In the wake of Reliance Communications (RCom) expected to cut a number jobs due to its plan to shut major parts of its wireless business in the coming 30 days, many employees have begun to fear about the possibility of layoff without enough/prior notice. What if such a situation comes to you? Are you financially…
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Claim settlement process for life insurance should be a smooth process for the nominee. And for the faster claim processing, the claimant should submit the right and complete set of documentation. If you do not want your nominees to go through a cumbersome claim process, it is imperative to do the right things when buying…
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Banks are offering credit cards widely to employees and business associates. But is it wisely take one and use them? This is the first question that strikes most of the first time users. Read through to find a conclusive answer. An efficient use of credit card helps manage cash flow. However, ensure to get an…
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Rekha’s family was in all joy when their little munchkin turned one recently. The birthday celebration was a big pomp and show. Apart from the several birthday gifts the little one received, the birthday baby was gifted with INR 50,000 from her grandparents. Rekha wanted to exclusive save it for the child as a token…
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Mr. Rohit’s 10-year-old was diagnosed with dengue. All the medical expenses together including diagnosis, consultation, medication etc. costed more than INR12,000. Since there was no hospitalization, the medical insurance worth INR5,00,000 came for no use at that point of time. Cases like these are common in most Indian families, where the extra/unexpected health care expenses…
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Diwali is the most-awaited festivals in the sub-continent. The festival signifies the victory of knowledge over ignorance, good over evil, light over darkness, hope over despair. As a practice and ritual, Lord Ganesha, Goddess Saraswathi, and Goddess Lakshmi are worshipped on this day. Thus, emphasizing the importance of wealth, prosperity, knowledge, wisdom, and intelligence. Do…
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One considers many things before taking a term insurance plan like, picking the right coverage; liabilities; returns to shield the rate of inflation and the needs of the family. Apart from all these, one needs to pick the best service provider to get the right benefit. Below are the factors to consider before picking an…
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As a parent, you would definitely want your kid to lead a dignified, independent and self-sufficient financial life. But have you ever thought of making the right ground for them to evolve and grow up as a financially responsible adult? This ArthaYantra post helps you grab quick helpful tips. Help them build the right…
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The recent guidelines from Sebi on consolidation and merger of mutual fund schemes, would reduce the clutter and make it simple for the investors to easily compare the performance of various mutual fund schemes offered by the fund houses. Uniform definitions for fund categories were brought out by Sebi, in a bid to lessen the…
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To convert the dream of ‘owning a home’ a reality, you may have to go through a daunting process like looking for the suitable property, accumulating for down payment, applying for a loan, and a lot more. Especially, when you are applying for the loan for the first time, you may face many setbacks. It…
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