BANK FD vs CORPORATE FD

Comments

Post a Comment

Popular posts from this blog

SUPPLY CHAIN DIVERSIFICATION

 Pandemic has given a chance to act on all major issues which were earlier ignored. Globally every regime-looking issue is important to them. One issue which has got global attention is supply chain diversification. Till now China is a manufacturing hub for all. But lockdown has shown over-dependence on one country has a major problem. The political reaction we saw on this issue which we are not going to discuss here. This has given an opportunity which we are going to look here with government action for this. Till now Japanese and Chinese people are considered to be very efficient and hard working. All major corporation shifted their manufacturing to China which not only gave them cheap labor but also cheap money in terms of land and relaxed compliance. Also to define labor laws as per their investment. Over this export, subsidy killed local manufacturing causing loss of employment. All countries became importers of cheap and inferior quality goods. Now the pandemic is changing i...
Read more

GMC & INDIVIDUAL MEDICLAIM

 There is a difference in group mediclaim policy and individual or family floater policy. One is for corporate employees, other is for individual families. There are the following major differences between these two: 1. Coverage 2. Pre-existing decease 3. Sum Assured 4. Portability 5. Maternity 6. Parents 7. Time Frame. We will see all one by one  .In coverage only employees of a particular organization are added to GMC  while anyone or one with a family can take the policy in retail mediclaim. The employer bears the cost of insurance in GMC while the individual pays a premium for the policy. In GMC pre-existing decease are covered from day one while retail mediclaim as per policy wordings. As far as  Sum Assured is concerned in GMC  generally SA is 5L, in retail you can choose as per your need. A large corporation with large no. employee take maximum SA( it is customized as per corporation ) Portability is allowed in retail where your existing benefit is transf...
Read more

IMPORTANCE OF DIVERSIFICATION AND METHOD

 We usually take and think finance is only part of life but not life, yes as per our mythology finance is part of life it's not life. But if we go through our scriptures, one VEDA is for FINANCE only namely, 'ATHERVA VED'. Where you can find a solution for the whole question you have. Yes, indeed finance is an important part of life. All complex deals which are happening today are part of VEDA, which we don't need, our problems and their solution are not that much complex but the major issue is behavioral in nature.  The majority of people go by notion  going around them, they do their research what they see or listen to, The basic issue is that their need is as per their goals not as per surroundings, hereafter going through all research we have to connect it with our goal. Here need for a good piece of advice is solicited but we take advice from our near and dear but not from experts. The expert also does not have a ready-made solution but he has experience with the s...
Read more