I need to know what can be done if a ULIP has been missold by a bank executive and 15 days freelook period is over…I have been sold an AVIVA policy as an One time policy, its been nearly an year…..second premium cant be paid now and value stands @ nearly 60% of the original […]

Hello Everyone, We all know that a Mutual Fund Manager invests in one or more selected companies. Can the manager change the Investment portfolio of a particular MF? If yes, How frequently? To be more clear.., suppose a Fund Manager of a Mutual Fund ‘A’ invests 100% of amount available in 5 companies namely: ‘SBI’ […]

My Question is regarding Interest on FD’s . Can you let me know which type of interest will give me best returns . For HDFC FD i found out the following interest type . Can somebody help me as to which is the best interest type to be selected which will give me more returns. […]

Hello All Members I want to know that is Investment with Sahara India is safe or not ? Acctually it gives good returns and now sahara india increases its intrest rate also after policy given by RBI. So i want to know that is it undertaken by RBI or Not ? Please all members PLZ […]

Hello Everyone, I am aware that the highest amount one can invest in a PPF account during a year is 70k. And whether the duration considered for an year is from “Jan – Dec” or “April – March”? To be more clear: Suppose I invested 70K in March,2011. Then can I invest another 70K in […]

One of my friend who had gone shopping had his pocket picked alongwith his credit card. As soon as he realized this, he rushed home, found the credit card number from his records and reported the loss to the bank. The bank advised him that they are blocking his card from the moment he advised […]

Hi All, How the FD interest is calculated when we break the deposit in the following conditions, Suppose my tenure is 12 months for 1 Lk ( interest 6%) 1. break on 5th month ( less than 6 months).2. break on 7th month ( > 6 mnts and < 12 mnths) and with draw from […]

i am a retired Bank official who has recently opted for the pension with commutation.It is said that since i have availed commutation the full pension will be restored only after 15 years from the date of commutation.My question is what is the calculation /rationale  for restoring full pension after 15 years.The commutation is based on […]