Latest posts by Ketan
Why we buy insurance products?
The first financial product that I bought (around two decades back) was an Aviva ULIP policy. The amount of time I spent in choosing the policy was 10 minutes (to get rid of that agent). The premium amount I was convinced to choose was exhausting my Sec 80 limit (1.2 lakhs per annum) for income tax...
Posted on 13 November 2014 | 7:06 pm
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Cardless Cash Withdrawl
Many banks (recently ICICI) have started providing facility to do "card-less cash withdrawal" from ATMs. The idea is similar to fund transfer, except that instead of recipient's account number, you provide his/her mobile number. The bank will generate unique sender code and SMS the receiver code to...
Posted on 30 October 2014 | 3:23 pm
Read postReal Estate - A bad investment
Yesterday I met an old friend after a long time (lets call him 'S'). Some four years ago he purchased a flat in Bangalore Sarjapur area for around 70 lakhs. He mentioned that the price of his flat is touching 90-95 lakh now and he was happy with his investment making awesome returns. I was not sure,...
Posted on 28 October 2014 | 2:34 pm
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