Insights

Barakah Finserve

Car loan comparison: Interest rate, EMI, processing fee

A loan for longer may mean smaller EMIs, which makes the car seem more affordable, but overall, you pay more as interest.Don’t forget that a car is a depreciating asset, so taking a bigger loan may not be the best thing to do

Barakah Finserve

Opinion | Jet Airways job crash: Do you have a protocol in place?

As robotics and AI take over more and more jobs, it is good for everybody to be prepared

Barakah Finserve

The better way out of a troubled fixed maturity plan for investors

FMPs are market-linked instruments and are, therefore, exposed to the return and risk characteristics of the underlying bonds in the portfolio.Investors must recognise the risky nature of these products, and fund managers must turn more cautious as FMPs are often sold as replacement for FDs. They aren’t.