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Should you invest in Sovereign Gold Bond Scheme this Diwali?
- November 10, 2015
- Category: Product Analysis
No CommentsThe Government has come out with the issuance of the first tranche of sovereign gold bond (SGB) scheme announced in the Union Budget earlier this year. Application for the bonds would be accepted from 5 November to 20 November 2015. The bonds would be issued on 26th November. SGBs would be available only for Resident Indians. Key highlights of the scheme: The gold bonds can be held either in paper form or demat form. Each bond unit is equivalent to 1 gram of gold. The Government has fixed the minimum investment in bonds at 2 grams and the maximum investment […]
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How to make smart use of your credit card?
- November 2, 2015
- Category: Credit Cards
Credit cards have become an essential part of our daily lives. From eating at restaurants to shopping at malls or paying utility bills, it is used extensively. They are a convenient mode of payment and provide access to funds for an interest free period. The benefits of credit cards go beyond offering interest free float. Most people are not aware of these benefits and fail to utilize their credit cards to the fullest advantage. Here are a few tips on how to use credit card smartly to reap multiple benefits: (1) Smart use of float: You can take maximum advantage […]