Retirement planning is an essential part of financial planning. An increase in average life expectancy increases the need for retirement planning. Planning  for retirement not only ensures an additional source of income but also helps in dealing with medical emergencies,...

What is a Real Estate Investment Trust (REIT)? Real Estate Investment Trusts are similar to mutual funds. They pool money from multiple investors and use that to buy income-generating real estate properties. REITs manage these assets so that they can...

Non-Resident External (NRE) account is a bank account for NRIs to transfer their foreign currency earnings to India. This account is very liquid, and all deposits are fully and freely repatriable to the NRIs country of residence. Moreover, the interest...

What is the best investment option for beginners? Investing can be quite confusing for beginners. With a wide array of investment options and financial products available, investing often seems taxing. As beginners, there are many things that one should consider...

In a world filled with uncertainties, an insurance cover acts as a protection. Insurance is a risk mitigating mechanism that helps restore balance in one's life. Having an insurance cover not only benefits the policyholders by helping lead a stress-free...

Taking loans and being unable to pay them is very common. Home loan is one loan that usually prolongs for a decade and a half or even more. The loan can be defaulted due to many uncertainties like loss of...

HDFC Bank offers different types of savings accounts. All the HDFC Savings Accounts have an interest in the range of 3%-3.5%. Also, the bank offers investors an array of benefits. Some of the benefits are the nomination facility and ATM...

An emergency can knock on your door anytime. It can be a job loss, or a medical emergency, or even a natural disaster leading to loss of shelter and livelihood. In an emergency, only money can be a saviour. Hence,...