Equity, Derivatives, Commodities.
Corporate Fixed Deposit, Bonds, FD, NCDs.
Life Insurance, General Insurance, Health Insurance.
Home Loan, Home Loan Top up, Loan Against Property (LAP), Lease Rental Discounting (LRD), Personal Loan, Credit Card, Auto Loan, Gold Loan, Two Wheeler Loan, Loan Against Security (LAS), Forex, Travel Cards.
Equity represents ownership in a company acquired through contribution of capital, which is required to set up or run a business. This capital is raised through issue of shares to the public or a group of private persons, where each share represents a proportion of the stake on the assets and profits of the company. These shares are either bought directly from the company through an offer, or traded (bought and sold) on the stock exchanges.
A derivative is a contract between two or more parties whose value is based on an agreed-upon underlying financial asset (like a security) or set of assets (like an index). Common underlying instruments include bonds, commodities, currencies, interest rates, market indexes, and stocks.
A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Traditional examples of commodities include grains, gold, beef, oil, and natural gas.
Company Fixed Deposit (corporate FD) is a term deposit which is held over fixed period at fixed rates of interest. Company Fixed Deposits are offered by Financial and Non-Banking financial companies (NBFCs). The maturities of various company fixed deposits can range from a few months to a few years.
A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). A bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments.
A fixed deposit is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.
Non-convertible debentures (NCD) are fixed-income instruments, usually issued by high-rated companies in the form of a public issue to accumulate long-term capital appreciation. They offer relatively higher interest rates when compared to convertible debentures.
Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person.
General insurance covers home, your travel, vehicle, and health (non-life assets) from fire, floods, accidents, man-made disasters, and theft. Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.
Health insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines or doctor consultation fees.
A house loan or home loan simply means a sum of money borrowed from a financial institution or bank to purchase a house. Home loans consist of an adjustable or fixed interest rate and payment terms. The property is mortgaged to the lender as a security till the repayment of the loan.
Top-up loan is a facility provided by banks, housing finance companies and other financial institutions that allows you to borrow a certain amount of money over and above your home loan.
A loan against property (LAP) is a secured loan that banks, housing finance companies and NBFCs provide against residential or commercial property. These loans are usually offered at a lower interest rate as compared to a personal loan or business loan and are disbursed at a reasonable time.
Lease Rental Discounting or LRD is a term loan that is offered against rental receipts that are derived from lease contracts of property. This loan offered is based on the underlying value of a property and the discounted value of rentals.
A personal loan is an amount of money you can borrow to use for a variety of purposes. Personal loans can be offered by banks, credit unions, or online lenders. The money you borrow must be repaid over time, typically with interest. Some lenders may also charge fees for personal loans.
Loans on Credit Cards are pre-approved loans extended to you based on your Credit Card usage, repayment and history.
An auto loan is a loan that allows you to buy a desired four wheeler, and pay the vehicle off in equated monthly installments for a set tenure instead of having to pay the full price upfront. The terms of an auto loan depend on various factors, including your income and credit history.
Gold loan (also called loan against gold) is a secured loan taken by the borrower from a lender by pledging their gold articles (within a range of 18-24 carats) as collateral. The loan amount provided is a certain percentage of the gold, typically upto 80%, based on the current market value and quality of gold.
If you have been thinking about purchasing a bike in the near future but do not have the finances to do the same, a two wheeler loan might help. With a bike loan, you do not have to shell out your savings as you can purchase your favourite bike and pay back the loan amount via equated monthly installments.
Loan against securities is a loan where you pledge your shares, mutual funds or life insurance policies as collateral to the bank against your loan amount.
Another term for loans on forex is called margin. The money you invest in your position is used as collateral for the loan. The forex market is the largest, most liquid market in the world; it is also one of the least volatile markets as price movements rarely move more than 1 percent over any given day.
A vacation/Travel loan is a personal loan used for financing travel. Because you get a fixed rate and can choose your term to determine your monthly payments, a vacation loan can be a smart way to finance a big trip or a once-in-a-lifetime experience.
When a private company first sells shares of stock to the public, this process is known as an initial public offering (IPO) whereas FPO is the second or subsequent public issue of the shares of an already listed public company.
The National Pension System is a voluntary defined contribution pension system in India. National Pension System, like PPF and EPF is an EEE instrument in India where the entire corpus escapes tax at maturity and entire pension withdrawal amount is tax-free.
Portfolio Management Services (PMS), service offered by the Portfolio Manager, is an investment portfolio in stocks, fixed income, debt, cash, structured products and other individual securities, managed by a professional money manager that can potentially be tailored to meet specific investment objectives.