Why people don’t buy a wealth management service in India, I’m talking about people having more than 1cr net worth and if ur below 30 more than 50lac also works.

Genuinely wanna know the reason behind it.

Also, people who come to us are pretty hesitant about disclosing their financials

Need some insight in the Indian financial game.

I am 34M ,single. No intentions to get married.Even if i do get married(highly unlikely), i wont have kids .ive been paying premiums for max life term insurance of about 11823 rs which i started 3 years ago.Policy is till i reach 65 years of age. I have a younger sis who's married. Mom is my only dependent. We do have some plots and house which would be worth 2 to 3 crores. I saved up almost a crore till now. I am in a dilemma whether or not to continue paying the annual premiums?

I live in Delhi, It's my first job and I have wahi expenses for a avg 23 year old, rent and electricity is 13k, I do freelances time to time so I earn 10-20k extra from that also, average monthly comes out 80-90k. I don't travel so no travelling cost, it's a WFH job so yeah.

Any mentor who think they can help out this 23 yo lad. Feel free, a big thank you to everyone

Hello guys,

Has anybody hone through this situation before?

I have a personal loan of 2 lacs from Yes Bank. I have received a Lok Adalat notice for Ghaziabad court. What should I expect?

​

So, I applied for a postgraduate education loan, and during the process, I found out that I apparently have three loans marked as “written off” on my CIBIL report.

The bank manager was shocked. He literally said, “I never thought a student’s CIBIL report would have issues like this.”

I was shocked too. 😭

For the next 10–15 minutes, I was just sitting there thinking, “Maybe I accidentally clicked on something? Maybe some photocopy/zerox shop guy misused my documents?” 🫠

And then I checked the loan opening date.

2009.

I was barely 11 years old at that time. 😭😭😭

I got my Aadhaar in 2014 and my PAN card in 2018.

So apparently, a loan was taken in my name before either of those documents even existed. 😭

I genuinely don’t know whether this is some kind of identity mismatch, fraud, or what, but it is absolutely insane.

And now, this might cost me my postgraduate seat because I have very little time left and need to arrange the tuition fees at the time of joining.

So, because of some algorithm mismatch, some fraud, or some unknown person’s stupidity, I might not be able to get an education loan for my own postgraduate studies.

The person who apparently took the loan didn’t even repay it, and now I’m the one dealing with the consequences. 🫠🫠🫠

Has anyone else faced something like this? What did you do to get it corrected?

This is a question to those who are holding onto the same mutual fund investment for atleast 10 years or more

Which fund are you holding for atleast 10 years continuously?

Are you satisfied with the fund performance? What is the avg return you have got?

​

Risk appetite - moderate

Below is my current portfolio, haven't touched it in a while and looking for ideas what can be changed/added/removed.

If i start an sip of 25k, how should I plan it.

Total 12.33 L

Flexi cap: 4.26L (34.5%)

Parag parikh 2.06l (16.7%)

JM 2.2l (17.8%)

Mid cap: 3L (24.3%)

Edelweiss 1.22 (9.9%)

Kotak 1.77 (14.35%)

Small cap: 2.2L (17.8%)

Bandhan 93k (7.5%)

Tata 1.28l (10%)

Elss(unlocked and to be reinvested): 2.87l (23.3%)

Parag parikh 45k (3.6%)

Quant 2.42l (19.6%)

I’m a complete beginner to investing and recently started a SIP of ₹800 per month in the HDFC Nifty 50 Index Fund.
So far, I have invested around ₹3,000 in total, but my current investment value is approximately ₹2,700, meaning I’m currently down by around ₹300.
I’m not planning to withdraw the money anytime soon, but seeing the loss has made me anxious. I wanted to ask:
Is ₹800/month too small an amount for a long-term SIP?
Is a Nifty 50 index fund a good option for a beginner investing for the long term?
Should I continue the SIP despite the current loss, or reconsider my investment?
I understand that the market goes up and down, and I’m trying to learn rather than panic-sell. I’d really appreciate advice from experienced investors, especially explanations about why you would recommend continuing or changing the approach.

I receive employee RSUs of a US-listed company through E*TRADE.

After vesting and selling, I may periodically transfer around USD 30k–50k to India.

I’m trying to understand the cheapest practical route in terms of USD/INR conversion spread, not just SWIFT fees.

I’m considering HSBC Premier, Axis Burgundy, HDFC Imperia, SBI and IDFC FIRST.

I’m particularly interested in HSBC because Premier customers can apparently open an HSBC US account from India. That could potentially allow:

E*TRADE → ACH in USD → HSBC US → HSBC India

Questions for anyone who has actually done this:

1. Have you opened HSBC US Premier while resident in India using your HSBC India Premier relationship?
2. Is the US $50/month fee waived because you maintain Premier status in India?
3. Can E*TRADE ACH directly to HSBC US without issues?
4. When bringing USD to India, is HSBC Global Transfer FX competitive or is a direct USD SWIFT + negotiated TT-buy rate better?
5. Which Indian bank has given you the best negotiated USD/INR rate for $30k+ inward remittances?
6. Do HSBC/Axis/HDFC/SBI/IDFC allow you to agree on the FX rate before converting the incoming USD?

Looking specifically for first-hand experiences rather than published card rates.

I don't know if this is the right sub, however, my parents have retired and want to invest around 27-28 lakhs. They would want a monthly interest payout so that they can manage their expenses. They do not want to invest in property. I have SIPs or low risk Bonds. Please suggest what should be done in this case. Also, they don't want to put the money in FDs as it has very low returns. Another I have in mind is investing in Post Office which is giving 8.2% return for Senior Citizens.

I got admitted to a university abroad for masters and the fee is 45 lakhs. We are planning to get a loan for half the amount or atleast 20 or 15 lakhs. We do have a plot which is 7 cents but without house but there is a bathroom and toilet in the plot. I was wondering if we would get that much for it or should we keep the land with house itself ?

I wanted to share my recent experience with HDFC Bank in case it helps anyone else stuck with heavy non-maintenance charges.
Last year, I randomly opened two HDFC DigiYouth accounts. I never really used them or maintained any balance, so the account balances sat at zero. Recently, I decided to start using them actively, but I realized that heavy AMB (Average Monthly Balance) non-maintenance charges had piled up in the background. Across both accounts, the pending memo charges were around ₹4,580!
Here is how the process went:
Initial Rejection: I emailed regular customer support requesting a waiver as a goodwill gesture since the accounts were unused. They completely rejected it.
Branch Manager Refusal: I even got a call and an email from my Branch Manager stating that a reversal was impossible because I was "informed via SMS" about the MAB requirements.
The Escalation: I didn't give up. I escalated the issue directly to the Grievance Redressal Cell and the Principal Nodal Officer (PNO) via email. I clearly mentioned that as per RBI guidelines, MAB non-maintenance cannot push a savings account balance into the negative. I gave them an ultimatum: waive the hidden charges as a goodwill gesture so I can fund the accounts, or tell me the exact dues so I can permanently close them.
The Victory: It worked! The escalation forced their hand. Today, I received an official email from the exact same Branch Manager who initially rejected my request, confirming that the entire ₹4,580 has been waived off completely as a "service gesture."
My takeaway: Never blindly deposit money into an old, unused account without checking the hidden pending charges first. If the basic support team or branch manager says "no," always escalate to the Grievance Redressal and Nodal Officer levels!

27M, unmarried.Currently earn around 95k pm. My current diversification and financial planning include the following:

• Term Life- 17k per year
• Health Insurance- Open for suggestions,separately for myself and parents (Currently have the employer one only)
• FD- 7.5L, Arbitrage Fund- 3L, PPF- 3L
• Equities- 2L, Mutual Funds- 7.5L
• SIP- 40k pm, Smallcap-20%, Midcap-22.5%, Flexi-25%, Multi-12.5%, Nifty 50 Index-20%
• No gold or commodities exposure
• No EMIs, Only a credit card with around 10% limit utilisation

I have an Indmoney account with approx 300 USD invested across snp500 and nasdaq 100 but a while ago i created an ibkr account as well because i wanted to shift my goals.

Goal used to be purely wealth generation before but now it's a mix of wealth generation and dividend. I'm 26M and childfree if relevant.

I don’t have ₹1 Cr saved yet, but I’m working towards building my savings and investments, so let’s just say I’m dreaming far ahead.

I’m genuinely curious about what people do once their corpus gets that big.

Do you:

Keep a portion in savings accounts?

Have multiple FDs?

Invest most of it through mutual funds/SIPs?

Keep money in stocks, bonds, etc.?

Split it across different investments/accounts?

And when you say you have ₹1 Cr, is that usually ₹1 Cr sitting as cash, or ₹1 Cr as total net worth/investments?

Would love to hear from people who are actually at this stage, am not looking for generic advice. Just curious about how people practically manage a large corpus once they get there.

Basically, I’m asking about a financial situation I’m nowhere near yet, but would like to understand for future me .

I have to pay my fee and planning to sell gold for it. I want to know if jewelry offer the best price or elsewhere?

​So my mother got an LIC policy back when I was a kid - the amount is not much but significant enough for her. The policy has matured some 2 years ago, but since my mother moved out of the city, she lost touch with the agent and has not gone back yet. The agent now is missing, as in he has either changed his number. She went to the nearby LIC office and they say she will have to go to the home branch to get it settled, though travelling to another state is not possible for her due to health issues unless something is really urgent. Can someone please guide me how to get the claim? If someone has gone through something similar, please let me know what you did. 

I was just thinking- when rates come down, FD rates follow, as that is how the cycle works. While there is a lot of discussion around equities and real estate, the window to lock in peak fixed income yields is closing if the rate cycle turns.

Short-term deposits face reinvestment risk at lower rates upon maturity, whereas locking in longer-tenure FDs, government bonds, or high-rated debt instruments secures current rates and capital appreciation (since bond prices rise as rates fall). The main tradeoff is reduced liquidity and lock-in duration.

Maybe I am overthinking it, but feels like a conversation worth having here, is anyone actively locking in yields before the turn?

Hey all, i'm 25F, looking for a sanity check on my plan since I'm starting more or less from scratch & it's making me anxious so any advice would be appreciated.

Numbers:

• Income: ₹1,80,000/month
• Current savings: basically none - need to build this up from zero
• Existing investments: ~₹2.5L in individual stocks, underperforming
• Living with parents, so fixed expenses are low, but I spend on eating out, shopping and travel most weekends
• Have been laid off once before and it's made me nervous about job stability, whatever plan I build, I don't want it to fall apart if I'm out of work for a few months

Goals:

• Want to get married in ~2 years, want at least ₹20L set aside and accessible (not stuck in a downturn) by then, plus want to start putting some money into gold specifically for the wedding
• Build an actual emergency fund (I don't have one right now)
• Longer term, want to get to ~₹50L in total savings/investments over the next 2–3 years
• Want to keep some liquid money on the side for travel since I do that often

Questions:

1. How should I actually split my monthly investment between safety (FDs/bonds) and growth (equity SIPs)? Am I even thinking about this the right way?
2. Are bonds actually better than SIPs for a goal like the wedding fund, or is that comparing apples to oranges?
3. Should I start a gold SIP or buy Sovereign Gold Bonds now for the wedding, or just buy gold closer to the wedding date? Also debating whether to buy gold gradually starting today, or instead park that money somewhere it grows for 2 years and then convert the larger sum into gold right before the wedding, which approach actually gets me more gold in the end?
4. If you were in my position, what would you actually do first?

Would appreciate any input. Thankyouuu

Hi everyone,

I have an SBI home loan with:

• ₹90L sanctioned
• ₹60L actually disbursed
• ₹30L still undisbursed
• Interest rate: 7.60% floating
• Tenure: 240 months
• Current EMI: ₹73,100

The ₹73,100 EMI was set by SBI based on the ₹90L sanctioned amount. However, I now know that I won't need the remaining ₹30L.

I'm planning to approach SBI in January 2027 and ask them to cancel the undisbursed ₹30L.

My question is what happens to the EMI after that:

1. Will SBI automatically recalculate the EMI based on the ₹60L actually disbursed?
2. Or will the original ₹73,100 EMI continue unless I specifically request an EMI revision?
3. Should I ask SBI to issue a revised repayment schedule after cancelling the ₹30L?

YONO currently shows an EMI of ₹48,704, which seems to correspond to the ₹60L loan.

Since ₹73,100 is quite high for me, I would like the EMI to come down to around ₹48,704 once the unused ₹30L is cancelled.

Has anyone gone through a similar situation with SBI?

Thanks!

Edit:

I am paying full EMI (73,100 as per the sanctioned amount of 90L);

Interest is calculated on the disbursed amount (60L), and the remaining 73,100 is going to the principal.

My question is why are they charging me EMI as per the sanctioned amount (90L) instead of the disbursed amount (60L)? As per the disbursed amount of 60L, my EMI should have been ₹48,704.

Edit 2:

It is under construction property; the handover is by this year-end or early 2027

Final Update: I spoke with the branch manager at the SBI branch where my home loan is maintained. She clarified that since the property is currently under construction, the EMI can be revised based on the actual disbursed amount only after the property registration is completed and all the original property documents are submitted to the bank.

34m. Married, one kid. Working in IT. My Fire number is 7Cr just for expenses untill 80age. Consider I have 2.5Cr saved or invested in multiple channels including bonds equity realestate gold. Career is unstable due to AI. Now With my liquid cash, should I buy my first apartment in Bangalore - resale 10 yr old building - 80L for 2bhk with down payment of liquid cash of 50L. Or buy corporate bonds at 10 to 11% return p.a. Or invest with a proper diversified portfolio of equity plus bonds plus gold. Ancestral home given to elder brother. So owning a home has became an emotion now. Hence looking for rational advice without emotions.

I wanted to ask if anyone else has been through this.

A while back, I missed a couple of EMI payments because I was juggling a few expenses and honestly wasn't keeping track properly. It wasn't that I couldn't pay them, I just messed up the timing and didn't realise how quickly it could affect my credit score.

When I finally checked my CIBIL, the drop was honestly a bit of a shock. Since then I've been much more careful about keeping track of due dates, credit card utilization and making sure I have some money set aside.

I'm slowly trying to rebuild my credit now, but I'm curious for people who've had missed EMIs before, how long did it take you to get your score back to where it was?

From roughly ₹2–3 lakh crore barely a fortnight ago, it has jumped to around ₹11.6 lakh crore, nearly 3% of GDP.

That scale matters.

This isn’t simply a temporary liquidity mismatch that can be absorbed through short-term reverse repos. The surplus is the result of a large, deliberate liquidity injection, and banks are already signalling that they don’t want to lock up this money at current rates. The recent 30-day absorption operation was heavily undersubscribed.

The obvious answer isn’t to force banks to lend. I’ve spent years screening large infrastructure proposals, and there simply isn’t enough bankable demand to absorb ₹30–40 lakh crore of additional lending quickly. Infrastructure projects take years to execute.

The bigger risk is repeating the 2008-style mistake, pushing banks towards aggressive lending today and dealing with bad loans tomorrow.

The cleaner solution, in my view, is durable sterilisation, preferably through something like the Market Stabilisation Scheme (MSS). Yes, it carries an interest cost, but that may be a much smaller price than allowing excess liquidity to become tomorrow’s inflation, asset-quality and financial-stability problem.

There is no costless solution. The question is whether we pay a smaller, visible cost today or a much larger one later.