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Planning to claim for Covid Insurance? Here’s how you can do it

You may opt for reimbursement if you can pay the hospital bills upfront. People who undergo treatment at non-network hospitals for coronavirus infections must intimate the insurer within 48 hours of hospitalisation. The Covid-19 second wave has severely impacted the country. The need for Covid insurance is rising as the infection rapidly spreads among the …

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Demand for spacious homes picks up amid Covid pandemic

During the pre-COVID period, the demand for 3BHK homes ranged between 25% and 30% as compared to the current range of 30% and 35%. The work-from-home (WFH) culture and e-learning traditions during Covid-19 have drastically influenced homebuyer’s preferences and the recent trends show an increased inclination of potential homebuyers towards larger 3BHK spaces even in …

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7th Pay Commission pension on death of Central Government Employee parents: New limit Rs 1.25 lakh/month

Representative image/Pixabay 7th Pay Commission pension on death of Central Government Employee parents: If both the husband and wife are Central Government Employees and covered under CCS (Pension) 1972 rules, then on their death, their surviving child or children can receive two pensions limited to maximum Rs 1.25 lakh per month. There are, however, certain rules …

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SBI cash withdrawal with cheque and form rules for self and third party changed! Here’s all you need to know

SBI increases cash withdrawal limit amid pandemic. SBI cash withdrawal rules 2021: In a bid to support its customers during the Covid-19 pandemic, the State Bank of India has increased the non-home cash withdrawal limits through cheque and withdrawal form. “To support our customers in this pandemic, SBI has increased the non-home cash withdrawal limits …

5 home loan tips for first-time homebuyers

Here are a few tips for home buyers looking for home loans. By V Swaminathan A home loan is a crucial element for a home buyer. A home loan helps the buyer leverage one’s finances or future income and buy their dream home. Besides enhancing the purchase budget, a home loan also provides tax deduction benefits …

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National Pension System: Making changes in PF, scheme setup? CRAs change statement of transaction

Latest NPS changes. Representative image National Pension System (NPS): The Pension Fund Regulatory and Development Authority (PFRDA) has notified new NPS functionalities released by Central Record Keeping Agencies (CRAs) during the fourth quarter of FY 2020-21. The PFRDA has appointed CRAs to provide system-level functionalities as per the evolving needs of NPS stakeholders. According to …

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