General Insurance policy : Your Second Life

Insurance is a kind of protection, a form of hedging and a way to reduce risk that is prevalent to your life. Insurance is a defense against the exposure to the effects of unexpected events and happenings. Insurance is an answer to all kinds of problems.

There are way too many types of Insurance's provided by Iffco Tokio General Insurance ranging from Car and home Insurance to boiler and pet insurance. Insurance is a means for many people to ensure their security as well as of their loved ones. Insurance has become an essential part of every persons' life. Its such an universal product that almost every person on this globe banks on it and has some form of insurance or the other either on him or something dear to him. Insurance has become very diversified with Jennifer Lopez getting her butt insured for a $ 1 million or Paris Hilton getting her pooch carry bag insured. Insurance has become a mass product with products diversified, changed and modified according to individual customer needs. Many types of insurance can be clubbed together or unique insurance policies can be created for even the most ordinary everyday customer.

Major advantages of having an insurance policy from Bajaj Allianz General Insurance are many but a few are mentioned below :
Convenience
Save Money
Emergency solutions
Comfort
Stress Relieving

And as very well mentioned by iffco tokio general insurance in their advertisements “Muskurate Raho” and expertly described by the Bajaj allianz general insurance “ When you're protected you live carefree”.The above statements pretty much sums up the meaning of Insurance to the common people. Insurance is important to anyone's future financial planning and an easy cost effective way of reducing risk. Insurance can save your life and make it less stressful and let you concentrate on the finer things in life.

Indian Real Estate- turning Realty into reality

You don't need to be an economist to realise that real estate sector in India is witnessing resurgence. Real Estate, as a sector is also considered as a great employment generator and could play a vital role in growth of cement, steel and other connected industries. A study reveals that for every one crore (10 million) rupees of investment in housing, nearly 290 industries in the building material sector get activated beside, the core manufacturing sector constituting of cement, steel and bricks. The increasing demand for Indian real estate has not only generated employment, it has also recorded growth in steel, cement, bricks and other related industries. It is estimated that the development in Real Estate in India is increasing by as much as 30% every year. Approximately eighty percent of Indian real estate sector has been developed for residential space, and only 20% of it includes shopping malls, office complexes, hospitals and hotels.

That's not all according to the latest Real estate research, it is expected that revenue in the same sector would increase to $102 billion from $14 billion in the next decade. There has been an increase in the mass consumption pattern in India and new trends are also altering the consumption pattern of luxury goods and corporate houses due to great purchasing power of the people in the retail field of real estate.

India needs a strong infrastructure to support its development processes and perhaps investment in real estate is the best way to boost up the development. More than 50 shopping malls are going to set up at National Capital Region (NCR) alone. Other places include Mumbai, Bangalore, Chennai, Chandigarh, Ludhiana and Ahmedabad. It easily indicates the growth level of the real estate developers. Due to ever-increasing Indian population, the residential sector is also witnessing a surge in demand. As per industry reports, currently, there is a requirement of 19.4 million residential units in India which offers huge opportunities to the real estate developers in the segment. Nowadays, Indian masses too are getting more support from the financial institutions like HDFC, SBI and ICICI who are providing home loans at optimum interest rates. The Indian real estate is maturing day by day and it can be reflected from the fact that big real estate developers like DLF, Ansals, Parsvnath and Omaxe are coming up with their Initial Public Offering (IPO).

The foreign real estate developers like Signature from Dubai, Ayala from Philippines and many more from Malaysia and other parts of world are also planning to invest in India.

Credit Card: My Plastic Saviour

Let me explain this piece of plastic which has changed my life, my bank balance and also my spending habits. It is called Credit Card. It has enlightened many lost souls about the importance of financial planning and living within your means. Credit Cards are a very popular source of short term credit for individuals in developed countries and have also established themselves in India to some extent as well.

I have Cards from two banks basically. There is one I got from SBI or 'The State Bank of India' and the other from 'Standard Chartered'. The SBI credit card I got from my father was really cool. It had these reward points scheme which was like this, for every Rs. 100-125 spent, like through the Gold Card, one gets a point for every Rs. 40 spent and 8 points for every Rs. 100 spent on their co-branded one with Tata. The value of every point ranged from 30 paisa to a Rupee. I get reward points on buying fuel as well a fuel surcharge waiver, book my Railway tickets online, pay my utility bills and their ATMs are like everywhere.

Now the Standard Chartered Credit Card gets me a 5 % cashback on fuel and my phone bill. Then the 1 % cashback on everything else. I had gone for this holiday in Jaipur and there I discovered that you get 20 % discount on tariffs through this credit card if I stay at Fortune Hotels. My father has Standard Chartered Credit Card, the business one. The SBI Credit Card is the employee one. And together and separately they are proving to be very beneficial for my finances.

Credit cards are a pretty good alternative and can prove an asset but it has to be used very wisely. They are to be used very sparingly and not as a second source of money. Credit Cards details need to be protected and kept secret. Credit Card details once leaked can be easily misused, so you better stay watchful.

So, if you do not want to play the lead role in the above-mentioned unfortunate chain of events then better try to use your credit card wisely and judiciously. Try to take advantage of the little schemes and reward plans. Use it for the service it provides such as online transactions etc and keep away from expenses you cannot afford. One can actually save a considerable amount of money with the help of credit cards. Just try to maintain distance from the dark side.

Easy Car Loans in India

'Dreams have no legs', I always heard this since, I have been a small kid of five. But, in the modern world especially in India, owning a four wheeler is one dream that almost everyone is running after.

Cars have always been featuring on every one's charm list, be it a new car or a used one. They come in many colors, many varieties and models of cars on sale in India. The product portfolio of cars in India has been growing day by day. Almost every auto brand has now been looking forward to encashing the potentiality of the market of India as the buying capacity of Indian middle class and upper class has been on rise quarter after quarter. This is one of the main reasons that even during the time of recession when world-over car manufacturing firms were fighting for survival, positive growth Indian auto market was witnessed.

The small car segment in India has attracted the most attention. Maruti 800, one of the first city cars, manufactured by Maruti Udyog Ltd in India, is the largest selling car in India. Gradually, situation improved and today we find as many (more than) 20 auto-major firms competing against each-other to acquire higher share in the segment. Its not only the small car segment that has gained momentum but has also caught the fancy of interested car manufacturers, who are looking for an opportunity to foray into the Indian market. Mid-size car along with luxury class cars have been given due credit by the Indian customers. Its every one's dream to own a car and that can some times be realised by opting for car loans.

If you have been dreaming off purchasing your dream car, than there are ample of options available in different Car Loan Schemes. Features like low interest rates, easy repayment options, total transparency has made owning a car in India, a reality. The twentieth century is an era of instant buys. Even the Research suggests that 60% of the cars bought in the last decade were through finance. The consumer is being offered so many options in car loans that he certainly need not take tension regarding it. I think these days, owning a car is just a bank away.
Other most important aspect, which you should consider after buying a car is car Insurance. Future always eludes you as it is unknown. Same is in the case with your dream car , you need to protect it with Insurance. India Car Insurance has opened a new window for insurance sector in India, which has resulted in higher revenue generation to the insurance companies. On other hand, car insurance also relieves you from the burden of incurring various unprecedented expenses.

Discard your worries with credit cards

“Buy today and pay later”, credit cards are all about that only! No wonder, it increases shopping capabilities of the people. With 52 days grace period , consumers are happy to shop with a greater interest. Today almost every bank is providing this facility. The World 's local bank – HSBC credit cards offers Platinum, Gold, Classic and Co-branded credit card with special features.

HSBC Platinum credit card :- This card belongs to the elite section of the society. If your annual income is around ten lakhs, then you are eligible for this card. It offers a large number of features and benefits. You will get two reward points for every Rs.150 spent from your credit card. The card also offers you the cash back facility with 10 % cash back over airline tickets, hotel and holiday packages. Bank is charging an annual fees of Rs. 3999 and a joining fees of Rs.1999 with add-on facility .

HSBC Gold credit card :- HSBC credit cards segment is providing this card with special money and time saving features. Along with lower interest rate you can also avail the discount of 30 % on movie tickets at INOX. Card also allows 10 % cash back over airline tickets and holiday packages. You will also get a reward point on every spending of Rs. 100 from your credit card.

Classic Credit Card:- It helps you to save money and the time both. HSBC and Make my trip provides you 7 % discount over Domestic hotels and holidays, 5% discount over international holidays. It is also offering you a 10 % discount over International accommodation. A salaried person with annual income of rupees 1 lakh can grab this card while a self employed person can have this card on Rs. 72000.


Westside Credit Card:- it has been launched in a tie-up with Westside to complement with the lifestyle of elite section of people. You will get good discounts on shopping with Westside. On this card, you will get 4 reward point for spending Rs. 100 from your credit card. Bank is charging Rs. 2000 as annual fees and Rs. 1000 for add on service with no joining fees.

HSBC Classic Westside Credit Card :- It offers a great shopping discounts on international purchasing also. With 24 x 7 customer access facility, it offers you complimentary Gift Voucher worth Rs. 150/- on Joining, which is its USP. You have to pay Rs. 750 annual fees and Rs. 350 add on service.

Online Banking – a boon in a busy life

If you are like most people, you would have definitely heard a lot about online banking but probably you have not tried it yourself. You still use orthodox and outdated methods to pay your bills through mail and deposit checks at your bank branch, the same way your parents did. But now you may shop online freely for your entire life, insurance loan, or a home mortgage, but when it comes time to commit, you feel more comfortable working with your agent, you know or a banker you trust.

Online banking is not in the market to change your money habits, instead, it uses the computer technology to provide you the option of forgetting the time-consuming, paper-based aspects of traditional banking so that you can manage your finances more quickly and efficiently.Almost every bank provides this facility, whether it is Axis bank or it is ABN Amro Bank.

There are plenty of features that the banks provides with online banking. Lets take an example say Axis Bank that provides Online Balance inquiry for Savings Bank Account, Current Account, Term Deposits, Loan Account, Most of them even provide transactions details of your account, solve Online Transaction Query and provide many other facilities.

On the other hand ABN Amro Bank is more security oriented, beside providing all the state of the art features and facilities in online banking, it also provides a peace of mind with its high end secured banking solutions.

Online banking is all you need to make your work done in seconds whether it is booking of flights or checking your last transactions or transferring of funds. It provides the solution for each and every banking service online and what more it is safe to access. So if next time you are standing in a queue to for your transactions, just go for online banking

Shopcorn.in : The Best deals Available Online

I was looking for the best buy deals available through online shopping when I came across this recently launched portal by the name of Shopcorn, and am finding this as one of the best online shopping portals, mainly due to the fact that it has which has best buy deals put by the users, which makes the experience more authentic.

The deals box feature is awesome, and one can find plenty of nice and attractive deals there and can also upload interesting deals for others to watch, which is quiet a new concept, and one that adds value to the online shopping experience, which always comes with apprehensions regarding the quality of the product and how genuine it is, but shopcorn seems to have properly taken care of that part. Almost all kinds of products are available here at competitive prices . The section is quiet interesting as I can also pick any product which I feel is a nice deal, or kick if the product doesn't interests me. How easier it becomes to buy products, if one gets an opinion about it from others, but it's a little strange that none of the present portals like rediff, indiatimes,etc. Don't have this basic feature which I feel would definitely attract users and make sure that their apprehensions regarding online shopping completely disappear.

Further, I can also watch videos of the products that are available for the deals present on the website . These videos show the different models, their functioning and based on that, anyone can easily choose for buying the product. There is another section for comparing travel prices and it also has options for booking hotels with the best price deal. It has a huge list of hotels from over India as well as overseas, which makes it quiet a remarkable portal.

All in all, I have throughly enjoyed my experience on the website, and look forward to more upcoming features eagerly.