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Personal Finance - Angel One

Can You Buy a ₹56,000 Phone on EMI with a ₹30,000 Credit Limit?

Can You Buy a ₹56,000 Phone on EMI with a ₹30,000 Credit Limit?

10 April 2025

Buying high-value items like smartphones on EMI (Equated Monthly Installments) has become quite common. It allows you to convert a large expense into manageable monthly payments. But what if your credit limit is lower than the cost of the product?   For instance, can you purchase a ₹56,000 phone if your credit card limit is …

Best Investment for Monthly Income in India in April 2025

Best Investment for Monthly Income in India in April 2025

10 April 2025

Generating a regular monthly income is a key financial goal for many—especially retirees, conservative investors, or those seeking passive income to support day-to-day expenses. In April 2025, several financial instruments in India continue to offer reliable options for monthly payouts, combining stability and decent returns. Here’s a breakdown of the best monthly income investments in …

Monthly income of ₹2.5 lakh with one-time investment of ₹10 lakh; here’s how to make it possible

Monthly income of ₹2.5 lakh with one-time investment of ₹10 lakh; here’s how to make it possible

9 April 2025

Planning for retirement at a young age may seem far-fetched, but starting early can be one of the smartest financial decisions you’ll ever make. In this article, we explore a potential route to generate a steady monthly income of ₹2.5 lakh after retirement with a one-time investment of ₹10 lakh today — without making it …

Want More from Your Term Insurance? Add These Powerful Riders for Maximum Protection

Want More from Your Term Insurance? Add These Powerful Riders for Maximum Protection

9 April 2025

Term life insurance remains one of the simplest and most cost-effective ways to ensure financial security for your loved ones in your absence. It offers a death benefit to your family if the insured person passes away during the policy term, helping them cover day-to-day expenses and maintain their lifestyle. Furthermore, it safeguards future goals …

7th Pay Commission: Central Govt Employees to Receive This Allowance More Than Once Annually

7th Pay Commission: Central Govt Employees to Receive This Allowance More Than Once Annually

9 April 2025

In a welcome move for lakhs of central government employees, the Ministry of Finance has revised its policy on Dress Allowance a key component of the benefits structure under the 7th Pay Commission. The allowance, earlier credited only once a year, will now be disbursed twice annually. This update is expected to bring relief to …

What Is the Current Dearness Allowance of Central Government Employees?

What Is the Current Dearness Allowance of Central Government Employees?

9 April 2025

In a move aimed at cushioning central government employees and pensioners from rising living costs, the Union Cabinet approved a 2% hike in the Dearness Allowance (DA) in March 2025. With this revision, the DA has increased from 53% to 55% of the basic pay or pension, effective from January 1, 2025. What Is Dearness …

Bank of Baroda Launches ‘bob Square Drive Deposit Scheme’ Offering Up to 7.80% Interest

Bank of Baroda Launches ‘bob Square Drive Deposit Scheme’ Offering Up to 7.80% Interest

9 April 2025

Bank of Baroda has launched a new fixed deposit scheme — the ‘bob Square Drive Deposit Scheme’, offering interest rates of up to 7.80% per annum for a special tenure of 444 days. The scheme is available from April 7, 2025, and applies to retail deposits below ₹3 crore. Under the scheme, general citizens will …

ChatGPT Can Generate Fake Aadhaar and PAN Cards: How to Verify Them

ChatGPT Can Generate Fake Aadhaar and PAN Cards: How to Verify Them

8 April 2025

OpenAI’s ChatGPT has gained attention for its advanced image-generation abilities. While impressive, these capabilities have raised security concerns, as people have used AI to create fake Aadhaar and PAN cards. This has led to discussions about AI misuse and the need for stricter rules to prevent fraud. Can AI Really Create Aadhaar and PAN Cards? …

8th Pay Commission: Possible Salary Changes Through Fitment Factor and DA Merger

8th Pay Commission: Possible Salary Changes Through Fitment Factor and DA Merger

8 April 2025

In January 2024, the Government of India announced the formation of the 8th Central Pay Commission, set to replace the existing 7th Commission whose term concludes in December 2025. The next step in this process involves appointing a three-member panel, including a chairperson, to determine the structure of future central government salaries. Amid this development, …

How to Avoid Frauds in Dubai Gold Souk When Buying Gold

How to Avoid Frauds in Dubai Gold Souk When Buying Gold

5 April 2025

Dubai is known as the “City of Gold,” offering some of the best deals on gold jewellery, bars, and coins. The Dubai Gold Souk, one of the most famous gold markets in the world, attracts thousands of buyers looking for quality gold at competitive prices. However, with the sheer number of gold traders and the …

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