Dear subscribers, hope you are enjoying our articles on various crucial topics… likewise this time we have brought you some eminent tools and supreme investment options. Feel free to explore these options and let us know if the same interests you.
Whenever we think of taking a loan… the first question that pops in our mind is how much will be the EMI ? Following is an easy EMI calculator which can prove to be very handy.
EMI Calculator for a loan of Rs. 1 lakh
| Tenure | 5 years | 10 years | 15 years | 20 years | 25 years |
| 8% | 2028 | 1213 | 956 | 836 | 772 |
| 10% | 2125 | 1322 | 1075 | 965 | 909 |
| 12% | 2224 | 1435 | 1200 | 1101 | 1053 |
| 14% | 2379 | 1613 | 1400 | 1317 | 1281 |
Premium Reckoner
The simplest form of life insurance is surely term insurance plan which provides financial protection for the dependants when you are not around. Selecting a best term insurance plan is a task to do, hence in order to make your work simple we have come up with an overview of premiums of various term insurance plans.
|
Premium in Rs. For 25-year-old male (term 30 yrs) |
Premium in Rs. For 35-year-old male (term 20 yrs) |
Premium in Rs. For 45-year-old male (term 10 yrs) |
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|
Insurance cover (Rs.) |
10 lakh |
25 lakh |
50 lakh |
1 crore |
10 lakh |
25 lakh |
50 lakh |
1 crore |
10 lakh |
25 lakh |
50 lakh |
1 crore |
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|
Aegon Religare iTerm Plan |
NA |
2893 |
4101 |
7191 |
2056 |
3933 |
5450 |
10000 |
3304 |
6320 |
10168 |
19326 |
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|
Aviva i-life |
NA |
3193 |
4124 |
7218 |
NA |
4612 |
5845 |
10691 |
NA |
9184 |
11162 |
21285 |
||
|
Bharti AXA eProtect |
NA |
3174 |
4101 |
7191 |
NA |
4523 |
5674 |
10450 |
NA |
8989 |
10899 |
20674 |
||
|
HDFC Click 2 Protect |
1977 |
3735 |
5506 |
9663 |
2652 |
5253 |
7191 |
12697 |
4708 |
9270 |
12922 |
22921 |
||
|
ICICI Prudential iCare |
NA |
4073 |
6686 |
11910 |
NA |
5674 |
9494 |
17079 |
5146 |
10224 |
17640 |
32584 |
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Corporate Bond Overview
Here are some corporate bond rates which are available for investments.
| Bond Name | Coupon Rate | Ratings | Tax Benefit | Tenure (Yrs) | Interest Date | Mode Of Interest |
| National Highways Authority of India | 6.00% | AAA/ Stable by CRISIL | SEC 54 EC | 3 Yr | 1st April* | Annual |
| RBI Bonds | 8.00% | NA | NA | 6 Yr | 31st Jul & 31st Jan | Half Yearly |
| REC Bonds | 6.00% | AAA | SEC 54 EC | 3 Yr | 30th June | vAnnual |
List of Corporate Fixed Deposit
Here are some corporate FD’s which are available for investments.
| Company Name | Interest Rate | Tenure | Rating |
| Shriram Transport Finance – Unnati | 10.75% | Yearly – For 60 months | CRISIL – FAA+ & ICRA – MAA+ |
| Mahindra & Mahindra Financial Services | 10.25% | Cumulative – 36 months | CRISIL Rating – FAAA |
| PNB Housing Finance Ltd. | 9.30% | Cumulative – 36 months | CRISIL – FAAA |
| HDFC Platinum Deposits | 9.40% | Half yearly – For 22 months | CRISIL- FAAA & ICRA – MAAA |
| LIC Housing Finance | 9.50% | Cumulative – 60 months | CRISIL – FAAA |
| SIDBI | 8.75% | Cumulative – 12 to 13 months | – |
| Gruh Finance Ltd. | 9% | Yearly – 84 months | MAA+ – ICRA & FAA+ – CRISIL |
| HUDCO | 8.90% | Yearly – 36 months | FITCH – TAAA & CARE – AA+ |
If you have any queries relating to the above article feel free to ask, Let us know if anything interests you. We will keep providing you such updates, so stay tuned and keep reading