Category: MAM

Valentine’s Day spending rebounds in India

MUMBAI: Well, well, just as we were getting cynical about love and that romance is on the way down here is some contrarian news from affiliate network Admitad. According to data provided by it, the worst is behind us and love is blossoming; couples have returned to gifting with consumption rising 15 per cent during Valentine’s Day (VD) week.

Analysis of over 500,000 orders revealed an average spend of Rs 2,000, with mobile devices accounting for more than half of all purchases. Hotel bookings surged 20 per cent as couples opted for weekend getaways, whilst food delivery orders rose 15 per cent. Fashion items dominated gift choices at 25 per cent of purchases, followed by cosmetics at 15 per cent and electronics at 12 per cent. The most dramatic growth came in flowers and luxury goods, which saw sales spike 89 per cent and 67 per cent respectively compared to non-holiday periods.

Digital-savvy shoppers maximised value, with 20 per cent claiming cashback and 12 per cent using promotional codes. Affiliate stores influenced over a quarter of purchases, whilst online media recommendations drove 15 per cent of sales.

The strong performance marks a sharp reversal from 2024’s 10 per cent decline in Valentine’s spending, suggesting renewed consumer confidence in Asia’s third-largest economy.

February 19, 2025

Tax Planning Made Easy: How to Use Income Tax Slabs to Calculate and Save Taxes

Tax planning is challenging, especially when required to deal with new and old regimes, income tax slabs, deductions and exemptions. Understanding these is crucial to saving income, minimising tax payments and managing finances. Leveraging all of these with the right ITA sections can help to identify the right income tax slab and the tax saving possibilities. Scroll down to learn in detail about what we just discussed.

Understanding Income Tax Slab

In India, income taxes are categorised into slabs. These involve different income ranges, and accordingly, income tax rates are devised that the earners must pay. The income tax slab system ensures tax rates are in accordance with the income of individuals, ensuring fair taxation across the nation. These tax slabs witness periodic revisions as well to keep up with the progressions.

Income Tax Rates Based on Tax Slab

Let’s have a comparative view of both old and new tax regimes. These are applicable to HUFs and individuals. Here is how it goes:

Taxable Income	Old Tax Regime	New Tax Regime
Earnings up to INR 2.5 lakh	Exempted from tax payment	Exempted from tax payment
Income range between INR 2.5 to 3 lakh	5% tax	Exempted from tax payment
Income range between INR 3 to 5 lakh	5% tax	5% tax
Income range between INR 5 to 6 lakh	20% tax	5% tax
Income range between INR 6 to 9 lakh	20% tax	10% tax
Income range between INR 9 to 10 lakh	20% tax	15% tax
Income range between INR 10 to 12 lakh	30% tax	15% tax
Income range between INR 12 to 15 lakh	30% tax	20% tax
Income above INR 15 lakh	30% tax	30% tax

Calculating Income Tax Using Tax Slab

To calculate the income tax, gain information on different factors to consider and accordingly follow the steps:

Step 1

Include the variety of taxable incomes that need to be considered. They include the income from:

1. Salaries and pensions are to be detailed in Form 16 when filing the taxes.
2. Capital gains such as mutual funds, stocks and real estate
3. Leasing, renting or selling a residential property
4. Business, professions or freelancing and side hustles
5. Other sources such as dividends, gifts, FDs, saving bank accounts, gambling, pension after pensioner’s death and rental income from properties used for non-residential purposes

Step 2

Eliminate the incomes that fall into the tax exemptions category. It is to be done by subtracting from the gross income. Examples include conveyance allowance, agriculture income and transfer allowance.

Step 3

Check and calculate the deductions to reduce taxable income. Examples include PPF, ELSS, life insurance plans and others.

Step 4

Based on the above-mentioned considerations and calculations pertaining to the reductions and deductions, taxpayers can calculate the Net Taxable Income. Accordingly, check the income tax slab to find the appropriate amount to pay.

Saving Tax

The tax exemption and deduction categories allow income to be saved from tax. Here are its components to know for strategic planning:

Employer’s Contributions to Pension Schemes

The employer’s contribution to the Provident Fund (PF) is tax-exempted for up to INR 7.5 lakh per year. The employee’s contribution is taxable but is also eligible for deduction under Section 80C in the old tax regime. However, this is not valid with the new tax regime. Concerning the National Pension Scheme (NPS), the employer benefits from tax exemption under Section 80CCD(2). It also holds the same limit of INR 7.5 lakh per year.

Reimbursed Incomes

The reimbursements from the employer obtained as a component of CTC or salary are tax-free. However, submitting the proofs and necessary bills is essential. The reimbursements include phone and internet, driver’s salary, fuel, travel, periodicals, books and others.

Home Loan Interest for Let-Out Property

The interest on home loans submitted for let-out properties can be deducted from taxable income. It reduces the tax liability and can be benefitted under Section 24(B) of the Income Tax Act. Additionally, for these properties, the Government allows the deduction of both principal and interest, thus reducing the taxable income and, subsequently, the income tax slab. Be informed on how to calculate income tax to understand the savings.

Other Tax Saving Possibilities

More options are available under special conditions. Know them here to identify the additional possible benefits:

1. Gifts up to INR 50,000
2. 33.33% or INR 25,000 deduction on family pension (whichever is less)
3. Up to INR 5 lakh on receivings from voluntary retirement under Section 10(10C)
4. A gratuity of up to INR 20 lakh under Section 10(10)
5. Daily allowance when the workplace is different than the usual
6. Tour, travel and conveyance allowance for official purposes, along with the transport allowance for specially-abled
7. Leave encashment amount of up to INR 25 lakh under Section 10(10AA) (applicable on leaving the job)
8. Non-taxable requisitions for official purposes, which include company provided laptops, interest-free salary loans, medical facilities and others

Summing Up

Mastering the income tax slab system is essential for effective tax planning and savings. It helps to plan the strategies for income diversification and allocation to benefit from tax deductions and exemptions. The different tax saving aspects as per the new income tax regime are covered in the article. Do connect with the expert for informed decision-making and more details.

FAQs on Income Tax Slab

Q1. What are the sections that allow exemptions on income tax?

Multiple sections allow tax exemptions in diverse areas. These include Section 80C, 80D, 80E, 80G, 80TTA, 87A and others.

Q2. Which income tax regime is better?

The new income tax regime is better if total deductions are lower than INR 1.5 lakhs. However, the old income tax regime is better for total deductions over INR 3.75 lakhs.

Q3. What is the surcharge amount?

Apart from the Income Tax, the surcharge amount needs to be paid if the total income exceeds INR 5 million.

February 19, 2025

Instant Loan vs Personal Loan: Which is Better?

Choosing the right funding option is tricky when you need funds to handle an emergency or fulfil a dream. Personal Loans and instant loans are the most common options to choose from. You must understand the differences between the two and decide which one best fits your needs. Let’s understand what a Personal Loan is and how it differs from an instant loan. Accordingly, you can make an informed choice for your financial well-being.

What is an Instant Loan?

Instant loan is an unsecured funding option that primarily aims to provide quick funds for emergencies. They provide fast and hassle-free funds through a website or Instant Loan app. These funding options are excellent for those who need money urgently. It’s wise to borrow them for quick financial needs like home renovation, vehicle repair, or last-minute wedding expenses.

Key Features

● Approval depends on your income and risk profile.
● Get instant funds without extensive documentation or formalities.
● You may choose a repayment period according to your EMI affordability.
● An instant loan does not require any security.

Pros and Cons of Instant Loans

Let’s look at the pros and cons of instant loans:

Pros:

● No collateral is necessary to qualify for an instant loan.
● Quicker funding access without office visits or documentation.
● Those with a good credit history find it easier to get approved.
● Lenient eligibility criteria make them easily accessible.
● The quick loan process makes them instantly available.
● You can receive cash within 48 hours of applying.

Cons:

● Strict eligibility criteria you must fulfil.
● Conducting enough research is essential to compare the loan products.
● Interest rates are competitive due to instant availability and no collateral requirement.

What is a Personal Loan?

A personal loan is a short-term funding option that lets you borrow money from a financial institution or NBFC, including for a wedding, education, home renovation, or travel plan. Obtaining these unsecured loans is easy without providing any guarantor, security, or collateral.

Key Features

● Personal Loans are approved based on your creditworthiness and repayment capacity.
● You can use the funds for various planned and unplanned purposes.
● The repayment tenure is flexible, ranging from a few months to a few years.
● Many loan providers offer quick disbursement within 48 hours.
● Factors like your financial profile, income, DTI ratio, and repayment capacity determine the size of your loan sanction.

Pros and Cons of Personal Loans

Let’s look at the pros and cons of Personal Loans:

Pros:

● A well-established source to borrow funds.
● Dealing with a trusted NBFC ensures peace of mind.
● You can borrow a loan amount according to your needs and repayment capacity.
● An EMI calculator helps you choose a repayment tenure with affordable EMIs.
● You don’t need to pledge an asset as collateral.
● You can use the loan amount for various purposes, including a foreign trip, wedding, education, etc.
● Easily accessible through a Personal Loan app.

Cons:

● Due to their unsecured nature, the interest rate is higher than that of secured loan options.
● Comparing the loan offers is essential due to the high competition in the loan market.
● Making a solid repayment plan is vital, as missing the EMIs may reduce the credit score.

Difference Between Personal Loans and Instant Loans

Let’s understand a few points of difference between Personal Loans and instant loans:

Parameter	Instant Loans	Personal Loans
Eligibility	Based on credit history, income, and other criteria	Requires detailed assessment, including age, employment status, work experience, and income
Repayment Tenure	Short-term	Ranging from a few months to a few years
Application	100% paperless and digital	Offline or online through a loan app or website
Loan Processing	Quick approval, minimal formalities	Detailed evaluation process
Disbursal	Directly to the bank account within a few hours	May take up to two days for disbursal to the bank account
Loan Amount	Smaller loan sanctions	Higher loan amount according to your income and repayment capacity

When Should You Take an Instant Loan?

Consider taking an instant loan if you need quick access to funds for urgent expenses. It is more appropriate for sudden expenses, such as urgent vehicle repairs, spontaneous travel plans, last-minute wedding expenses, etc.

When Should You Take a Personal Loan?

A Personal Loan is an ideal option if you need a bigger sum and want to repay it over a longer tenure. It is more appropriate for planned expenses, such as going on a vacation, renovating the house, buying gadgets, or consolidating debt.

Stepwise Procedure to Apply for a Personal Loan Online

Follow these steps to apply for an instant Personal Loan through reliable apps like Hero FinCorp.

● Install the loan app from the Play Store
● Choose the loan amount and preferred EMI
● Enter the required details
● Complete your KYC process
● Input your bank account details
● Get real-time approval of the loan
● Digitally sign e-Mandate and loan agreement
● Receive the loan amount in your account within 48 hours

Choosing between an instant loan and a Personal Loan depends on your financial requirements and preferences. An instant loan is an appropriate option if you need a small loan amount quickly for an emergency. However, a Personal Loan is more suitable for larger loans and longer repayment terms. Evaluate your situation carefully and select an option that best aligns with your goals. The Hero FinCorp Personal Loan app can help you apply for a loan of Rs 50,000 to Rs 5 Lakh. The interest rates are competitive and repayment tenures are flexible.

Disclaimer: The information provided in this blog post is intended for informational purposes only. The content is based on research and opinions available at the time of writing. While we strive to ensure accuracy, we do not claim to be exhaustive or definitive. Readers are advised to independently verify any details mentioned here, such as specifications, features, and availability, before making any decisions. Hero FinCorp does not take responsibility for any discrepancies, inaccuracies, or changes that may occur after the publication of this blog. The choice to rely on the information presented herein is at the reader’s discretion, and we recommend consulting official sources and experts for the most up-to-date and accurate information about the featured products.

February 17, 2025

Travel Smart: Hero FinCorp’s Instant Personal Loan for When You Face Fund Shortages

Everyone dreams of travelling the world, exploring diverse places, meeting new people, experiencing unique cultures, and savouring different cuisines. However, financial constraints often stand in the way of turning these travel dreams into reality. An instant Personal Loan from Hero FinCorp ensures you receive the funds quickly to turn your travel dreams into reality.

Whether you wish to go on a romantic getaway, a vacation with friends or family, or a cultural trip, apply for an instant loan of Rs 50,000 to Rs 5 Lakh at Hero FinCorp to explore your dream destination without any financial strain.

Continue reading to learn how these loans let you travel smart when facing financial shortages while planning a trip.

What is an Instant Loan?

An instant loan is an unsecured Personal Loan that can be borrowed, including travel expenses. It provides the necessary funds to support your domestic or international travel, whether for personal leisure or business needs. The loan amount can be utilised for a range of travel-related costs, such as airfare, accommodation, sightseeing, entry fees, and activities. Instead of dipping into your savings, you can opt for an instant Personal Loan to make your travel plans a reality with ease.

Benefits of Borrowing a Personal Loan for Travel

Here are the top reasons why an instant Personal Loan is beneficial for your travel plans:

● Financial Freedom: With funds from an instant loan, you can take your family to a foreign destination of their choice. You don’t need to dig into your savings to cover the necessary holiday expenses. The loan pays for the travel costs now, which you can repay later in instalments. With this financial arrangement, you barely feel the pinch of exhausting your savings at a time.

● Competitive Interest Rates: Hero FinCorp offers interest rates starting from 1.58% per month. Your final interest rate will depend on your credit score, debt-to-income (DTI) ratio, job stability, income regularity, and overall repayment capacity.

● Easily Affordable EMIs: With flexible repayment terms of 12 to 36 months, you can choose a tenure with easily affordable EMIs. The monthly instalments depend on the loan amount you borrow, the interest rate, and the loan tenure you select. The longer the tenure, the smaller the EMIs, and vice versa. Use a Personal Loan Calculator to calculate the EMIs and opt for a tenure with budget-friendly EMIs.

● No Collateral Requirement: Instant loan from Hero FinCorp is unsecured. That means you don’t need to pledge collateral as security.

● Instant Approval and Quick Disbursal: NBFC offering online application facilities, you can apply for a Personal Loan online without any office visits or paperwork. With a few minutes of verification, you receive instant loan approval and a loan offer. Once you accept the loan offer, the NBFC completes the formalities and disburses your approved loan amount directly into your bank account.

Tips to Choose the Right Personal Loan Plan for Your Travel Aspirations

Follow these steps to choose the right Personal Loan plan:

● Assess Your Budget: Research and calculate the travel expenses to determine your loan amount. Avoid over-borrowing to reduce your loan cost and minimise financial stress.
● Check Your Credit Score: Your credit score is crucial in determining your interest rate. Therefore, check it before applying to ensure it is good enough to attract reasonable interest rates.
● Evaluate Loan Terms and Fees: In addition to the interest rate, evaluate other loan terms, including processing fees, late payment penalties, foreclosure or prepayment charges, etc.
● Check Eligibility Criteria: Simple eligibility criteria make a Personal Loan easily accessible. Check and fulfil the NBFC’s eligibility conditions before applying to avoid rejection.

Steps to Apply for a Personal Loan Online

The online loan procedure lets you apply for an instant loan from the convenience of your home. All you need to do is fill in a few necessary details in an online application form. Follow these steps to apply:

Step 1: Visit the Hero FinCorp website or download the loan app
Step 2: Go to the Personal Loan page and click ‘Apply Now’
Step 3: Enter your mobile number and verify with the OTP received
Step 4: Choose the loan amount you need
Step 5: Verify your KYC details to check income eligibility
Step 6: Click ‘Submit’ to complete your application

An instant Personal Loan offers an easy funding option to finance your dream vacation. Whether you wish to explore a hill station or enjoy on a beach, a Personal Loan from Hero FinCorp can facilitate the funds to create lifetime memories.

Disclaimer: The information provided in this blog post is intended for informational purposes only. The content is based on research and opinions available at the time of writing. While we strive to ensure accuracy, we do not claim to be exhaustive or definitive. Readers are advised to independently verify any details mentioned here, such as specifications, features, and availability, before making any decisions. Hero FinCorp does not take responsibility for any discrepancies, inaccuracies, or changes that may occur after the publication of this blog. The choice to rely on the information presented herein is at the reader’s discretion, and we recommend consulting official sources and experts for the most up-to-date and accurate information about the featured products.

February 17, 2025
Bhaskar Da, a month on: Ashit Kukian remembers an unforgettable professional

MUMBAI: A heartfelt tribute to someone who was not just a boss, but a true mentor, guru, and friend.

Under his guidance, I learned the intricacies of the media world, sharpening my skills and understanding through his profound knowledge and insight. His humility, paired with one-liners full of humor and wisdom, made him a beloved figure to all who had the privilege of working with him.

To say I will miss him feels like an understatement—his impact on me was immense.

The pride he took in our successes, as though we were his own, felt much like the pride a father has for his children.

He often said “if the student doesn’t learn, I will blame the teacher.”

Such was his conviction that the success of juniors was the responsibility of senior leaders.

And he truly walked the talk—investing in us, shaping us, and ensuring that we had everything we needed to thrive.

The void he leaves behind can never be filled. I will have to learn to navigate an altered world without his steady presence.

I can only hope that he finds the joy and peace he so richly deserves in heaven. People like him are rare, and it’s a loss that words cannot fully capture.

Thank you, Boss, for everything you taught me, for the lessons you shared, and for being more than just a leader—you were a guiding light in my journey.

February 15, 2025
Personal Loans for Weddings: The Smart Alternative to Using Your Savings

Weddings are one of life’s most significant milestones, but they come with significant expenses from catering and venue to photography and décor. Even with meticulous budgeting, costs can quickly spiral beyond expectations.

With the aspiration to make the events perfect, many people dip into their savings to cover the expenses. However, doing so can strain financial stability in the long run.

Instead, opting for a personal loan for weddings, or a wedding loan, can be a smart alternative, as it can provide the necessary funds to cover upfront costs without depleting your hard-earned savings.

In this article, we will explore why a wedding loan can be a smart alternative to using your personal resources.

1. Quick Access to Funds
Instant* personal loans are known for their typically quick approvals and disbursals, providing the necessary funds without the long waiting periods associated with traditional offline loans.

For instance, SMFG India Credit, a leading NBFC in India, disburses the funds shortly after final approval. This ensures that time-sensitive expenses, such as securing a limited-period discount on your preferred venue or a last-minute home repair, can be managed efficiently.

Please note that the exact approval and disbursement times may vary depending on the applicant’s eligibility, the accuracy of the submitted documents, and the lender’s policies.

2. No Collateral Required
Secured loans require collateral, which lenders can seize if the borrower fails to repay the loan on time.

In contrast, personal loans are unsecured, meaning you do not have to pledge any assets. Instead, lenders assess eligibility based on several factors such as credit score, income, employment history, and existing debt obligations.

This makes personal loans a less risky option for borrowers, as they do not have to worry about losing valuable assets like property or vehicles to finance wedding expenses. Additionally, the absence of collateral speeds up the loan processing time, eliminating the need for asset verification.

3. Flexible Loan Tenures
Personal loans offer flexible repayment tenures, typically ranging from 12 to 60 months, allowing you to choose a duration that aligns with your financial comfort and budget.

Additionally, with fixed EMIs (Equated Monthly Instalments), you know exactly how much to pay each month. This predictability enhances budgeting, helping you to manage your EMIs efficiently while covering existing expenses.

4. Minimal Paperwork and Online Application Process
Planning a wedding involves multiple expenses and logistical considerations. In such times, traditional offline loan applications involving extensive paperwork and a lengthy application process can hinder your planning.

Personal wedding loan offer a convenient solution, requiring minimal documentation. Lenders typically ask for only a few essential documents such as proof of identity, address, and income, with specific requirements varying for salaried and self-employed individuals.

Moreover, personal loan applications can be completed entirely online, eliminating the need to visit a lender’s branch and ensuring a hassle-free borrowing experience.

5. Avoid High-Interest Credit Card Debt
Many individuals rely on credit cards when wedding expenses exceed their budget. However, credit cards usually have higher interest rates than personal loans, which can lead to long-term financial strain.

On the other hand, personal loans often come with competitive interest rates. Borrowers who have strong credit scores (generally 750+) and meet the overall eligibility requirements are more likely to qualify for lower interest rates, which help reduce the total cost of the loan.

6. Preserve Savings for Your Future
Using personal savings to fund wedding expenses can impact long-term financial goals, such as buying a home or securing a child’s education fund.

A personal loan can help you finance immediate wedding costs while preserving your savings for future needs.

However, it is essential to borrow responsibly – you must assess your budget carefully and apply for only the necessary amount to avoid undue strain during repayment.

To make informed decisions, you can use a personal loan EMI calculator – available for free on the websites of trusted lenders like SMFG India Credit – to estimate monthly payments based on different loan amounts, interest rates, and tenures.

Conclusion

An instant* personal loan can be a practical solution for managing wedding expenses while keeping your savings intact and maintaining long-term financial stability. However, before applying, it is essential to assess your financial situation, compare lenders, and ensure that the EMIs fit comfortably within your budget.

Responsible borrowing, coupled with thoughtful financial planning, allows you to create the wedding of your dreams without compromising your future financial security.

*T&C apply. Loan eligibility, loan terms, and loan disbursement processes are subject to the lender’s policy at the time of loan application.

February 14, 2025

How to Track the Performance of Your ULIP Over Time?

If you have invested in a ULIP scheme (or are planning to do so), you might have had a few nagging concerns! They could be, “What’s my risk appetite?” or “How do I track my ULIP over time?” Getting the answers to these questions will ease your curiosity and put your mind at rest before taking action.

Remember that childhood lesson you learned – “Look before you leap.” It wasn’t just for fun; it’s good advice to avoid confusion and surprises later! To save yourself from the discomfort of an unclear ULIP scheme, you need to know how to track and manage it to avoid any mess.

This post will help you do just that – guide you through the steps of tracking and managing your ULIP efficiently so that you can leap with confidence!

What to Keep in Mind Before Selecting a ULIP Scheme?

You must keep some important factors in mind before you choose the right ULIP scheme:

Consideration	Details
1. Understand Your Financial Goals	Define your financial goal (retirement, children’s education, wealth accumulation) to select the right investment strategy and life cover.
2. Choose the Right Fund	Equity Funds: Higher growth potential but higher risk. Debt Funds: Safer, stable returns, ideal for conservative investors. Choose based on your risk appetite and goal.
3. Select Life Insurance Coverage	Choose a life cover that’s sufficient to meet your family’s financial needs in case of unforeseen events.
4. Lock-in Period	ULIPs have a 5-year lock-in period. Stay invested for longer to benefit from compounding returns. Surrendering early may lead to penalties.
5. Stay Updated on Market Trends	Regularly monitor market trends to adjust your investment strategy and optimise returns by reallocating funds as needed.
6. Be Aware of Charges	Understand the charges involved: Mortality/Morbidity Charges Policy Administration Charges Fund Management Charges Premium Allocation Charges
7. Choose a Suitable Payment Option	Single Premium: One-time payment. Limited Premium: Limited number of years. Regular Premium: Ongoing payments. Choose based on your financial situation.
8. Fund Switching Flexibility	ULIPs allow you to switch funds (equity, debt, hybrid) to optimise returns. Understand the cost of switching and free switches, and calculate fund performance before switching.

Know How to Track Your ULIP Over Time

Let’s now learn the simple methods of tracking the performance of your ULIP. This way, you stay on the same page regarding your investment and plan your financial goals accordingly. Here below are the key steps you need to keep practising:

1. Calculate the Net Asset Value (NAV)
The first thing is to calculate ULIP’s NAV and compare it with the initial NAV. This will give you an idea of the absolute return value of your investment.

2. Use an ULIP Calculator
A trustworthy online ULIP calculator can help you to track your policy’s performance easily. You need to enter your premiums and the duration for which they are paid, along with some other details.

3. Monitor Periodic Statements
Mostly, the insurance companies provide regular statements that have the details of your ULIP’s fund value, NAV, etc. You need to thoroughly review them in order to remain updated on how your investment plan is performing.

4. Evaluate Fund Performance
Closely assess the performance of the specific funds in which your ULIP usually invests. Examining their past growth and risk variables throughout different periods in time is worthwhile.

5. Compare with Benchmark Indices
Benchmark indices like NIFTY or Sensex are useful for you to compare with your ULIP’s returns. This enables you to assess the performance of your funds in relation to market trends.

6. Understand the Charges
ULIPs carry a number of costs, including policy administration, fund management, and premium allocation. Identify these deductions and what effect they have on your entire returns.

7. Track via Online Portals
Numerous insurance providers provide online portals with up-to-date information on the performance of your ULIP. You may access fund valuations, transaction histories, and other crucial information through their websites.

8. Seek Expert Advice
In case you have any trouble evaluating the success of your ULIP, you can speak with insurance agents or financial specialists. They can provide insightful information on fund selection, market movements, and modifying your plan in accordance with your objectives.

9. Reassess Your Goals Periodically
Review your risk tolerance and financial objectives on a regular basis. In the context of such things, you might wish to change funds or modify the amount of your premium so it fits your changing goals.

Summing Up

So, now you’re all set with the know-how of choosing the right ULIP scheme and tracking its performance. Take the right approach to be able to leap with confidence and watch your investment’s impressive growth. Invest in peace!

FAQs on ULIP Scheme Tracking

1. How to check ULIP return?
You can check the ULIP return by doing calculations based on the Net Asset Value of the fund. The Net Asset Value is easily calculated by dividing the total number of units held by investors by the value of the fund’s assets, removing its liabilities.

2. Is ULIP better than FD?
Indeed, ULIPs offer better investment opportunities than FDs. They offer you life insurance and guarantee the security of your funds. Also, they provide you with the opportunity to profit from investments. They are among the top spots to invest in because of their adaptable nature.

3. What is a ULIP calculator?
An insurance seeker can use this customised online tool (ULIP calculator) to compare various ULIPs. It helps them determine the maturity amount based on the amount they spend over a selected time period.

February 11, 2025

Who Provides The Best Wifi Mesh Router?

A dependable and fast internet connection is a necessity nowadays. As smart devices increasingly dominate our lives and high-speed internet fuels activities from gaming to streaming, the need for effective and uninterrupted internet connectivity has surged dramatically.

Here’s introducing the wireless mesh router – an innovative fix created to remove dead spots and provide reliable, fast Wi-Fi throughout every part of your house. However, the question persists: who offers India’s best mesh WiFi router? The solution can be found with ACT (Atria Convergence Technologies Ltd.) and its advanced offerings. Let’s take a look at what we have on offer!

Why Choose a Mesh Router for Your Home?

Before exploring ACT’s amazing offerings, it’s crucial to comprehend why a mesh router is revolutionary. In contrast to conventional routers, which often have difficulty providing steady coverage in spacious or multi-level homes, a mesh Wi-Fi router employs several nodes (or pods) to cover your entire area with robust and dependable internet. Whether using your home office, watching Netflix in the living room, or playing games in the basement, a wireless mesh router guarantees you remain connected without disruptions.

Moreover, mesh router extenders effortlessly connect with the main node, eliminating the need for various network names or manual transitions between networks. This makes it a perfect option for homes with many devices and high internet consumption.

ACT’s Game-Changing Mesh Router Plans

ACT is a brand that distinguishes itself in terms of providing exceptional connectivity and unmatched value. ACT provides plans tailored to various needs, ensuring every customer receives an optimal mesh Wi-Fi experience. Let’s examine their best mesh wifi router in India plans:

1. ACT Sprint Mesh Pod Bundled

●    Speed: 200 Mbps
●    Data: Unlimited
●    Mesh Routers Included: 2
●    Price: ₹999/month

This budget mesh router plan is perfect for small to medium-sized households. With speeds of 200 Mbps, it’s ideal for HD streaming, video conferencing, and moderate gaming. Including two mesh routers ensures seamless connectivity across your home, even in tricky spots like balconies or kitchens. If you want to buy mesh wifi router at the most affordable pricing, the ACT Sprint Mesh Pod Bundled plan is your go-to.

2. ACT Storm Mesh Pod

●    Speed: 400 Mbps
●    Data: Unlimited
●    Mesh Routers Included: 2
●    Price: ₹1250/month

For those who need a little more power, the ACT Storm Mesh Pod plan delivers blazing-fast speeds of 400 Mbps. Whether downloading large files, hosting virtual meetings, or indulging in 4K streaming, this plan has you covered. The wireless mesh router setup ensures that every device in your home gets optimal speeds without lag or buffering.

3. ACT Storm Bonanza Mesh

●    Speed: 400 Mbps
●    Data: Unlimited
●    Mesh Routers Included: 2
●    Additional Benefits: Netflix, Disney+ Hotstar, Zee5, Sony LIV, Sun NXT, Yupp TV, and 300+ live TV channels
●    Price: ₹1600/month

The ACT Storm Bonanza Mesh plan is the ultimate choice for entertainment enthusiasts. Combining high-speed internet with premium OTT subscriptions, this plan transforms your home into a digital haven. Whether you’re binge-watching your favourite series or catching up on live TV, the included mesh routers ensure flawless connectivity throughout.

Why ACT Stands Out in the Mesh Router Market

Choosing the best mesh WiFi router provider in India can be daunting, but ACT makes the decision easy with its stellar combination of technology, affordability, and added perks. Here’s why ACT is the preferred choice:

1. Seamless Connectivity

ACT’s mesh routers are engineered to ensure uninterrupted coverage throughout every corner of your home. Bid farewell to irritating dead zones and poor signals. Thanks to ACT’s cutting-edge mesh technology, you can experience seamless internet connectivity wherever you go.

2. Amazing Worth for Your Money

ACT offers exceptional value, whether looking for an affordable mesh router plan or a premium package filled with entertainment choices. Due to its attractive pricing and strong features, ACT stands out as the wirelessmesh router market leader.

3. Lightning-Quick Speeds

ACT provides reliable high-speed internet designed for contemporary demands. Ranging from 200 Mbps for light users to 400 Mbps for intensive tasks, there is a plan suitable for all.

4. Exclusive Entertainment Upgrades

With the ACT Storm Bonanza Mesh plan, you receive not just an excellent mesh router extender system. You can also gain access to premium OTT services as well.

5. Simple Installation and Upkeep

ACT offers the best mesh routers created for easy installation and low maintenance. The intuitive interface allows easy monitoring and management of your network, making it accessible for users without technical expertise.

Who Should Opt for ACT’s Mesh Router Plans?

ACT’s mesh router offerings target a diverse range of users, including:

●    Households: Guarantees that each individual has constant internet access for work, learning, and leisure activities.
●    Gamers: Experience seamless gaming sessions with rapid speeds and minimal latency.
●    Content Creators: Share high-quality videos and stream seamlessly.
●    Entertainment Lovers: Enjoy your preferred films and series with ACT’s exclusive OTT subscriptions.

How to Begin with ACT’s Mesh Router Options

Accessing ACT’s top mesh Wi-Fi router options is easy. Here’s the method:

●    Select a Plan: Pick the option that aligns most with your requirements and financial considerations.
●    Contact ACT: Connect with ACT through their website or customer service.
●    Experience Effortless Connectivity: Discover the transformation with ACT’s advanced wireless mesh router technology.

Summary

In terms of providing the finest mesh Wi-Fi router in India, ACT’s offerings are unparalleled. By combining speed, coverage, cost-effectiveness, and entertainment advantages, ACT guarantees all customers an exceptional internet experience. Whether you’re looking for an affordable mesh router option or a comprehensive plan with OTT extras, ACT offers choices for everyone. Don’t accept inadequate connectivity. Get an ACT mesh Wi-Fi router plan today and turn your home into a fast, entertainment-filled paradise. Bid farewell to dead zones and welcome uninterrupted internet – with ACT.

About ACT

Established in 2000, ACT is one of India’s biggest broadband service providers. The firm is known for its creative solutions and focus on customer satisfaction. Driven by a goal to provide uninterrupted connectivity and unmatched value, ACT constantly sets new standards in the sector.

Contact Information:

Atria Convergence Technologies Ltd.
Customer Support: +91 9945999459
Email: helpdesk@actcorp.in

Choose ACT today and experience the future of home connectivity with the best mesh Wi-Fi router plans in India!

February 10, 2025
FlixBus India & Eto Motors go green for intercity travel

MUMBAI: It’s made an electrifying start in India. In its first year of operations FlixBus India, in partnership with Eto Motors, has introduced an EV bus for travel between Hyderabad and Vijayawada. The collab between the two marks a bold stride towards sustainable long-distance mobility, reinforcing India’s vision for a cleaner, greener transport future.

The inaugural electric bus was flagged off at ITC Kakatiya, Hyderabad, by Telangana minister of transport and BC welfare Ponnam Prabhakar. Also present at the event were German Embassy in New Delhi counsellor for digital and transport Alexander Reck; Thunder Plus CEO & Eto Group chief marketing officer Rajeev YSR; & FlixBus India managing director Surya Khurana.

Ponnam Prabhakar lauded the initiative, stating, “FlixBus and Eto Motors will address the long-distance sustainable mobility needs of Telangana and the southern region through a technology-driven approach. We hope this collaboration accelerates the adoption of electric buses nationwide.”

The pilot project is set to launch on the Hyderabad-Vijayawada route with four electric buses. A two-week trial period will take place before the official rollout in late February, followed by a 12-week assessment of key factors such as battery efficiency and passenger demand. Supported by Thunder Plus, the charging infrastructure will feature depot-based and opportunity charging stations equipped with 240 KW fast chargers to maintain seamless operations.

Eto Motors group CMO Rajeev YSR highlighted the significance of the initiative, stating, “Our partnership with FlixBus India revolutionises intercity travel with sustainable mobility solutions. This completes our green mobility offering—covering first-mile, last-mile, and now middle-mile travel. We have also established dedicated charging hubs along the route with amenities for passenger convenience.”

FlixBus India MD Surya Khurana emphasised the company’s commitment to sustainability, stating, “FlixBus India has rapidly expanded in its debut year, connecting over 200 cities with efficient and affordable bus services. With the introduction of electric buses, we are furthering our commitment to reducing carbon emissions and exploring alternative fuels in line with India’s sustainability goals.”

The advanced EV fleet will feature safety enhancements such as dashcams, GPS, and ADAS to ensure a seamless travel experience.

February 8, 2025
Luxury gets a table at Bangalore’s new Sobé Decor store

MUMBAI: Bangalore just set the table for luxury, and it’s looking absolutely exquisite. Sobé Decor, the coveted name in premium home decor and tableware, has unveiled its latest store in Indiranagar, giving the city’s design aficionados a fresh reason to indulge. Nestled in the iconic Falaknuma building, this upscale destination promises an unparalleled shopping experience, blending elegance with world-class craftsmanship.

Previously an exclusive Noritake showroom, the space has now been reimagined as Sobé Decor, expanding its repertoire to include a handpicked selection of premium brands. From the timeless charm of Chabby Chic to the refined aesthetics of Gloss from Norway, Copacabana, and Christina Oliver, the store offers a symphony of styles that elevate interiors to new heights.

Bangalore, often celebrated for its cosmopolitan tastes, makes for the perfect setting for Sobé Decor’s expansion, says Sobé Decor founder, Nivedita Jegadeesh, further adding, “This city has always embraced a seamless blend of tradition and modernity. With our new store, we aim to provide a space where elegance meets functionality, offering homeowners an opportunity to curate interiors that reflect their unique personality.”

The store is more than just a retail space; it’s a destination designed to inspire. With India’s widest collection of Noritake under one roof, alongside other international luxury brands, it caters to those who appreciate the finer things in life. Whether you’re refreshing your dining space, adding a touch of sophistication to your living room, or seeking statement pieces for a personal retreat, Sobé Decor ensures every home tells a story of refinement and taste.

February 7, 2025