Do this before your marriage ! In India, the average cost of a wedding is around ₹20 lakh. This month, there are an estimated 35 lakh weddings taking place, which will total ₹4 lakh crore. But what if your wedding is cancelled or postponed due to an uncertain event, such as a wedding cancellation, property damage, or personal accidents. In this case, wedding insurance can provide financial protection for your wedding expenses. It typically covers liability, cancellation, damage to property, and personal accidents. Also, it covers the following expenses when a wedding gets cancelled: # Advances paid to cater # Advances paid for venue rental # Advances paid to transportation # Advances are given for hotel room booking etc The cost of wedding insurance varies depending on the amount of coverage you choose. A ₹20 lakh cover policy typically costs around ₹2000; this premium is subject to change in accordance with the location . Because a ₹20-lakh cover for a wedding in Mumbai or Delhi will cost between Rs 10,000-20,000 . It is important to purchase wedding insurance at least 3 years before your wedding date. This is because most policies have a waiting period of at least 90 days. Not many insurers offer wedding insurance in India. Among those who do are Future Generali, ICICI Lombard, Bajaj Allianz, Oriental Insurance, and the National Insurance Company. Follow for more such informative content !
SEBI has a new rule for stockbrokers! Have you ever checked your demat account statement and found that money has been deducted without your permission? This is a common problem caused by technical glitches. In the past, stock brokers would often use this as an excuse to avoid taking responsibility for the losses. They would claim that there was a clause in the demat account opening form that absolved them of liability for technical glitches. This is no longer the case. SEBI will now introduce a new rule that requires stock brokers to explain the most important terms and conditions to their clients in plain English. This is a big win for investors, as it means they’ll be better informed about their investments and less likely to be taken advantage of by stock brokers. The new rule goes into effect on April 1, 2024, for new clients and on June 1, 2024, for existing clients. 3 Hacks to Avoid Losing Money from Technical Glitches in the Demat Account: 1.Set up alerts and notifications: Enable alerts for order confirmations, price movements, and margin utilisation. Get notified of any suspicious activity or potential glitches in your account. 2.Regularly review your Demat account statements: Review your statements regularly to identify discrepancies or unauthorised transactions. Detect technical glitches early on and take corrective action. 3.Maintain a minimum cash balance in your demat account and only deposit funds when you intend to purchase stocks. Share this reel with your friend for more awareness.
Get your dream home at a discounted price at auction! Do you dream of owning a home in Goa or Mumbai but the prices are too high? Don’t worry, there’s a way to get your dream home at a discounted price Through auction ! When borrowers can’t repay their loans, banks put the mortgaged properties up for auction. These properties are typically sold for 10-30% less than their market value, so you can save a significant amount of money. To find auction properties, you can visit the IBAPI website or other auction websites such as E auction India, Foreclosure, and Find auction. Once you’ve found a property that you’re interested in, you can contact the authorized authority to learn more about the auction process. Here are some tips for buying property at auction: • Do your research. Before you bid on any property, be sure to do your research to understand the market value of the property and any potential problems. • Be prepared to act quickly. Auctions can move quickly, so be prepared to act fast if you see a property that you want. • Have your finances in order. Before you bid on a property, make sure that you have the financial resources to pay for the purchase price, closing costs, and any necessary repairs. Buying property at auction can be a great way to save money on your dream home. Visit the IBAPI website today to start browsing auction properties in Goa, mumbai and other cities across India! #finance #property #nehanagar
Talking money after marriage: Is it taboo? Marriage is a beautiful union of two hearts and souls, but it’s also a practical partnership. Before you get married, you’ve undoubtedly had several discussions about how you two will tie the knot, including whether it will be a destination wedding or a more casual event, how much both families would spend on the nuptials, and other topics. But what about after marriage? Why do so many couples hesitate to talk about finances? Before you take your relationship to the next level, it’s important to have a candid conversation about your finances. This can be a touchy subject, but it’s essential to be on the same page when it comes to money. 1. Finances combined or split? Decide how you want to handle your finances as a couple. Will you combine your incomes and expenses into one account, or keep them separate? If you’re combining finances, how will you decide how to spend and save money? 2. Money mindset and communication. Talk about your relationship with money and your money mindset. Are you a spender or a saver? Do you have any debt? How comfortable are you talking about money with your partner? 3. Financial goals. Discuss your financial goals for the future. Do you want to buy a home? Save for retirement? Travel the world? It’s important to be aligned on your financial priorities. 4. Financial dependents. Do either of you have financial dependents, such as parents or siblings? If so, how will you handle these financial obligations? 5. Separate savings accounts. It’s a good idea to have separate savings accounts for yourselves, even if you’re combining your finances. This can give you each some financial autonomy and allow you to save for individual goals. Talking about money can be uncomfortable, but it’s an important conversation to have before you take your relationship to the next level. By being open and honest about your finances, you can build a strong foundation for your future together. Start a conversation about finances with your partner today.
Nominee vs. Legal Heir: Who gets your assets? Your nominee is not the same as your legal heir. Your nominee is simply the person you’ve named to receive your assets in the event of your death. Your legal heir, on the other hand, is the person who is entitled to inherit your property under the law. If you want to ensure that your assets are distributed according to your wishes, you need to create a will. A will is a legal document that specifies who you want to inherit your property after your death. Without a will, your assets will be distributed according to the laws of inheritance, which may not be what you want. Example: In the reel, Neha nominated her mother as the nominee for her assets. However, after her death, her husband argues that he is entitled to inherit the property as a legal heir. Under the law, Neha’s husband is correct. He is entitled to inherit her property, even though he was not nominated as the nominee. If you want to ensure that your assets are distributed according to your wishes, you need to create a will. Follow nehanagar for more. #nominee #finance #assets #nehanagar
Just after I started investing 😂
We won Best Educational Influencer 2023 @entrepreneurind All I want to say is Thank you Each one of you. You. 2019 : I left my job ( wealth mgt at IIFL ) to start something of my own. Then started a taxation firm business, but just after a few months, COVID arrived and everything got shuttered I was concerned about how to pay my employees’ salaries Whatever I had earned had been consumed by running expenses. So I began to explore many options. At that time, TikTok was very popular and I jumped onto the bandwagon. I had never been a regular viewer before. In fact, before the lockdowns, I had barely even watched YouTube videos. Once I got onto social media, I realized that there were multitudes of people watching TikTok and all the content was predominantly dance, music, or comedy. There was nothing related to my domain ( finance ) So I decided to try to promote my business on TikTok by making simple videos on themes relevant to my business. During the early lockdowns, I made TikTok videos about ITR deadline extension and MSME packages to help small business owners, since I had received a lot of queries from my existing clients. My follower numbers kept climbing to gain considerable volume. Then, In June 2020, TikTok was banned in India. “I felt like I was back to square one. But within a week, Instagram launched Reels and I started posting there,” I reveal. Within no time, my followers on Instagram began to increase at the rate of 1 lakh per month. Today, we are here, helping people become financially literate. I couldn’t have done it without you all. Thank you for your support. @kabirsinghbhandari @ritu.marya @iamprashant.nagar
We won Best Educational Influencer 2023 @entrepreneurind All I want to say is Thank you Each one of you. You. 2019 : I left my job ( wealth mgt at IIFL ) to start something of my own. Then started a taxation firm business, but just after a few months, COVID arrived and everything got shuttered I was concerned about how to pay my employees’ salaries Whatever I had earned had been consumed by running expenses. So I began to explore many options. At that time, TikTok was very popular and I jumped onto the bandwagon. I had never been a regular viewer before. In fact, before the lockdowns, I had barely even watched YouTube videos. Once I got onto social media, I realized that there were multitudes of people watching TikTok and all the content was predominantly dance, music, or comedy. There was nothing related to my domain ( finance ) So I decided to try to promote my business on TikTok by making simple videos on themes relevant to my business. During the early lockdowns, I made TikTok videos about ITR deadline extension and MSME packages to help small business owners, since I had received a lot of queries from my existing clients. My follower numbers kept climbing to gain considerable volume. Then, In June 2020, TikTok was banned in India. “I felt like I was back to square one. But within a week, Instagram launched Reels and I started posting there,” I reveal. Within no time, my followers on Instagram began to increase at the rate of 1 lakh per month. Today, we are here, helping people become financially literate. I couldn’t have done it without you all. Thank you for your support. @kabirsinghbhandari @ritu.marya @iamprashant.nagar
We won Best Educational Influencer 2023 @entrepreneurind All I want to say is Thank you Each one of you. You. 2019 : I left my job ( wealth mgt at IIFL ) to start something of my own. Then started a taxation firm business, but just after a few months, COVID arrived and everything got shuttered I was concerned about how to pay my employees’ salaries Whatever I had earned had been consumed by running expenses. So I began to explore many options. At that time, TikTok was very popular and I jumped onto the bandwagon. I had never been a regular viewer before. In fact, before the lockdowns, I had barely even watched YouTube videos. Once I got onto social media, I realized that there were multitudes of people watching TikTok and all the content was predominantly dance, music, or comedy. There was nothing related to my domain ( finance ) So I decided to try to promote my business on TikTok by making simple videos on themes relevant to my business. During the early lockdowns, I made TikTok videos about ITR deadline extension and MSME packages to help small business owners, since I had received a lot of queries from my existing clients. My follower numbers kept climbing to gain considerable volume. Then, In June 2020, TikTok was banned in India. “I felt like I was back to square one. But within a week, Instagram launched Reels and I started posting there,” I reveal. Within no time, my followers on Instagram began to increase at the rate of 1 lakh per month. Today, we are here, helping people become financially literate. I couldn’t have done it without you all. Thank you for your support. @kabirsinghbhandari @ritu.marya @iamprashant.nagar
Sales season where discounts are fake ! As India’s well known e-commerce website sales are currently going on, you may be thinking about buying a laptop or another product at an attractive price that we had not previously considered. But don’t be fooled. These e-commerce giants often manipulate prices to make it look like you’re getting a great deal, when in reality, you’re not. You must be wondering how this is being manipulated and why we shouldn’t purchase the product at discounted price Like, on October 6, when the sale was set to begin, the price of the MacBook Air was reduced from Rs 70,00 to Rs 63,000. On October 7, however, when the sale officially began, the price was raised to Rs 70,00. These e-commerce giants artificially inflated the price before the sale in order to create a sense of urgency and make the discount look more appealing. And they change many products since, as we all know, sales attract a lot of customers. This is especially so in India, where we always check out deals. In order to avoid buying anything at a manipulated price, Use a pricing tracker. You can see the pricing history of a product using a price tracker. This can be useful for locating products that have artificially increased prices before a sale. And based on that, you may determine whether or not there is a discount available for that item. Remember, e-commerce company are businesses too, and their goal is to make money. They’re not going to give away products for free. So, be skeptical of any sale that promises huge discounts. Share this video with your friend and family who are thinking of buying a product on ongoing sale. #finance #sale #electronics #nehanagar
Have a brilliant startup idea but no funding? Imagine you have a brilliant startup idea. You’ve done your research, you’ve created a rough prototype, and you’re confident that your product or service will be a hit. But there’s one big problem: you don’t have the money to get started. That’s where the government’s Seed Fund scheme comes in. This scheme provides financial assistance to early-stage startups to help them develop and commercialize their products and services. To be eligible for the Seed Fund scheme, your startup must be: – Recognized by DPIIT – Not more than 2 years old – 51% owned by an Indian – Not have raised more than ₹10 lakh from any state or central government scheme If you meet these criteria, you can apply for the Seed Fund scheme online. If your application is successful, you will be granted ₹20 lakh for product testing and prototype development. This amount will be disbursed to you in installments. Once you have developed and tested your product or service, you can apply for the second tranche of funding, which is ₹50 lakh. This amount can be used for business marketing, commercialization, and scaling up your business. You can repay this amount over a period of 5 years, without interest in the first year. The Seed Fund scheme is a great opportunity for entrepreneurs with innovative startup ideas to get the funding they need to get their businesses off the ground. If you have a brilliant idea, don’t let a lack of funding stop you from making it happen. Apply for the Seed Fund scheme today! #government #finance #nehanagar
TCS – going to ruin your travel plans? NOT AT ALL! Read on! Alert! The TCS tax rules are changed starting Oct ‘23: – For a ₹9L family trip, TCS could be ₹75K under new rules, up from ₹45K! Stay ahead with these tips: 1. **Split Costs**: Allocate trip expenses among family to keep each person’s cost below ₹7L. 2. **Book Wisely**: A ‘tour package’ combines costs and triggers TCS. Book flights and hotels separately to manage expenses within the TCS threshold. 3. **Credit Savvy**: International credit cards might not incur TCS—double-check with your bank. 4. **Claim Your Tax Back**: If you’ve paid TCS, you can claim it as a tax refund. Just submit your travel documents and TCS receipts when filing your tax returns. To illustrate: – Old TCS: 5% of ₹9L = ₹45K – New TCS: 5% on ₹7L 20% on remaining ₹2L = ₹75K Tour Package vs Separate Booking: – Tour Package: All travel services billed together, often exceeding the ₹7L limit. – Separate Booking: Each service is billed individually, easier to keep under ₹7L. Travel smart, not hard! 🛫 and follow us for more travel/finance tips 🙂
Can you afford Iphone ? Let’s check. 1. It should be an investment for you ( gives you something in return which is more value-able than it’s price ) 2. You have 2X amount cash to buy it. 3. If you chose to buy on EMI , all your EMI ( house , car , credit car etc ) should be under 30 % of your monthly income. Make it your Asset- not liability 😊 Let me know your thoughts on this.
FDs are giving more than 9% interest? 😮 Fixed Deposits ensure guaranteed returns upon their maturity. Many top banks now offer FD interest rates up to 7.5%. Small finance banks are even ahead, with some giving FD investors more than 9% interest rate. Banks like Utkarsh Small finance bank is giving up to 9.1% interest on FD, and HDFC bank is also giving up to 7.75% interest. And the best part is, amount up to 5 lakh is RBI insured, hence no risk. So if you are looking for marketplace that specializes in providing individuals with reliable fixed-income investment opportunities, Stable Money is here for you. The platform explores FD interest rates from over 200 esteemed banks, allowing customers to effortlessly manage and track their FDs using intuitive digital tools. So click on the link in my bio and start your journey with Stable Money today.
We made it to Forbes Again 😍❤️ Although I was on a break past 9-10 month. But because I love what I do so I could manage time for myself, to do something for which I am passionate about. I took a break at a time when everything was working well for me, I wanted to have everything for me , career & family. Now that I am blessed with my girl, I wish to take my career ahead for her, for myself and for my family. Always grateful to my Husband @cadeepakbhati for being the best. And my fam @iamprashant.nagar for being the best brother & Manager @finglory for being the best Maasi. Also each one of you who continued watching my work even if I wasn’t consistent. Let’s see what surprises I have for you guys this year.. Lot and lots of value coming. I am so excited. Thank you 😊 Team @forbesindia @naandikat @nainithaker95 ❤️🥺
We made it to Forbes Again 😍❤️ Although I was on a break past 9-10 month. But because I love what I do so I could manage time for myself, to do something for which I am passionate about. I took a break at a time when everything was working well for me, I wanted to have everything for me , career & family. Now that I am blessed with my girl, I wish to take my career ahead for her, for myself and for my family. Always grateful to my Husband @cadeepakbhati for being the best. And my fam @iamprashant.nagar for being the best brother & Manager @finglory for being the best Maasi. Also each one of you who continued watching my work even if I wasn’t consistent. Let’s see what surprises I have for you guys this year.. Lot and lots of value coming. I am so excited. Thank you 😊 Team @forbesindia @naandikat @nainithaker95 ❤️🥺
We made it to Forbes Again 😍❤️ Although I was on a break past 9-10 month. But because I love what I do so I could manage time for myself, to do something for which I am passionate about. I took a break at a time when everything was working well for me, I wanted to have everything for me , career & family. Now that I am blessed with my girl, I wish to take my career ahead for her, for myself and for my family. Always grateful to my Husband @cadeepakbhati for being the best. And my fam @iamprashant.nagar for being the best brother & Manager @finglory for being the best Maasi. Also each one of you who continued watching my work even if I wasn’t consistent. Let’s see what surprises I have for you guys this year.. Lot and lots of value coming. I am so excited. Thank you 😊 Team @forbesindia @naandikat @nainithaker95 ❤️🥺
Talking money after marriage: Is it taboo? Marriage is a beautiful union of two hearts and souls, but it’s also a practical partnership. Before you get married, you’ve undoubtedly had several discussions about how you two will tie the knot, including whether it will be a destination wedding or a more casual event, how much both families would spend on the nuptials, and other topics. But what about after marriage? Why do so many couples hesitate to talk about finances? Before you take your relationship to the next level, it’s important to have a candid conversation about your finances. This can be a touchy subject, but it’s essential to be on the same page when it comes to money. 1. Finances combined or split? Decide how you want to handle your finances as a couple. Will you combine your incomes and expenses into one account, or keep them separate? If you’re combining finances, how will you decide how to spend and save money? 2. Money mindset and communication. Talk about your relationship with money and your money mindset. Are you a spender or a saver? Do you have any debt? How comfortable are you talking about money with your partner? 3. Financial goals. Discuss your financial goals for the future. Do you want to buy a home? Save for retirement? Travel the world? It’s important to be aligned on your financial priorities. 4. Financial dependents. Do either of you have financial dependents, such as parents or siblings? If so, how will you handle these financial obligations? 5. Separate savings accounts. It’s a good idea to have separate savings accounts for yourselves, even if you’re combining your finances. This can give you each some financial autonomy and allow you to save for individual goals. Talking about money can be uncomfortable, but it’s an important conversation to have before you take your relationship to the next level. By being open and honest about your finances, you can build a strong foundation for your future together. Start a conversation about finances with your partner today. It’s one of the best things you can do for your marriage. #finance #money #nehanagar
UPI Limit Reached? No Worries! Make IMPS Transfers with Just a Phone Number and Name To make digital payments more convenient, the National Payments Corporation of India (NPCI) has introduced a new rule that eliminates the need to enter the recipient’s account number or IFSC code for IMPS transfers. This simplified process makes IMPS transfers even more convenient and time-saving. Now, you can easily transfer funds of up to ₹5 lakhs to anyone simply by providing their phone number and name. This is particularly beneficial for scenarios where you don’t have the recipient’s complete bank account details. To make an IMPS transfer using this new method, follow these simple steps: Open your UPI app (such as Paytm, PhonePe, or BHIM). Select the “IMPS” option. Enter the recipient’s phone number and name. Enter the amount you want to transfer. Review the transaction details and confirm the transfer. That’s it! The funds will be transferred to the recipient’s account almost instantly. Share this reel with your friends and family.
Don’t let a lump-sum payout overwhelm you. Choose the monthly payout option for term insurance. Recently received a lump sum amount of insurance? But don’t rush into any investment decisions without first doing your research. You’re likely to get lots of suggestions from relatives and friends, but it’s important to remember that everyone’s financial situation is different. What works for one person may not work for another. To be honest, lump sum payouts are quite challenging to manage. After all, many people don’t know that much about finances, and a large sum of money can be overwhelming. That’s where the monthly payout option for term insurance comes in. With the monthly payout option, your loved ones will receive a regular income over a period of time instead of a one-time lump sum payment. This can help them manage their finances more effectively and avoid making any rash decisions. Here are three monthly payout option – 1. In the first option, your family will get a lump sum payment of 50% to meet all immediate costs, and the other 50% will be divided into monthly instalments. 2. Your whole insurance premium will be split into monthly payments. 3. The third alternative is that instead of receiving a lump sum payment, you would instead get monthly payments that you might raise by 10% or 20% annually. This could be helpful if your children are starting school and your monthly expenditures are expected to rise. When choosing a monthly payout option, it’s important to consider your family’s financial needs and goals. You should also factor in the length of time you want the payments to last. If you’re considering term insurance, be sure to choose the monthly payout option. It’s a smart way to protect your loved ones from financial hardship and ensure that they have the financial resources they need to live comfortably. #insurance #finance #nehanagar
This could steal your money and personal information. We often use PDF converters in our daily lives, but did you know cyber criminals can use free PDF converters to steal our personal information by embedding malware into the converter itself or by creating fake websites that look like legitimate PDF converter websites. But here are a few things you can do to protect yourself from free PDF converter scams. 1. Only use PDF converters from reputable sources. This means that you should only download converters from websites that you trust. 2. Be careful about what information you enter into PDF converters. If you are asked to enter any personal information, such as your passwords or bank account numbers, be sure to verify that the website is legitimate. 3. Use a VPN when converting PDFs. A VPN will encrypt your internet traffic and make it more difficult for cybercriminals to intercept your data. Follow for more.
#Ad Love and financial security go hand in hand. Having a term plan brings peace of mind and financial stability to your loved ones. Choose Kotak e-Term, which not only protects your family’s financial future against life’s uncertainties but also gives back all your premiums through the “Special Exit Value” option that can be added to the base plan. You can further enhance the coverage by adding a critical illness cover, which will protect you against 37 critical illnesses. Visit www.kotaklife.com today to learn more. #Kotaklife #financialplanning #lifeinsurance
Your UPI Id will be deactivated, if you haven’t used it in a year . That’s right, the National Payments Corporation of India (NPCI) has announced a new rule that will deactivate UPI IDs that have not been used for one year. This means that if you haven’t used your UPI ID since December 31, 2022, it will be deactivated on December 31, 2023. What does this mean for you ? If your UPI ID is deactivated, you will no longer be able to send or receive money using UPI. In addition, you will need to re-register your UPI ID with your bank to continue using it. How to avoid deactivation ? To avoid having your UPI ID deactivated, simply use it at least once a year. If you haven’t used your UPI ID in a while, send or receive a small amount of money to reactivate it. Share this important reel with your friends and family to help them avoid UPI ID deactivation. #upi #finance #nehanagar
Your dreams are just a swipe away with Federal Bank Credit Card. Have you been dreaming of owning a new laptop for video editing or a professional camera for photography? But the price tag has been holding you back? Price is always a hindrance. But, you know, it’s our dream. Why should we wait because of the price? But now don’t hesitate. With the Federal Bank Credit Card, you can finally make your dream a reality, and enjoy a host of benefits at the same time. You must be wondering why this card, so let me explain. Get exciting offers and extra discounts: Federal Bank Credit Card holders enjoy exclusive offers and discounts on a wide range of products and services, including electronics, travel, lifestyle, and more. Earn 3 times reward points: Federal Bank Credit Card holders earn 3 times reward points on all purchases made with their card. Enjoy a free lifetime membership with no joining fees: When you apply for a Federal Bank Credit Card, you get a free lifetime membership with no joining fees. Pay a low markup fee of just 2%: Federal Bank Credit Card holders pay a low markup fee of just 2% on all purchases made with their card. Enjoy free airport lounge access: Federal Bank Credit Card holders enjoy free airport lounge access. Click on the link in my bio and apply for your Federal Bank Credit Card today and start making your dreams come true!
