You can buy LIC's Jeevan Akshay VI policy offline (via LIC agent or from LIC Branch) or online. But we had recommended that to buy it online, to get 1% increase in the basic annuity rate. Why go for Online Buying Option? 1- Incentive for online buyer - 1% increase in the … [Read more...] about How to Buy LIC's Jeevan Akshay VI Online?
How to Transfer PPF Account from Post Office to SBI?
Maintaining a PPF account in Post Office is bit difficult and time consuming (go to deposit money one day and go again to update the passbook). With no online option. But now you can transfer your Post Office - PPF account to SBI. Documents you Need 1- Write an Application … [Read more...] about How to Transfer PPF Account from Post Office to SBI?
Apollo Munich's Optima Restore Health Plan : Review
Apollo Munich has a unique health insurance with innovative features called - "Optima Restore". The best feature of this plan is the restore feature of Sum Insured and NCB multiplier work simultaneously. … [Read more...] about Apollo Munich's Optima Restore Health Plan : Review
LIC's Jeevan Akshay VI : Review
It is an Immediate Annuity plan, which can be purchased by paying a lump sum premium amount. The plan provides for annuity payments of a stated amount throughout the life time of the annuitant. Salient Features of Jeevan Akshay VI 1- Immediate Annuity Plan - Annuity starts … [Read more...] about LIC's Jeevan Akshay VI : Review
How to get Discount in Car Insurance Premium for Anti-Theft Device?
The Indian Motor Tariff allows discount for installation of anti-theft devices in the insured vehicle. The relevant provision of the Motor Tariff says, "Vehicles (other than those covered under Motor Trade policies) fitted with anti-theft devices approved by Automobile Research … [Read more...] about How to get Discount in Car Insurance Premium for Anti-Theft Device?
How NRIs can buy LIC Policies?
NRIs can buy LIC Life Insurance cover under Non-Medical (Special) scheme or Medical scheme, depending on their health, sum insured they are opting for and where (country) they are working - What is a Non-Medical (Special) Scheme? 1- Applicable if insurance is obtained during … [Read more...] about How NRIs can buy LIC Policies?
How to Open a Senior Citizen Savings Scheme (SCSS) Account?
The SCSS account can be opened in only designated branches of post offices and banks (State Bank of India, State Bank of Hyderabad, State Bank of Bikaner and Jaipur, State Bank of Patiala, State Bank of Mysore, State Bank of Travancore, Allahabad Bank, Andhra bank, Bank of … [Read more...] about How to Open a Senior Citizen Savings Scheme (SCSS) Account?
Senior Citizen Savings Scheme (SCSS) Account : FAQs
How to open SCSS Account? SCSS account can be opened up in post office and banks. You need to fill and submit Form A and deposit amount with Form D. Check the complete process here. What is the current interest rate of SCSS Account? From 1 April' 2012 - the interest rate for … [Read more...] about Senior Citizen Savings Scheme (SCSS) Account : FAQs
How NRIs can buy Life Insurance in India?
Can NRIs buy a Life Insurance in India? Yes, as per Reserve Bank of India (RBI) Non-Resident Indians (NRIs) can buy insurance in India. What are the Advantages of buying Life Insurance from Indian Insurer? Apart from the life insurance coverage that it offers, there are two … [Read more...] about How NRIs can buy Life Insurance in India?
How to Pay LIC Premium Online (LIC Pay Direct), without Registering?
The old online premium payment process of LIC, ask you to register on LIC India website with a User ID and password. But If you forgot your user id and password then you have no option but to go to LIC branch and pay the premium. LIC now has introduced a new payment method - LIC … [Read more...] about How to Pay LIC Premium Online (LIC Pay Direct), without Registering?