|In: Finance|Last Updated: | 0 Comments

Have you been thinking about moving to the United States of America [US]? Becoming familiar with the current immigration laws may well be your first step. While you are at it, give some thought to where you should set up your new home. Many US cities welcome immigrants with open arms. What are some of these immigrant-friendly cities where you can live in peace, earn a good living, and transfer money to India with ease? Let’s find out.

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Moving to the US

Many Indians move to the US for various reasons. You may know of techies who are sent to the US by their employers on onsite visits. Some people move there for higher education. Still others may be on the lookout for better career opportunities. Whatever be the case, each person needs to find a city that has favourable immigration laws. This can help make the immigration process smooth.

Best US cities for immigrants

1. San Francisco – San Francisco is one of the most expensive cities in the US. But it is a great place to live. Very welcoming towards immigrants, San Francisco is close to Silicon Valley, which is home to many Indian techies and their families. Salaries are high, which means expatriates here are able to send money to India in large volumes.

2. New York – The cultural melting pot of New York is home to people who hail from all over the world. For an immigrant from India, this could be a great place to call home. You will find multiple options when looking for homes and schools. You will find grocery stores stocking the ingredients you need and restaurants serving different cuisines. Whether you are moving there to work or study, New York can be a great introduction to life in the US.
3. Chicago – This cold and windy city is actually amongst the warmest and most welcoming places in the US. Chicago has been a leading immigration hotspot for decades now. The city is great for living and working. Plus, with all the skyscrapers and art galleries, there is plenty to see. 4. Washington, D.C. – People from the US and abroad are constantly moving into and out of Washington, D.C. Immigrants represent approximately 15% of the city’s population. The city beckons students of all ages thanks to great educational opportunities. Plus, as this is the capital city, one could find well-paying jobs with good benefits.
5. Seattle – Seattle is yet another immigrant-friendly city in the US and it is home to many Indians. The city has some favourable immigration laws in place. For instance, the Ready to Work programme helps immigrants to develop job skills and integrate into the workplace in a better way.

6. Los Angeles – Los Angeles has immigrants from not just India but other Asian countries too. The locals are friendly and the city has a high employment rate. That makes it easier to find a job, start saving up, and send money to India for loved ones back home.

Summing up

For people immigrating to the US, earning a higher income is generally a big priority. Many people chase lucrative jobs and better standards of living when starting a new life in the US. Perhaps they have financial liabilities back home that they wish to take care of in a better way. If this is the case for you, find out about the different remittance routes before you move to the US. For instance, you could look for a trustworthy service provider like Axis RemitMoney to transfer money to India from USA. Then, once you start earning in dollars, you can remit to India in just a few clicks.

|In: Books|Last Updated: | 0 Comments

What is one thing that comes to our minds when we refer the term banking? An immediate picture that we visualize is about customers lined up in different queues for getting their banking work done – a brick and mortar banking experience where long waits are normal to get queries sorted and numerous follow-ups and visits to the bank branches for document submission, etc. are regular features. The list can be endless but the picture being portrayed may not be relevant to the Banks of today since Digital Banking is changing the face of banking.

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Now  touch a button and you would come to know whether you are eligible to apply for a home-loan of ‘x’ amount or what should be your ideal investment approach to save taxes. Though there are some banks that like to reinvent the technological wheel, banks like HDFC Bank have pioneered to transform into a Digital Bank via partnerships, in-house innovations, and building products with a customer-centric approach. HDFC Bank is India’s largest private-sector bank and a bank that it too big to fail as per the Reserve Bank of India [RBI].

How did HDFC bank manage to transform itself from a Lifecycle bank to a Lifestyle bank?  How did the bank shape its digital journey? What are some of the innovations from the largest bank in India by market capitalization? If you are curious to know the behind the scene transformation story, you must grab a copy of HDFC Bank 2.0: From Dawn to Digital by renowned journalist Tamal Bandyopadhyay.

Aditya Puri, the MD of HDFC Bank also considered as Bachchan of Indian banking is one man who led this transform from forefront. He has been at the helm for 25 years; his journey in HDFC Bank started way back in 1994 when he joined as India’s Chief. The book captures the bank’s journey under the leadership of Aditya Puri. Tamal Bandyopadhyay combines his financial knowledge, eye for detail, and excellent storytelling style to create a vivid portrait of India’s most valuable bank and its path to the future.

The book is divided into three sections

  • The Digital Journey
  • The Flashback
  • The Puri Legacy

In the year 2015, dramatic changes were happening in the financial services sector due to simultaneous trends in technology, regulation, and markets. The rise of the smartphone, India’s unique ID system Aadhar, and payment innovations like Unified Payment’s Interface [UPI] were creating a branchless distribution channel. This was the time when the Reserve Bank of India [RBI] issued license to many new banks dedicated to payments to bring in fresh, technology-savvy competition. It is around the same time i.e. September 2014 when seeds of transformation were sowed in HDFC Bank. It was time to be disrupted or become a disruptor!

Aditya Puri had made a trip to the Silicon Valley, a year earlier in September 2014, to have a bird’s-eye view of the innovations and developments in the Valley. The idea was to gauge the kind of impact technology has on the finance and banking sector. The lesson learned was that the team at HDFC Bank had to roll-up their sleeves to lead the digital disruption in India. The top-guns in the bank were convinced that to shape the ideas at a lightning-fast speed, they had to act and execute like a startup.

They worked on a series of strategies to reduce the turn-around time involved in core banking systems like loan processing/approval, a recommendation of useful products based on customer’s profile, accelerated funds transfer, mobile banking, shopping, etc. Digitization would not only enhance the overall customer experience but it would also reduce the operating costs.

It is important to note that before leveraging digital technologies, HDFC Bank came up with the idea of ‘missed call banking’ in the year 2013. Though HDFC Bank was not the inventor of the technology, it was the first to implement it at scale!  The strategy ahead was to provide speed, use technology to do credit & risk management at scale, improve customer experience using Artificial Intelligence [AI] & Machine Learning [ML], leverage the power of Aadhar [eKYC, UPI, etc.] and other elements of the India Stack.

This led to the development of products like Chillr [money transfer over the phone using an App], EVA [Electronic Virtual Assistant]; a chatbot to handle queries from customers, migration from internal systems of record to platforms so that the bank can provide API [Application Programming Interface]. series of innovations enabled the bank to launch new products in the consumer banking & loans category for both urban & rural customers.

[L-R] Nandan Nilekani, Tamal Bandyopadhyay and Aditya Puri at the Bengaluru Launch

HDFC bank also came up with the idea of SmartBuy where everything [traveling, shopping, etc.] was available at one place. The bank did not charge a commission from their sellers since the intent was to increase the overall customer base and provide a gamut of services to its customers.

The book touches upon many such innovations, some of them were developed in-house and many were developed by partnering with start-ups & leading companies in banking & finance software. This might be of huge interest to entrepreneurs, management professionals, CEOs as well as engineers who want to execute things at scale. It also walks us through the leadership style of Aditya Puri, his customer engagement skills [even at a grassroots level], his Lucky-13 team  that built the bank and, finally, how a big organization [like HDFC Bank] can achieve wonders by becoming agile in changing the business environment.

The Flashback section also talks about the initial days of the formation of the bank, how Deepak Parekh hand-picked Aditya Puri for the important job, and more.

We had an opportunity to attend the launch event of the book in Bengaluru where the author, Aditya Puri, and Nandan Nilekani were present. Aditya Puri shed some light on his personal life as well and how he manages to have work-life balance even at his position. It was fun as well as insightful to attend the event. Along with the knowledge that we gained, we also got a signed copy of the book!

Have you read the book ‘HDFC Bank 2.0 – From Dawn to Digital‘; do leave your biggest learning from this immersive read.

|In: Finance|Last Updated: | 0 Comments

With everything happening on the internet these days, you can make buying a car fast and easy. Dozens of sites let you shop at will for the brand, model, year, and condition that make sense to you. If you are anxious to get the wheels on the road for work, family, or school, you can expedite the sale by using a car loan calculator.

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Jaiveer Mehra, writing for Autocar India suggested

It’s hard to separate emotions from such a large purchase and so, for many, the time to buy a car is during festivals like ‘Dhanteras’, where it is considered auspicious to buy metal, or on a birthday or anniversary.

Regardless of the best time to buy, you need to be prepared.

Five reasons to try a car loan calculator

1. Fit your budget!

Even car dealers recommend you know how much room your budget has for a car loan. Your budget should focus on the monthly bill, not the grand total. The monthly allowance is a clearer indication of what you can afford.

So, before you shop among cars in a certain price category, you should determine what you can afford to pay each month along with your other obligations. Working with what you know you can afford saves you a lot of time.

2. Free and easy to use!

The EMI Calculator, for example, is risk-free and user-friendly. You plug in a few figures, and it does the rest for you. You enter the gross asking price of the car, the interest rate, and the length of the loan. That’s it! The calculator takes care of the computation.

3. Learn a bit!

While the calculator works simply and you only need to enter three terms, it requires you to look into a few things. For instance, when you enter the gross asking price, it must include the cost of add-ons, required fees, taxes, and so on.

Checking on these details may adjust your thinking on what you want and are willing to pay. It may convince you to drop an extra feature or accessory to lower the price. You might decide to increase the down payment or adjust the tenure of the loan. Being well-informed gives you the edge.

4. Increase your leverage!

With the help of car loan calculator, you can figure out what you want and what you can afford before approaching the seller. With a firm monthly payment in mind, you can negotiate better and more confidently.

5. Shop smarter!

You may have had your mind set on a specific vehicle. You liked the colour, and it fit your preferences for model, year, and features. But once you have used the auto car loan calculator, you have the information to shop for comparable vehicles because you know what you can afford. You can shop smarter and more widely.

Put your wheels on the road!

A car purchase is a major investment for anyone. Most buyers find themselves making concessions on style, accessories, and features. But with more information at hand, you can secure more value for money.

If Rs. 8 Lakh is your target going in, a car loan calculator will compute your monthly payment. Vinay Dwivedi at The Economic Times advises, ‘Instead of splurging on an impulse, it’s important to consider the financial viability of owning and selling the car’. And, a car loan calculator can help.

|In: Finance|Last Updated: | 0 Comments

With the advent of technology, a majority of customers opt for online or electronic transactions since they are the easiest and convenient options. In order to suit the needs of the customers, insurance companies have availed the policies on their websites wherein the customers can purchase and renew it online.

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After the presence of health plans and motor insurances online, a Unit Linked Insurance Plan [ULIP] is the next suited alternative for the investors. So if you’re wondering how an online ULIP plan is beneficial than a traditional ULIP, go through the following points mentioned below. Take a look:

What are online and offline ULIPs?

  • Online ULIP Policy

Ever since the insurance companies have introduced online ULIPs on their respective websites, every investor prefers investment in online ULIPs rather than offline ones. This is simply because of the fact that these online ULIPs are not only time saving but also a cost-effective means of investment. Moreover, an investor can purchase a ULIP insurance online by sitting in any part of the world. Take a look at these simple tips of investing in online ULIPs:

  1. Log in to the online portal of your insurance provider
  2. Submit the required personal details as asked by the insurance company
  3. Make an online payment either via credit or debit card in order to make the online purchase of a ULIP Policy.
  • Offline ULIP Policy

When you purchase ULIPs directly from an insurance agent, the cost raises as compared to the charges of online ULIPs. Due to the applicable commission charges, the offline ULIP costs are higher. Additionally, the other painstaking procedure of the offline ULIP purchase is the involvement of heavy paperwork. Take a look at the entire process of purchasing a ULIP Policy offline

  1. Contact the agent of the insurance company
  2. Fill in the application form and submit all the important details
  3. Provide the insurance company with the mandatory documents
  4. Submit your health certificate
  5. Make the payment in order to purchase the ULIP Policy

What is the difference between online and offline ULIPs?

Due to the presence of ULIPs both, online and offline, there are times when investors often confuse them with one another. Since both these options are different from one another, it is essential to understand the difference between the two, separately. In order to make things easier for you, here’s a look at the major differences between these two

Why choose online ULIPs over offline ULIPs?

  • Value for money

Due to the lack of involvement of any middleman like the insurance agent, the cost of buying a ULIP Plan online is typically less. Hence, the insurance companies avail these online ULIPs at low rates. The online ULIPs are approximately 30-50% cheaper than offline ULIPs.

  • Claim settlement

Online purchase of the ULIP Policy helps the investors to get a better picture of the claim settlement ratio directly from the website. Opting for a ULIP Policy online means getting easy access to the insurance company’s claim settlement ratio.

  • Transparency

The lack of involvement of the third party in online ULIPs keeps the entire process clean and transparent. However, in the case of offline ULIPs, the insurance agent is the whole and soul throughout the entire process. Since an agent is majorly involved, there are times when the agent might either mislead the policyholder or keep away things from him in order to gain maximum commission charges.

  • Comparison

Before opting for an online ULIP Policy, every customer can make online comparisons on a tool called ‘aggregator’. This tool enables the policyholders to compare multiple policies on the basis of the costs, premiums, features, and ULIP benefits.

Now that you know these 4 benefits of online ULIPs, what are you waiting for? Invest in an online ULIP Policy since it promises a hassle-free investment experience. Before you opt for a ULIP Policy, choose a credible company and base the selection of the policy based on the ULIP performance. In the end, the best ULIP plan you get for yourself is going to make all your hard-earned money worth it due to its high returns and low costs.

|In: General|Last Updated: | 0 Comments

Whirlpool, one of the largest home appliance producers in the world, boasts of more than 100 years of experience coupled with delightful innovations. It is one of the few brands that Indian consumers are inclined towards for home appliances.

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We have curated a list of Whirlpool washing machines that are worth an investment.

  1. Whirlpool 7 Kg Fully Automatic Top Load Washing Machine Graphite [360 degree BLOOMWASH ULTRA 7.0 GRAPHITE 10YMW]
  • Function Type: Fully Automatic Top Load
  • Features: This Whirlpool top load washing machine uses the Agipeller wash method. This is a whirlpool 6th sense washing machine and has the Dynamix technology integrated.
  • Colour: Graphite
  • Price: 19,530
  1. Whirlpool 10.5 Kg Semi Automatic Top Load Washing Machine Grey (ACE XL 10.5 GRAPHITE GREY (5YR))
  • Function Type: Semi Automatic Top Load
  • Features: This Whirlpool semi-automatic washing machine uses the 3D Turbo Impeller wash method. It has a water level selector and has the 3D Scrub technology integrated.
  • Colour: Grey
  • Price: 14,990
  1. Whirlpool 7 Kg Fully Automatic Top Load Washing Machine Grey (WHITEMAGIC ELITE 7.0)
  • Function Type: Fully Automatic Top Load
  • Features: This Whirlpool fully automatic washing machine uses the Spa Wash, Agipeller and Power Scrub wash method. Integrated technologies include ZPF, 6TH SENSE 123 and Dynamic.
  • Colour: Grey
  • Price: 15,750
  1. Whirlpool 12 Kg Fully Automatic Top Load Washing Machine Grey (360° ULTIMATE CARE 12.0 GRAPHITE 10 YMW)
  • Function Type: Fully Automatic Top Load
  • Features: This Whirlpool fully automatic washing machine uses the Agipeller wash method. Integrated technologies include 6th SENSE Tumble Care Technology, Care Move Technology and Dynamix Technology.
  • Colour: Grey
  • Price: 28,000
  1. Whirlpool 8 Kg Semi Automatic Top Load Washing Machine Coral Purple (ACE 8.0 TRB DRY CORAL PURPLE-5 YR (L))
  • Function Type: Semi Automatic Top Load
  • Features: This Whirlpool semi automatic washing machine uses the Impeller wash method. Integrated technologies include the Turbodry Technology and Super Soak Technology. It has an expendable spin lead.
  • Colour: Coral Purple
  • Price: 12,050
  1. Whirlpool 6.5 Kg Fully Automatic Top Load Washing Machine Wine magnolia (WHITEMAGIC PREMIER 6.5 – WINE MAGNOLIA)
  • Function Type: Fully Automatic Top Load
  • Features: This Whirlpool semi automatic washing machine uses the Agipeller wash method. Integrated technologies include the Power Scrub and ZPF Technology.
  • Colour: Wine Magnolia
  • Price: 20,900
  1. Whirlpool 7 Kg Fully Automatic Front Load Washing Machine White (FRESH CARE 7010 31265)
  • Function Type: Fully Automatic Front Load
  • Features: This is a whirlpool washing machine front load The dimensions are 595 x 575 x 845 mm. The washing capacity is 7 kg. It uses Tumble Wash method to wash clothes. The body features include a steel tub. The power requirements for the washing machine is 230V, 50 Hz, 1 Phase.
  • Colour: White
  • Price: 25,690

So the next time you need to invest in a washing machine, you know what list to shortlist from. Whirlpool has many more options that cannot be all listed out here. Bajaj Finserv from Finserv Markets offers financial assistance to invest in one.

Finserv Markets, from the house of Bajaj Finserv is an exclusive online supermarket for all your personal and financial needs. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere!

|In: startups|Last Updated: | 0 Comments

NetApp, a leader in data management and hybrid cloud, announced the graduation of NetApp Excellerator’s fourth cohort at a demo day event. NetApp Excellerator is the company’s flagship startup accelerator program. As part of the demo day, six technology startups – QuNu Labs,  SecurelyShare, Zappy.AI, Ecolibrium Energy, Eder AI and UniQreate, showcased their business models, market opportunity and projections to an eminent panel comprising of venture capitalists, industry leaders and NetApp top executives.

Innovations ranging from quantum-resistant cryptographic systems, AI-based data extraction solutions, to smart predictive maintenance systems, and RPA [Robotic Process Automation] were presented by these entrepreneurs. This batch comprised early stage as well as mature startups, including an international startup, Zappy.AI, headquartered in the U.K.

So far NetApp Excellerator, a unique corporate accelerator program with a focus on data-driven technologies, has mentored 24 such startups through four cohorts. The NetApp team, as well as external mentors, coach these startups on data-driven technologies, platforms, tools, business acumen, and offers access to customer and investor connects. NetApp also provided an equity-free grant of $15,000 to each of the participating startups.

Ajeya Motaganahalli, Senior Director and Leader of NetApp Excellerator said

Our vision with the NetApp Excellerator program has been to unleash greater possibilities and each edition reflects our commitment to speed up the delivery of advanced technologies. This demo day further validates our program’s strengths and is the start of a deeper engagement for enhanced business alignment in future cohorts. We envision aligning the next cohort with stronger go-to-market opportunities by funding proof-of-concepts.

Marking another milestone for the program, Prakash Baskaran, Founder and CEO of SecurelyShare said

Our flagship product Vault.Direct is now available on NetApp’s reference architecture. This strategic alliance will further improve our product and help us explore new ways to leverage NetApp technology. With this, the NetApp Excellerator has formed eight strategic alliances through its cohorts. These include FirstHive, CardioTrack, BlobCity, SigTuple, Nanobi, Scalend and ZScore from the previous three cohorts.

The NetApp Excellerator Program alumni continue to have access to mentorship and go-to-market opportunities with NetApp. As a success story from the previous cohorts, Adya [an alumnus from the first cohort], recently got acquired by Qualys, a leading provider of cloud-based security and compliance solutions. Additionally, LightMetrics, provider of advanced video telematics [also an alumnus from the first cohort] secured a new series of funding.

About the Startups

  • QuNu Labs – QuNu Labs helps CXOs who need to protect their critical data assets in transit to accelerate their transition to Quantum safe data security solutions by building hardware products that deliver unconditional data security
  • SecurelyShare – SecurelyShare helps Wealth Managers/Bankers improve customer experience with a mobile app that empowers their customers to receive, organize and share personal information with convenience, security and privacy controls
  • Zappy.ai – Zappy is a desktop application that helps operations, accounting and back office employees doing manual business processes automate these processes within a minute without any technical knowledge
  • Ecolibrium Energy – Ecolibrium Energy is an Industrial IoT company that empowers enterprises to improve asset efficiency using predictive analytics
  • Eder AI – Eder AI helps Enterprise tech leaders to collaborate with third party solution providers in leveraging AI on sensitive data, thereby making privacy, AI and policy work together
  • UniQreate – UniQreate helps business users of Data Provider organizations automate high diversity data extraction with intelligent workflow and adaptive learning system

Deepak Visweswaraiah, Senior Vice President and Managing Director, NetApp India commented

We have understood some of the trends that are defining the B2B startup eco-system. Using this understanding, and our 25 years of data legacy, we are able to potentially redefine the direction of our startups. ArchSaber, a graduate from the second cohort is being acquired and this is the second company from our alumni to be acquired. The success of the NetApp Excellerator program lies in our ability towards establishing the business and technology viability of the startups within a strong B2B ecosystem.

NetApp Excellerator has now opened registrations for its fifth cohort. Startups with interests in the areas of hybrid cloud, AI, IOT, data management and adjacent technology domains are invited to apply.

To know more, please visit http://startup.netapp.in/ or look for the tag #NetAppExcellerator on social media.

|In: startups|Last Updated: | 0 Comments

Swiss startup iProPal launched its platform in India on 20th July 2019 at Swissnex India, Consulate General of Switzerland. iProPal’s platform enables remote job seekers and providers to post their profiles and requirements, and intelligently matches the seeker’s requirement of skills, time and budget with the best IT developers.

iProPal provides opportunities to work on niche IT technologies like Blockchain, Machine learning, Python, etc. Uniquely positioned in Switzerland, iPropal aims to bridge the upcoming shortage where Swiss companies will face a shortfall of 25,000 qualified IT specialists by 2024.

At the launch activity, the founder of iProPal, Jakeer Mohammad, presented the key features of the widely used platform to the strong software developers community gathered at Swissnex India. He talked about the opportunities in the Swiss market as well as the work culture in Switzerland. He also went on to emphasize the demand among his Swiss clients for the highly skilled workforce in India followed by extensive Q&A with the developer community in India.

Also present at the launch were Vivek Prakash, the Co-founder of HackerEarth and Nabomita Mazumdar, a business woman considered one among the top 20 HR influencers in India. Vivek talked about the high quality of India’s software developers. [HackerEarth is the platform partner for iProPal. Developers have to solve HackerEarth’s multiple coding challenges to join the community of developers on iProPal’s platform]. Nabomita presented the changing global landscape of employment culture. The talks were followed by a panel discussion on the benefits of remote working.

Through the launch, iProPal received 300+ sign ups from India on their platform. To join the community of remote developers interested in working on Swiss projects, visit the iProPal website.

|In: Finance|Last Updated: | 0 Comments

Not everyone is born with a golden spoon in their mouths. A majority of the population has to strive hard to accumulate funds in order to turn their dreams or goals into reality. With the help of a Unit Linked Insurance Plan [ULIP], an investor can easily save a humongous cash fund and fulfill his life goals with ease. So if you’re wondering how to utilize your ULIPs savings in order to meet your long term goals, go through these few productive ways of optimizing your ULIP corpus at its best. Take a look

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Nine life goals to fulfill with the help of a ULIP Investment

Secure your family needs

Since a ULIP Policy is dual in nature, it is a perfect blend of investment and insurance under a single plan. These dual ULIP benefits allow the investors to financially support his family in times of emergencies. At the time of death of the policyholder, the nominees receive the sum assured amount from the insurance companies.

Participate in equity markets

With the help of a ULIP Policy, the investors can effortlessly participate in the equity markets. Moreover, investment in the equity funds of the ULIP Policy promises higher returns. After the market bounces back, an investor makes profits from these returns on investment.

Generate wealth for the long run

A ULIP Policy guarantees a lock-in period up to a maximum number of 5 years. During the course of the tenure, the invested money grows and generates into a larger corpus. The longer your period of investment, the longer is the creation of your wealth.

Enhance the value of life coverage

As you grow old, the risk of unwanted diseases is typically high. However, opting for a ULIP Policy at a later phase of life comes with a high price. Hence, invest in a ULIP Policy at an early stage in order to avail lower payment of premiums.

Invest in a retirement plan

At the time of your retirement, every individual requires a steady flow of income. In order to ensure that you are financially secured during your retirement phase, invest in a ULIP Policy. With the help of high returns and tax benefits, you’ll not only be earning more but also saving more money which is important to survive the crucial phase of your life.

Pay off the debts

Due to lack of resources, an investor ends up taking up either a home loan or a personal loan in order to meet his goals. However, you won’t have to do so when you invest in a ULIP Policy for yourself. In order to pay off the un-cleared debts, utilize the ULIP corpus which has been accumulated in the past few years.

Buy your dream car

No matter how much you’ve paid for the repairs of your previous car, the old car stops functioning due to optimum usage. In case your car has undergone several repairs, make use of the ULIP savings in order to buy an extravagant car in order to suit the needs of your entire family.

Make a real estate investment

Another effective way of putting your ULIP savings to use is by investing in real estate. An investor can use this money as a down payment in order to purchase the assets. Since an investment in real estate increases the value, you are liable to receive a bigger corpus, at the time of liquidation.

Opt for the renovation of your homes

In order to prevent the wear and tear of your house, timely maintenance and renovations is a must. Typically, a facelift in the form of fresh painting or upgraded fittings can enhance the value of your house. In order to renovate your house, use the investment ULIP amount to do so.

Now that you know these nine life goals you can fulfill with the help of a ULIP Plan, what are you waiting for? Before purchasing a ULIP Policy, understand what is ULIP thoroughly. Additionally, make use of a ULIP return calculator in order to compare multiple features and benefits, premiums of different policies. If you invest in a ULIP Policy wisely today, only then you’ll be able to save up more for the future.