In my cred wallet, i have around 1 lac coins which I want to use now. I checked the products list on the app bit all the products seems luxury. If anyone has used the points, where have they been used? I would be grateful to learn any tips or strategies for increasing my cred.

Hi
I am planning to invest in the Nifty 50 each month. Is starting toady a wise decision? And if so, please suggest me some reputable brokers and the top Nifty 50.
There are some which i found while searching like: UTI nifty 50 index fund, Quant small cap fund, HDFC Mid cap. so which mutual funds should I select?

In India, health insurance for senior citizens with pre-existing conditions is expensive. There are some good options for your diabetic mother. You should explore these options: Star Health, Aditya Birla Health Insurance, and Care Health Insurance. All these have pre-existing coverage policies.

But before choosing any insurance, it’s better to compare the plans (coverage, premiums, and a good network of hospitals) and then choose the suitable plan. For comparison, use the website Policybazaar.

Hi

In terms of your situation, there are number of factors you can consider for tax saving and financial planning. Both you and your wife, as co-owners can claim the tax deductions individually and doubling the tax benefit.

Under section 24B you can claim the deduction up to Rs. 2 lakh on interest paid and Under section 80C you can claim Rs. 1.5 lakh on principal. Choosing different banks won’t result in direct rise in your tax savings. As it provides additional advantages and better interest rates. Under Section 80D, your wife is eligible to deduct the premiums paid for their health insurance coverage from her taxes.

In the end, just remember to take advantage of the deductions available under sections 80C and 24B to maximize the tax benefits of your home loan.

FDs are safe, but you need to diversify your investment to get better returns and risk management. With FDs your can secure your future and it’s a good idea. To understand the FD Taxation and Planning, you need to understand these points:

If your total FD interest exceeds to Rs.40,000 then bank will deduct 10% TDS annually. There is a a procedure of taxation on maturity of your FD. Your annual tax liability may vary. So its better to do some -tax saving investments like PPF and ELSS.

For so many, SGBs have proven to be a beneficial investments. This is a long run investment, and they give a consistent return and good protection against inflation. You can combine SGBs as a part of a diversified portfolio.

I have not invested in SGBs yet, but I would invest a moderate portion, around 10% of my investment portfolio.

Hi

Starting early with NPS is a wise decision because of the power of compounding. Long-term, consistent investing can greatly increase your retirement funds. And investing $7,500 per month for 35 years could result in a substantial capital gain.

Annuity rates, Expected results and Tax effects are some factors from which you need to calculate the precise monthly pension and total capital from your NPS contribution.

Hi

For a real estate investment, you can explore tier-2 or tier-3 cities in Himachal Pradesh, Uttarakhand and Goa. Real estate may be volatile. You should diversify your investment for that you can investigate other possibilities like mutual funds, fixed deposits and even open a small business in your chosen location.

Hi,

Double check the account details, mobile number. If you still can’t activate your account, its better to contact the bank and also to GPay support system again. If still that is not working, share your more details with us and I will forward the issue to our technical staff for a quick fix.

To check your CIBIL score for free, there are many reliable platforms available in India. Websites like the CIBIL (official website), CRED, PaisaBazaar, and some financial institutions, including banks.

To improve the CIBIL score, follow some rules like paying the bills on time, reducing the usage of credit, avoiding multiple loan applications, and maintaining a healthy credit mix.

ICICI offers many types of credit cards to users. These cards are identified by the functions and benefits they provide to users.

Cashback Credit Card: These are the most used credit cards in India. These are used to save money or to take advantage of amazing deals. Each time you use the card, you receive cashback on your purchases with the card every time you use it.

Travel Credit Card: These cards are good for those who travel a lot. These cards provide users with attractive discounts on their flights and hotel bookings. The user gets lounge access and travel insurance also. Users get the air miles as rewards every time they use the card, they receive air miles as rewards.

Fuel Credit Card: Users can use these cards at fuel stations, and they get attractive discounts or cashback every time they refill the vehicle.

Premium Credit Cards: It's the best card for those who spend a lot. And it offers an exclusive benefit to users, like reward points, lounge access, dining discounts, entertainment offers, and many more.

All these cards are used for different purposes, so identify your needs and then apply for the suitable card for yourself.

For food, fuel and online shopping, the HDFC Millennia Credit Card is a good option for you. This card offers cashback in all these categories. It gives you around 5% cashback, 2.5% cashback for online shopping, and 1% cashback for fuel.

Verify that your card is active, online payments option are enabled also check that you are entering correct card details. Check all these reasons. And if the problem persist, contact HDFC customer support to resolve this issue.

The travel-focused credit card is ideal for you. There are many good options for you; Air India SBI Signature Card, Axis Bank Vistara Signature Card or HDFC Regalia. They have additional benefits like lounge access, reward points and gives you amazing discounts on flights and hotels. Compare all the features of these credit cards like features, fees and rewards and then choose the best credit card according to your requirement.

If the money was debited from your account, and the contact number on which you transferred the money, which is not linked to their bank account, that means money is send to the wrong account.

Tell your sister to contact to Phonepe customer service term and share your issue. They can easily track the transaction. They can initiate the refund process. Also contact your bank and inform them about the refund and let them know it was an unauthorized action.

You can consider banks like HDFC, ICICI, Axis Bank or SBI for a savings account. These banks offer great debit card offers and rewards for online shopping.

I would suggest you consider HDFC Bank for opening a saving account. As HDFC bank is known for frequently offering discounts and offers you a great deals on Amazon, Flipkart etc.

But before selecting any bank, it’s better to do a comparison of their features, charges, online banking services and customer care services.

According to your investment capacity and requirement, the National Pension Scheme is a perfect option for you. NPS offers tax benefits and a pension after retirement. ELSS funds and PPF are also good options to save money for your retirement. These entire schemes are tax saving investments. To understand all the schemes well, it’s better to consult a financial advisor.

You can get benefits from compound interest on your FD by choosing cumulative FD which means you can reinvest the interest which you earned on your FD.

It's a very good idea to get more profit by upgrading to higher-rate FDs. But check with your bank whether up-gradation is available or not. But when you are upgrading, evaluate all the terms and penalties related to the new FD.

It’s great and important to diversify your investment for retirement. You can consider:

PPF: gives you guaranteed returns and helps you in tax benefits. Debt Funds: considered as low-risk funds, gives you a steady return. ELSS Mutual Funds: gives you a tax rebate with a potential growth rate.

If you are still not able to understand, it’s better to consult a financial advisor for a personalized plan.