List of Services
Mutual Funds
Investment in mutual funds offers diversification and professional management.
Why It’s Important
It’s an effective way to build wealth over time with relatively low risk.
Benefits
- Steady returns
- Tax-saving potential (ELSS)
- Professional fund management
FAQs
What is SIP?
Systematic Investment Plan is a way to invest in mutual funds regularly.
How to start investing?
You can start with as low as ₹500 per month.
Stock Market/Trading
Invest directly in stocks to maximize return through buying and selling shares.
Why it’s Important
It offers higher potential returns but comes with increased risk
Benefits
- High growth potential
- Liquidity
- Direct exposure to companies
FAQs
How much money do I need to start?
Start with any amount, but a diversified portfolio is recommended
Is stock trading safe?
Stock trading carries risk; proper research and strategy can reduce risk
Health Insurance
Protection against medical expenses with coverage for hospitalization and treatment
Why It’s Important
Unexpected medical costs can be a financial burden. Health insurance safeguards you from these costs.
Benefits
- Cashless hospitalization
- Coverage for pre and post-hospitalization
- Tax benefits under section 80D
FAQs
What does health insurance cover?
Covers hospitalization, surgeries, doctor consultation, and emergency treatment
How much coverage do I need?
Depends on age, health, and family medical history
General Insurance
Covers a wide range of risks, such as property damage, theft, or third-party liabilities
Why It’s Important
It protects assets and reduces financial loss from unforeseen events
Benefits
- Protection for homes, vehicles, and business
- Peace of mind knowing you’re covered
- Affordable premiums with high coverage
FAQs
What is covered under general insurance?
It covers assets like cars, homes, and businesses against damage or theft
How do I claim?
Contact the insurance provider with your policy details and claim form.
Corporate Fixed Deposits
Fixed deposits offered by companies with attractive interest rates
Why It’s Important
Secure and stable investment with fixed returns
Benefits
- Higher interest rates compared to banks
- Low-risk investment
- Fixed return over a period of time
FAQs
What are the risks?
Corporate FDs have a slightly higher risk compared to bank FDs but are still considered safe.
How to invest?
Choose a reliable company offering corporate FDs and fill out the required paperwork
National Pension System (NPS)
A government-backed pension scheme for long-term retirement savings
Why It’s Important
Helps secure your financial future by ensuring regular income post-retirement
Benefits
- Tax benefits under sections 80C and 80CCD
- Low-cost investment option
- Flexibility in asset allocation
FAQs
What is the minimum investment?
Rs 500 per month
Can I withdraw before retirement?
Partial withdrawals are allowed after 3 years.
New PAN Card Creation
Assistance in applying for and obtaining a new PAN card
Why It’s Important
PAN is essential for tax purposes, financial transactions, and more
Benefits
- Easy online application process or detailed guidance on the manual offline process
- Required for tax filling, bank transactions, and investment
FAQs
How to apply?
Fill out the application form online and submit the documents
How long does it take?
PAN cards are issued within 15 to 20 days.
Capital Gains Tax Savings Bond
REC, or Real Electrification Corporation Ltd, is a capital gains tax saving bond that is also known as 54 EC.
Benefits
- Capital gain arises out of property sales
- Tax saving and low-rate investment
FAQs
How to get a capital gains tax saving bond?
Sell your property to invest in capital gains tax saving bond
Can I withdraw before maturity?
No, you cannot withdraw money before the lock-in period, which is 5 years
Government of India Bonds
All types of government of India bonds like RBI floating rate bonds, income tax saving bonds
Benefits
- This type of bond is famous for a stable investment policy
- You will get interested regularly, giving a steady flow of money.
FAQs
Is government bond tax free?
A tax-free bond is a fixed-income investment where you will get interested after the tax deduction.
Is it safe to invest in government bonds?
Government bonds are low rare investment policy.