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Loan Faqs

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	What is a Monthly Reducing Balance? : In the case of monthly reducing balance method, the principal gets reduced at the end of every month and the interest is calculated on the outstanding principal at the end of the month.
	What is an EMI? : EMI stands for Equated Monthly Installments. This installment comprises both principal and interest components. Please use the EMI Calculator to find out the EMI you need to repay.

Loan Blogs

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	Why loan against property is a good option If you need money for any specific need like marriage, business expansion, foreign education then a good way to raise money is to get a loan against your property. The only condition for that is that you need to own a valuable asset in the form of a self-occupied house or a commercial property....
	How to go for car loan Car has become a necessity in today's life. Most of people who wish to own a car normally buy a car on a car loan. A car loan is offered by banks and other financial institutions. Due to the growth in the car market lots of car companies are offering economical cars to the Indian consumers and...

Insurance

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	Max New York Life Insurance Co. Ltd Max New York Life Insurance Company Ltd. is a prominent life insurance company in India. The company is a joint venture between New York Life and Max India Limited, an Indian company. Max New York... Life Insurance: Retirement Plan : Easy Life Retirement (Par) Plan, SMART Invest Pension Plan
	Kotak Mahindra Old Mutual Life Insurance Limited Kotak Mahindra Old Mutual Life Insurance Ltd. is a joint venture between Kotak Mahindra Bank Ltd. and Old Mutual plc, a South African savings and wealth management company founded in 1845. Kotak... Life Insurance: Retirement Plan : Kotak Retirement Income Plan, Kotak Retirement Income Plan (UNIT LINKED), Kotak Jeevan Sukhi Plan

Insurance Faqs

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	How can I pay for my travel policy in installments? : If you purchase your policy online using a credit card, the monthly installments get automatically charged on your credit card and is reflected in your monthly statement.
	What is a premium? : Premium is the amount of money you pay monthly, quarterly or annually for continuing the insurance policy. The amount of the premium is decided at the time of the purchase of the policy.

Insurance Blogs

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	Basics of life insurance Life insurance provides a family with financial support in the case of death of the breadwinner of the family. According to a life insurance policy, a fixed amount of money is paid to the insured or the beneficiary at the end of its term or upon the death of the insured. Life insurance also...
	Deciding about the amount of life insurance People go for various life insurance policies due to their many benefits. The amount of life insurance depends on many factors. Ideally the sum assured should provide for all the needs of your family like children's education and marriage while meeting the daily basic expenses when the insured...

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