What are various Investment options for Senior Citizen?

I am looking for Senior Citizen investment options for my parents. It should be low risk. Also plz provide bank detail which provide maximum intrest for senior citizen in Bank Fixed deposit. Thanks in Advance.

READ MORE

Investing 12 Lakhs

READ MORE

Dynamic Fund Investment for Overseas citizens(OCI card holder)

Sir, I am trying to invest in Dynamic debt funds. The SBI has two funds giving excellent returns.I am told that as OCI card holder I can’t apply for these funds. Is it correct ? If so why? Thank you in advance for any help/replies.

READ MORE

Please suggest which type of investment is best for me?

Hi,   I am 20 year old and i earn about 2 lakhs per year. As i currently live with my parents, my expenditure is low and thus i am thinking to invest 1 lakh per year…i am looking for 10-15 years of investment (that means 1 lakh * 10/15 = 10/15 lakh total investment).. […]

READ MORE

ICICI Tax saving bond redemption

Hello, My mother had put 20K in ICICI tax saving bond. Redemption date was in 2004, but my mother forgot to do the redemption. My mother tried to redempt it, but could not. After querying with the bank, bank told that the redemption cheque was sent to the old address. And as the money was […]

READ MORE

HDFC Does not allow part payment of Loan via NEFT

Dear All I have a Home Loan running with HDFC. When I inuquired their customer care about paying lumsump via Online/NEFT, they said they do not allow it. I mentioned about the RBI mandate which came last year about banks allowing NEFT Tx for pre-payment or EMI, however they are firm on saying HDFC Does […]

READ MORE

KYC Status ‘UNDER VERIFICATION’ and Investment done – Is that an issue?

Dear Forum Members, I have initiated KYC verification through ICICI Direct around end of March and it is ‘UNDER VERIFICATION’ state now. Its not yet verified. Recently I opened an account with FundsIndia and they also checked it and said no new KYC is needed as soon it will become ‘VERIFIED’. I have two questions […]

READ MORE

Generating more income

Hi Team, I am new to this Forum, plz suggest me any good way to generate more income & also i would like to know if it is Good to invest in SIP. which SIP is best to invest i will be able to invest around 1000-2000rs monthly in any good scheme for 10-15 hrs […]

READ MORE

SBI Maxgain

Dear MAnish/Ashal, Once again I’m asking for Maxgain querries.I know and gone through the long and good replies given by you on various queeries on same subject.But still I don’t understand same to full.It will be very helpful if you make me clear. I ahve taken a load of 20.4 Lacs and including Rin raksha […]

READ MORE

How to recover from this con job – Birla Sunlife Flexi Lifeline 2003?

Hi I have a Birla Child plan that I was suggested by Citibank in 2006. The plan was to get a bulk amount when my child reaches 18 yrs of age. I was made to believe that the design of the child plan is such that if the “premium payer” is no more, then the […]

READ MORE

FREE Financial Health Checkup

Take up a detailed 25 questions financial health checkup to find out how much you score out of 100?

Archives