Top Personal Finance Stories Of The Week

In this article we are providing a collection of curated personal finance stories, including, gold bond scheme, new tenancy rules, provident fund, festival sale offers, etc.

Business Desk, ETV Bharat: Informative articles on ‘Personal Finance’ are the most sought after by all kinds of readers. Keeping this in view, we are giving below the most important stories that we published this week.

IRDAI directed all life insurers to come up with a standard individual term life insurance product to be called ‘Saral Jeevan Bima’ and launch it in the market by 1 January 2021.

A standard product means that it would have the same features, benefits, inclusions, exclusions and other terms and conditions irrespective of the insurance company that is selling it.

Car dealers across the country are offering benefits on most models that involve cash discounts, exchange bonus, corporate discount along with other special schemes.

However, the extent of benefit may vary from location to location.

We compiled the benefits being offered by major car companies – Maruti Suzuki, Hyundai, Tata, Mahindra, etc.

Players like Flipkart, Amazon and Paytm Mall have gone live with their sale from 16th October and are offering great discounts and offers on products across top categories such as mobiles, TVs, kitchen appliances, fashion, beauty, home decor, furniture, grocery, baby products and more. Take a quick look.

Expanding the scope of Whatsapp banking, India’s second-largest private lender ICICI Bank Ltd on Thursday announced that its customers can now open fixed deposits (FDs) by just sending a message on the chat platform.

The Model Tenancy Act 2019, once implemented, will not just safeguard the interests of both landlords and tenants, but will also ensure speedy settlement of disputes, thereby reviving the rental real estate market in India.

The salaried class in India can now resolve queries related to their provident fund (PF) accounts simply and quickly through a Whatsapp helpline that will connect them directly with the Employees’ Provident Fund Organisation’s (EPFO’s) regional offices. Click on the link to know how to do it.

If you are planning to invest in gold, know why buying sovereign gold bonds can be a smarter way to bet money on the yellow metal instead of buying physical gold.