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Category: Press Release

  • New Trends in Eligibility for Loan Against Property Applications Revealed

    New Trends in Eligibility for Loan Against Property Applications Revealed

    In today’s evolving financial ecosystem, a loan against property (LAP) has become one of the most reliable instruments for accessing large sums of money. Whether it is for expanding a business, funding higher education, meeting medical emergencies, or consolidating debts, property-backed loans provide borrowers with high-value financing at relatively lower interest rates compared to unsecured loans. However, just as financial institutions continue to innovate their offerings, they are also redefining the way they assess and approve applications. The eligibility for loan against property is no longer confined to traditional metrics like income and property value alone. New trends are reshaping the approval landscape, giving more individuals and businesses an opportunity to secure funding. This article delves into the latest changes in eligibility criteria, what borrowers should prepare for, and how these evolving trends can impact loan approval in the future.

    Traditional Eligibility Framework: A Quick Recap

    Traditionally, lenders considered a few fundamental aspects when evaluating a borrower’s eligibility:

    1.    Age of the Applicant – Salaried individuals typically had to fall within the age bracket of 25–60 years, while self-employed professionals could go up to 65 years.  
    2.    Income Stability – Proof of steady income through salary slips, bank statements, or audited financials for self-employed individuals.  
    3.    Property Valuation – The loan amount was primarily linked to the property’s current market value, usually allowing borrowers to avail 50–70% of its worth when applying for a property loan.  
    4.    Credit Score – A healthy CIBIL score above 700 was considered essential for approval.

    While these parameters remain important, lenders today are incorporating additional considerations to provide a more holistic assessment.

    New Trends in Eligibility for Loan Against Property

    1. Digital Footprint Consideration  
    Financial institutions are increasingly analyzing digital financial behavior to assess creditworthiness. Online transaction patterns, timely payment of utility bills, and digital credit records are being factored in alongside traditional credit scores. This trend benefits applicants with limited credit history but strong digital financial discipline.

    2. Expanded Age Limits  
    Many lenders are becoming more flexible with age restrictions. For instance, older self-employed applicants beyond 65 are being considered, especially if they have a strong business cash flow or adequate property value. This inclusivity reflects the reality of longer working lives and entrepreneurship beyond retirement age.

    3. Inclusion of Non-Salaried Income Sources  
    Previously, income from part-time work, rental earnings, or freelance engagements was often ignored. Today, lenders are accepting diverse income streams, acknowledging the gig economy and multiple-income households. This shift broadens the pool of eligible applicants significantly.

    4. Higher Loan-to-Value (LTV) Ratios  
    Some financial institutions are now willing to sanction loans of up to 75–80% of a property’s value, especially in urban areas with high real estate demand. This helps borrowers unlock greater liquidity from their assets.

    5. Customized Eligibility for Women Borrowers  
    To encourage financial independence, lenders are introducing relaxed terms for women applicants. These may include lower interest rates, flexible repayment options, and quicker approval timelines.

    6. Focus on Business Potential for Self-Employed Individuals  
    Instead of just looking at past income records, lenders are increasingly evaluating the future potential of businesses. For example, start-ups or MSMEs with strong growth prospects and healthy order books may find it easier to secure loans even without long financial histories.

    7. Use of Alternate Data for Credit Assessment  
    Lenders are gradually embracing alternative data, such as rental payment history, insurance premium payments, or mobile wallet usage. This trend especially benefits first-time borrowers or those with thin credit profiles.

    8. Green Property Preference  
    Sustainability trends are making their way into financial services too. Borrowers pledging eco-friendly or energy-efficient properties are being rewarded with better terms, reflecting a global push toward sustainable finance.

    What Borrowers Should Keep in Mind

    As eligibility norms diversify, borrowers should proactively prepare to enhance their chances of approval:

    ●    Maintain a Clean Financial Record: Pay EMIs, credit card dues, and utility bills on time to build a positive financial footprint.  
    ●    Document All Income Sources: Whether rental, freelance, or part-time, having verifiable documentation for all streams strengthens your application.  
    ●    Leverage Technology: Use digital payment methods and maintain transparent financial transactions, as these are now being tracked by lenders.  
    ●    Choose the Right Property: If your property is in a prime location or adheres to green-building standards, it may help you negotiate better terms.  
    ●    Check Your LTV Ratio: Be aware of the current market value of your property and how much of it you can realistically expect as a loan.

    The Future of Loan Against Property Eligibility

    The landscape of eligibility for loan against property is expected to evolve even further with the adoption of Artificial Intelligence (AI) and Machine Learning (ML) in credit assessment. Predictive analytics will allow lenders to forecast repayment capacity with greater precision, reducing risks and enabling faster approvals. Additionally, blockchain technology could bring unprecedented transparency in property valuation and ownership verification, making the process smoother for borrowers and lenders alike.

    Financial inclusion is at the heart of these changes. By moving beyond rigid eligibility norms, lenders are ensuring that more individuals and businesses—especially those in the unorganized sector or with unconventional income structures—gain access to much-needed financing.

    Conclusion

    The changing trends in eligibility for loan against property applications signify a broader shift in the financial industry toward inclusivity, innovation, and customer-centric approaches. From recognizing non-traditional income sources to considering digital footprints and even the eco-friendliness of pledged properties, lenders are adapting to the realities of modern financial life.

    For borrowers, this means greater opportunities—but also a greater responsibility to maintain transparency, financial discipline, and proper documentation. By staying informed about these evolving trends, individuals and businesses can better position themselves to secure property-backed loans with favorable terms, unlocking the full potential of their assets in the process.  
     

  • How to Compare Best Health Insurance Policies Using Online Tools

    How to Compare Best Health Insurance Policies Using Online Tools

    When you choose a health insurance plan or renew an existing one, how do you determine that it’s the right one for you? You might rely on an agent’s advice or ask a family member or friend. But are these insurance policies truly the right fit for you?

    A health insurance premium calculator can help you choose the best health insurance plan for your needs. It can show you which plans cover hospitals near you, which ones offer maternity coverage, and which ones won’t break the bank. So, using this tool correctly can be very helpful, but you need to know how to use it effectively. Let’s see how to do that.

    Why Comparing Health Insurance Online is Smarter?

    Back in the day, if you wanted medical insurance, you had to meet agents, read brochures full of technical words, and then hope you didn’t miss a hidden clause. Today, you can sit on your couch, open your laptop, and see ten different health insurance plans lined up like products in an online store. So, why is this better? Because:

    ● You don’t rely only on what an agent tells you.

    ● You can compare premiums and benefits side by side.

    ● You see exclusions clearly instead of in fine print.

    It’s just like shopping online or booking a hotel. Nobody calls ten airlines anymore, although we check online. Health insurance should work the same way.

    What Really Matters While Comparing Plans

    The truth is that not every shiny feature matters. A good policy is one that actually protects you when something goes wrong. While browsing online tools, you should be focused on:

    ●    Coverage (Sum Insured): Does it cover realistic hospital bills in your city?

    ●    Cashless hospitals: If your go-to hospital isn’t on the list, it’s a headache later.

    ●    Claim settlement ratio: Higher numbers mean fewer claim rejections.

    ●    Add-ons: Maternity, critical illness, room rent flexibility, if you really need them.

    ●    Premium vs Benefits: Cheapest is not always best.

    If you only remember one thing, it’s this balance cost with coverage. Don’t be tempted by low premiums if it means compromising on actual protection.

    A Quick Walkthrough Using an Online Tool

    Let’s say you’re 32, married, with one child. You open a comparison website. It asks for details like age, city, and number of family members. You fill that in, and within seconds, you see multiple mediclaim policy options.

    Now you notice something interesting:

    Feature Policy 1 Policy 2 Policy 3
    Sum Insured ₹5 lakh ₹10 lakh ₹10 lakh
    Cashless Network 4,200+ 6,000+ 5,800+
    Maternity Cover No Yes Yes
    Premium (Yearly) ₹6,800 ₹9,500 ₹10,200

    At first glance, Policy 1 looks attractive because it’s cheap. But then you realise it doesn’t cover maternity or have as many cashless hospitals. If your family is expanding, that’s a red flag. Policy 2 or 3 might be the better choice long term.

    This is precisely why online tools help you to find the best health insurance plans. You’d probably miss these details if you were only talking to one insurance agent.

    Don’t Skip the “Exclusions” Section

    Most people skim through the benefits and ignore exclusions. Big mistake. Some health insurance plans don’t cover pre-existing diseases for the first 2 – 3 years. Others may exclude specific treatments like cataract surgery or joint replacement.

    When you buy health insurance online, every comparison site has an “exclusions” button or tab. Don’t skip it. It may not be exciting to read, but knowing what’s not covered is as important as knowing what is.

    Buying Online After Comparison

    Once you’ve shortlisted, buying health insurance online has its perks:

    ●    Time saving: Instant policy issuance (no waiting for paperwork).

    ●    Discounts: Some insurers give lower premiums if you buy directly online.

    ●    Transparency: you get all details in writing, no half-truths.

    ●    24/7 access: you can compare and buy anytime.

    Many people get a full mediclaim policy issued in less than 15 minutes online, no queues, no files, no hassle.

    So here are some main overview points that you have to keep in mind when comparing before you buy health insurance plans for family by using any online tool:

    ●    Evaluate your personal and family health requirements

    ●    Select a trusted online comparison tool

    ●    Check key features and coverage details of each plan

    ●    Understand what’s covered and what’s not

    ●    Look into claim history and settlement performance

    ●    Consider policy terms and optional add-on benefits

    ●    Directly compare multiple plans to spot differences easily

    Final Thoughts

    Honestly, picking the right health insurance isn’t as scary as it sounds. Many people just renew the same policy every year without even checking if it still works for them, and later regret it when bills pile up. Using an online comparison tool is super simple. You just spend a few minutes, see which plan covers what, check premiums, and figure out if it actually fits your family. That tiny effort can save a lot of stress later.

    When your renewal comes around, don’t just click “pay.” Take a moment, breathe, and see if your plan still makes sense. Look at the coverage, the hospitals included, maybe even check a rider or two. A few minutes now can keep you from scrambling when medical costs hit unexpectedly.

  • The Essential Guide to Third-Party Car Insurance for Vehicle Owners

    The Essential Guide to Third-Party Car Insurance for Vehicle Owners

    Owning a vehicle comes with more than just the freedom to travel at will—it also comes with legal responsibilities. One of the most important is having an active and valid car insurance policy. Among the various options available in India, third-party car insurance remains the most widely mandated and crucial form of cover for vehicle owners. But what makes it so essential, and how does it actually work?

    Understanding Third-Party Car Insurance in India

    Third-party car insurance is a legal necessity under the Motor Vehicles Act of 1988. This policy covers you against any liability that arises due to damage or injury caused to a third person, their vehicle, or property in an accident where you are at fault. Essentially, it ensures that you don’t bear the financial burden for harm caused to others while using your car.

    This type of insurance does not extend coverage to your own car or personal injuries, but rather acts as a safety net for everyone else affected by the incident. It is the most basic and compulsory form of motor insurance you must have to operate your vehicle legally on Indian roads.

    How Does Third-Party Insurance Protect You?

    Imagine being involved in a road mishap where your car damages another vehicle or causes injury to someone. Without the right insurance, you could be liable for paying medical bills, legal costs, or property repair expenses out of your own pocket. This is where third-party insurance steps in, covering all such costs within the limits set by regulatory authorities.

    Not only does this shield you from sudden financial stress, but it also ensures that the affected parties receive the compensation they deserve. By shifting this liability to the insurer, you avoid the emotional and monetary distress that could arise in such unfortunate events.

    Why It’s Mandatory—and Rightly So

    The law mandates at least third-party cover because it supports the wider safety net of road users. Accidents can be unpredictable and sometimes involve people or properties that are completely unrelated to the driver. By enforcing minimum coverage, the government ensures that victims in road incidents receive due compensation without unnecessary disputes or delays.

    From a governance standpoint, this also reduces the burden on public systems, such as hospitals or civil courts, by routing settlements through insurers. It contributes to a more structured and predictable system of accountability.

    What’s Actually Covered in a Third-Party Plan?

    The scope of third-party insurance is straightforward yet effective. It covers:

    ●    Property damage caused to third parties, including vehicles, walls, fences, etc.

    ●    Bodily injury or death of another person caused by your insured car.

    ●    Legal liabilities, including expenses involved in defending you in court if a claim is raised.

    While the sum insured for property damage may have certain limits, coverage for bodily injury or death is typically unlimited as per the law. This ensures victims of serious accidents are adequately compensated.

    Where It Falls Short: Key Exclusions To Know

    Although a third-party plan covers external damages, it excludes coverage for the policyholder’s own vehicle damage or personal medical expenses. So, if your car is badly dented in an accident, you would need to bear those repair costs unless you have a more comprehensive policy.

    It also doesn’t cover incidents where the policyholder was driving under the influence, without a valid license, or using the vehicle for unauthorised purposes like racing or commercial transport if the policy does not include those terms.

    How the Claim Process Works

    Once an accident occurs, the injured third party (or their representative) can file a claim under your insurance policy. The insurer, in turn, will assess the claim, verify documentation, and facilitate the settlement—whether through repair costs, hospital expenses, or legal support. Some insurers may even assist in court proceedings if a lawsuit is filed.

    Insurers like TATA AIG often handle these claims with a dedicated support system that helps you through documentation, estimation, and final settlement. This makes the process relatively smooth and much less stressful than going at it alone.

    Premiums and How They Are Calculated

    In India, premiums for third-party insurance are regulated by the Insurance Regulatory and Development Authority of India (IRDAI). The amount is mainly based on your vehicle’s engine capacity (in cc). A car with a smaller engine pays a lower premium, while a larger engine commands a higher rate. This system ensures fair pricing while keeping the policy affordable for the masses.

    These rates are revised periodically and applied uniformly across all insurers. This means there’s not much room for variation when it comes to premium costs for third-party coverage.

    Why More People Are Buying Third-Party Car Insurance Online

    In the age of digitisation, more and more consumers are turning to digital platforms to handle their car insurance needs. Buying third party car insurance online offers a number of advantages, such as quick policy issuance, ease of comparing multiple options, and convenient claim tracking—all without the need for an agent or paperwork.

    Moreover, most insurers now offer mobile apps or web portals that let you download your policy instantly, raise a claim, or renew your policy with minimal effort. This shift towards online insurance makes it easier to stay compliant with legal requirements while enjoying round-the-clock service.

    When Should You Upgrade From Just Third-Party Coverage?

    While third-party insurance is a legal must-have, it may not be enough if you’re looking for complete financial protection. If your car is new or you frequently drive in high-traffic areas, you might want to consider upgrading to a comprehensive plan. This would not only include third-party liabilities but also offer coverage for damages to your own vehicle due to accidents, theft, or natural disasters.

    Think of it as upgrading your basic safety net to a complete financial shield—one that takes care of both your liabilities and your assets.

    Conclusion

    Third-party car insurance is more than just a box to tick for legal compliance. It’s a fundamental form of protection that ensures your responsibilities as a car owner don’t turn into financial burdens. From compensating accident victims to shielding you against costly legal claims, this policy offers peace of mind every time you hit the road. Whether you’re a new driver or a seasoned commuter, understanding how this insurance works is the first step towards driving smarter and safer. 
     

  • How to Use a Health Insurance Premium Calculator Before Buying a Policy?

    How to Use a Health Insurance Premium Calculator Before Buying a Policy?

    As medical costs continue to rise, opting for the right insurance plan has become a necessity. While choosing a plan, people often find the process challenging due to the various types of plans available online.

    In such cases, a health insurance premium calculator proves to be a valuable tool, as it provides individuals with an estimate of a policy before making a purchase, enabling informed decision-making and financial preparedness.

    Read further to learn how to use this tool effectively and choose a plan that best fits individual needs.

    What is the Function of a Health Insurance Premium Calculator?

    A health insurance premium calculator is an online tool used to estimate the cost of insurance policies easily. It uses details such as age, coverage preferences, and location to compare different policies and understand the factors that may influence the policy’s coverage.

    Once the user fills in all the details, the calculator processes the information based on the insurer’s pricing criteria and shows the estimated pricing. Many reputable insurers offer this feature on their websites, making it easier for customers to plan, compare, and select the most suitable policy.

    What are the Steps to Use a Health Insurance Premium Calculator?

    Listed below are the steps involved in using one of the best health insurance premium calculator:

    ●    Step 1: Find the Premium Calculator

    Visit any chosen insurer’s official website, check the health insurance section for tools, and scroll to an option labelled “premium calculator.”

    ●    Step 2: Identify Your Insurance Needs 

    Decide the kind of coverage required, such as individual, family floater, or specialised plans like senior citizen or critical illness coverage.

    ●    Step 3: Enter the Required Details 

    Enter all the relevant information, such as age, gender, location, medical history, and preferred sum insured. For family coverage, it is essential to provide details for all family members.

    ●    Step 4: Read the Calculator’s Instructions 

    Some tools provide specific guidelines for entering data. Ensure you read this information to achieve accurate results.

    ●    Step 5: Select the Coverage Type 

    Choose between individual coverage, family floater, or specialised coverage. Add the required details of family members if applicable.

    ●    Step 6: Input the Sum Insured 

    Set the maximum yearly coverage you want. Ensure it is sufficient for medical needs while still staying within the budget.

    ●    Step 7: Choose the Policy Tenure 

    Pick the duration of the policy, usually 1,2, or 3 years. Longer durations often come with discounts and reduce yearly renewal hassles.

    ●    Step 8: Enhance the Plan with Add-ons

    Consider extras like maternity cover, personal accident cover, or critical illness protection. These add-ons boost coverage; however, they also increase the premium amount.

    ●    Step 9: Review and Compare 

    Click ‘calculate’ to view the estimated premium. Adjust factors such as sum insured or tenure to observe the changes. Compare results across different insurers before making a decision.

    It is always advised to choose insurance plans from a reliable insurer with a high claim settlement ratio. For example, Star Health Insurance reported 97% of cashless final approvals within 3 hours and access to over 14,000 network hospitals across India—making the process both efficient and reassuring.

    What are the Benefits of Using a Health Insurance Premium Calculator?

    A health insurance premium calculator offers numerous advantages, making it easier to choose the right plan. Listed below are the benefits of a health insurance premium calculator: 

    1. Quick Estimates 

    A health insurance premium calculator provides an instant idea of how much a policy will cost, eliminating the need to manually request quotes or wait for an agent’s response.

    2. Personalised Results 

    Health insurance calculators consider factors such as age, medical history, lifestyle, and desired coverage, ensuring that the displayed premium is tailored to the individual rather than being a generic estimate.

    3. Easy Comparison

    Premium calculators enable users to compare premiums and coverage side by side, allowing them to identify the plan that offers the best value.

    4. Budget Planning 

    The health insurance premium calculator enables users to plan their finances effectively and choose a policy that best fits their budget.

    5. Transparency

    The tool illustrates how various factors, including coverage amounts, add-ons, and co-pay options, impact insurance costs, providing users with a transparent view of their premiums.

    6. Convenient Access 

    Most health insurance calculators are available online and can be accessed at any time, allowing users to calculate and compare premiums easily.

    Therefore, using a health insurance premium calculator before purchasing a policy helps individuals make more informed and cost-effective decisions. It provides instant, personalised premium estimates based on specific factors and one’s coverage requirements.

    When it comes to planning one’s budget and finances more precisely, a health insurance calculator can help massively in terms of opting for the most suitable insurance plans for one’s needs.    
     

  • Simple Interest calculator: fastest way to calculate loan interest

    Simple Interest calculator: fastest way to calculate loan interest

    When you plan to take a personal loan, one of the first questions that comes to mind is – how much extra will I end up paying? This is where a simple interest calculator comes to your rescue. Instead of manually crunching numbers, this tool gives you quick results, helping you understand the total repayment amount in just seconds.

    Whether you are planning a small loan for emergency expenses or a big-ticket purchase, knowing the interest beforehand helps you make smarter decisions. A calculator not only saves time but also ensures you stay financially prepared.

    What is Simple Interest?

    Simple interest is the easiest way to calculate the cost of borrowing money. It is based on three components:

    ●    Principal amount – the actual loan you borrow

    ●    Rate of interest – the percentage charged by the lender

    ●    Time period – the duration for which the loan is taken

    The formula is straightforward:

    Simple Interest = (Principal × Rate × Time) ÷ 100

    For example, if you borrow Rs. 1,00,000 at an interest rate of 10% for 2 years, the simple interest would be:

    (1,00,000 × 10 × 2) ÷ 100 = Rs. 20,000.

    This means you will repay Rs. 1,20,000 in total.

    Why use a Simple Interest calculator?

    While the formula is easy, doing it repeatedly for different loan amounts and durations can be tiring. A simple interest calculator eliminates errors and gives instant results. Here’s why it’s helpful:

    ●    Time-saving – no manual calculations required

    ●    Accurate results – prevents mistakes in large numbers

    ●    Quick comparisons – helps you compare different loan offers

    ●    Financial clarity – know the total repayment amount in advance

    This clarity is especially useful when you are choosing between multiple lenders or loan tenures.

    Example: Rs. 50,000 personal loans

    Imagine you need quick funds for a medical emergency or urgent travel. Rs. 50,000 personal loans are often the go-to solution. Before borrowing, you’ll want to know exactly how much interest you will be paying.

    Let’s say you borrow Rs. 50,000 at 12% interest for one year.

    Using the formula: (50,000 × 12 × 1) ÷ 100 = Rs. 6,000.

    So, your total repayment will be Rs. 56,000.

    This simple example shows how a calculator can help you instantly understand the cost of borrowing.

    Benefits of knowing your loan interest

    When you are aware of your total repayment, it becomes easier to plan your monthly budget. You can:

    ●    Decide whether the loan fits into your financial plan

    ●    Avoid surprises during repayment

    ●    Compare offers and pick the most affordable option

    ●    Choose a suitable tenure based on affordability

    This financial foresight ensures that your loan becomes a helpful tool rather than a burden.

    How to use a Simple Interest calculator

    Most calculators available online are user-friendly. All you need to do is:

    1.    Enter the loan amount

    2.    Add the rate of interest

    3.    Select the loan tenure

    With just one click, you’ll see the exact interest payable and the total repayment amount.

    Final thoughts

    A simple interest calculator is the fastest way to estimate your loan cost. It allows you to make informed decisions, especially when exploring different personal loan options. Whether it’s a short-term borrowing like Rs. 50,000 personal loans or a higher amount, knowing the interest in advance ensures you stay in control of your finances.

    Before applying, always compare rates, check your repayment capacity, and use a calculator to keep your loan journey stress-free. 
     

  • Tax Benefits of ULIP Plans vs. Term Life Insurance: 2025 Update

    Tax Benefits of ULIP Plans vs. Term Life Insurance: 2025 Update

    In India, the world of finance is always changing, especially when you look at life insurance and ways to save on taxes. ULIP plans and term life insurance are popular for those wanting to protect their family and get the most out of tax breaks. If you’re planning to in invest in 2025, it’s good to know the tax differences between these options.

    What are ULIP plans

    ULIP stands for Unit Linked Insurance Plan. These plans mix investment and insurance together. A portion of what you pay goes to life insurance, and what’s left is invested in stocks, bonds, or a mix of both. How well those investments do decides how much your ULIP is worth later on. That’s why ULIPs can be a good pick if you want both insurance and a chance to earn some money from the market.

    What is term life insurance

    Term life insurance is a simple kind of insurance. It gives you risk protection for a set time. If you pass away during this time, your beneficiary gets a payment. It doesn’t have any investment or maturity payouts. People like it because it gives you a lot of coverage for a low price.

    Key tax benefits of ULIP plans and term life insurance

    Tax deductions under Section 80C

    Both ULIP plans and term life insurance premiums qualify for deductions under Section 80C of the Income Tax Act, 1961. You can claim a maximum deduction of up to Rs. 1.5 lakh per financial year.

    ULIP plans: Premiums paid for self, spouse, or children are eligible.  
    Term life insurance: Premiums paid for self, spouse, or children also qualify.

    The premium should not exceed 10% of the sum assured, else the deduction will be restricted. This rule is applicable for policies purchased after 1 April 2012.

    Maturity and death benefits under Section 10(10D)

    Section 10(10D) of the Income Tax Act offers exemptions on maturity proceeds for both ULIP plans and term life insurance, under specific conditions.

    For ULIPs: The maturity benefit, including bonus and top-up premiums, is exempt from tax if the premium amount does not exceed 10% of the actual sum assured. For policies issued after 1 February 2021, if the aggregate premium paid in any year for ULIP policies exceeds Rs. 2.5 lakh, the maturity proceeds will be taxable as capital gains.

    For term life insurance: Since these policies do not have any maturity benefit, the provision is relevant for the death benefit, which is always tax-free for the nominee.

    Death benefit exemptions

    In both products, the death benefit paid to the nominee is fully exempt from tax in the hands of the recipient, regardless of the premium amount paid.

    Taxation of surrender value

    ULIPs: If surrendered before completing five years, the surrender value is taxable as per your income tax slab. After five years, surrender value and gains are tax-free unless the annual premium exceeds Rs. 2.5 lakh for policies issued after 1 February 2021.

    Term life insurance: As there is no surrender or maturity value, this aspect is not applicable.

    Recent changes and 2025 updates

    High value ULIPs and taxability

    The Union Budget, 2021 introduced a rule that greatly impacts ULIP plans. If the annual premium paid on ULIP policies issued on or after 1 February 2021 exceeds Rs. 2.5 lakh, the maturity amount will no longer remain entirely tax-free. Gains above this limit are taxed as capital gains under Section 112A, which currently stands at 10% without indexation benefits for amounts over Rs. 1 lakh. In 2025, this rule remains unchanged. It is crucial for high net-worth individuals to evaluate the implications before purchasing multiple ULIP policies to maximise tax-free returns.

    2025 updates for Section 80C

    Section 80C is still the main way to get tax deductions on premiums you pay for ULIP plans and term life insurance. But, the total limit for each person is still Rs. 1.5 lakh. This includes all the investments that qualify, not just insurance premiums. New options like the National Pension System give you extra chances to save on taxes under Section 80CCD(1B).

    Comparing tax benefits of ULIP plans and term life insurance

    ULIP plans and term life insurance both provide tax benefits, but the nature and scope of these benefits vary. While both allow deductions under Section 80C, ULIPs offer additional advantages like tax-free maturity under certain conditions. However, ULIPs also involve complexities such as potential capital gains tax and taxable surrender value if exited early. The table below summarises the key differences:

    Practical examples for Indian policyholders

    Let us consider two investors, Rahul and Priya.

    Rahul buys a term life insurance policy with a sum assured of Rs. 1 crore and pays a premium of Rs. 12,000 per year. He claims this amount under Section 80C, and his nominee will receive a Rs. 1 crore death benefit, completely tax-free under Section 10(10D).

    Priya invests Rs. 2 lakh annually in a ULIP plan. She claims the premium under Section 80C. Upon maturity, since the aggregate annual premium does not exceed Rs. 2.5 lakh, her maturity proceeds will be tax-exempt under Section 10(10D).

    If Priya’s annual premium was Rs. 3 lakh, only the death benefit component would be tax-free. The maturity proceeds would be taxable as capital gains.

    Important considerations for choosing between ULIP plans and term life insurance

    Assess your financial goals

    ULIP plans suit those seeking long-term wealth creation with life cover. The market-linked nature presents both opportunity for growth and exposure to risk. Term life insurance remains best for those wanting to protect their family with a large sum assured and low cost.

    Evaluate premium limits

    To maintain tax exemption on maturity, ULIP investors should restrict annual premiums to Rs. 2.5 lakh across all policies purchased post-February 2021. Term life insurance premiums tend to be much lower for high coverage.

    Investment flexibility

    ULIP plans offer switching benefits between funds, catering to investors with changing risk profiles. This flexibility is not available with term life insurance.

    Conclusion

    For Indian investors in 2025, both ULIP plans and term life insurance are still key parts of a tax-smart financial plan. Term life insurance is simple, cheap, and covers a lot of risk, so it’s great if you just want protection. ULIP plans give you both life cover and a chance to grow your money with the market, plus good tax breaks if you follow the premium rules. Recent tax changes mean it’s really important to pick the right kind of policy and premium amounts.

    If you understand the tax perks, rules around Sections 80C and 10(10D), and how high-value ULIPs are taxed now, you can invest wisely. Always think about what insurance you need and how much you can save on taxes, and make sure your family’s financial safety comes first, not just quick gains. If you’re not sure what works best for you, talk to a financial advisor.  
     

  • The Rise of Online Astrology Consultations And How They’re Changing Lives

    The Rise of Online Astrology Consultations And How They’re Changing Lives

    Astrology has always been part of daily life in many cultures, and today, its online presence continues the traditional values with emerging technology. This shift helps to bring more clarity on relationships, career and personal growth. Astrology is a guide to know our destiny and the possible outcome of our actions. In this context, here is a simple guide to understand why this traditional culture is taking a modern shift.

    Why are Online Astrology Services Increasing?

    Digital astrology gained popularity during the COVID-19 pandemic, when all business meetings and education were shifting to the online mode. Meanwhile, the most influential factors for the rise of online astrology have become its convenience, privacy and accessibility. After you register on such platforms, you can talk to an astrologer for free, anytime and anywhere, for the first time.

    What are the Main Services Available on Online Astrology Platforms?

    Online astrology platforms are expanding to offer more services apart from the simple daily horoscope creation, comparison, and checks. Each service has its own significance, and it ensures that every person gets targeted insights as per their life circumstances. Here are some of them:

    1. Convenient Online Consultations

    Online astrology services allow you to instantly connect with an astrologer via chat and calls. This communication strategy increases accessibility to professional advice at your convenience.

    2. Personalised Horoscope Reading

    You can access customised horoscope predictions just by providing your birth details like time, date and place to the astrologers. These readings allow you to get insights about your strengths, challenges you may face and life opportunities.

    3. Comprehensive Kundali Matching

    This calculator allows you to compare the Gunas of the bride and groom to highlight potential strengths and challenges in their relationship. The higher scores on the Kundali represent the strengths and weaknesses of their bond. However, those getting lower scores need not worry, as these astrologers also offer suggested remedies and solutions.

    4. Daily Panchang Information

    Panchang has Tithi, Yang, Nagstar, and Karan information. They also give insights about he time of sunset, sunrise, moonset, and moonrise. These aspects are used in determining auspicious moments for carrying out different events and rituals.

    5. Detailed Kundali Reading

    Kundali is used as the cosmic blueprint to indicate different aspects of life, including health, career, love, etc. All you have to do is provide information such as your name, date of birth, gender, place and time of birth to receive your kundali through online astrology services.

    6. 24/7 Expert Availability

    Online astrology services are always available to answer your queries. Many of them offer free talk to astrologers for kundali or horoscope reading. You can get in touch with these experts anytime, depending on your convenience. Since the conversation is discreet, you can discuss anything without worrying about the information getting leaked.

    How Technology is Shaping Astrology?

    Technology is enhancing online consultations with expert astrologers. You can connect with experts through the following methods:

    ●   Chat: You can instantly chat with astrologers to bring clarity about kundali reading, panchang information and many more.

    ●   Call: Calling allows you to express your needs clearly and describe in detail what you are looking for.

    Why You Should Prefer Online Consultation?

    Online astrology consultation brings privacy and convenience in one place. With platforms like Astrochat.com, you will get free talk to astrologers to discuss issues related to your relationships, marriage compatibility, career growth, health and many more. So, register and get comprehensive guidance about life!   
     

  • KathaVersse Media Network appoints Ravi Luthria as Chief Revenue Officer

    KathaVersse Media Network appoints Ravi Luthria as Chief Revenue Officer

    KathaVersse, the content IP company on a mission to build a “Marvel for Bharat”, has appointed Ravi Luthria as its Chief Revenue Officer.

    An IIM Lucknow alum and former Head of Videos at Pocket FM–US, Ravi is a seasoned strategic and entrepreneurial leader with over 20 years of cross-industry experience spanning content, FMCG, marketing, and content-tech. He has successfully led multi-crore P&L mandates, scaled content businesses, and built high-performance teams in India, the U.S., and beyond.

    With deep expertise in branded content IPs, IP monetization and scaling, and emerging technologies such as Generative AI, Ravi is known for combining big-picture vision with disciplined execution. 
    In his new role, Ravi will drive KathaVersse’s revenue engine, monetize Digital Commentary — the company’s flagship non-fiction platform with a 1.1M+ community and 120M+ monthly views — and lead its services division KVGYAPAAN. 

    Positioned as a Video-as-a-Service (VaaS) brand, KVGYAPAAN delivers high-impact, platform-optimized video campaigns for brands, social media content creation and strategy for brands including the high quality Micro Dramas for Micro Drama OTT’s and more. 

    With an ambition to become one of India’s largest IP companies, Ravi’s focus will be on integrating IPs with advertiser partnerships in innovative, ROI-driven ways — addressing a market where Indian youth now spend 3.5–4 hours daily consuming video content.

    “What impressed me most about KathaVersse is the absolute clarity and scale of their IP ambition. The founding team is already well on their way to making this vision a reality,” said Ravi.

    Aakash Kumar, CEO of KathaVersse, added: “Ravi is one of the most important additions to our core team — a game-changer for IP monetization and scaling. His content business expertise makes him the perfect fit for our next growth phase, as we gear up to launch 10+ universe- and format-driven long-form IPs over the next 15 months.”

    For partnerships and brand enquiries: connect with Ravi Luthria on LinkedIn. 
     

  • Top Retirement Plans for Salaried and Self-Employed Professionals in 2025

    Top Retirement Plans for Salaried and Self-Employed Professionals in 2025

    Retirement planning supports a structured financial approach for salaried and self-employed individuals. It allows individuals to prepare for future income needs after their active working years end. Planning early may help individuals set up regular income options. Various pension and annuity plans are available in 2025 for individuals with different financial goals. Also, many plans offer options such as immediate payouts or deferred income structures. This article explains the top retirement plans for salaried and self-employed professionals in 2025. 

    Retirement Plans for Salaried and Self-Employed Professionals 

    The retirement plan for salaried and self-employed professionals in 2025 is as follows: 

    National Pension System (NPS)  

    The National Pension System is a voluntary scheme managed by the Pension Fund Regulatory and Development Authority (PFRDA). It is available to salaried employees, government staff, and self-employed persons. Individuals contribute to their pension account regularly during their working years. At retirement, some part of the accumulated fund can be withdrawn as a lump sum, and the remaining portion may be used to buy an annuity plan. Contributions made under NPS are eligible for tax deductions under Section 80CCD. 

    Public Provident Fund (PPF)  

    The Public Provident Fund is a long-term savings scheme supported by the Government of India. It is available to both salaried and self-employed individuals. The scheme has a 15-year lock-in period, and contributions earn interest at a rate decided by the Ministry of Finance every quarter. The interest earned and the maturity amount are exempt from income tax. Individuals can contribute a fixed amount every year, and partial withdrawals are allowed after 6 years of opening the PPF account. 

    Annuity Plans  

    Annuity plans are available through life insurance companies and can be suitable for those nearing retirement. Individuals invest a lump sum amount, and the insurer provides regular payouts for life or a fixed duration. Annuity options include immediate annuity, deferred annuity, and joint life annuity. These plans do not allow the withdrawal of the principal amount but offer fixed income during the post-retirement period. An annuity plan can be helpful for self-employed individuals who want a predictable payout pattern. 

    Senior Citizens’ Savings Scheme (SCSS)  

    The Senior Citizens’ Savings Scheme is designed for individuals aged 60 years and above. It is available through banks and post offices. The scheme allows a one-time investment, and interest is paid quarterly. The interest rate is reviewed every quarter by the Ministry of Finance. SCSS has a tenure of five years and may be extended by three more years. The SCSS can be suitable for retirees who seek regular interest income in their retirement years. 

    Life Insurance Retirement Plans  

    Many life insurance providers offer pension or retirement-focused insurance policies. This plan combines savings with life coverage, and both salaried and self-employed individuals can buy life insurance retirement plans. This plan usually involves regular premiums or a one-time payment. On maturity, a part of the amount can be paid to the policyholder as a lump sum, while the rest is used to offer periodic income. Many life insurance retirement plans offer deferred annuity or immediate annuity options, based on the policyholder’s age and preference. 

    Atal Pension Yojana (APY)  

    Atal Pension Yojana is a government-backed pension scheme mainly aimed at unorganised sector workers. However, any Indian citizen between 18 and 40 years of age may join. People who enrol for this yojana can receive monthly pension benefits after reaching the age of 60. The contribution amount depends on the chosen monthly pension and the age of entry. 

    Voluntary Provident Fund (VPF)  

    The Voluntary Provident Fund is an extension of the Employees’ Provident Fund. It allows salaried employees to contribute a higher percentage of their salary beyond the mandatory EPF amount. The interest rate is usually similar to EPF. Additionally, it offers tax benefits under Section 80C, and the maturity amount is tax-exempt if certain conditions are met. VPF may suit those who want to increase long-term savings through payroll deductions. 

    Retirement-Linked Mutual Funds 

    Retirement-linked mutual funds are designed to support long-term retirement planning objectives. These funds typically follow equity or hybrid investment strategies and are suited for long-term goals. They may include lock-in periods and step-down strategies that gradually reduce equity exposure as the investor nears retirement. These funds are available to both salaried and self-employed individuals. Retirement-linked mutual funds provide flexibility in contribution amounts and allow investment through systematic investment plans (SIPs). 

    Conclusion 

    Retirement planning is an important part of long-term financial preparation. Choosing a plan with suitable annuity features may support future income after regular employment ends. Retirement products vary in structure and may include options for single life or joint life annuity, immediate or deferred income. Understanding how these options work helps individuals select plans that match their financial goals. It is important to review the terms of each policy carefully before making a decision. All information should be read directly from the official website of the provider for an accurate understanding. 

    Disclaimer: The information provided above is for informational purposes only and is not intended as professional or legal advice. The Insurance Regulatory and Development Authority of India (IRDAI) is not responsible for any decisions made based on the information. 

  • Role of ESG Factors in Stock Trading Decisions

    Role of ESG Factors in Stock Trading Decisions

    Have you ever wondered why some investors look beyond financial statements before picking shares? In recent years, ESG factors, environmental, social, and governance considerations, have become an integral part of stock trading decisions across the world, including in India.

    For participants opening their first portfolios or those planning to open a demat account for long-term goals, ESG is no longer just a niche topic. This article explains how these factors shape decisions and what investors need to understand in a practical, easy-to-follow way.

    What Are ESG Factors?

    ESG stands for Environmental, Social, and Governance. These three areas provide a framework for evaluating how responsibly and sustainably a company operates.

    Environmental

    ●    Covers how a company manages its environmental footprint.

    ●    Energy use and efficiency

    ●    Waste management practices

    ●    Carbon emissions reporting

    Social

    Refers to how a business manages relationships with employees, customers, and communities.

    ●    Employee welfare and diversity

    ●    Labour rights and workplace safety

    ●    Community engagement

    Governance

    Looks at the internal structures and decision-making processes of a company.

    ●    Board independence and structure

    ●    Transparency in disclosures

    ●    Ethical business conduct

    Understanding these pillars gives investors a clearer picture of how companies operate beyond numbers and financial ratios.

    Why ESG Matters in Stock Trading?

    For many investors, stock markets are not only about returns but also about aligning investments with values and long-term stability.

    Risk Management

    Companies that ignore environmental or social responsibilities may face penalties, reputational risks, or operational setbacks. Factoring ESG into stock trading helps investors identify such risks early.

    Market Perception

    ESG-conscious firms often attract more positive attention from institutional investors. This sentiment can influence demand for shares in both primary and secondary markets.

    Long-Term Considerations

    While short-term gains may appeal to some, others opening a demat account for retirement or wealth-building often view ESG as a marker of sustainable performance.

    Growing Importance in India

    The conversation around ESG has gained momentum in India over the past decade.

    Regulatory Push

    Indian regulators have encouraged companies to disclose ESG-related information. With more transparency, investors can evaluate how businesses address sustainability and governance concerns.

    Rising Awareness Among Retail Investors

    ●    Social media discussions around responsible investing

    ●    Broking platforms highlighting ESG-focused funds

    ●    Greater curiosity from new investors about ethical practices

    As a result, even retail investors exploring open demat account options now find ESG-friendly products available to them.

    How Retail Investors View ESG Factors

    For retail participants, ESG may appear as a complex concept. However, it is increasingly being integrated into decision-making processes.

    Practical Filters

    ●    Checking company sustainability reports

    ●    Reviewing governance scores from rating agencies

    ●    Observing industry-wide environmental practices

    Everyday Influence

    For example, investors may prefer companies with clear environmental initiatives or transparent governance structures when selecting shares for stock trading.

    ESG and Investment Products

    The Indian market has gradually introduced products catering to ESG preferences.

    ●    ESG-Focused Funds: Mutual funds and exchange-traded funds (ETFs) highlight their ESG orientation, making them accessible for individuals without requiring advanced research skills.

    ●    Direct Stock Trading: Retail investors may also apply ESG filters before applying for IPOs or purchasing shares through their demat accounts.

    ●    Balancing ESG with Other Factors: While ESG is important, it does not replace traditional financial analysis. Investors often combine both approaches.

    Common Approaches

    Here are the common things you can consider:

    ●    Analysing balance sheets and profit margins alongside ESG disclosures

    ●    Considering industry-specific risks (for example, energy vs. IT)

    ●    Comparing governance practices across competitors

    By doing so, participants achieve a more balanced outlook on stock trading decisions.

    Role of Technology in ESG Evaluation

    Digital platforms are making ESG integration easier for investors.

    ●    Online Tools and Research

    ●    Broking apps highlight ESG scores

    ●    Independent agencies publish ESG rankings

    ●    Digital reports summarise environmental and social data

    This enables even new investors who recently open demat account to access ESG-related insights without specialised knowledge.

    Benefits Observed by Investors

    While experiences differ, several themes often emerge when investors consider ESG factors.

    ●    Greater trust in company practices

    ●    Awareness of broader market trends

    ●    Opportunity to support sustainable industries

    These aspects add depth to stock selection beyond traditional financial metrics.

    Challenges with ESG Integration

    Despite its rising importance, ESG investing is not free from challenges.

    ●    Lack of standardised disclosure formats

    ●    Subjective interpretation of what qualifies as ESG-compliant

    ●    Limited historical data in certain sectors

    ●    Investors must stay aware of these limitations when making decisions in stock trading.

    The Future of ESG in Indian Stock Markets

    The role of ESG in investment decisions is expected to expand as markets evolve.

    ●    More companies adopting sustainability disclosures

    ●    Improved rating frameworks for governance and social factors

    ●    Growing participation from retail investors through demat accounts

    As awareness grows, ESG is likely to become a mainstream consideration rather than a niche approach.

    Tips for Retail Investors Exploring ESG

    For individuals interested in ESG-focused investing, a few practical steps can simplify the process.

    ●    Start small by reviewing sustainability reports

    ●    Diversify holdings with ESG-focused mutual funds

    ●    Use broking platforms that provide ESG screening options

    ●    Keep financial goals aligned with risk appetite

    By taking such measures, investors integrate ESG into their approach without making the process overwhelming.

    Conclusion

    The integration of ESG factors into stock trading is steadily shaping how investors think about the market. ESG awareness has been adopted included within the learning curve of many Indians who are pondering the idea of opening a demat account or not. Between challenges and the trend, there is a greater change in investor priorities.

    Instead of paying attention only to the short-term key performance indicators, market actors will pay more attention to the way companies engage with the society, the environment and their domestic governance. This responsibility-performance balance has been slowly reconstituting investment behaviour in India.