Anuj Agarwal

Credit Cards 7 min read

Information and Documents Required to Apply for a Credit Card

Credit cards have become a necessity for every individual today to live a comfortable life. However, with increasing options, making the right choice is quite difficult. Moreover, you would have to go through an elaborate application procedure after choosing the right credit card that suits your lifestyle. You would also need to upload certain documents ... Information and Documents Required to Apply for a Credit Card

Anuj Agarwal
20 March 2023 • 7 min read

Credit Cards 6 min read

Business Credit Cards: What Are They and How to Get One?

Today, credit cards have become an essential part of our lives. While most people use it as a convenient financing option for shopping, business owners can also use it to get instant financing for business expenses. Instead of using their personal credit, they typically opt for business credit cards that offer corporations exclusive benefits and ... Business Credit Cards: What Are They and How to Get One?

Anuj Agarwal
14 March 2023 • 6 min read

Savings Scheme 7 min read

A Step-by-Step Guide to UAN Generation and Activation Process

Unlike visiting the employers to get things done earlier, the Employees Provident Fund Organisation (EPFO) allotted 12-digit Universal Account Number (UAN) now allows an employee to track all the Employees’ Provident Fund (EPF) contributions made during the current and previous employments, check EPF balance, transfer and/or withdraw online from his/her PF account. What is EPF ... A Step-by-Step Guide to UAN Generation and Activation Process

Anuj Agarwal
10 March 2023 • 7 min read

Stock Market 5 min read

Demand Deposit Account: Meaning, Features and Benefits

Demand deposit accounts are like traditional bank accounts from which you can withdraw money at any time without any approval or prior notice. However, banks and financial institutions offer low interest rates on the funds deposited in these accounts. Creating a demand deposit is as easy as using it and you can open it simply ... Demand Deposit Account: Meaning, Features and Benefits

Anuj Agarwal
2 March 2023 • 5 min read

Fixed Income 6 min read

Why NCDs Are A Better Option To Invest?

NCDs, or non-convertible debentures, are a type of debt instrument issued by companies to raise funds for various purposes, such as business expansion, working capital requirements, and debt repayment. As the name suggests it can not be converted into equity capital. It has a fixed rate of interest and a fixed maturity date, at which ... Why NCDs Are A Better Option To Invest?

Anuj Agarwal
28 February 2023 • 6 min read

Tax Planning 5 min read

Is RD Helpful for Income Tax Declaration Under 80C to Save Tax?

Recurring deposits are a popular savings instrument offered by banks and post offices. As the name suggests, a recurring deposit is a monthly investment locked in for a certain period that earns a fixed interest rate. A recurring deposit (RD) is an excellent tool to save and invest consciously from your monthly earnings. The interest ... Is RD Helpful for Income Tax Declaration Under 80C to Save Tax?

Anuj Agarwal
28 February 2023 • 5 min read

Stock Market 4 min read

What is BO ID in Share Market & How Does it Work?

Before explaining BO (Beneficiary Owner) ID, we need to know the purpose of this ID. We all have bank accounts where we keep our money deposited. Similarly, in the share market, our securities are deposited in a digital format with the depository that can be either CDSL or NSDL. Just as our bank account number ... What is BO ID in Share Market & How Does it Work?

Anuj Agarwal
28 February 2023 • 4 min read

Save Money 6 min read

Benefits of Recurring Deposit: What makes RD an attractive savings scheme

Consistently saving every month will help you accelerate your wealth creation journey. If you want to automate the savings process, you can consider opening a recurring deposit, which is one of the most effective tools to build savings. A recurring deposit is a savings instrument that enables you to save a small amount every month ... Benefits of Recurring Deposit: What makes RD an attractive savings scheme

Anuj Agarwal
27 February 2023 • 6 min read

Fixed Income 5 min read

Classification of Fixed Income Security Based on Maturity

Fixed-income securities are debt instruments that provide returns in the form of predetermined interest payments; As soon as the bond expires, the principal is reimbursed. Hence, investors know the corpus value they will receive at the time of maturity of their investments. Fixed-income securities are a liability for the issuer in the market, and the ... Classification of Fixed Income Security Based on Maturity

Anuj Agarwal
25 February 2023 • 5 min read

Fixed Income 5 min read

Classification of Fixed Income Securities based on the Type of Issuer

If you invest in the Indian financial market, you must ensure you maintain a proper balance of your portfolio. Investing into a single asset class is a risky venture. Hence, diversifying investments across assets allows a steady income and avoids dependence on just one asset class. In this case, fixed-income securities play an essential role. ... Classification of Fixed Income Securities based on the Type of Issuer

Anuj Agarwal
25 February 2023 • 5 min read

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