3rd has Highest Return 🚀 ✅ Interest rate is subject to periodic change as per Ministry of Finance announcements. ✅ Interest is compounded annually but paid out only at maturity without any TDS deduction. 1️⃣ How to Invest in NSC Online? 👇 👉🏻 Login to DOP internet banking Under the “General Services” section, click on “Service Requests” and 👉🏻 Choose “New Requests” 👉🏻 Select “NSC Account – Open an NSC Account” 👉🏻 Enter the minimum deposit amount for NSC and choose your debit account linked to PO savings account 👉🏻 Next, click on “Click Here” to read the terms and conditions, accept them and then submit the application online 👉🏻 Enter the transaction password, click on “Submit” and view/download the deposit receipt 2️⃣ How to Open Public Provident Fund 👇 🏦 Offline: Go to a bank in which you have a savings account (SBI, ICICI, Axis, HDFC, BOI, etc.) or a Post office and fill out the form with the necessary documents. 📲 Online: Log in to your internet banking portal of your bank (SBI, ICICI, Axis, HDFC, BOI, etc). Find out “Open a PPF account” option and select “Minor Account” to open it on behalf of your children. Provide necessary details. And it will be done. You can even turn on “Auto payments”. 3️⃣ Sukanya Samriddhi Yojana 👇 👉🏻 Once the girl reaches 18 years of age, she can manage her account. 👉🏻 The contribution made towards Sukanya Samriddhi Yojana ranges from a minimum of Rs.250 to a maximum of Rs.1.5 lakh in a financial year. The contribution should be made in multiples of Rs.100. 👉🏻 You can transfer the Sukanya Samriddhi Yojana account from post-office to bank and vice versa anywhere within India. No charges are applicable for the transfer of the account. 👉🏻 One of the major advantages of SSY is that it offers a higher interest rate as compared to the other savings scheme. 👉🏻 ₹46 Lacs at age of 21 👉🏻 Can withdraw in between for marriage or eduction 📌 How to apply? 👉🏻 You can visit the bank you want to open an SSY account with or Post Office. Provide documents, fill out the form, and make payments.
Will you go for it? 👉🏻 Make sure you have opened your EPF a/c latest by Sept 2014 👉🏻 New Pension Calculator Formula: Average Salary of last 60 months × Number of years of service / 70 💵How to Apply? 👉🏻 Go to EPFO website and under important links click on ‘Pension for Higher Salary’ 👉🏻 Click on ‘Application for Join options’ 👉🏻 Enter your details like UAN, date of birth etc and validate through OTP on phone 🙌 Will update the latest details here in the caption as and when more information comes 🚀 Save this post for later ❤️ Follow @thehimanichaudhary for daily knowledge on managing your money yourself 💪🏼 #pension #epf #earnmoney #govtofindia #explorepage #reelsinstagram
Audio Corrupt ho gayi 🥲 👉🏻 Use this facility to deposit extra money and reduce outstanding balance 👉🏻 Which you can use in case of emergency 🏡 Home loan overdraft: An illustration 👉🏻 For instance, in January 2019, you took a home loan of INR 80 lakh for a tenure of 20 years at an interest rate of 8.6%. 👉🏻 As per the calculation, you will be paying a monthly EMI of INR 70,000. 👉🏻 Now, let us assume that you have a surplus of INR 4 lakh, and makes a partial payment after 24 regular EMIs to reduce total amount. 👉🏻 Pre-paying the extra funds will keep the EMIs unchanged in an ordinary home loan. The principal-interest ratio is unchanged. However, in a home loan overdraft, if you pay INR 4 lakh to the account linked to the home loan, the EMI will reduce to INR 66,000 from the next month, decreasing the tenure. 👉🏻 Here the interest is calculated on the outstanding principal amount. So the more money you put in your account, the more interest outgo your diminish. 🚀 Follow for Practical Personal Finance tips 💡 #homeloan #home #prepayment #reelsinstagram
YES! That’s Correct 👍 ✅ There are 2️⃣ types of Mutual Funds 👉🏻 Growth 👉🏻 Dividend (IDCW) ✅ IDCW can be of 3 types 1️⃣ Equity 2️⃣ Debt 3️⃣ Hybrid ✅ Whatever income is generated is given back to investors periodically ✅ When that happens NAV of the MF decreases temporarily ✅ It has the same risks as any other mutual fund 🙌 No Compounding obviously because you will receive that profit which usually gets reinvested in the Growth Mutual Fund ✅ Taxation as per income tax slab ⭐️ Returns Include – Capital appreciation & Dividends ⭐️ ❤️ Like & Share to make them aware 🙌 Let me know if you want to know good IDCW MFs for investing 👉🏻 Follow @thehimanichaudhary to learn investing with me from scratch #mutualfunds #mutualfund #idcw #dividends #passiveinvesting #passiveincome #stockmarketindia #explorepage #reelsindia #stockmarkets
Ab Trading pe bhi penalty? 👉🏻 Under the new margin norms, clearing corporations have been told to capture the segment-wise intra-day trading position of brokers and impose a penalty if there is a shortfall in the margin. 👉🏻 According to the recent SEBI analysis, the number of individual traders in the equity F&O segment jumped more than five times to 45.2 lakh in FY22 against 7.1 lakh in FY19. 😱 9 out of 10 individual traders in the equity F&O segment incurred net losses during both FY19 and FY22. 🥵 On average, net trading loss by investors was about ₹50,000 in FY22. 👉🏻 Brokers last year shifted the burden of upfront penalty on the traders but SEBI asked them to refund it as it wasn’t in line with the regulations 👉🏻 It also said that brokers can pass on other margins on clients with sufficient proof like: 🔸MTM cover call margin 🔸Delivery margin 👉🏻 Valid on Derivatives ❓ Will this help Traders incur less losses 🚀 Follow @thehimanichaudhary to get daily financial knowledge and updates so that you can manage your money yourself 💪🏼 #trading #optiontrading #options #penalty #indianstockmarket #reelsinstagram #explore
Someone asked me this week are you happy doing this work? And I said hell yes! Since last one year we have created: 🔸A community where we can talk about our basic financial struggles and overcome them. 🔸 Tons of excel sheets to make major financial decisions of our life and to make logical investment decisions 🔸 Financial freak chat where we can post our queries anonymously and get them answered by the community members and myself 🔸 Multiple Summary EBooks so that can you can read any book under a minute. 🔸 We talk about Savings, Govt Schemes, Investing Options, Discount hacks, Trading, Stocks and the list never ends…. ☂️ Everything under 1 umbrella because, why not? #weeklyrecap #finance #community
Someone asked me this week are you happy doing this work? And I said hell yes! Since last one year we have created: 🔸A community where we can talk about our basic financial struggles and overcome them. 🔸 Tons of excel sheets to make major financial decisions of our life and to make logical investment decisions 🔸 Financial freak chat where we can post our queries anonymously and get them answered by the community members and myself 🔸 Multiple Summary EBooks so that can you can read any book under a minute. 🔸 We talk about Savings, Govt Schemes, Investing Options, Discount hacks, Trading, Stocks and the list never ends…. ☂️ Everything under 1 umbrella because, why not? #weeklyrecap #finance #community
Someone asked me this week are you happy doing this work? And I said hell yes! Since last one year we have created: 🔸A community where we can talk about our basic financial struggles and overcome them. 🔸 Tons of excel sheets to make major financial decisions of our life and to make logical investment decisions 🔸 Financial freak chat where we can post our queries anonymously and get them answered by the community members and myself 🔸 Multiple Summary EBooks so that can you can read any book under a minute. 🔸 We talk about Savings, Govt Schemes, Investing Options, Discount hacks, Trading, Stocks and the list never ends…. ☂️ Everything under 1 umbrella because, why not? #weeklyrecap #finance #community
Someone asked me this week are you happy doing this work? And I said hell yes! Since last one year we have created: 🔸A community where we can talk about our basic financial struggles and overcome them. 🔸 Tons of excel sheets to make major financial decisions of our life and to make logical investment decisions 🔸 Financial freak chat where we can post our queries anonymously and get them answered by the community members and myself 🔸 Multiple Summary EBooks so that can you can read any book under a minute. 🔸 We talk about Savings, Govt Schemes, Investing Options, Discount hacks, Trading, Stocks and the list never ends…. ☂️ Everything under 1 umbrella because, why not? #weeklyrecap #finance #community
Someone asked me this week are you happy doing this work? And I said hell yes! Since last one year we have created: 🔸A community where we can talk about our basic financial struggles and overcome them. 🔸 Tons of excel sheets to make major financial decisions of our life and to make logical investment decisions 🔸 Financial freak chat where we can post our queries anonymously and get them answered by the community members and myself 🔸 Multiple Summary EBooks so that can you can read any book under a minute. 🔸 We talk about Savings, Govt Schemes, Investing Options, Discount hacks, Trading, Stocks and the list never ends…. ☂️ Everything under 1 umbrella because, why not? #weeklyrecap #finance #community
Someone asked me this week are you happy doing this work? And I said hell yes! Since last one year we have created: 🔸A community where we can talk about our basic financial struggles and overcome them. 🔸 Tons of excel sheets to make major financial decisions of our life and to make logical investment decisions 🔸 Financial freak chat where we can post our queries anonymously and get them answered by the community members and myself 🔸 Multiple Summary EBooks so that can you can read any book under a minute. 🔸 We talk about Savings, Govt Schemes, Investing Options, Discount hacks, Trading, Stocks and the list never ends…. ☂️ Everything under 1 umbrella because, why not? #weeklyrecap #finance #community
Someone asked me this week are you happy doing this work? And I said hell yes! Since last one year we have created: 🔸A community where we can talk about our basic financial struggles and overcome them. 🔸 Tons of excel sheets to make major financial decisions of our life and to make logical investment decisions 🔸 Financial freak chat where we can post our queries anonymously and get them answered by the community members and myself 🔸 Multiple Summary EBooks so that can you can read any book under a minute. 🔸 We talk about Savings, Govt Schemes, Investing Options, Discount hacks, Trading, Stocks and the list never ends…. ☂️ Everything under 1 umbrella because, why not? #weeklyrecap #finance #community
Someone asked me this week are you happy doing this work? And I said hell yes! Since last one year we have created: 🔸A community where we can talk about our basic financial struggles and overcome them. 🔸 Tons of excel sheets to make major financial decisions of our life and to make logical investment decisions 🔸 Financial freak chat where we can post our queries anonymously and get them answered by the community members and myself 🔸 Multiple Summary EBooks so that can you can read any book under a minute. 🔸 We talk about Savings, Govt Schemes, Investing Options, Discount hacks, Trading, Stocks and the list never ends…. ☂️ Everything under 1 umbrella because, why not? #weeklyrecap #finance #community
Someone asked me this week are you happy doing this work? And I said hell yes! Since last one year we have created: 🔸A community where we can talk about our basic financial struggles and overcome them. 🔸 Tons of excel sheets to make major financial decisions of our life and to make logical investment decisions 🔸 Financial freak chat where we can post our queries anonymously and get them answered by the community members and myself 🔸 Multiple Summary EBooks so that can you can read any book under a minute. 🔸 We talk about Savings, Govt Schemes, Investing Options, Discount hacks, Trading, Stocks and the list never ends…. ☂️ Everything under 1 umbrella because, why not? #weeklyrecap #finance #community
TCS or Infosys? 👉🏻 How do we assign weights to the various stocks that make up the Index? 👉🏻 Through Free Float Market Capitalization 1️⃣ Calculate the no. of stocks available for trading (excluding promoter share) 2️⃣ Multiply with the share price 3️⃣ Total free float market cap will be calculated 👉🏻 So this is the importance of Promoter Shareholding? 📌 Lesser the stake of promoters, more will be the shares available for trading #nifty50 #nifty #tcs #infosys #reelsinstagram
Special FDs with Extra Interest 🙌 ✅ SBI AMRIT KALASH- All rules as per regular FD ✅ SBI Sarvottam- All rules as per Regular FD ✅ IDBI Amrit Mahotsav- All rules as per Regular FD ✅ IND SUPER 40- Min amount ₹10k, Premature Withdrawal allowed with 1% penalty ✅ Special Rate for Special Days (SRSD-1051)- Valid upto 23rd June 2023, Min Deposit ₹25k ✅ PSB Grih Lakshmi Fixed Deposit- Valid upto 23rd June 2023 – premature allowed with penalty, min deposit ₹5k 👉🏻 Check the rate of interest in the video and let me know your thoughts 💭 ⭐️ Follow @thehimanichaudhary to be able to manage your money on your own 🙏 Like & Share #fixeddeposit #passiveincome #finance
✨ No Caption, just living the small moments ✨ Life is what happens this second. Rest all is just memories and predictions 🙏❤️ Oh yes and Happy Mother’s Day to my mom and to all of your mothers. Make sure to wish them (text will also work) 😅‼️ ✅ When I came here in Pattaya, all I wanted to do was stay here and take PR. But then immediately I realised am not financially free 😢 🥰 The moment that happens I will shift to a place like this. ❤️ What is your plan after getting financially freedom? #weekrecap #goodtimes
✨ No Caption, just living the small moments ✨ Life is what happens this second. Rest all is just memories and predictions 🙏❤️ Oh yes and Happy Mother’s Day to my mom and to all of your mothers. Make sure to wish them (text will also work) 😅‼️ ✅ When I came here in Pattaya, all I wanted to do was stay here and take PR. But then immediately I realised am not financially free 😢 🥰 The moment that happens I will shift to a place like this. ❤️ What is your plan after getting financially freedom? #weekrecap #goodtimes
✨ No Caption, just living the small moments ✨ Life is what happens this second. Rest all is just memories and predictions 🙏❤️ Oh yes and Happy Mother’s Day to my mom and to all of your mothers. Make sure to wish them (text will also work) 😅‼️ ✅ When I came here in Pattaya, all I wanted to do was stay here and take PR. But then immediately I realised am not financially free 😢 🥰 The moment that happens I will shift to a place like this. ❤️ What is your plan after getting financially freedom? #weekrecap #goodtimes
✨ No Caption, just living the small moments ✨ Life is what happens this second. Rest all is just memories and predictions 🙏❤️ Oh yes and Happy Mother’s Day to my mom and to all of your mothers. Make sure to wish them (text will also work) 😅‼️ ✅ When I came here in Pattaya, all I wanted to do was stay here and take PR. But then immediately I realised am not financially free 😢 🥰 The moment that happens I will shift to a place like this. ❤️ What is your plan after getting financially freedom? #weekrecap #goodtimes
✨ No Caption, just living the small moments ✨ Life is what happens this second. Rest all is just memories and predictions 🙏❤️ Oh yes and Happy Mother’s Day to my mom and to all of your mothers. Make sure to wish them (text will also work) 😅‼️ ✅ When I came here in Pattaya, all I wanted to do was stay here and take PR. But then immediately I realised am not financially free 😢 🥰 The moment that happens I will shift to a place like this. ❤️ What is your plan after getting financially freedom? #weekrecap #goodtimes
✨ No Caption, just living the small moments ✨ Life is what happens this second. Rest all is just memories and predictions 🙏❤️ Oh yes and Happy Mother’s Day to my mom and to all of your mothers. Make sure to wish them (text will also work) 😅‼️ ✅ When I came here in Pattaya, all I wanted to do was stay here and take PR. But then immediately I realised am not financially free 😢 🥰 The moment that happens I will shift to a place like this. ❤️ What is your plan after getting financially freedom? #weekrecap #goodtimes
VIDEO IS OUT! Link in Bio 👉🏻 Types of Mutual Funds 👉🏻 Comparison b/w mutual funds with example 👉🏻 Best MFs to invest in IDCW category for 2023 👉🏻 Taxation 🙏 Let me know your thoughts 💭 #mutualfunds
Save 25% on Car Insurance ✅ Valid if you drive upto 15,000 kms in one year ✅ Normal insurance will have same premium even if you drive 50,000 kms or just 10,000 ✅ If you don’t plan to use the car so much, try to get onboard with this. Link: https://www.policybazaar.com/motor-insurance/car-insurance/pay-as-you-drive-insurance 📴SWITCH OFF / SWITCH ON SYSTEM 👉🏻 Perfect for those who do not use the car regularly 👉🏻 Pay more if kms exceed ₹15k
