Medical Insurance Portability From 1st October 2011 !

Come October and medical insurance buyers who are not satisfied with their existing policies can switch to another insurer without paying any extra premium....

8 Types of Mutual Funds Terms Simplified !

There are so many types of mutual funds these days , that many time investor get confused about them as the nomenclature changes ,...

Deposit Limit upto Rs 1 lakh for PPF Recommended !

Good news for PPF subscriber. The Committee on Comprehensive Review of National Small Savings Fund (NSSF) headed by Deputy Governor, RBI has recommended increasing...

What is Money Market Fund ?

A money market fund is a mutual fund that invests mainly in Treasury Bills, Repurchase Agreement (popularly known as Repos ) and Commercial Papers....

Investments Idea During Slowdown of Economy

All economic indicators have started showing signals of weakness and sluggishness- be it inflation, interest, economic growth rate or disinvestments.  What’s more, now the...

Double Bonanza for Senior Citizens – IDBI Federal launches Life’s Term Plan – eligible...

Private insurer IDBI Federal, a joint venture of IDBI Bank, Federal Bank and Ageas, a multinational insurance company from Europe, has launched a Life...

Have a Visa Debit Card – Can buy Mutual Funds online.

Fidelity Mutual Fund and ICICI Pru Mutual Fund has launched a facility wherein an investor can buy MFs of the two fund houses using...

Exemption of interest on post office savings account capped at Rs 3500 exempt

Now Savings account maintained with post office will not give you interest income exempt without any cap.Now government has capped tax free interest on...

Real Good News For HUF PPF Account Holders

The Public Provident Fund accounts in the name of HUF is not possible with effect from 13th May, 2005 as opening of PPF accounts...

What info is essentially required by a bank for online fund transfer by RTGS...

To be able to wire money online by RTGS system ,the remitting customer has to furnish the following information to a bank for effecting...