What are Corporate FDs?

Corporate FDs Fixed Deposits are the most common form of Investment and most of our idle money is in the form of FDs with banks. Fixed deposits earn higher interest rates as compared to a regular savings account. In this time of the pandemic, when the…

Continue Reading What are Corporate FDs?

What are the benefits of Post Office Saving Schemes?

Benefits of Post Office Saving Schemes: Due to the ongoing COVID-19 pandemic, its impacts on the Indian economy has been huge. Several nationalized banks have taken measures to cut the interest rates on Fixed deposits. And these FD rates can come down further, at any time. While…

Continue Reading What are the benefits of Post Office Saving Schemes?

How can Gold loans help during Financial crisis?

Are Gold Loans the right choice in the current Financial crisis? The Market dynamics have been changing and it can be witnessed in the current scenario. We mentioned  Gold Loans as an option to meet short term emergency fund requirement and this has seen a huge…

Continue Reading How can Gold loans help during Financial crisis?

Popular Instant Personal loan apps in India

Instant Personal loan apps in India: In the last post under the Money mantra series, I discussed “How to arrange quick funds in case of an Emergency (and when you don’t have Emergency Funds). One of the most emerging trends from the last few years has been…

Continue Reading Popular Instant Personal loan apps in India

How to arrange money quickly in case of an emergency?

How to arrange money quickly if there is an emergency? In the last post, I had shared about the necessity of having Emergency funds. As the saying goes, Hope for the best and prepare for the worst! The question arises as to how to arrange money…

Continue Reading How to arrange money quickly in case of an emergency?

What is an Emergency fund and why do you need it?

By failing to prepare, you are preparing to fail ˜Benjamin Franklin As per CMIE [Ref¹](Centre for Monitoring Indian Economy), approx. 18 million persons have lost their employment in April 2020. Losing jobs in the current turbulent times have added to the woes of Indians. A lot of…

Continue Reading What is an Emergency fund and why do you need it?