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FAQ
Life Insurance
How can one arrive at the claim amount on the LIC policy?
Who should sign the Discharge Voucher of LIC under varying circumstances?
How can you stay protected with LIC policies if the key person important to your business dies?
What procedure should one follow to obtain a duplicate copy if the original LIC policy is lost?
How should one notify LIC in the change in address?
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Non Life Insurance
Can motor policies be issued for a longer term than a year?
Can motor vehicles be insured against fire and theft risks only?
Does a third party claim affect the bonus/ malus rate under the comprehensive motor insurance policy?
Are accessories and extra fittings of the vehicle covered under the comprehensive motor insurance policy?
What happens if at any point of time there are in existence two policies for insurance of a vehicle?
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Mutual Funds
What do you mean by Sale Price?
What is the Repurchase Price?
What is the Redemption Price?
What do you mean by Sales Load?
What is the Repurchase or 'Back-end' Load?
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Bonds
Who can invest in the RBI Relief Bonds?
What is the minimum and maximum investment limit for RBI Bonds?
What is the issue price of RBI Bonds?
What will be the date of issue of RBI Bonds?
What will be the period of holding for RBI Bonds?
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Loans
Now that I've applied for my loan, what are the modalities involved?
How do financiers go about assessing my loan application?
How soon will I get my loan money?
Will I need to provide any collateral for my loan?
What exactly is a personal loan?
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Small Saving Schemes
Can the income tax exemption under Section 88 be claimed by second named person in case of joint holding of National Saving Certificates?
Can one claim the section 88 benefit on interest on the NSC VIII scheme which is deemed to have been reinvested?
Will the rebate in income tax under Section 88 be available to husband/father where the NSCs (VIII-Issue) are purchased by him out of his income in the name of his wife/minor children?
If the holder of a Savings Certificate dies, who gets the amount due to be paid to the deceased?
If a girl makes a deposit and gets married by the time the deposit matures, would there be any problems?
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