Scripbox

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How is Scripbox Retire Confident different than other retirement plans (insurance, NPS, PPF etc.)?

Unlike other retirement plans, Scripbox Retire Confident helps you to: Decide on the exact amount needed to lead a stress-free retired life. Grow your investment according to your chosen growth profile, while factoring in your risk appetite, current savings, SIP amount,...

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What is Scripbox Retire Confident?

Scripbox Retire Confident is a goal-based investment plan that will help you start monthly SIPs for your post-retirement financial needs. The plan is customized to suit your needs after factoring in your current income, expenses, savings, planned retirement age, etc....

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What happens after I have used up my emergency corpus?

Make sure you replenish your Scripbox Emergency Money the moment you are able to. Review your monthly expenses periodically and make room when you can.

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When is the ideal time to withdraw from Scripbox Emergency Money?

Emergency money should be withdrawn only in case of an unforeseen situation when you’re in dire need of money.

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I can easily use my credit card or take a loan during an emergency. Why do I need Scripbox Emergency Money?

You can use credit cards or take loans to tide over the emergency until you’re able to arrange funds. But they should not be seen as a replacement for setting up an emergency fund. The interest rates charged by banks...

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Will my capital amount be 100% safe in Scripbox Emergency Money?

As your money will be invested in Ultra Short-Term Debt Mutual Funds, your money will not really have down-market risks. These funds earn decent returns without being volatile. Historically, the returns have been in a range of 3% to 6%...

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Do I need to maintain a minimum balance in Scripbox Emergency Money?

You don't have to maintain a minimum balance. However, it is recommended that you do not withdraw this money for any other reason apart from emergencies.

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What are the benefits of having an emergency corpus?

In today’s uncertain life, having an emergency corpus is a must. Scripbox Emergency Money does the following for you: Differentiate between regular expenses and an emergency.Help you access money when you need it the most.Prevents you from making bad financial decisions (such...