The FinTech Hub
Source: Live Mint Can I buy an individual term life cover if my company already covers me under a group term life policy? Will there be a conflict between the two policies in terms of maximum sum assured? Will my nominee get a claim from both policies? – Name withheld on request The underwriting for…
Source: Live Mint For those who want to quench their wanderlust,Mintis launching a series that will capture the costs and experiences of various international destinations through the personal stories of travellers. Here, Bengaluru-based Navdha Khera, director at a fintech company, and her husband Kshitij Jain, founder of a travel startup, share their story of travelling…
Source: Live Mint Most of us use our credit cards directly for online transactions or swipe them at the offline merchant’s Point of Sale (POS) machine. When we do that, we get the base reward points. But what if we told you that you can multiply your reward points (up to 10 times) if you…
Source: Live Mint In a setback to taxpayers, the Supreme Court on Thursday upheld around 90,000 tax reassessment notices issued by the revenue department between 1 April and 30 June 2021, for assessment years 2013-14 to 2017-18. Taxpayers had challenged these notices, arguing they should fall under the new reassessment regime that took effect on…
Source: Live Mint The importance of wealth creation extends far beyond individual prosperity – it’s a catalyst for societal progress and national development. As we embark on this journey, it’s crucial to understand why wealth matters and how it can be harnessed at every stage of life. However, the path to wealth creation varies across…
Source: Live Mint If you want to take a personal loan but are not employed currently, then you do not need to fret. Most banks offer loans even to the self-employed persons so long as they fulfill other conditions. For the unversed, a personal loan is an unsecured loan given by banks to borrowers for a range…
Source: Live Mint If you are smitten by a travel bug and want to make the most of your travel spend then getting a travel credit card is certainly a rational thing to do. A travel credit card typically helps you earn reward points when you travel by air and/or train. Additionally, it also gives…
Source: Live Mint Financial emergencies—such as unexpected job loss, urgent travel needs, or critical household repairs—can quickly deplete your savings and investments, especially if you lack a contingency fund. When you find yourself in a situation where your emergency fund falls short, a personal loan may be a viable solution. With their easy availability and…
Source: Live Mint Systematic Investment Plan, or SIP, is emerging as a popular investment method. It offers a means for disciplined investing, as you set aside a fixed sum of money every month for future savings. A SIP offers potential for long-term wealth creation, as you gain from the power of compounding and can get…
Source: Live Mint The government recently expanded the scope of its free public health insurance scheme, Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), to include all citizens above age 70 irrespective of their socio-economic status. This comes at a time when health insurance premiums for senior citizens have been soaring. But will it be a…
