Category: Press Release

Top 5 Features that Make the Hyundai Venue a Great Choice for First-Time Car Buyers

Since its launch in 2019, the Hyundai Venue has emerged as one of India’s most popular subcompact SUVs. Its smart looks, feature-rich cabin, multiple engine-gearbox options, and relatively affordable pricing make it an excellent choice for young and first-time car buyers. This article will discuss the Venue’s top 5 features, reinforcing its credentials as an ideal entry-level SUV for new car owners.

An Overview of Hyundai Venue

The Hyundai Venue is a stylish yet practical small SUV. Its eye-catching exterior pairs nicely with a modern, tech-filled interior. Under the hood, you can choose between three peppy engine options. Whether darting around the city or venturing on the highway, the Venue offers a comfortable, enjoyable driving experience. Clever use of space and numerous safety features make this an ideal vehicle for singles or small families looking for an affordable, efficient vehicle that doesn’t skimp on features.

If you’re considering purchasing the Hyundai Venue, ackodrive.com is an excellent platform to explore. Acko Drive offers transparent, credible automotive content, from detailed reviews to the latest tech insights, helping you make an informed decision.

Features that Make the Hyundai Venue a Great Choice

Here are the features of Hyundai Venue that make it an excellent choice for first-time buyers:

1. Compact Yet Spacious Design

The Venue measures just 3995mm in length, 1770mm in width, and 1590mm tall. Its compact dimensions make driving and parking in crowded urban streets very easy. Despite its compact footprint, the Venue’s intelligent packaging results in an airy and spacious cabin.

There is adequate room at the back to comfortably seat three average-sized adults during short drives. The 315-litre boot space can easily hold a couple of large suitcases. For a vehicle of this size, the Venue feels remarkably spacious inside.

2. Strong Safety Features for Peace of Mind

Safety is paramount for new car buyers. The Venue delivers on this front by offering 6 airbags, ABS with EBD, rear parking sensors, and electronic stability control as standard across the range.

Other safety features include a tyre pressure monitoring system, vehicle stability management, hill-start assist, and ISOFIX child seat anchors. In NCAP crash tests, the Venue scored 4 stars for adult occupants and 3 stars for child occupants.

3. Impressive Engine Options and Fuel Efficiency

The Hyundai Venue presents three powertrain choices to suit varying needs. The spirited yet frugal 1.2L petrol engine delivers 83bhp and is paired with a 5-speed manual gearbox. For enthusiasts, the 120bhp/172Nm 1.0L turbo-petrol motor is mated to a smooth-shifting 6-speed manual or a 7-speed DCT automatic. Lastly, the proven 1.5L diesel churns out 116bhp/250Nm, prioritising highway cruising comfort over outright performance.

The petrol engines deliver up to 18.3 km/l, while the oil burner returns an impressive 22.7km/l. Such high fuel efficiency makes the Venue easy on the pockets, an essential consideration for new car owners with limited budgets.

4. Tech-savvy and Comfort-Oriented Features

Who doesn’t love a car that feels like it’s from the future? The Hyundai Venue is loaded with technology that makes every drive enjoyable and convenient.

. 8-Inch Touchscreen Infotainment System: Comes with Android Auto and Apple CarPlay support, making it super easy to connect your smartphone.

. Connected Car Tech: Hyundai’s BlueLink system lets you remotely control various car functions, like locking/unlocking the doors or starting the engine.

. Comfort Features: A sunroof, cruise control, an air purifier, and wireless phone charging make every journey a breeze.

. Adventure Edition Perks: For the explorers, the Adventure Edition adds a dual-camera dashcam—perfect for capturing those scenic road trips.

First-time buyers often look for a car that’s easy to use but doesn’t skimp on modern features. The Venue strikes that perfect balance.

5. Budget-Friendly Pricing

Hyundai has left no stone unturned to make the Venue an aspirational product for young audiences. Fortunately, the pricing is on point for an entry-level SUV. The Venue retails between Rs 7.53 lakhs and Rs 13.62 lakhs ex-showroom. Compared to its immediate rivals, Kia Sonet and Maruti Vitara Brezza, which retail at similar price points, the Hyundai Venue manages to undercut them across most variants, making it a smarter choice for new car buyers.

The Bottom Line

The Hyundai Venue is a well-rounded sub-4-meter SUV targeting first-time buyers and young professionals on a budget. Its right-sized dimensions, coupled with a feature-loaded and safety-focused package, make it a great value proposition. If you are looking to enter the SUV segment without stretching your budget too far, the Venue emerges as a top contender that should be on your consideration set.

February 20, 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

‘Zupee Ludo Fest’ is Set to Transform Kolkata into a Gaming Hotspot

Kolkata : Zupee, India’s leading skill-based gaming platform launched a week-long gaming festival – Ludo Fest on Monday, 10th February. Zupee Ludo Fest is a series of engaging roadshows and a grand finale event is scheduled for Saturday, 22nd February in Kolkata. Zupee will conduct mini-Ludo board games across 7 coolest spots of the city where the participants will have an opportunity to win exciting prizes including tickets to the main event. These mini games will be hosted in spots like College street; Salt Lake Sector V; Mohun Bagan/ East Bengal Club; Hogg Market; Park Street; Howrah Bridge; Prinsep Ghat.

The grand gaming spectacle will feature over 150 influencers, making it one of the most anticipated offline gaming events in the city. Additionally, players will get a chance to win a range of prizes, including a grand prize bike worth INR 2 lakhs and vouchers valued at up to INR 20,000 rupees making it a total pool of over INR 6 Lakhs. Players will also compete for hourly prizes ranging from INR 1,000 to INR 10,000. Adding to the excitement, the event will be attended by a popular influencer and top 12 winners will have the unique opportunity to compete alongside a celebrity player, renowned actor Jisshu Sengupta.

Commenting on the event, Zupee’s spokesperson said, “We are excited to host the Zupee Ludo Fest in the city of Joy and bring together the vibrant skilled gaming community in Kolkata. We look forward to seeing both seasoned players and new participants come together, compete with celebrities, showcase their skills and win amazing prizes.”

Zupee consistently encourages responsible gaming and this Ludo fest provides an exciting, engaging, and responsible environment for its users. Therefore, whether you are a Ludo legend or just looking for some fun, join the Zupee Ludo Fest at any of the given locations.

About Zupee:Zupee is the largest skill-based ludo platform in India. Zupee offers ‘games of skill’ in which a player’s skill, knowledge, attention, experience and capabilities are crucial to success. Zupee’s product portfolio of skill-based board games is redefining the online real-money gaming ecosystem by providing meaningful entertainment and bringing moments of joy. Zupee seeks to offer a learning-driven gaming ecosystem in the country. Founded by IIT Kanpur graduates, Dilsher Singh Malhi and Siddhant Saurabh in 2018, Zupee is backed by marquee investors such as WestCap Group, Tomales Bay Capital, Nepean Capital, AJ Capital, Matrix Partners India, & Orios Venture Partners. Recently, Zupee was also recognized and applauded as the ‘Future Ready Organization’.

Zupee, a responsible gaming platform, adheres to a transparent communication policy and outlines clear guidelines on its website regarding Do’s &Dont’s. Zupee advocates for responsible gaming practices, emphasizing that gaming should be enjoyed primarily for entertainment purposes, rather than solely for monetary gains.

Media Contact:amrit.anand@zupee.in

February 18, 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
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
Unlock Better Breathing: How Stress Relief Boosts Respiratory Health Naturally

Most of us breathe without a second thought, but for millions of people across this world, every breath reminds them of the struggles that their lungs must endure. We normally consider mental health as abstracted from our physical health but it is actually your feelings and level of stress that make the difference in this world about your lungs and the respiratory system. And when chronically suffering respiratory conditions, like Asthma, COPD (chronic obstructive pulmonary disease) or Chronic Bronchitis occur, a little sign of stress or anxiety seems to really make their struggle to breathe all the worse.

According to the recent IPSOS global survey on World Mental Health Day 2024, 53% of city dwellers in India reported stress levels so high that it impacted their daily lives. Stress can cause inflammations and deteriorated lung function. Apart from inflammations, the chest tends to become tight, and flare-ups happen frequently. Mental strain can make the management of Asthma, and Chronic Bronchitis exacerbated.

Stress: A Silent Trigger for Respiratory Disorders

When we are stressed, the body releases hormones like cortisol, which would make the airways contract and cause them to be even more inflamed and produce higher mucus rates. For asthmatic patients, this will lead to worsened wheezing, tightening in chest, and inability to breathe to its full capacities, hence triggering an asthma attack. Patients suffering with Chronic Obstructive Pulmonary Disease (COPD) would experience poor breathing. It makes it painful to breathe in and out as the airways contract around lung muscles. Eventually, requiring enhanced effort and concentration while breathing, leading to anxiety-led panic attacks.

Chronic Obstructive Pulmonary Disease (COPD) is ranked as one of the most potent killers in the world, and World Health Organization (WHO) in 2021 reported 3.5 million deaths as a result of this disease. Stress could exacerbate the chronic bronchitis with persistent coughing, increased mucus production, and more congested airways. This vicious circle starts with anxiety and stress leading to physiological response which, in turn, worsens the underneath problems of our lungs.

Nature-Based Solutions for Alleviating Respiratory Distress

The above-mentioned underlined symptoms could be managed and this vicious cycle of stress and respiratory problems can be broken. Lifestyle changes form the best method to reduce stress and put less pressure on our heart and lungs. By adopting healthy dieting, regular exercises, quitting smoking and practices like mindfulness, yoga, or deep breathing exercises to manage stress. Along these lifestyle modifications, herbal medications can provide great results in treating respiratory illnesses. Research cites that Phyto-actives (high-potency plant extracts), offer an all-round holistic and natural solution, to improve respiratory virus illnesses.

Clinically tested PhytoAdvance Technology further enhances the therapeutic activity of these plant bioactives, which have shown efficacy in reducing lung inflammation and making it healthier without any side effects. Natural ingredients such as Turmeric, Amla, Ginger, Pomegranate, Black Pepper, Mulethi, and Tulsi in these plant extracts possess anti-inflammatory properties that detoxify the respiratory system to enhance immunity within the body and help protect the lung against viral respiratory infections.

This over-the-counter supplement, PhytoRelief-Plus, combines these powerful Phyto-actives in a form that also reduces chronic coughing, chest congestion and irritation in the throat. The medicated lozenges work in harmony with the body to provide natural relief and support upper respiratory health during episodes of chronic coughing and irritation. Immunity-boosting ingredients enhance the body’s defense mechanism and enhance ease of breathing as well as comfort with PhytoRelief-Plus immunity lozenges.

PhytoRelief-Plus is not a cure for the respiratory conditions like Asthma, or Chronic Bronchitis; however, it is a natural nontreatment approach in reducing symptoms. As a supportive therapy in nurturing the body’s natural healing process, it acts as a lifestyle supplement that helps to efficiently manage chronic cough and discomfort caused by respiratory issues.

Boost Your Respiratory Health with the Power of 7 Phyto-actives

Managing chronic lung conditions often begins with an understanding of the relationship between stress and respiratory conditions. Stress itself is not the core cause of Asthma and Chronic Bronchitis, though it can exacerbate symptoms, making it harder to breathe. Nevertheless, ways to reduce stress, such as by practicing relaxation techniques, can be extremely important, but then incorporating natural remedies like Phyto-actives (high-potency plant extracts) can enhance relief and support for the lungs.

Living with chronic respiratory issues isn’t easy. The good news, however, is that with a holistic approach-championing both the physical and psychological aspects of lung health-you can break the vicious cycle of stress and respiratory discomfort. Incorporating lifestyle changes, stress management practices, and incorporating some natural supplements into your life makes it easier to breathe more comfortably and maintain control over your respiratory health.

In terms of lung health, it’s not just managing the symptoms but also trying to understand the deeper connection between body and mind. But when this is approached as a comprehensive care, we all can ensure our breaths are a little easier, even amidst life’s stresses.

February 5, 2025
Is It Time to Renew Your Car Insurance? Key Factors to Consider Before You Renew ?

Renewing your car insurance policy is essential to remain financially secure against unforeseen events like accidents or theft. With the convenience of online car insurance renewal, the process has become faster and more accessible. However, many car owners overlook critical factors during renewal, leading to unnecessary costs or inadequate coverage. This blog highlights key considerations for a smooth and informed car insurance renewal experience.

Why Timely Renewal is Essential?

Driving without a valid car insurance policy is illegal and exposes you to significant financial risks. Under the Motor Vehicles Act 2019, driving without insurance attracts penalties of up to INR 2,000 for the first offence and INR 4,000 for subsequent offences, along with possible imprisonment of up to 3 months. However, suspension of the driving license is not explicitly stated as a penalty for this violation. Beyond legal issues, an expired policy leaves you unprotected against damages to your vehicle or third-party liabilities, creating potential out-of-pocket expenses.

The Ideal Time to Renew

Renewing your car insurance within the last 45 days of its validity is advisable to avoid lapses. This window gives you ample time to review your current policy, compare alternatives, and make any adjustments based on your current needs. If you miss the renewal deadline, insurers typically offer a grace period of 15 to 30 days. The 90-day period generally applies to retaining the No Claim Bonus (NCB), not the grace period itself. Keep in mind that renewing during the grace period may attract additional charges.

Key Factors to Consider Before Renewal

Renewing your car insurance is a vital step in ensuring uninterrupted financial protection and compliance with legal requirements. To make the most of your renewal, it’s essential to evaluate various aspects of your policy to secure comprehensive coverage that suits your current needs.

1. Review Your Current Policy

When opting for online car insurance renewal, renewing the same policy without reviewing the details is tempting. However, your coverage needs may have changed over time.

What to Do:

● Check the existing policy’s coverage, including third-party liability and comprehensive benefits.
● Assess whether the add-ons you previously selected are still relevant to your current situation. For instance, a Passenger Cover may not be necessary if you travel alone.

2. Insured Declared Value (IDV)

The IDV represents the maximum amount your insurer will pay if your car is stolen or totalled. A lower IDV reduces your premium but may leave you underinsured, while a higher IDV increases the premium unnecessarily.

What to Do:

● Use a car insurance calculator to Understand that IDV is calculated based on standard depreciation rates set by the Insurance Regulatory and Development Authority of India (IRDAI). Policyholders can only select from a range of values within the insurer’s preset guidelines.

3. No Claim Bonus (NCB)

The NCB is a discount offered for every claim-free policy period, potentially reducing your premium by up to 50%. Many policyholders forget to apply this during renewal.

What to Do:

● Confirm that your NCB has been transferred or applied correctly. Keep in mind that the maximum NCB discount of 50% is typically applicable after five consecutive claim-free years. NCB cannot be transferred during mid-policy renewals or grace periods.

4. Compare Policies Online

Sticking with your current insurer without exploring alternatives may result in missed opportunities for better coverage or lower premiums.

What to Do:

● Compare different online car insurance renewal options from various insurers. Look for discounts, better add-on covers, and customer service reviews.

5. Add-On Covers

Add-ons such as zero depreciation, engine protection, and roadside assistance offered by insurers can significantly enhance your car insurance policy by providing additional financial security.

What to Do:

● Evaluate the relevance of each add-on based on your current needs and driving habits.
● Remove add-ons that no longer align with your requirements to avoid unnecessary costs.
● Remember that certain add-ons, such as zero depreciation, are typically available only for vehicles up to 5-7 years old.

6. Update Personal Information

Outdated personal details, such as an old address or phone number, can lead to complications during claim settlements.

What to Do:

● Ensure your details are updated during the renewal process.

Benefits of Renewing Car Insurance Online

Renewing car insurance online offers several advantages, including:

● Convenience: The process can be completed in a few clicks without physical paperwork or visits.
● Cost Savings: Online platforms often provide exclusive online savings.
● Transparency: You can compare policies, add-ons, and premiums before deciding.
● Quick Assistance: Insurers like Bajaj Allianz General Insurance Company provide 24×7 call assistance and instant updates via SMS, ensuring seamless claim support.

Tips to Save Money on Your Renewal

Saving money on your car insurance renewal doesn’t have to mean compromising on coverage. By being proactive and making informed decisions, you can reduce costs while maintaining comprehensive protection.

1. Choose Higher Deductibles: Opting for a higher voluntary deductible can lower your premium. It will also increase your out-of-pocket expenses during claims.
2. Install Anti-Theft Devices: Many insurers offer discounts for cars equipped with certified anti-theft systems.
3. Leverage NCBx: Maximise your NCB to reduce premium costs.
4. Opt for Online Policies: Direct-to-customer digital insurers often offer better rates.

Common Mistakes to Avoid

● Ignoring Policy Details: Renewing without reviewing coverage may result in paying for unnecessary features.
● Forgetting Add-On Relevance: Continuing with irrelevant add-ons increases your premium without added value.
● Delaying Renewal: Missing deadlines could lead to policy lapse, legal issues, and higher costs.
● Overlooking Discounts: Many miss out on offers that could reduce renewal costs.

Final Thoughts

Renewing your car insurance policy is a critical step in ensuring financial protection and legal compliance. By choosing online car insurance renewal, you not only simplify the process but also unlock opportunities to customise your coverage to fit your needs.

Take the time to review your existing policy, compare options, and make necessary adjustments to maximise benefits and minimise costs. A little attention to detail can go a long way in ensuring peace of mind and hassle-free driving.

*Standard T&C Apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

Claims are subject to terms and conditions set forth under the motor insurance policy.

February 3, 2025

Category: Press Release

An Overview of Hyundai Venue

Features that Make the Hyundai Venue a Great Choice

1. Compact Yet Spacious Design

2. Strong Safety Features for Peace of Mind

3. Impressive Engine Options and Fuel Efficiency

4. Tech-savvy and Comfort-Oriented Features

5. Budget-Friendly Pricing

The Bottom Line