Gold is one of the most valuable metals. With Indians buying tonnes of gold every year, India made it to the list of largest consumers of gold in the world. Almost every household invest in gold at some point. Much of its popularity stems from the fact that it holds great value even in the face of inflation. So, it is the safest form of investment. People also buy gold to use it as collateral and secure loans in the future to meet their financial requirements. With the attractive Muthoot gold loan rate per gram, you can easily make payments without putting any burden on your budget.

Why is digital gold gaining popularity among younger generations?

Compared to physical gold, investing in digital gold is much more convenient and flexible. You do not need to visit any physical location to buy gold. You can buy 24k gold at market price and have the engine gold redeemed whenever you want to. The best part is that you can invest safely in the yellow metal from the comfort of your home – with just a few clicks on your computer.

Investment in digital gold 

Before you visit an online platform to buy digital gold, make sure you have adequate knowledge of it works. Here are the top points to get started:

• You can still buy gold if you do not have a large investment amount. You can invest in digital gold as low as Rs. 20, depending on your gold seller.
• You can buy gold based on its weight or specify the amount of cash you want to dispense.
• Keep in mind that the minimum amount of gold you can purchase is 1 gram.
• The gold you purchase online is stored under your name. However, the storage periods vary across companies.
• You can sell your digital gold and obtain liquid cash against these transactions. It also enables you to redeem your investment by getting the purchased gold in its physical form.

Reasons to invest in digital gold 

You must be wondering why digital gold investment has gained the interest of the young generation. The reason is that digital gold investment is one of the simplest wealth-creating opportunities, offering ease of access. Here are some of the top reasons to invest in digital gold: No restrictions: There is no restriction on how much you can invest in digital gold. You can start your investment journey with as small a purchase as you can afford. Assured quality: The benefit of digital gold investment is that it ensures the safety of buyers. You are guaranteed to own 24k gold only. Easy redemption: You can convert your digital gold into physical gold coins and bars. You can also avail of the return on investment in the form of liquid cash if necessary. Security for online loans: As a digital gold owner, you can use your asset as collateral and secure loans from the market. Your loan amount depends on the value of your digital gold in the market. With Muthoot’s gold loan rate per gram at its best, now may be the right time to access funds to meet your requirements. Enhanced safety: Unlike physical gold, you do not have to take any measures to ensure the safety of digital gold as it is not subject to theft or loss. Your digital gold is safe in secured vaults verified by the independent trustee. Transaction record: Another reason to invest in digital gold is that you can keep a proper record of transactions. For instance, if you are in doubt about past transactions, you can check them on your online application. This way, you can gain better insight into your investments. Opportunity to diversify investment: Digital gold investments allow you to balance or hedge your portfolio to reduce risk concentration. Instant updates on gold prices: It is worth noting that digital investment platforms are linked with real-time market changes. So, any changes in the gold prices in the market are immediately reflected in your app, allowing you to take advantage of the latest gold rates. No storage cost: Another benefit of investing in gold is that you can keep your gold in a secured vault for up to five years at no additional cost.

In short

Digital gold has been gaining tremendous popularity among young generations. The reason can be attributed to the fact that it offers a much more convenient way to invest in gold. Depending on the digital gold investment platform, you can get your gold delivered as coins, bars, or jewellery at your doorstep. The great part is that there is ensured purity, storage security, and flexibility to purchase gold with little money.

Financial Management is known as one of the important aspects of the business. One needs excellent knowledge to start or run a successful business. It generally refers to directing, strategic planning, organizing, and controlling various financial undertakings in an organization. It also covers applying the management principles to the financial assets of an organization.

Several objectives are involved in financial management, such as maintaining the supply of funds for an organization and efficient utilization of funds. The department of financial management department carries out numerous functions like calculating the required capital, investing the capital, allocating the profits, etc.

Smart money management brings more profit

Financial Management for business is important for various reasons. Some of the common reasons are assisting the organization in making critical financial decisions or helping organizations in financial planning. Financial Management refers to creating a plan that determines the required capital amount and the capital organization. Example – A lender that lends from its own capital needs to work out every budget aspect and capital management.

IF it serves the people looking for bad credit car finance in Ireland, it should work on an effective interest rate policy. Customization to customers with its own concerns of profit should work together. Here in this guide, we will briefly talk about the different roles of financial management in business progress.

Helpful in Capital Management

Capital Management is known as the financial strategy aimed to ensure the maximum efficiency in a cash flow of a company. An organization towards capital management aims to have an adequate means of meeting the day-to-day expenses as well as financial obligations in the short term.

Financial management lets you maintain a good ratio between the assets and liabilities of a company. An effective Financial Management can guarantee the business to handle its expenses and debts without any risk.

Vital for Financial Planning

Financial Planning is known as the process. It refers to a long-term method of wisely managing the finances of your business to achieve certain goals. Effective financial management lets you plan the finances for the business. If, as a lender, you want to offer no deposit car finance in Ireland or a lower interest payday loan, then it should have risk-bearing capacity.

When it comes to running the business, one needs to have a clear plan in mind. Financial planning is important to control the revenue and flow of funds of the organization. Financial planning involves several steps, including setting clear goals, smart budgeting, avoiding risks, and measuring growth.

Supports financial decisions and gives control

Financial decisions and controls refer to the policies, procedures, and means of monitoring and controlling the usage of an organisation’s financial resources. These controls are known as the core part of the resource management of an organisation.

Financial Management lets you manage the financial decisions and controls effectively. Financial controls involve cash flow maintenance, Resource management, Operational efficiency, profitability, and fraud prevention. Knowledge of the market is the best tool to make the right decision.

Ensures efficient utilization of funds

Effective Utilisation of funds is important for businesses to maximise the returns and minimise the cost of capital. It helps an organisation to grow and flourish in the long run if the funds are fully utilised. Effective utilisation of funds consists of various parameters, including working capital management, cash flow management, investment decisions, and utilisation of surplus.

The overall functions of financial management let you enable the efficient utilisation of funds. It includes financial reporting, fund procurement, fund utilisation, and financial control. Every penny is precious, and it should be taken seriously.

Ensures proper cash flow management

Cash flow management is important for every business to measure the cash position of the business. This includes inflow, outflow, and several other cash equivalents of the business for a particular accounting year. Cash flow is considered a vital tool of the company.

It includes short-term planning, providing the details about the overall expense, creating the excess cash, revealing the cash planning results, and long-term planning. Financial management helps to manage the cash flow effects of the business. With financial management, one can know the optimum level of cash balance and analyse the working capital.

Simpler prediction of upcoming market conditions

Financial forecasting is known as the financial plan, which estimates the projected expenses and the projected income of the business. A solid financial forecast or market conditions consist of macroeconomic conditions and factors specific to the organisation.

Businesses need to create effective financial forecasts or predictions. Financial Management helps to create effective business planning and financial forecasts to make better choices for the investments. To stay in the competition, predictions are vital.

Work on business statistics to detect the growth of business

Sometimes running a business can be a huge gratifying task, especially when working on business statistics. Financial management can help analyse the insights and let your work on the business statistics to detect the growth. Business statistics refer to the application of various statistical techniques and tools for decision-making. It involves the study of facts, dates, and figures.

In business statistics, the tools are used to get the relevant information from various areas such as production, marketing, finance, etc. With finance management, one can have the data available from all these respective departments, and hence the process can get easy to work on the statistics.

Stand strong against competitors

Well-planned financial management can also help businesses to stand strong against the competition. Generally, companies use various strategies, right from brand promotion or increasing production. But most businesses tend to underestimate the importance of financial management.

Effective financial management can help keep the additional funds secured for any new product launch or recover from any loss. Finance management involves the distribution of the funds at the right places and effectively managing them. Hence right financial management can save you from sudden losses and also re-establishing the business.

Conclusion

Financial management is a field to deal with financial decisions for businesses. It could be for the short-term or long-term goals of an organization.  It can ensure a higher return on invested capital without any financial risk.

People are participating in the stock market to attain their financial goals for the long-term and short-term financial goals. 3-4 years ago, investors used to deposit their funds in post office schemes, insurance policies, pension funds, and fixed deposits. These financial plans are sufficient to attain the pre-decided financial standards, but these grow with a less rate of returns that restrict investors to attain an extraordinary return.

The stock market is a destination for all those investors who want to reach a high level of growth in terms of wealth creation. We have a number of examples in India and the world, who started their investment in the stock market with a tiny amount, and now they are at their peak. Every small and big investor can invest through an online demat account that is a prime element of the stock market. 

A middle-income investor thinks about the minimum investment before buying any stock in the market. Here you will get to know certain concepts with regard to investment in the stock market.

Minimum required money to trade and invest in the stock market:

In simple words, the stock market does not bound any investor in terms of investment money. Anyone can invest with the tiniest to the largest amount available to him or her. The minimum investment amount in the stock market can be the minimum price of any security. Various securities are listed with a price less than Rs. 10 with major stock exchanges like BSE and NSE. You can start your journey in the stock market with below Rs. 10. 

If a newbie investor takes his/her steps in the stock market, then multiple things hinder them. The minimum investment amount is also a major issue that affects his/her decision. 

If you are wondering to open a trading account online, you just need to contact a stockbroker. A Demat account serves as a path between investors and the stock market.

Minimum amount to invest for newbie investors:

Just like experienced investors, newbies can also start their investment with a little amount. The stock market has no restrictions regarding it. They can buy the lowest priced stock even if it has a price of Rs. 5. It is a benefit for them to start with a small amount as they are not much familiar with market technicalities. To float their funds in the market, they also require a demat account like other investors. These investors can also start their investment through mutual funds schemes that offer an investment with just Rs 100 through SIP plans. To invest in these schemes, Demat account assists the investor to start investing with minimum funds. 

Ways to invest with a small investment in the stock market:

In the stock market, you have multiple options and ways through which you can invest. These ways can be direct stock market instruments and other market instruments. If you want to invest in a direct stock market then the following are the ways to invest:

• Stock market equities
• Government bonds and gilt-edge securities
• Short-term money market instruments like commercial papers, treasury bills, and other instruments.
• Derivative instruments

Among all these investment ways, you can start with any amount for stock equities and bonds, but short-term securities have large fund requirements that vary with the needs of government and corporations.

If you have a risk-aversing behavior, then asset management companies offer mutual funds to invest. You can participate in different schemes like equity mutual funds, open-ended and closed-ended mutual funds, bond mutual funds, and other schemes. If you invest through a single payment, then the minimum investment amount depends upon the value of NAV (net asset value) of one scheme and if you invest with SIP (Systematic Investment Plan), then various mutual funds offer an investment with just Rs. 100.

In nutshell, minimum fund requirement is not a constraint in a path of investment in the stock market. You can start from whatever you have in your pocket. If you have the knowledge to use an appropriate strategy, then you can reach the highest level of wealth.

“Brokerage Calculator” gives precise information of brokerage to an investor. The amount paid to the broker when undertaking a particular transaction is the brokerage. The comparisons of brokerage amounts are often vague. Here’s what you need to know!

How to save on Brokerage Commission?

Proper calculation is said to help investors save over 90%. The investor well understands savings in brokerage in terms of conventional packages and flat-free structures. “Brokerage Calculator” displays all information like transaction charges, service charge, total cost, stamp duty, and others. The breakeven point can be estimated accurately with it, and the actual profit can be projected.

An investor is often overwhelmed with a lot of unanswered questions. As an investor you can be probing to know the calculation of brokerage fee. Furthermore some investors would be curious to save on the brokerage expenses. Few of the clients may wonder if there is a threshold for brokerage fee, and if high fee can be eliminated. Some customers often question the range in terms of minimum and maximum brokerage fee.

It really would be worthwhile to get a clear picture!

What is it?

Brokerage calculator is a tool that investors can utilise to compute the brokerage for specific transactions related to trade. Apart the brokerage some of the other charges a client would know is the stamp duty, turnover charges, transaction charges, and others. It is user friendly and can be assumed to look like an online form that needs to be filled. Some of the tabs or segments that one can expect would be related to commodities, currency, equity options and equity futures.

What are the Choices in Brokerage Calculation?

These are the types you can expect:

¨ Equities Brokerage Calculator:

It is useful for intraday trading and associated cost evaluation both in NSE and BSE. The calculation would estimate costs for equity trade in intraday.

¨ Currency Brokerage Calculator:

Costs linked with currency trade NSE can be calculated with this segment. It can also show the breakeven point so that an investor can plan profits. Buying/Selling price, lots, lot size, and pricing plan are the information required.

¨ Commodity Brokerage Calculator:

This gives an idea of the cost and brokerage related to MCX commodity trading. An investor can also foresee the breakeven point.

MCX Commodity Trading

It is also good to know about the MCX Span Margin Calculator. (SPAN is expanded as Standard Portfolio Analysis of Risk). This is also an online tool that can estimate the all-inclusive span margin when trading on commodities. You can expect to know the mcx commodity free tips, exposure margin, understand the price movements, and extreme loss margin.

Estimating the SPAN margin online is simple and requires some information. The exchange, product type (Future or Option, Scrip to be traded, type of trade (put or call), expiry date, strike price, and size are the information to be filled into the fields and the SPAN margin is auto calculated. Thus, MCX Span Margin Calculator offers visualization to the client on his action plans.

Top Benefits from a Brokerage Calculator

1. Accurate results: An investor can get precise estimates when planning on profitability and reduction of brokerage charges. The results are not only accurate but also portrayed clearly so that the user understands.

2. No Hidden Information: The tool is user friendly, and transparent, and one is assured that there are no hidden – charges. The investor’s anxiety and fear of some hidden terms and conditions can be eliminated.

3. Smart Decision: It aids a customer to take smart and quick decisions related to profitable trading. The client can compare various costs with that of competitors for a clear picture.

4. Estimate the Tangible Savings: Every trader and investor can be confident to get maximum profits by actual figures of savings that will occur in various contexts.

5. Break Even Point: It is the point at which an investor makes no profit or gain; any further inputs could lead to profits. The brokerage calculator gives insights to the threshold one has to cross to generate profits.

To conclude, it is advisable to estimate the tangible savings and profits. Both Brokerage Calculator and MCX Span Margin Calculator are invaluable tools for an investor.

Two-wheelers have been gaining tremendous popularity in India. The reason is that they are the most convenient way to navigate heavy traffic and commute to work on time and without contracting the recent deadly virus. Besides that, getting a bike has become a necessity in this era of COVID-19. People would rather prefer to commute by two-wheeler than by public buses or metro. 

Understandably, these days not everyone can afford to buy a two-wheeler or scooter without redeeming emergency funds. But, what if there is to buy your dream scooter without touching your savings? Yes, you can get a scooter loan to manage your finances. Depending on your lender, you can get up to 100% of the scooter’s on-road price as a loan. Also, you can avail of the lowest two-wheeler loan interest rate based on factors, such as loan amount, income, credit score, etc. 

What to do before applying for a scooter loan?

You should not submit your application the moment you see an offer on the internet. You will need to assess your needs and fulfill your lender’s requirements to make the best use of a loan.  

• Meet the eligibility criteria 

While applying for a scooter loan,  you will need to visit your lender’s website to check the eligibility criteria. You will need to ensure to meet all the requirements of your lender to secure a loan. 

The eligibility requirements to apply for a scooter loan: 

• It is mandatory to be an Indian citizen as an applicant. 
• You must be at least 18 years old at the time of application and 65 years old during loan maturity. 
• You must be either a salaried employee or a self-employed professional to apply for a loan. 
• You must show a minimum net income or net profit based on your lender’s policy. 
• The minimum CIBIL score required to apply for a scooter loan is 750. 

Upon meet your eligibility requirements, it is crucial to assess your financial situation to understand if you can make timely EMI repayments. You should apply for a scooter loan only if you can afford to repay it within the stipulated EMIs. You can calculate your affordability through an online scooter loan EMI calculator. 

Two-wheeler EMI calculator 

A two-wheeler loan EMI calculator is an online financial tool that you can use to determine an affordable EMI based on your needs. The best part of using the calculator is that you can figure your EMI amount instantly. There are three components in the EMI calculator, which you will have to use to calculate your EMI amount. 

Here are the three main components that you will need to factor in to figure out your EMI: 

• The principal loan amount 
• Interest rate
• Repayment/loan tenure

Benefits of using a scooter loan EMI calculator 

• The biggest advantage of using an EMI calculator is that you can determine an EMI amount that works for you without constraining your monthly budget. 
• It enables you to choose a loan tenure based on your affordability. Keep in mind that choosing a higher loan tenure will fetch higher interest in the long run. 
• Based on your loan amount and other factors, you can get the lowest two-wheeler loan interest rate. 
• The best thing about a scooter loan EMI calculator is that it enables you to compare different costs and figure out a plan that works for you. 

How does a scooter loan EMI calculator work?

While applying for a loan, it is imperative to find out how much you will have to pay in EMIs. This way, you know if you can afford the EMI amount based on your monthly budget. If not, you can always make changes in the values of the loan amount, interest rate, and loan tenure to determine a suitable figure.

To get an EMI, you will need to enter the loan amount you can avail of along with the interest rate and repayment tenure on the EMI calculator. If you are not satisfied with the EMI result, you will need to change the value of the loan amount, interest rates, and loan tenure. You may have to bring changes to their values multiple times. It is recommended to spend some time on an EMI calculator to calculate a monthly figure that best suits your needs. 

How to calculator your two-wheeler loan EMI?

• You will need to visit the web portal of your lender.
• Click on the scooter loan EMI calculator.
• Enter the loan amount, interest rate, and loan tenure. 
• The online calculator will produce a result instantly. 

In short

Applying for a scooter loan is easy and hassle-free. You can fill in your application, upload your documents, and submit your application from the comfort of your home.  However, you must use an EMI calculator to determine an EMI amount you can afford to pay every month.

 

A smart way to grow your money is to invest your money. Investment can be done in various instruments including equity shares, Mutual Funds,Public Provident Fund, gold ETF, Fixed Deposit and more. Before investing, you need to check the return on the investment, risk and liquidity of the asset. 

Fixed Deposit is a very lucrative investment option as it gives out interest rates regularly and has easy liquidity.

For stable returns over time, investors should look for investing in Fixed Deposits.

A bank Fixed Deposit is considered a safe investment option with the least amount of risk and highest form of liquidity.

A fixed deposit is an investment to grow your savings and earn a higher rate of return than a regular savings account. It is offered by banks and NBFCs (Non Banking Financial Companies). A fixed deposit has the lowest risk in the portfolio of investment. Money is invested in a fixed deposit with a lock in period and interest is given either at the end of the maturity date or as a regular payout.

Parking your investment in the correct Fixed Deposit in 2021 will ensure high fixed deposit returns on maturity and also a choice of regular interest payouts throughout the chosen tenure. 

To ensure high returns you must look for a FD scheme with a high interest rate payouts

You can calculate Fixed Deposit interest rates on Fixed Deposit interest rates calculators

For a lucrative return of Fixed Deposit Investment, banks with higher interest rates are a must. Bajaj Finance offers a money making return with an interest within the range of 5.65% to 6.50%. In 2021. Other banks including Bank of Baroda offers an interest rate of 2.80% to 5.25%, Citibank offers an interest rate of 2.40% to 3.50%, Kotak Bank offers an interest rate of 2.5% to 5.3%, IDFC Bank offers an interest rate of 2.75% to 6% and Indian Bank offers an interest rate of 2.90% to 5.25%.

Bajaj Finance also has lucrative interest rates for the senior citizens. It offers senior citizens the best FD Schemes ranging from 5.65% to 6.5% compared to other banks. Bank of Baroda offers an interest rate of 3.30% to 5.75% for senior citizens while Citibank offers an interest rate between 2.90% to 4.00% for senior citizens. IDFC bank offers the same interest rate of 2.755 to 6.50% to those above and below the age of 60. Kotak Bank offers an interest rate of 3.00% to 5.80% for senior citizens.Indian bank offers an interest rate of 3.40% to 5.75% for the senior citizens

For long tenures, Bajaj Finance stands out with a 6.75% interest rate while IDFC Bank offers 6.5% interest rate in the long run. While Kotak Bank offers an interest rate of 5.80% in the long run, Bank of Baroda and Indian Bank both offer an interest rate of 5.75% in the long run. Citibank in the long run offers an interest rate of 4.00%.

Bajaj Finance offers lucrative opportunities for investment in Fixed Deposit and Bajaj Finance Fixed Deposit is a proven solution for falling FD rates. Apart from offering high returns, Bajaj Finance Fixed Deposit offers a flexible tenor, lets you choose your interest payment mode, avail tax benefits and easy access to loan and lets you enjoy high credibility and stability. Customers also get an extra interest of 0.25% on renewing the Fixed Deposit. Senior citizens also get an extra interest of  0.25%  as an additional benefit. Along with the lucrative interest rate and convenient investment procedures, Bajaj Finance is also considered to be one of the safest investment options. It helps to grow your savings easily. When you make a smart investment in Bajaj Finance Fixed Deposit, you watch your savings grow.

Introduction to IEPFA:

The Government of India has started a program to create awareness and guidance among the investors with the help of the Ministry of Corporate Affairs. The objective of this authority is to create awareness among the investors to protect their interests. The investors in India are now taking part in the investment activities that raise the need for proper awareness and the protection from frauds and misleading guidance on investment. This fund authority does not provide any investment advice. It provides the guidelines for the interests of the investors only to protect them from frauds in the trading.

 

What is Demat Account ?

A Demat Account is a digital form of account that holds the securities for trade. It provides the facility to keep the securities online and in electronic form. There are various benefits of these accounts. The following are some benefits of Demat Account:

• It does not require the paper format of securities for trading.
• It protects the investors from physical theft, wear, and tear of the paper securities.
• It saves a lot of time by fastest transfer of ownership between beneficiary owners.

In India, CDSL and NSDL are two free Demat Account service providers. The CDSL is a depository of BSE Ltd and the NSDL is a depository of NSE Ltd. Apart from depositories, there are some other contributors such as depository participants and beneficial owners. Different private brokers such as Angel Broking, Groww, and Zerodha, provide services for the Demat account opening. These brokers and depository participants charge brokerage fees and other charges for trading. These charges may vary from one service provider to another.

Guidelines on Demat Account of IEPFA:

In 2017, the Ministry of Corporate Affairs has notified with a general circular on 24th April 2017 that the companies registered under the Companies Act, 2013 are required to transfer the unpaid dividend accounts of the last 7 years to the IEPF suspense account.

• As per the notification by the circular, the IEPF has decided to open an account with NSDL (National Securities Depository Limited) to facilitate the transfer of the Demat Account of authority.
• Every company under the Companies Act, 2013 is required to transfer the shares (either in Demat form or physical form) to the special account opened with NSDL by the IEPF Authority. The companies are also required to prescribe information about the shares.
• To open a Demat account and maintenance, the NSDL charges the specific charges for the record maintenance. The transaction fee per record is Rs. 10. The annual maintenance charges are Rs. 11 per record.
• These accounts are in the pure electronic form, which facilitates the investors and the companies from physical loss on the shares.

Conclusion:

The Demat account opening by Investor Education and Protection Fund Authority is beneficial for the investors as well as the companies. Before this account service, the companies needed to maintain the records physically. The physical record maintenance has created different issues in front of the companies and the brokers. The T+2 day’s settlement of shares would not be possible sometimes. The transfer of securities from one party to another was a tedious process. The most important issue with the physical share transfer is the theft and misplacement. 

With these Demat trading meaning services, the companies are now facing negligible issues related to the share transfer. The step taken by IEPF provided great help for the companies and the share brokers along with the investors. Now the investors can open a Demat Account in just a few minutes without any initial fees. Trading with electronic accounts is also very cheap and less costly. 

Loan against Property is a secured loan that allows you to use your property’s equity as collateral for the loan. In this type of loan, the borrower offers the title to their immovable property as collateral for the loan and then uses it for whatever purpose they want. This could be used by anyone who has an existing or inherited house that he/she wishes to use for personal reasons or any other reason. The person can procure a loan from Banks, NBFCs, MFIs etc. after pledging their property and hypothecating its title to the lender.

The amount one can borrow depends on the current worth of your pledged property and how much lenders are willing to lend against it based on various factors like age, income, credit history, value of property, etc.

Some lenders certainly offer better rates than others; some might have lower eligibility criteria and so on. We try to collate such information to help you choose the best lending institution that meets your requirements.

What are the features of Loan Against Property?

First, the LAP is a secured loan. This means that you put up your property for collateral and use its value as security for the loan. In the event of non-repayment by the ‘assessee’ (borrower), your lender can seize and sell it to recover his dues.

Second, this type of loan does not offer any tax benefits under Income Tax Act but some lenders may offer full or partial tax benefits under Section 80C of IT Act.

Third, since loan against property is a secured loan, its eligibility conditions are relaxed and the interest rates are lower than unsecured loans, such as personal loans.

Fourth, you only get a percentage of the property’s value as a loan, also known as LTV. Usually, it varies from 50 to 80%, and it depends on your eligibility. You can use a loan against property calculator to understand your eligibility.

It is the most effective way to raise money quickly if you own a property with enough equity and need funds urgently.

How does Loan Against Property work?

You can avail a loan against your property by pledging it as collateral to a reputed financial institution or bank. The lender evaluates the property and your borrower’s profile to give you a loan offer based on their LTV policies. The rate of interest on the amount will be decided after negotiations between you and the bank, depending upon your eligibility and repayment capacity. You can usually avail a LAP for 15 years. LAP can be paid in easy monthly instalments, decided theaccording to the tenure you choose. The best part is that the interest rates are usually low or lower than those offered on personal loans.

What is the eligibility criteria to get a loan against property?

Each lender has different eligibility requirements but here are the common ones:

1. You must own a property (residential or commercial), which should be free from all encumbrances.
2. This section covers those people who have a good credit history, so banks require you to submit your credit score with your loan application form. A score of 680 and above is considered desirable by most lenders in this country .
3. Your monthly income should be sufficient enough to support the repayment of the loan amount, plus interest for the duration of repayment tenure chosen by you.

What are the documents required to avail loan against property?

Here is a list of documents requested with the application for a LAP:

1. Identity proof such as Voter ID, Aadhaar Card, passport or PAN card
2. Residence proof such as a recent utility bill (electricity or telephone bill) and your latest bank statement
3. Employment Proof – currently 2 months salary slips with the most recent bank statements from all linked accounts
4. Ownership document of the proposed security property which should match your name on the Address proof, i.e., Property Deed/Rent Agreement.

What properties can be covered under LAP? What is the genuine requirement for pledging property?

The types of properties that can be covered under loan against property include residential and commercial properties like apartments, real estate, commercial property, etc. The requirement for pledging property is that the property should be genuine and owned by you. LAP cannot be taken against properties jointly owned with someone else or a third party and the property should be free from all legal encumbrances.

Conclusion:

It is important to ensure that Loan Against property is taken from a trusted lender, such as Muthoot FinCorp, that offer flexible repayments, attractive interest rates and a high LTV ratio.

The card swiping machine is the small machine that is placed at the front desk of most hotels, restaurants, and other businesses that accept credit cards. It lets you load your credit card number into the machine, and the machine writes down your unique identifier number (UID) on a paper slip. If you lose your card, you can get a new one by going to any authorized provider 

Benefits of swipe card machine

There are a lot of benefits of a swipe card machine. It removes the need of carrying multiple cards. Swipe machines are easy to use and replace if lost or damaged. Also, the transactions are secure as the information is encrypted, which further enhances the security. Swipe card machine is reliable since it works continuously even if there are no customers present at the moment. It can process multiple kinds of cards quickly and accurately without any hiccups or delays. 

The swipe card machine is the fastest way to buy retail stuff with a credit card. You can load your card with money at any retailer and take it out again at any other retailer. When it’s time to buy something, you simply swipe your card and the cash is converted into the credit on your card account almost instantly.

Factors to consider before you choose swipe card machine for your business

Factors such as security, documentation and connectivity will help you make the right decision about which card machine is right for you. While it may be tempting to go with the most-expensive card reader on the market, it’s often not worth the price premium over other readers that provide the same features and benefits. The range of wireless swipe card readers should also be considered.

India is perhaps the biggest purchaser of gold on the planet. According to the World Gold Council (WGC), the yearly gold interest in India from 1987 until 2016 has expanded by 804%. Also, the pattern doesn’t appear to pass on at any point in the near future. The valuable metal other than being utilized for mechanical, business and speculation purposes can likewise be utilized to get a credit at the hour of a monetary crisis. Indeed, the gold loan is one of the simplest and quickest approaches to get to reserves when it makes a difference the most.

Regardless of whether you have a low FICO assessment yet adequate measures of inactive gold in your storage, the gold loan can be the money related answer for you. With the developing notoriety of gold loan each year, know what gold loan is as well as how it functions, gold loan costs, gold loan interest rate and other related subtleties.

What is a gold loan?

The gold loan, likewise alluded as a loan against gold, is a gotten loan that a borrower takes from a loan specialist in lieu of gold decorations like gold adornments. The credit sum authorized to you by moneylenders is by and large a specific level of the gold’s worth. You can reimburse it through regularly scheduled payment after which you get your gold articles back. Dissimilar to other got credits, for example, a home loan or vehicle loan, there are no limitations on the end utilization of gold loans. So regardless of whether you need to subsidize a wedding, family get-away or your youngster’s schooling, it is an extraordinary method to meet your abrupt cash prerequisite. In addition, a ton of private and nationalized banks alongside NBFCs offer gold loan at reasonable loan fees.

How does gold loan functions?

The whole course of gold loan is very like other got loans. In this, you take your gold articles to a bank alongside the necessary arrangement of reports. The moneylender assesses the gold articles and checks the submitted archives. According to the assessments, the moneylender endorses the loan sum. According to the loan arrangement, you take care of the principal amount alongside the interest sum and get the promised gold articles back.

In the occasion that you have been dreaming for a particularly stretched out an ideal opportunity to have horses as a redirection, and since you’re obtaining more by doing CFD trading, this content was expressly creating for you. Contributing on new horse divider is way easier of late, because of the occasion and affirmation of web business. In case a very long time earlier you need to scout different stores and specialty stores just to ask express horse fencing, by and by with just couple of snaps you will discover which store gives you the easiest offer.More

When you need a small business loan, whether it is to fund the next phase of growth or to keep your business stable during an unexpected crisis, all you have to do is to consider whether you need to provide collateral. The lender is late in payment and unable to repay for any reason. If your company has few collateral assets, then finding an unsecured business loan maybe your top priority.

Steps to follow while applying for small business loans no collateral

Fortunately, commercial loans can be found that do not require collateral as a condition of approval. Before applying for any of these loans, it is important to do some research to understand what will happen.

To apply for small business loans no collateral, applicants can view and compare different loan options that suit business needs. Please follow the steps below to apply for a collateral-free commercial loan for your business.

Step 1: Fill in all required fields, such as required loan amount, employment status, total annual sales or quarterly sales, residence proof, business address, years of operation, collateral type, and mobile phone number.

Step 2: Check the box to agree to the terms and conditions. Some banks provide special deals or the best deals on the loan. If your lender provides, then check on the given box.

Step 4: After you provide all the information, a bank representative will contact you to continue the loan process.

Step 5: After the loan application is approved, the approved loan amount will be transferred to your designated bank account within a few working days.

Various public and private banks, NBFCs, small financial banks (SFB), regional rural banks (CRR), and microfinance institutions (MFI) provide MSME / SME loan interest rates based on several factors, such as loan amount, term, the type and duration of company ownership, as well as the applicant’s data, financial history, solvency, etc.

Must Read: Mistakes That First-Time Small Business Loan Recipients Make

Final Thoughts

The commercial loan application process for secured and unsecured loans is very tight. The lender must check all grounds before he provides credit to the company. The borrower can repay the loan in parts or in full.

However, when providing collateral, the lender must inspect the asset to determine its value. This can be time-consuming and difficult. Financial lenders give small business loans no collateral upon verification and documentation.

Not all business owners own assets, so they choose unsecured commercial loans. This makes it easy for business owners to obtain unsecured funds. Or, the lender will consider market opportunities and business plans when evaluating the business. This is a secured commercial loan transaction in which the lender grants the loan after the valuation of the asset provided as collateral.

Start-up companies without collateral can obtain unsecured loans. Financial institutions or lenders may not require collateral to approve unsecured commercial loans. The documentation for this situation is thorough and strict. However, if the borrower is unable to repay the loan, the lender has the right to recover its assets.

When you need a small business loan, whether it is to fund the next phase of growth or to keep your business stable during an unexpected crisis, all you have to do is to consider whether you need to provide collateral. The lender is late in payment and unable to repay for any reason. If your company has few collateral assets, then finding an unsecured business loan maybe your top priority.

Steps to follow while applying for small business loans no collateral

Fortunately, commercial loans can be found that do not require collateral as a condition of approval. Before applying for any of these loans, it is important to do some research to understand what will happen.

To apply for small business loans no collateral, applicants can view and compare different loan options that suit business needs. Please follow the steps below to apply for a collateral-free commercial loan for your business.

Step 1: Fill in all required fields, such as required loan amount, employment status, total annual sales or quarterly sales, residence proof, business address, years of operation, collateral type, and mobile phone number.

Step 2: Check the box to agree to the terms and conditions. Some banks provide special deals or the best deals on the loan. If your lender provides, then check on the given box.

Step 4: After you provide all the information, a bank representative will contact you to continue the loan process.

Step 5: After the loan application is approved, the approved loan amount will be transferred to your designated bank account within a few working days.

Various public and private banks, NBFCs, small financial banks (SFB), regional rural banks (CRR), and microfinance institutions (MFI) provide MSME / SME loan interest rates based on several factors, such as loan amount, term, the type and duration of company ownership, as well as the applicant’s data, financial history, solvency, etc.

Must Read: Mistakes That First-Time Small Business Loan Recipients Make

Final Thoughts

The commercial loan application process for secured and unsecured loans is very tight. The lender must check all grounds before he provides credit to the company. The borrower can repay the loan in parts or in full.

However, when providing collateral, the lender must inspect the asset to determine its value. This can be time-consuming and difficult. Financial lenders give small business loans no collateral upon verification and documentation.

Not all business owners own assets, so they choose unsecured commercial loans. This makes it easy for business owners to obtain unsecured funds. Or, the lender will consider market opportunities and business plans when evaluating the business. This is a secured commercial loan transaction in which the lender grants the loan after the valuation of the asset provided as collateral.

Start-up companies without collateral can obtain unsecured loans. Financial institutions or lenders may not require collateral to approve unsecured commercial loans. The documentation for this situation is thorough and strict. However, if the borrower is unable to repay the loan, the lender has the right to recover its assets.

The Internet has helped and tested the least difficult of selling experts round the globe. Various they enjoy taken benefit of the promoting advantages of the web, while some have made some intense memories managing the quick and flighty changes.

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Introduction

The stock market is an ocean full of opportunities. Traders and Investors make hefty money by riding as per the wave. Continuing with the analogy of  “A rising tide lifts all boats”, one should know when the tide is high and when it might go low exposing our weak investments. It means when the market is going up all the stock prices rise along with the market. The price of the stocks goes up, because of the market cycle and investors’ psychology, of jumping on the trend.   

However, the tide does not always rise. Accordingly, you have to manage and hedge the risk associated with the downside of the market. Many factors drive the stock market. Along with the factors, there are many different parties involved in the Indian stock market. We will discuss all these points, but first, let us understand the requirements of investing in the stock market. 

 

 

Accounts Required 

To begin investing in the Indian stock markets you will require these three accounts: Demat, Trading, and a Bank Account. 

Demat Account

Demat account is used to store financial instruments in electronic format. Moreover, you can store all sorts of financial instruments such as equity shares, bonds, government securities, currencies, and more in a single demat account. 

Trading Account

Opening a trading account helps you in buying and selling securities. It makes the procedure of buying and selling easy in the stock market. Adding to the point, this platform shows the real-time price movement of shares and other financial instruments. Thus, it makes day-trading easy for traders. 

Bank Account

To transfer funds into a trading account, you need to have a bank account. It is next to impossible for an individual above the age of 18 to open a trading and demat account, without having a bank account. However, a minor demat account can be opened even if he/she does not have a bank account.  

To ensure smooth transactions, you should link all three accounts together. 

Documents Required 

To open a demat and trading account you will be required to keep following documents handy: 

• Address Proof: these documents can be used as proof of address: Ration card, Aadhaar Card, Electricity bill (in the name of the account holder), and gas bill. 
• Identity Proof: Documents that can be used as proof of identity are: PAN card, Aadhaar Card, Driving Licence, and Voter’s Id card. 
• Income Proof: Salary slips and ITR can be used as income proof. You should know that proof of income is required only in the case of derivatives trading. 
• Lastly, a canceled cheque or a bank statement can be used as valid proof for a bank account. 

To open these accounts, you do not have to go anywhere. You simply have to contact a broker, and the process will be completed online. This answers the most frequently asked question, which is, “how to start online trading?”

Participants of the Indian stock market

• Banks 
• Depositories 
• Brokers
• Custodians 
• Stock Exchanges 
• Primary Dealers 
• Regulators

There are more participants in Indian financial system, but these are the major participants and have major involvement in the stock market. 

There are many other factors such as investor sentiments, political environment, current events, and more, that affect the stock market but to understand the basics of the stock market, you need to understand the basics of demand and supply. Keeping other factors aside, the major factor that drives stock market or stock price is demand and supply. 

Let us understand this with the help of an example. Suppose, there is a shortage of onions in the market due to the rainy season. However, the demand for the commodity is intact, it may increase as well. Thus, the prices of that commodity will shoot up due to high demand and low supply. Similarly, when a company is doing good, everyone lines up to buy shares of that company, and the share price goes up. On the other hand, when the demand falls, share price also falls. 

Therefore, always do your due diligence and invest in companies that will never run out of demand. Hope you have a successful investment journey! 

Getting a four wheeler insurance policy proves to be highly beneficial. It proves to be even more advantageous when the plan is bought online. Online insurance has many merits. Take a look at this article to know what exactly these merits are and why you should consider buying four wheeler insurance online.

1. Cheaper –

The first and the most significant benefit that you get when you buy a four wheeler insurance plan online is that it costs you less money. This is because the online car insurance plans are lower priced than similar offline car insurance covers. Since you buy the plan directly from the insurance provider, you don’t pay brokerage to any insurance agent and this reduces the costs. Then, the processing fees and the administrative fees are also lower and so the premium of the online car plan comes down.

2. Easy to compare –

It is very easy to compare four wheeler insurance online. You can use an online tool to do so and get your results in a few seconds. You can then compare the results and easily and conveniently find the car insurance plan that is best suited for your requirements. If you try comparing offline, you will have to physically get the policy documents and read each and every word, which will prove to be a very long and tedious process. Also, comparing helps you to make an unbiased choice and choose the plan that would be of greatest help to you.

3. Flexible –

There are many flexible options available when you buy a four wheeler insurance plan online. You can choose the tenure you want – go for a regular one-year policy or go for a long term cover of two or three years. You can also choose between a third party liability cover and a comprehensive cover. Overall, buying car insurance online is very flexible and this proves to be hugely beneficial.

4. Riders available –

When you buy car insurance online, you also get the option to choose your riders. There are many car insurance riders available. The most common ones include the engine cover rider, the zero depreciation rider, the personal accident protection rider, etc. Choose the riders you need and make the four-wheeler policy more effective for yourself.

5. Easy online access –

Modern-day car insurance providers have an online presence. Every leading motor insurance company in India has a very impressive website as well as a mobile application. You can do everything related to car insurance from these online platforms. You can buy the plan, you can renew the plan, you can pay the premium, you can add riders and you can even initiate a claim from the online channels. This makes it extremely convenient and advantageous for you. 

As you can clearly see from the points mentioned above, four wheeler insurance online indeed proves to be very handy. So if you are in the process of buying a car or bike insurance policy, explore the online plans. Compare and locate your ideal cover and keep your vehicle, as well as yourself, protected. 

The essence of knowing ” What is Forex Trading?” lie in every trader’s ability to utilize a suitable strategy to obtain a better profit. Thus, it is very necessary for us to know not just one, two or three of these strategies but most if not all of them. You may think that the previously stated thought may pressure you to dig into your trading reading materials and memorize every concept that you see. But hey! take a deep breath and relax. What we are trying to do here is not to immediately convert you into an expert forex trading strategist. We acknowledge the fact that learning is best when it is given in frequent small bites. With this teaching technique we guarantee that you are able to have a time to apply your newly learned strategy before finally moving into another set of new strategies to learn. So to start with, we shall begin with the most basic strategies that are applicable for newbies.

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Have you ever thought of what type of trading platform that you want to use? Are there specific qualifications on your mind? A trading platform like MetaTrader 4 (MT4) is a software that allows traders to buy and sell currencies or other financial instruments. There are different platforms to choose from. Each of these platforms is either offered for free by brokers or requires a minimum amount of trading activity every month.

It’s safe to say that these online trading platforms are beneficial in so many ways. One, it’s quick and easy to use. Two, it provides educational opportunities for new traders and investors. Here are the top 4 benefits of using a trading platform.

Access Market Signals From Professional Traders

Professional traders have drawn a line among other traders by giving out market signals. These market signals are very helpful in determining the right trading decisions. By following the actions of the professional trader, you will determine the right entry and exit points and use the right tools that are used by the professional trader. The trading platform lets you do this, the reason why many traders are choosing to use it instead of trading all by themselves.

Access to Demo Accounts

Another advantage of trading platforms is the trader’s access to demo accounts. It is a risk-free environment that allows you to trade without thinking of losing your trading funds. More importantly, if you want to test the capability of the trading platform, it is much better to use the demo account first because it provides a better understanding of how the entire process works. Things like opening a position or closing them, are just some of the things that the demo accounts can teach the trader. In the market, you cannot afford to hesitate because, in split seconds, you can lose a lot.

Access to Analytical Materials and Tutorials

Successful traders know the importance of knowledge in trading. For budding traders, any form of tutorials or trading forums will do you so many good things. With the use of a trading platform, you can access the wide range of tutorials available to traders for free. There are constant updates to these tutorials to cope with the changes in the Forex market. Analytical materials, on the other hand, are quite helpful in giving you insights about the market for you to be able to make the right trading decisions.

Following Top Traders

You can get exceptional ideas if you follow top traders. This will also help you increase your chances of obtaining success in the Forex market. These top traders are more knowledgeable and have vast experience. They are mostly the ones who have known the market better than you do. Through online trading platforms like MetaTrader, you can find these exceptional traders and you can even copy their trading style and moves. This part is beneficial to new traders as this will save you from having too many losses as you get to know more about trading in the Forex market.

It is wise to save for the rainy day because the wheels of fortune can change. When life is bright and one can afford, it is prudent to save a part of the present earnings for the future. It helps tide over unforeseen events that can wreak havoc or meet planned events that can herald joy. Once the decision to save is made, the dilemma is how to save. Bajaj Finance provides the answer through their best Systematic Deposit Plan.

Are You Safe If You Save?

It is not enough to just save. The saving has to be safe and equally important, has to grow. Therefore, it is important how you save and where you save, or else all you have planned for will come to nought. 

Bajaj Finance has the best Systematic Deposit Plan that combines both safety and growth. Safety emerges from the impeccable credentials Bajaj Finance commands. Growth stems from the attractive interest rate they offer when compared to FD interest rates today.

Mitigating the risks that lurk

There are seemingly enticing opportunities in the market, but one has to be mindful of the risks hidden behind inconspicuous fine prints, which read “returns are subject to market risks” or “past performance is not indicative of future returns”. Vagaries of the economy or the market can wipe out savings of a lifetime or render them woefully inadequate to meet your goals.

Market risks apart, the hapless investor has to be vigilant against wolves masquerading in sheep’s clothing. Fly by night operators are on the prowl to deceive investors of hard-earned money. Bank failures are not unique to India; even advanced western countries have not been immune to the disaster. Pedigree and credentials of the deposit-taker are, therefore, of paramount importance.

Bajaj Finance offers the best Systematic Deposit Plan that mitigates these risks because of their impeccable credentials.  

Impeccable Credentials

Belonging to the Bajaj stable founded by Jamanlal Bajaj in 1926, Bajaj Finance manages assets in excess of Rs. 1,47,153 crores (AUM) and enjoys the confidence of over 4,26,00,000 customers as per their Annual Report for ’20 – ‘21. Resultant economies of scale help the Company to extend the best FD interest rates today.

Deposit schemes of the company have been conferred MAAA (Stable) rating by ICRA and FAAA/ Stable rating by CRISIL. Hallmarked with the highest ratings by premier global rating agencies, Bajaj Finance offers the best Systematic Deposit Plan with the best FD interest rates today.

Best of Rate and Convenience

Bajaj Finance offers interest of 6.50% p.a. on deposits for periods from 36 to 60 months with 6.60% p.a. for online investment. Senior citizens earn 6.75% p.a. for the same period, whether invested online or otherwise. The interest rate offered by leading commercial banks for the identical period is only 5.30%. Thus, Bajaj Finance offers the best FD interest rates today, which is assured all through the tenure, insulated from vagaries of the market. This helps to plan for the future with certainty.

For those who cannot afford a lump sum deposit in a fixed deposit, the Systematic Deposit Plan helps build wealth through a monthly deposit of amounts starting from Rs. 5,000, the same way little drops make the ocean.

Of the two options available, under the Monthly Maturity Scheme, the period of each deposit remains the same and therefore, their maturity dates will be different. Under the Single Maturity Scheme, the period of each deposit becomes shorter so that they all mature on a single date. Deposits shall fetch the interest rate prevailing on the date of deposit for the applicable period. With provision for premature withdrawal and loan facility, Bajaj Finance has ensured that the best Systematic Deposit Plan does not lag in convenience.

The Bottom Line

Bajaj Finance offers the best Systematic Deposit Plan with the highest credit rating and the best FD interest rates today. Its user-friendly features make the best Systematic Deposit Plan simple and accessible to all, even to those who are not tech-savvy.

You mandatorily require two accounts to invest in the stock market. One is the Demat account, and another is the trading account. Both accounts are necessary to make investments in stocks and other stock-related investments. 

 

Joint Trading Account 

Stockbrokers do not allow investors to open a joint trading account to avoid any confusion regarding taxation due to more than one account holder. Even a joint demat account has to be linked to a single holder trading account only. You can open a free online trading account with your demat account. 

Joint Demat Account

Generally, a single-holder demat account is quite popular among investors. But if an investor is looking to open a demat account jointly, he/she can open it with a SEBI registered stockbroker. 

A joint demat account allows more than one individual to access the same account. There can be a maximum of three account holders. But, only the primary holder will be entertained for all communication regarding the demat account. 

However, the joint account facility is limited to a few brokers only. Most of investors prefer to open individual brokerage accounts. It does not create any havoc and keep transactions specific to an individual. 

It is about the joint account. Let us discuss how an online trading account and demat works that differentiate the two. 

What is the difference between demat and trading accounts?

Here are some basic differences between demat and trading accounts.

• A demat account is like a savings account for your financial securities as it is debited when you make a trade for sale and credited with a buy of securities. On the other hand, a trading account is a trading platform of financial securities that connects all buyers and sellers at multiple stock exchanges. 
• A demat account is used to hold a variety of financial securities in the dematerialized form. It is used to dematerialize the physical shares in the digital format. On the other hand, a trading account is a link between your demat account and bank account. 
• Every type of investor can use demat accounts. In contrast, a trading account is a primary account of intraday traders. 
• If a trader wants to trade stocks, both the demat account and the trading account are required. And if he/she wants to trade futures & options, only a trading account can work. 
• You can track your performance in stock trading using both accounts. A demat account figures out your total wealth in the stock market and tells you where you stand wealth-wise at a point in time, whereas with a trading account, you will find out what kind of transactions you have made until now. 

Both accounts are different from each other but necessary to make the investing and trading process easier with a lot of services. 

Important Points To Follow

Following are some important points one should consider while investing in the stock market.

• Determine Investments Goals 

An investor with clear and well-defined financial goals can plan their investment effectively. They can create a mix of best-supported financial assets to achieve their investment goals. This mix of financial investments will be helpful to meet their financial goals and protect them against the effects of volatility of the stock market.

• Determine Risk Profile 

Financial markets are full of investment avenues. The stock market also provides a variety of investment options with different levels of risk. Self-assessment is necessary to check your risk appetite. It will help you to pick the right kind of stocks.

• Trust Your Extensive research 

The stock market has huge potential to provide you with profits only if you can make informed decisions. To make an informed decision, you have to go through extensive research about the companies you want to invest in.

• Have patience

Keep your emotions at bay when you invest. If you find ups and downs on the route of long-term investments, do not get distracted with them and have patience. 

This way, you can have a number of opportunities in the stock markets.