African Development Bank Review
City Union Bank Internet Banking
Welcome to City Union Bank internet banking experience banking the digital way to log into your net banking go to the City Union Bank comm and choose login and click personal banking then enter user ID and password you can view the mini statement by clicking the mini statement link on the right side of the account summary table to check your account summary click account summary option under accounts menu you can view
Or download your account statement by clicking the transaction history option under account statement menu here select your account number period of transaction and the file format to download the statement click YES in the confirmation message you can mail your detailed bank statement by clicking the email account statement option funds transfer in order to transfer funds you need to add beneficiaries to add beneficiaries click manage beneficiary
Choose the type of bank within city Union bank accounts or to any other Bank entered the beneficiary name 15 digit account number branch and transaction password then click Add for instant activation click on this check box beneficiary account will be active within 15 minutes entered the OTP received in the registered mobile number and entered the ATM verification details and click Submit
Click on activate now option to do your transaction instantly to add a city Union bank account as beneficiary just type the account number and click on the obtain account details option you would receive the full details of the account and click Add to beneficiary now in order to transfer money choose other bank account option choose either I am PS and EFT RTGS as mode of fund transfer then select the beneficiary to which amount has to be transferred
Enter the amount and add a remarks for the transaction you can calculate the charges for transaction by selecting the calculate charge option and also view various limits for transferred by clicking view limits for transfer enter the transaction password and click on submit now entered the OTP received and submit the confirmation change your PIN using netbanking you can also change your debit or ATM or mobile
Banking or internet banking password to change your debit or ATM click on debit or ATM card PIN choose the card number and enter the new ATM PIN re-entered the new ATM PIN and entered the transaction password entered the OTP received and confirmed the process you would receive the confirmation message as ATM PIN a reset successful to change the net banking password click login password option in net banking password enter the current
Password enter the new password 3 entered the new password and submit you would receive a confirmation message as password has been changed successfully follow the same procedure to change your transaction password follow the same procedure for changing mobile PIN city Union Bank virtual credit card get your city Union bank credit card quick and easy without any document or visiting any branch facility is offered in the basis of your deposit held with city
Union Bank log into your net banking and choose apply credit card option click yes and accept the terms and conditions then click on agree select the deposit to be linked to your credit card and type your transaction password and click Submit confirm the credit limit displayed on the screen you will get your card details on the screen start using your virtual credit card until you get your physical card
Bank of Baroda apply for Agriculture Loan online
Welcome to bank of parodha this is how series at bank of baruda we have always aspired to uplift the economy by empowering the farmers of our nation one such offering is the online loan application module for agriculture loans this video is a step-by-step walkthrough for the online application process of agriculture loan you can submit an application through
Bank of baroda's various digital channels like baroda connect the bank's website pop world and peralta once you pick a platform that's convenient for you click on apply for agri loans which will redirect you to the bank's agriloan application module here you can get different choices based on your existing relationship with bank of baroda if you are an existing customer click on i have a bob account if you are a new
Customer click on i do not have a bob account if you are an existing customer and a first time applicant enter your bank of baruda account number enter the purpose of availing loan under the loan requested for option followed by loan amount required under loan amount required option and then click submit enter the otp received on your registered mobile number linked to your bank account and click on continue
An application id will be sent to your registered mobile number and email id for future reference after this an autofilled loan application form will appear in case of any missing information you can fill it by yourself now click on continue on the loan information page loan requested for and loan amount requested will be auto filled as provided earlier which can be further modified by you
Fill your land holding in acres under the land holding option and click on continue provide co-applicant details if any and choose the bank of baroda branch from where you wish to avail the loan now select the declaration check box and click on continue on the document upload page upload kyc documents as proof of identity and proof of address land record and quotation in pdf format and click on the submit
Button after the final submission you'll receive a message regarding the acceptance of the application now your application process is complete new to bank customers can apply for an agri loan using the aadhar number choose aadhar based login and enter your aadhaar number and other information in the provided fields select the declaration check box and click on send otp
Now verify the otp receive on your aadhaar registered mobile number with this an application id will be sent to your registered mobile number and email id for future reference after this an auto filled loan application form including your details will appear in case of any missing information you can fill it by yourself now click on continue new to bank customers without our number can apply for an agree loan by clicking
On i don't have bob account and fill in all the required information enter the necessary information in the subsequent steps and proceed to submit the application form if your loan application is incomplete for any reason click on continue with the existing application to resume enter your application id under revisiting details and click continue continue filling in the necessary details and click on the submit button
At the end after final submission you will receive a message regarding the acceptance of the application and your application process is now complete you will get a call from the bank's customer center within 48 hours of application submission to schedule an appointment to visit the nearest branch for further processes you can also seek answers for any query
Related to agri loans during the call thanks for watching the self guide video on applying for agriculture loans with bank of baroda we are happy to serve you to get started visit the link in the description through a channel of your choice
Bajaj Allianz Life Insurance
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so if you could tell us why is there a need for educating every parent about this the things that we've just discussed any parent any person who is whether he's salaried whether he's self-employed but definitely there's a need to educate them about education inflation so kudus could you please explain us this whole thing and Why it has become so very important now yeah so uh so first first i'll tell you that we we had this uh survey conducted last year with kanta i am out of the various life goals which people articulated there uh children's education continues to be one of the top goals for which people are today focused on and also it said that you know nearly 50 percent Of the indian parents they found it difficult to afford higher education for the children because of lack of financial support so and and just just before it started uh mr pai was mentioning that you know the typical indian parents would not really want to take loans for uh for educating their children at least you know that's that's how we are Our value system is so if if our life goal remains revolving around uh children's education and education is becoming expensive you know if you look at the top b schools the top irons today have a fee of anywhere between 25 to 30 lakh rupees which used to be anywhere in the range of 15 lakh rupees till 5 years back or maybe lesser than 15 Rupees yeah so inflation is playing a very critical role in deciding the affordability and and as parents we need to be aware of that and we need to start preparing for that start factoring the inflation part in in savings that we keep aside for our children's uh education the safest way for that would be You know there are a lot of tools which are available in in on the internet today you know you can go and pick up any of those calculators which uh factor in inflation which also factor in what is the kind of return that you are expecting on your portfolio which also gives you an idea whether you are a conservative a moderate or an aggressive investor and on the basis of that what is the kind of Return that you can expect it gives you an idea on how much you should be saving on a monthly or a yearly basis if you have to reach at that financial goal or you have to reach at that amount which you are planning to have for your children's education at the time when it is needed so my suggestion there would be that you know it is it is very very important to decide and Define that amount in in financial terms we call it future value so if your goal today is five lakh rupees uh considering the inflation how much that 5 lakh rupees is going to look like let's say 10 or 15 years hence when the parents need that money for their children's education how much do you need to start investing today And what kind of long-term investment tools do you pick up or long-term investment instruments do you pick up so that you are systematically investing and meeting your goals quickly since we're talking about the different kinds of skills and since parents are pressured into this because obviously of the marketing and you know the kind of environment we're living in the digital world so to say Uh so could you tell us how can insurance plans help uh help parents in planning for this new educational age and what should be the right strategy for parents to follow sure first of all i must acknowledge that you know the words of mr pai they they come as such a big relief in their learning you know Especially to come from someone who's who's been a pioneer in the iit industry not only in our country globally and uh emphasizing on the human side of growing up that's very very important mr pai thank you so much for that advice uh coming to how insurance can help in planning for new education uh tell me if i if i take you back a few years you know until a few years back when in our Country we did not have too many investment options uh our parents only had two primary sources of savings what was lic policy second was fixed deposits or maybe we had you know some of them who believed in systematic monthly savings we had recurring deposits uh and my answer to the question that you asked me it lies in that itself that you know the Reason why all of us got educated uh in middle class families uh and our parents could afford that was uh because they had this habit of disciplined long-term savings which they had started with how insurance helps you is it's a it's a long drawn product you know you are you are paying your uh insurance premium for 10 15 20 years and the maturity amount comes to youScroll down & click on Continue button for your Live Match link
After the policy term has matured so it's a it's a disciplined way of investing uh it doesn't really give you too many options of you know or there are options of withdrawing your funds uh premature but you know it's it's not easy and hence you know it builds that discipline long-term savings habit for you there are products which offer you Guaranteed returns which means that as parents you don't have to be worried about volatility in the interest rates if you have invested in a certain plan today then whatever is the rate which is guaranteed in that plan you are going to get that rate uh at the time of maturity which could be let's say 20 years hence as well another significant factor why insurance is a preferred mode for Uh for funding for education is the tax efficiency the maturity amount that you get in insurance plans subject to you know a couple of parameters being paid it is tax free so it becomes very very efficient for you to save through an insurance policy i also want to bring in another aspect of insurance here which is protection which is the plain simple life insurance You know so if as a parent i feel that you know i need some amount of money ten years hence to be provided for my children in case of an invading mutual during those 10 years period so that my children's education doesn't get derailed life insurance policies also offer you that element of protection right it takes care of your children's future goals they remain protected And within our company also we have we have you know products like git which is a guaranteed plan or we have a product which is called flexi income goal which starts giving you uh interim payouts uh and these products have all been designed keeping the long-term goals of people in mind so i think insurance really helps you in in making systematic disciplined long-term Investments which are tax efficient as well as offering protection so mr pai uh one last question to you uh since we already talked about the multiple career options that the children have in front of them today vis-a-vis which were there like maybe 10 or 20 years ago so any piece of advice as to how the planning part can match up to the education needs of today Well i would agree with you know everybody should save money for the rainy day because money is not going to grow on trees it comes because you work hard you don't consume everything that you earn and you save so we have to say and we must be very careful that uh when we say we keep the money safe when you are younger we have the temptation to put money into instruments which have got Greater risk yes we must take some risk when you are anger but we must decide the quantum of money that we can take a risk on so we always have money at call and i i am one of those who believe that you must consume less than you want because if you consume more than you want then you're going to get into trouble because you have children you have family the dependence etc So you gotta inculcate a habit of saving and you must you'll cultivate a habit of saving in your children too because remember what we do in later life is very often what we are told as children and what we understood as children so children should be taught to save money and to uh you know keep some money and not use the pocket money not to you know spend the entire pocket money And to spend and accumulate money for a period of time and spend what is essential for your child don't over spend don't try to do too many things because the value may not be there don't try to copy others sit down and think about what you want for your child and give them a very good education very good education with values values are very very important Right you see the most successful people around the world many of them are grown up in middle class families with great values which they have even now they're very humble they're very down-to-earth you know they're very very understated correct and i think it's very important to have because that is required for success in future that's my personal view and of course when they Finish schooling we want them to go to the best colleges we want them to get the best professional degree and that for that too you required to save money so i think you had to play it very very carefully because like i said earlier you're going to have very few children we don't have many children and we have to lavish our love and care on the children And as you get older pallavi when you look back in your life how will you determine whether you are being successful or happy if a child is not doing well the children don't do well after you work very hard 25 30 years what you look back and say what what have you done in your life you could be the biggest most richest person in the world you could be the most powerful man in the worldScroll down & click on Continue button for your Live Match link
But if your children are not done well they don't settle down they don't do well they don't get a good education they don't do you know they don't not doing and they're not happy i mean your whole life is gone right so i think it's very essential that uh we do things in a very structured manner and make sure that we have enough for our children and we inculcate the Savings habit to inculcate the right balance between frugality and spending we are already learning a lot from mr pai as to what has to be done and what is to be avoided but when it comes to financial planning are there any common mistakes which need to be completely awarded for a better result and better planning so uh i think the first common mistake Which which i have come across from investors or parents is that we don't have a sharp clarity on the goal itself you know we don't know what is the future amount which is needed to fulfill my child's education goal so first thing i would say is define your goal clearly uh second is start investing early third thing is you know investment as a You know overall investment as a philosophy is is not a short-term philosophy so plan long term when i say plan long term i mean to say stay invested don't get tempted by the volatility in the markets there's a very famous fidelity study old fidelity study which said that you know the the investors who made the highest returns were not the ones who were very Smart in switching and climbing the markets they were the ones who forgot that they had body invested in fidelity and it continued to grow for decades together so i'm not saying forget your money but all i'm saying is stay invested stay invested for long giving into the temptations of markets is is probably a mistake which is to be avoided completely Some of the things which which really deal our long-term plans are a requirement for emergency funds you know we at times are compelled to dip into our long-term goals and that details the plan so create an emergency fund and always keep it aside there are various you know various rules of thumbs that we apply in financial planning but Typically it is said that you know at least three months of your monthly expenditure amount should be kept aside as an emergency fund so that you don't have to dip into your savings which you are making for your child's long-term goal and last thing i would say is if it is possible lock in your money uh in the guaranteed products You know anything which which takes care of the worries around interest rate fluctuate fluctuation look at those investments they will take a lot of your worries away in fact uh leader just to you know close the session as you rightly said during the session as well that financial planning and good habits this is something part of our daily life it cannot be done in a day's time Uh so lastly uh how can one make sure that the returns that one is aiming at on the education fund outspaces inflation you obviously told a couple of things during the session but just to summarize the whole thing uh first thing is that you know power of compounding is known as the eighth wonder in the world if i continue to invest for the long term then the compounding Of my my returns on the investment is something which will adequately take care of inflation effect second thing is uh systematic investment will in technical terms it is called rupee cost averaging which means that you know if if i continue to invest a similar amount of money for a long period and my investments are being deployed at Different rates that also is very effective in meeting the inflation third thing is uh asset allocation how much money do you want to invest in fixed income instruments how much do you want to play in equities uh there i would first say is if you don't know how the equity markets or how the fixed incomes behave rely on a good investment product rely on fund managers And allow them to take decisions but again as a rule of thumb there's one simple rule of thumb which says that hundred minus your age is the amount of money which should get exposed to equities so you know if if somebody's at the age of 40 then 60 percent of the amount can grow in equities but if you are at 50 then you have to start reducing that know your appetite you know just because uh there's some product or some Instrument which has given fancy returns do you have that kind of peptides to play in high risk markets that's something that only you would be able to tell for yourself so these are some of the things which i feel focus on compounding go for rupee cost averaging focus on asset education and be careful about where you're investing if you're able to take care of all these Things i'm very confident that you know parents will be able to take care of inflationary increase in costsScroll down & click on Continue button for your Live Match link
Karnataka Bank
I welcome back you're watching trading our well it's a day to be a banking stock six-tenths of a percent higher on the Nifty bank and let's head straight to the MK confluence and get a get chatting with a banker Mahabaleshwar ms the md and CEO of karnataka bank now joins in hi sir good morning to you and thanks very much for speaking with us we haven't spoken to you actually since your numbers came out so just a few Quick points on your q1 numbers one I want to ask is that your slippage is while they've come off just a tad it remains still quite high close to that 500 Crow's odd mark what's the outlook now for the rest of FIA team yeah see we have been focusing on the growth management as well as distressed asset management and during the q1 we have achieved a reasonably satisfactory performance in these two friends and going forward what I am looking at is m5 Has been quite satisfactory m4 and m5 also and m6 looks to be very quite positive as far as the traction of the credit and as far as the slippage is concerned we have been able to have a moderate slippage in the QA m4 and m5 also looks to be positive for the m6 there has been some recoveries in the areas especially the borderline cases and after all the bridge the 770 branches and 12 regional offices we are focusing more on the credit growth as The last prevention of the slippage and recovery of the existing account so having said that we are also focusing on the casa growth the the new addition to the casa number is happening as per our expectations and you may be aware of the fact that we have recently introduced four variants for interest variance to our ESP products also so that has helped me to rationalize the interest all flow in the ESP sectors has been could you give us some outlook for the Folia can you do that an hour for how old advances grow yeah yeah yeah slippages yeah as far as as I said the current years I had given five priorities areas one is the credit growth second one is the stressed asset management third one is Casa fourth one is our other it dystrophy based income management and as well as the the para banking activities initiatives and technology-based of products so these are the five areas very we have been Focusing and as far as credit is concerned I am still holding on to my original statement of credit growth of 15% of plus and the asset quality wise I am still holding on to that GNP of around 4% and nnp of around 2% even though in the first quarter as you all know the first quarter generally used to be a stressful stressful quarter and we are also not an exception for that but going forward as I said young for to m12 appears to be a positive one for Karnataka Bank as far as the asset portfolio creation and also are the quality of the assets do you believe you've provided adequately in terms of provisions provision should not be a problem see the plus point as far as my bank's asset portfolio is concerned 94% of our advances are fully secured as a result even if there is a slippage in the first quarter or at the first instance fortunately for me these assets will not slip to either ds3 or loss Asset and they have to pass through that passage of substandard to ds2 LS so that gives me some the Headroom for providing the provisions is concerned 15% would be more than sufficient what is happening is that we have been attracting all those borderline cases I think you may be remembering that last time when I spoke and when I come on when I came on media I told that we have about 1% of our total advances under the borderline So in this bottling cases as of know when I am now almost in the end of m5 around 80% of these borderline cases have already resolved and hardly 10% slipped to an p.m. and another 10% is being is still under the resolution mode and still I have another one month and I feel that we should be able to perform in the management of the stress cassettes portfolio as per our original plan ok so just one final question I know you have already clarified on this Earlier but the buzz grows that perhaps there could be a Cabinet decision on PSP consolidation as early as today itself in the past you have denied that Karnataka Bank is an acquisition candidate has anything changed since then anything that you might have heard of madame ah I am NOT in the PHP sector I am still in the private sector by sector and we are growing strong sorry size of my head please accept my apologies with you know if we didn't Deep all private sector banks I mean if I look at South India Lakshmi car over federal and election me City Union you know your attractively positioned your one of the cheapest banks I mean if you look at price to book you look at market cap to business have you I mean has there been any interaction with investors on any sort of investors interaction is a continuous process in fact I have already started one investors relations sell very recently And this is mainly precisely for that purpose only because we have to be in direct touch with all our investors you may be aware of the fact that Karnataka is not promoted by any group or any major that is the reason why there's always this talk that you may be open to take oh it's been the wrong ages no it is not the case it is a shareholding is widely spread and I have around 1 lakh 40,000 shareholders and so the corporate communication is an Important area that is why we have strengthened that and of course we have our Warner growth strategy the transformation change which my board has deliberated on this we are now in the process of implementation of that transformation change as per our vision 2020 yes for the first two years of our vision 2020 that is the five years program the growth was not up to the expected level but still we have another three years Let me totally focus on that and come up to the expectation of all the stakeholders okay no immediate plans for any M&A very scattered shareholding so you're actually putting that argument about nor identifiable promoter on its head and saying because there is no one lot chunk held by any investor it actually could be tougher to do rather than easier to do I mean any potential M&A but you're very focused on growth and your plan for 2020 vision 2020 thank You very much appreciate your joining in on the show today we will take a very quick break here we focus on emphasis
IndusInd Bank
Hello everyone and welcome back to my channel random facts by shikha in today's video we will know 10 quick facts on indus in the bank before starting the video would request you to please like share and subscribe to my youtube channel indusin bank limited is one of the leading banks in india indusind bank was founded on april 1994 By sd hinduja it was founded with the objective to serve the nri community it offers its services in credit card consumer banking corporate banking finance and insurance mortgage loans private banking wealth management and investment banking it had started its operation with hundred crores out of which 60 crores were raised by indian Residents and potty crores were raised by non-residence indians industrial banks recorded a revenue of 5 billion dollars in 2020 and had an employee strength of 30 000 as on 2020 investment bank has over 2.5 crore customers close to 5 000 distribution points and nearly 2 000 branches across the country as on 2020. the sin bank has its presence outside india as well in places like london dubai and abu dhabi indusin bank has largest number of branches in mumbai and then in new delhi followed by chennai indusin bank stands stall as one of the most reputed banks in the country today and first among the new generation private banks in india If you like the video then please don't forget to hit that like button share it with your friends and subscribe to the channel you
Reliance Nippon Life Insurance Sameer's Cancer Story
IndiaFirst Life Long Guaranteed Income Plan
Aegon Life Insurance Company
We have sharply defined our strategy of being customer focused and protection delayed this means that our way of working and behaviors need to change and this needs to change for all of us because culture needs to be owned by every one of us over here the customer will define our success and not us internally out here and that's why customer expectations should lead to individual change behaviors as well it Needs to reflect in what we do as an organization that is when the customer is a center of the enterprise and will determine the success of this strategy let us commit to change each and every one of us over here let's commit to change change behaviors and change values we should go out over and out - wow the customer we should do complete need-based selling and be fair to the customer offer the right products to the Customer and do meaningful engagement and most importantly honor all our commitments to the customer we need to identify the present needs and also anticipate the future needs of the customer and sell what the customer wants and not what we want to sell engage with the customer in a meaningful way throughout the term so that he feels connected with us and honor our promises in an accurate and timely manner is selling right doing the deed analysis And not pushing in the products and it gives the right benefit and great result as well the persistency of 94% a tenth of our brands speaks the story term insurance policy is required only till the time a person however liabilities but let's say once I'm at the age of 60 I don't need a term insurance because by the time my liabilities are over my kids are grown up so rather I would suggest a customer to go for a retirement policy instead of Term insurance so instead of making a wrong sale I would rather not make a sale each and every one of you have the responsibility to go out and spread the word on protection in in the Indian market and also awareness about us as an organization we have very clearly two situations as customers need to be made aware one in terms of the basic need where don't even but they don't even have a single policy and the second in Terms of being adequately in short where they are underinsured we more empower employees to be ambassadors of life insurance whether as protection or whether as a risk of staying longer where you need to save money your savings may be over and you may not have enough for your retirement inventions mean today the challenge is the awareness is is that point-of-sale as I said when we want to sell something you go to the customer and try to create an Awareness and that too may not be necessarily exactly the need of the customer so the need of the are therefore is to spread awareness where the customer fully understand what they want to buy what is required for them and then let the customers approach us in terms of the needs that they have the other day I met a customer who wanted a product insurance product of 10 lakh rupees his monthly income would be somewhere in couple of lakhs So I told them to list all the liabilities that he had you know the lifestyle caused the children fees and everything and on the other side I told him to write down all the insurance he had by looking at the balance of what though 10 lakh cover he has and the lightly it is he understood that though another protection was missing in his portfolio think ahead anticipate the need of the customer and go out to help in Innovative solutions to service the customer when our customers purchase the product they're thinking ahead 30 40 50 60 years ahead so in order for us to be the most recommended life insurance company of our customers we need to think ahead I think the Cheetos always a means to an end it gives us the ability to directly communicate with our customers so we understand them better we can explain them better what all our products is about and it is ability for The customer to directly purchase our product make it easier for him to protect his family so while future is technology but it is also an important enabler and year 2009 when we considered this route of online insurance we did face resistance but later it became a breakthrough idea and it was widely chosen in the sector we have to carry on with the culture of innovation innovation which brings simplicity for the end customers and all This is done with the intent of making an experience which is good for the customer giving them choices and being or making them instantly a passion to perform means over achieving our goal sheets over achieving our results and over achieving customer expectations passion to perform in one word to me would mean a strong desire to deliver power excellence with a very strong focus on execution famous saying which goes like this is that if it's important For you there will be an extreme strong desire to deliver if it is not then we will probably find excuses for everything you can't really think about your function at all while deciding what needs to be delivered it has to be holistic in nature a lot of times what happens is you decide to do something but then you always take a buffer saying okay even if I do a 70% 80% is okay right but actually passion to perform means that it is not okay you have to Get to the goal poles that you have decided for yourself so let's come these behaviors and these values as we spoke about in terms of passion to perform going over and above the buying the customer every time all the time with no exceptions spread awareness in the Iranian children's market about not only our products but also about protection in general and think ahead Which means anticipating the needs of the customer and offering solutions tuned to that let's all role model these behaviors and walk the talk every time
What should a consumer keep in mind when buying Canara HSBC Oriental Bank of Commerce Life Insurance ?
hello and welcome to this very special series finance made simple joining me today is akshay dhan who's the appointed actuary at canada hsbc obc life insurance thanks very much uh akshay pleasure talking to you thank you you know uh because of the pandemic Insurance has been on top of everybody's mind but the big question that probably everybody wants answered is how do i go about selecting the right life insurance for myself so first of all you could tell us a little about that so so that's a very good question vivek um so when you decide that you want to buy life insurance you know life insurance Is a huge repertoire of products it's just not just one product so before you decide to buy or when you have decided that you need some life insurance you really need to decide what is the purpose you want to buy the life insurance for so for instance you could buy life insurance because you want to cover your family in case of an unfortunate event while you are working that could be one purpose the other Purpose could be for saving uh for a particular defining event in the future for example your kids married your kids higher education abroad the third could be your uh you know your retirement you know getting you an income in retirement so there could be a plethora of reasons why you buy life insurance so before you decide you need to really decide what is your Objective and that will then uh critically decide what product you choose or what kind of product you choose you when you buy life insurance right so suppose you have decided that you want to provide cover for your family you know when you are working uh which essentially means that if something were to happen to you you know the family uh the income would still be flowing into the Family and the families living standard will remain the same irrespective whether you're there or not see so suppose you decided that once you've decided that then the next steps will come what are the other things you want to consider while buying life insurance so things like um you know what is the policy term you want to take so in in case of pure production plans which is what i just explained to you About you would look at things like uh you know what is the working life of the individual so if i'm say i'm 30 years old and i'll be working till 60 i would want to buy at least a 30-year pulsator similarly uh what is the amount of coverage i want to buy now typically you want to see that whatever coverage you buy your family in case of your Unfortunate demise your family should be able to maintain the same standard of living which they would have maintained had you been alive and working right so that should give you an indication about the amount of color to buy an interesting variant in this is an increasing cover option because what happens in case of life insurance is that you know life rather is that as you go ahead in life your Liabilities only increase they don't reduce you know you have one kid then you probably have another kid and you maybe buy a house which has emis and stuff like that so liabilities only increase so it's it's actually useful if you can buy instead of a level cover product you can buy an increasing covered product where the coverage automatically increases every year or every few years Which kind of compensates for the increase in liabilities you'll have as an individual so that's that's one thing you would want to consider then then you would want to look at for instance things like you know what is the premium payment term you want to look at typically uh you know uh i would recommend a regular premium policy rather than as limited premium policy in case of Pure prediction plans because they are cheaper and they suit the purpose well um that's that's another thing to look at then you might want to look at things like the premium frequency you know can you afford an annual premium or do you want to pay monthly and annual premium is often cheaper as compared to a monthly premium so that's another thing you might want to look at so once you decide all these parameters And chosen what what what life insurance you want to get and what parameters you need then you might want to look at you know the available companies who have such products and what company you want to buy go for you might want to look at the financial strength of the company you know how it has performed in the past because you do want a stable life insurance company because You know here you are sitting in in a particular area where you are going to be paying premium for the next 30 40 years and you are looking for coverage for the next 30 40 years so you want a situation where the company is will be there when it's needed when it's needed to pay clean so you know you want a financially stable company you might want to look at the tnc's in detail to ensure that you know you Understood the terms and conditions of the product what is the claim settlement procedures because that's what's what is going to be needed then they are often you know in case of pure production products as an example they're add-ons you might want to buy for instance you know you have a critical illness rider or you have you know a permanent disability rider and stuff like that again you might want to see whether you Want those or not depending on what you need is for example i would personally buy a criticalness rider because not only then that product will cover me for life insurance it will also cover me in case some one of the you know one of the main criticalness were to happen to me in my working life you know so then then the loss of income and the cost of treatment would be covered using that lump sum likely paddle idea so all In all so these are the few things you might want to look at when you're buying life insurance uh yeah i think that's that they are the few key important points you might want to look at when you're buying you know life insurance products for yourself yeah and look most important you must tell your family when you bought the product what are the details and where are the documents kept and who to contact in Case in case some unfortunate event were to happen because often what happens people don't even know that their their their breadwinners have bought life insurance policies so it's important to make sure your family knows that you've bought a life insurance policy and what are the procedures to be followed in case a claim has to be made thank you very much akshay for coming by And sharing your perspective with the viewers as always a pleasure talking to you thank you very much thank you so much thank you so much