What is Insurance?

Insurance is a legal agreement between two parties i.e., the insurance company and the individual. In this, the insurance company promises to make good the losses of the insured on happening of the insured contingency. The contingency is the event that causes a loss. It can be the death of the policyholder or damage/destruction of the property. It’s called a contingency because there’s uncertainty regarding the happening of the event. The insured pays a premium in return for the promise made by the insurer.  

How does Insurance work?

The insurer and the insured get a legal contract for the insurance, which is called the insurance policy. It has details about the conditions and circumstances under which the insurance company will pay out the insurance amount to either the insured person or the nominees. Insurance is a way of protecting yourself and your family from financial loss. Generally, the premium for a big insurance cover is much lesser in terms of money paid. The insurance company takes this risk of providing high coverage for a small premium because very few insured people actually end up claiming the insurance. This is why you get insurance for a big amount at a low price. Any individual or company can seek insurance from an insurance company, but the decision to provide insurance is at the discretion of the insurance company. The insurance company will evaluate the claim application to make a decision. Generally, insurance companies refuse to provide insurance to high-risk applicants.  

Types of Insurance available in India

  • Life insurance

As the name suggests, life insurance is insurance on your life. You buy life insurance to make sure your dependents are financially secure in the event of your untimely demise. Life insurance is particularly important if you are the sole breadwinner for your family or if your family is heavily reliant on your income. Under life insurance, the policyholder’s family has financially compensated in case the policyholder expires during the term of the policy.  

  • Health insurance

Health Insurance is bought to cover medical costs for expensive treatments. Different types of health insurance policies cover an array of diseases and ailments. You can buy a generic health insurance policy as well as policies for specific diseases. The premium paid towards a health insurance policy usually covers treatment, hospitalization, and medication costs.  

  • Car insurance

This insurance protects you against any untoward incidents like accidents. Some policies also compensate for damages to your car during natural calamities like floods or earthquakes. It also covers third-party liability where you have to pay damages to other vehicle owners.

  • Education insurance

Child education insurance is akin to a life insurance policy that has been specially designed as a saving tool. Education insurance can be a great way to provide a lump sum amount of money when your child reaches the age of higher education and gains entry into college (18 years and above). This fund can then be used to pay for your child’s higher education expenses. Under this insurance, the child is the life assured or the recipient of the funds, while the parent/legal guardian is the owner of the policy. You can estimate the amount of money that will go into funding your children’s higher education.

  • Home Insurance

We all dream of owning our own homes. Home insurance can help with covering loss or damage caused to your home due to accidents like fire and other natural calamities or perils. Home insurance covers other instances like lightning, earthquakes, etc.  

  • Whole Life Insurance

 As the name suggests, such policies offer life cover for the whole life of an individual, instead of a specified term. Some insurers may restrict the whole life insurance tenure to 100 years.

  • Child’s Plan 

 Investment cum insurance policy, which provides financial aid for your children throughout their lives. The death benefit is available as a lump-sum payment after the death of the parents.

  • Money-Back 

Such policies pay a certain percentage of the plan’s sum assured after regular intervals. This is known as survival benefit.

  • Retirement Plan

Also known as pension plans, these policies are a fusion of investment and insurance. A portion of the premiums goes toward creating a retirement corpus for the policyholder. This is available as a lump-sum or monthly payment after the policyholder retires.

  • Fire Insurance Policy

Fire insurance for fire accidents caused to the people who hold some assets like homes, or a building with business activities going on, the machinery, or even the stock damaged due to the Fire. Kinds of fire insurance policy in India:

  • Specific Insurance Policy

In this policy, only the specific amount of money short can be claimed for the loss incurred due to the Fire.

  • Comprehensive Insurance Policy

In this policy, the loss recovered is not only against fire-related happenings but also covers the loss/ damage caused due to burglary, robbery, etc.

  • Floating Insurance Policy

This policy is usually taken by the people who run the business of import and export as this policy helps to recover the loss/ damage caused to the stock or goods of the owner at various places.

  • Replacement Insurance Policy

In the case where the property is damaged due to fire, the insurance company compensates for the loss of that specific property according to the market price of that property pertaining at that time.

Tax benefits on Insurance in India

  • Life insurance premium of up to Rs. 1.5 lakh can be claimed as a tax-saving deduction under Section 80C
  • Medical insurance premiums of up to Rs. 25,000 for yourself and your family and Rs. 25,000 for your parents can be claimed as a tax-saving deduction under Section 80D
  • Any earnings accumulated in your insurance policy’s cash value grow free from taxes. Please note that in a variable life insurance policy, cash value growth is not guaranteed.
  • The death benefit of your permanent life insurance is generally passed on to your beneficiaries free from federal income tax.
  • Premium withdrawals may be tax-free, depending on the type of coverage you have.
  • Transfers among the underlying investment options of a variable life insurance policy are generally not subject to current income or capital gains taxes.
  • Should your need for the policy’s death benefits decrease, you can take loans or withdrawals from a life insurance policy prior to age 59½ without the 10% early withdrawal penalty?

These claims have to be made at the time of e-filing income tax returns.  

Be it life insurance, health insurance, or general insurance, you can buy an insurance policy offline as well as online. Just like there are insurance agents who will help you buy a policy, there are websites as well where you can buy a policy from. Ensure that you have done your research before choosing and investing in an insurance policy.  

Insurance: You must know before you start.

Insurance is a legal agreement or a contract between the insurer and the company. It is compensation that is given to the insurer to be protected against any kind of losses or perils. 

It is a guaranteed compensation given against losses, damage, accidents, death, etc in return for a specified payment premium.

There are six types of insurance namely, 

  1. Home insurance. 
  2. Health insurance.
  3. Vehicle insurance.
  4. Travel insurance.
  5. Disability insurance 
  6. Life insurance

Each insurance has its own benefits. For example, Health insurance, is done in case you fall ill and you have a sudden death, then your insurance will be given to your family to lead a life after you with dignity. 

“No matter what, build an emergency fund” 

The above given are some major insurance, besides there is other insurance also like long-term care insurance.  

Key elements of insurance to get valid:

  1. It should be a legal contract. It should be used for legal purposes.
  2. The parties must have the legal capacity to the contract.
  3. There must be evidence of meeting the minds between the insurer and the insured.
  4. There must be a payment or consideration. 

Before buying insurance you should know its importance and how much you should cover according to your needs.  

Insurance is not just an element to save tax, if chosen properly it can provide you with a substantial amount of coverage insurance for your family due to an unfortunate event or an insurable event. 

Generally, insurance can be divided into two segments, life insurance, and general insurance. As the name suggests, life insurance covers the policyholder’s life and general insurance covers your home, life, motor, fire, and even travel. 

Here are a few keys you need to keep in mind while buying insurance:

  1. Understand your needs 

You need to recognize why you need insurance for what purpose and do you need it for a lifetime or for a term year. For example, you want to take insurance on fire for your business premises. This influences your type and term of insurance. 

  1. Align your budget

One can buy highly affordable insurance at a very low premium. One can buy according to its needs. For example for motor insurance, you can omit passenger insurance, for one traveling alone.

  1. Safeguard your health

The foremost priority given to insurance is health insurance. It has the ability to get the best medical treatment during an emergency. 

  1. Research and buy from a reputed company. 

Before buying insurance from a company you should know what the settlement ratio is of the company. Research their work and review it to make better decisions. The premium must matter in any of the insurance so make sure you get the best premium and insurance by comparing.  Digitization has made it easier to compare and get the best. 

This is all about the insurance you must know before buying it. Make sure you buy the insurance which you can afford. 

How Fair finance is resolving all of these issues for you?

=> To choose insurance you might need to go through a lot of research and connections or even sometimes a lot of meetings with the different insurance companies. Hence Fair Finance is here with all the insurance providers at once at the same place for you with a comparative dashboard where you can view and compare the facilities and prices together then choose from the listing and pay as you wish to go.

How to reduce Home loan burden easily: Fair Finance

A home loan is not a dream, but Yes home is a dream and because of it many of us buy a home with a loan – Dinesh Das.

Home loans are extended-term loans. With this income, you remain obliged to your moneylender for a long period, usually up to 25 years. The stress of reimbursing the loan takes as long as the loan does. Besides, lenders charge disadvantages if the loan EMI (associated monthly installment) is not paid on time, over and overhead the interest you are previously paying. As such, it’s vital to ensure that the loan is reimbursed on time. You need to invent certain policies that can help reduce the overall weight of the loan – the notice rate, the EMI, and so on. Here are approximately tips and policies on how to reduce its weight in general.

Start with researching well

Research is the first and the maximum basic way of plummeting the burden of any loan. If you are a first-while borrower, doing research can seem a bit unapproachable, but there’s hardly any data you won’t find on the Internet. A basic hunt can help you find out the lot related to the home loan – from the investors offering the lowest notice rates and highest tenures, to those indicting fixed or percentage meting out fees. Comprehensive research can help you regulate the complete cost of the loan even before you method the lender. It can help you understand how you can decrease your home loan.

Opt for long-tenure loans

Paying your EMI on time deprived of non-payment is very important. If you are powerless to do so, you may have to salary a penalty. Besides, if there are recurrent defaults on EMI payments, the creditor can even seize the regulator of your possessions, since it aids as collateral. But, your home loan EMI can take missing the main chunk of your income. Thus the question remnants, how to lessen home loan EMI? Well, it’s rather simple really — just opt for a long occupancy loan. You can reimburse the loan in freeholds long-term for up to 25 years or more. This way you can lessen your monthly EMI significantly. That said, long tenures mean the complete cost of your loan will upsurge because you will be manufacturing more interest payments.

Choose the EMI date tactically

Lenders permit you to choose your EMI date when your income is on a home loan. Selecting the right date is very significant if you don’t want to avoidance on your loan and also assistances reduce home loan weight. Opt for an EMI payment date that is earlier than the day you get your salary. So, if you accept your salary on the first day of every single month, pick the fifth day of the month as your EMI date. Fundamentally, you should take a day closer to your salary day. So that you have plenty of funds to pay the EMI and you don’t have to be apprehension about additional charges connected to non-payment of EMIs.

Pay a developed down payment and use adjustable pay to lessen the burden of the loan

Another approach for home loan decrease is to pay up a clothed down payment when you first revenue on the loan. The developed the down payment you make, the lesser will be the interest rate cited on the loan. It decreases the overall burden of the advance from the very commencement. Furthermore, the processing fees also go miserable if the loaned amount is slighter. Also, you can use your mutable pay – income made from annual pluses on salary, enticements, and so on to pay extra EMIs, over and overhead the 12 annual installments. This sum can be parked in your home loan account and second-hand whensoever cash emergencies avert you from paying your monthly EMIs.

Refinance the loan if necessary

If you realize halfway through your loan that the interest rate you are paying is too high and you are wondering how to reduce your home loan interest rate, you can simply refinance the loan. Negotiate the loan terms with your current lender and seek a lower interest rate. You can also switch lenders by transferring your loan to one that has a lower interest rate. You should pay special attention to home loan interest rates and use this strategy whenever the RBI announces a reduction in interest rates.

Finally, as previously stated, it is simple to reduce home loan costs if you plan ahead of time. Whether it’s researching different lenders or making a substantial down payment, negotiating loan terms with your lender, or opting for longer loan terms, all of these strategies are simple, straightforward, and practical. Using these strategies can result in significant long-term savings.

How to Decrease the Burden of Home Loan EMIs?

Here are some ideas for lowering your home loan EMIs: 1. Choose a home loan balance transfer to have your loan term extended. Because a longer loan tenure implies a lower EMI, most of us consider extending the loan tenure to reduce the EMI burden.

How can the principal amount of a home loan be reduced?

Higher down payment: When obtaining a home loan, a higher down payment can reduce the principal amount. Lower interest and EMI payments result from a lower principal amount. Home loan prepayment: If it is possible to pay off a portion of a home loan before the end of its term, it can reduce overall interest payments.

How to make an investment plan: Fair Finance

After determining your risk profile, the next step in your investment guide is to decide what to invest in. You can select from a variety of investment options based on your current financial situation, financial goals, and risk tolerance.

If you are a risk-averse investor, for example, you can choose safer investment options such as a fixed deposit and the Public Provident Fund (PPF). If you want to increase the risk exposure in your portfolio, however, you can choose high-risk investments such as direct equity or equity mutual funds.

In addition to the investment options you select, your portfolio should include life insurance to protect yourself and your family in the event of an unforeseen event. This, too, can be tailored to your risk profile.

You can choose a savings plan if your primary goal is to save money with guaranteed returns. If, on the other hand, you want to combine insurance with market-linked investments, a Unit Linked Insurance Plan is an option (ULIP).

This phase also includes asset allocation. This is essentially how much money you want to put into each of the options you’ve chosen. 

Monitor and rebalance

Finally, once you’ve decided on your investment options and how much money to put into them, you can sit back and relax. This reprieve, however, is only temporary, as you must constantly monitor and track your investment portfolio.

If your initial asset allocation is thrown off, you must rebalance your portfolio. Portfolio rebalancing is an essential component of any investment strategy. It must also be done every six months or once a year.

For example, suppose you have Rs. 1 lakh to invest today and want to start with a 70:30 mix of equity and debt. In that case, your initial asset allocation will look like this:

Rs. 80,000 in equity

Rs. 40,000 in debt

If the equity markets perform well over the next year, your investment value may change as follows.

Rs. 2,00,000 in equity

Rs. 1,00,000 in debt

In that case, you’ll need to rebalance your portfolio to achieve the original 70:30 split, as shown below.

Rs. 2,05,000 in equity

Rs. 1,05,00 in debt


This summarises the fundamentals of developing your investment strategy. Remember that this is just a starting point for your investment. You can always modify it to meet your specific needs. If you have any doubts, a financial expert is only a phone call or a meeting away. Before making a financial decision, make sure you have all of your questions answered.


What Should a Financial Plan Look Like?

A financial plan depicts your current financial situation, financial goals, and any strategies you’ve devised to achieve those goals. Details about your cash flow, savings, debt, investments, insurance, and any other aspects of your financial life should be incluaded in good financial planning.

What Is The Safest Investment With Highest Return?

High-quality bonds and fixed-indexed annuities are frequently regarded as the safest and most profitable investments. However, there are numerous types of bond funds and annuities, each with its own set of risks and rewards. Based on past performance, government bonds, for example, are generally more stable than corporate bonds.

What Is The Most Important Part Of a Financial Plan?

Budgeting is the most important first step in financial planning. Setting a budget is simple; sticking to it is more difficult! What matters is that you have the discipline to take the time and care to record and reconcile your expenses in some way..

How To Apply For A Loan From Fair Finance 

Know the ladders to get the cash you seek at the best likely rate with Fair Finance 

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A loan is a money that you derive for just about any purpose, counting debt consolidation, an unanticipated medical bill, a new application, a vacation, or uniform a student loan. You pay the money back—counting interest—in monthly installments ended time, frequently two to five years, Most individual loans are unsecured, denotation that they are not supported by collateral.

The attention you pay is uttered as an annual percentage rate (APR). The normal APR on a personal loan is 10.73% as of May 2022, but it can choose from 6% to 36% dependent on your creditworthiness, including an examination of your revenue, debts, and credit score.

You can get a loan finished by a bank, credit union, credit card issuer, or online financial lender. You can generally apply online or in person and will have to offer some basic personal and financial info. Your lender will deliberate your employment status, income, outstanding debts, and overall credit score to evaluate whether you are qualified for a loan and control the notice rate that you will pay.

How to Qualify for a loan from Fair Finance 

There are some basic steps to income to qualify for a loan, with the first being to make it unquestionable that it’s right for you. For sample, if you want to borrow money to change your house or buy a car, a home fairness loan or an auto loan may originate with a lower interest rate. Unlike indiscreet personal loans grounded solely on your solvency, these loans are protected by the home you want to fix up or the car you poverty to buy. Although compensable for a family vacation or combining debt fits into the personal loan category, you also may want to check into a 0% initial APR credit card. But if you go in that direction, be sure that you can pay off the equilibrium before the 0% rate perishes.

Belongings to Consider Before Applying for a Loan From Fair Finance

Beforehand you either start shopping everywhere for loans or begin to work out how considerably you would like to borrow, there are a number of important deliberations you should make:

First, make sure you appreciate how loan providers rapidly the cost of a loan, so you can make sure that you have the aptitude to pay it back. Several online computers can help you to work out your genuine monthly payments; make sure you consult them when you are spending for loans.

Nevertheless, personal loans are characteristically a fairly inexpensive way to borrow, you shouldn’t overlook other foundations of cash. For example, you can plagiarise against the equity in your house or put an outlay on a credit card if you are sure that you can pay it back fast.

What Documents Are Compulsory For a Loan Application?

Each loan wage-earner is different and may ask for diverse documents as you apply for a loan. On the loan claim itself, you’ll be asked for your Permanent Account Number (PAN), address, and your income. You will also generally need at least three documents to apply for a loan:

Resistant of identities, such as a driver’s license, passport, or govt-issued ID card.

Resistant of your income. You may necessity to provide pay stubs (Salary or income proof), tax returns, bank statements, or your employer’s contact material. If you are self-employed, the loan wage earner may ask for bank statements or tax returns.

Proof of address. You can use a helpfulness bill or your rental agreement for this. If you don’t have either, you might be able to use a loan statement, voter registration card, property tax receipt, or bank or credit card statement.

In the calculation of this basic information, your loan provider power asks you to provide the particulars for either a co-signee or the determination of the loan

Check Your Credit

As loans rely profoundly on your creditworthiness, check your credit scores and find updated credit gossip from each of the three major credit reportage agencies—Equifax, Experian, Crif Highmark, and TransUnion or even can ask Fair Finance to generate one for yourself —previously you apply. Not a soul of these actions, raised to as soft explorations, will impact your wealth or credit score. That only ensues when you apply for a loan and the creditor makes what’s known as a stiff inquiry.

You can get a free credit report from each of the chief reporting agencies once per day by visiting our website


  • A personal loan can be used for nearly any reason, from debt merging to unexpected doctor bills to taking a vacation.
  • Most personal loans do not demand collateral, which makes them indiscreet loans.
  • Personal loans are necessary to be paid back over a set term, typically two to five years.
  • The top personal loans will be contingent a lot on your creditworthiness (as unhurried by your credit score) and why you require the loan.
  • How to Qualify for a Loan
  • There are many stepladders to take to qualify for a personal loan, with the first being to make sure that it’s right for you. 

Although paying for a family trip or consolidating debt fits into the private loan category, you also may want to check into a 0% preliminary APR credit card. But if you go that road, be sure that you can wage off the balance before the 0% rate expires.

Decide How Much to Borrow

Remember that once you borrow money, you don’t just pay back the innovative loan. Except for that 0% card, paid off on time, you also pay attention or “rent” on the money you borrow. There’s no motive to pay interest on the currency you don’t need, so only borrow what is needed. On the other hand, if you plagiarise less than you need, you may be involuntary to turn to more expensive loan foundations at the last minute.

Finally, type sure you can afford the expenditures on the amount you do borrow. There’s nothing worse than overstretching yourself financially if the best thing would have been to wait until your monies improve.


Check Your Eligibility

Visit the Fair Finance website ( ) or make a  call to +919123309198 to know more to determine if your monetary profile makes you eligible for a loan from that financier. Find out if there is a minimum compulsory credit score and whether there is a revenue threshold. Determine if there’s a compulsory minimum length of credit history—three years or extra is common—and what is measured as a suitable debt-to-income ratio.

Check Out the Details

Now that you know you are pre-capable, it’s time to pre-qualify the moneylender. Go through the info and disclosures in your pre-approval letter and return to the website to look for the following:

Expected Loan Amount, APR, Monthly Payment, and Loan Period. It may or may not be meticulous, but it will give you rather with which to compare other pre-permitted loans.

Fees and Penalties. Will this loan have a beginning fee? If so, how much? What are the consequences or fees for late or missed payments? Are there any other charges?

Type of Interest. Is the attention rate fixed or variable? Do I have a high quality, and if so, what’s the variance in rates?

Indiscreet or Secured. Will this be a leaky or secured loan? For a protected loan, what is the required collateral?

Reflex Withdrawal. Are automatic removals of monthly payments compulsory or optional? If non-compulsory, will I get a lower attention rate if I agree to reflex withdrawals?

Fair Finance Loan Application Online 

Once you go through all details, you can simply search for “Apply Now” of Fair Finance and you can fill out the form as required. Then you can get the Loan itself. 

Guidelines Of Investment: Fair Finance 

Are you a spender or a saver?

If you chose the former, you are in the majority. According to a 2019 Charles Schwab survey, approximately 59% of Americans consider themselves savers. However, when compared to more recent findings, 63% of respondents in a similar demographic are currently living paycheck to paycheck.

There is a misalignment between the financial goals we set and the steps we take to achieve them.

Many of us are taught from a young age that saving is the quickest way to accumulate wealth and achieve financial independence. However, this is a myth. While saving is important in achieving both goals, making wise investments with your money makes them much more attainable.

Most people are afraid of financial loss rather than financial gain, which is understandable. When we work hard and are disciplined enough to forego consumption to save, the thought of losing our hard-earned dollars is understandably unsettling. As a result, we deposit our funds in an FDIC-insured bank account.

The problem is that the money we put into our accounts will almost certainly lose value. Savings account interest rates are so low that they can’t even keep up with inflation, which means our money loses purchasing power as we save.

But there is some good news. You can reduce the risk factor, increase the reward factor, and generate meaningful returns without feeling like you’d be better off in Vegas if you make smart decisions and invest in the right places.

Here are a few questions to think about as you begin.

Why should you invest?

Saving versus investing is a frequently discussed topic in financial circles. However, they are two sides of the same coin.

Saving is an essential part of the financial toolbox when it comes to wealth creation — not because it creates wealth on its own, but because it provides the capital required to invest. At the very least, investing allows you to keep up with inflationary cost-of-living increases. The possibility of compounding interest, or growth earned on growth, is the most significant advantage of a long-term investment strategy.

How much should you save vs. invest?

Given that each investor enters the market for a variety of reasons, the best answer to the question of how much you should save is “as much as possible.” As a general rule, saving 20% of your income is a good place to start. Although more is always better, I believe that 20% allows you to accumulate a significant amount of capital over the course of your career.

Initially, you should use these savings to build an emergency fund equal to three to six months’ worth of regular expenses. After you’ve accumulated these emergency funds, invest any remaining funds that aren’t being used for specific short-term expenses.

Invested wisely — and over a long period — this capital can multiply.

How do investments work? 

Understanding the market: In the financial world, the market refers to the location where you can buy and sell stocks, bonds, and other assets. Do not use your bank account to enter the market.

You must first open an investment account, similar to a brokerage account, which you will fund with cash and use to purchase stocks, bonds, and other investable assets. Firms like Schwab and Fidelity will allow you to do this in the same way that you would open a bank account.

Stocks vs. bonds: Publicly traded companies use the market to raise funds for their operations, growth, and expansion by issuing stocks (small pieces of the company’s ownership) or bonds (debt).

When a corporation issues bonds on the market, They are seeking loans from investors to fund its organization. Investors purchase the bonds, and the company repays them plus a percentage of interest over time.

Stocks, on the other hand, are small pieces of a company’s equity. When a company goes public, its stock can be bought and sold on the open market, indicating that it is no longer privately held. A stock price reflects the company’s value in general, but the actual price is determined by what market participants are willing to pay or accept on any given day. Because of the price volatility, stocks are more volatile than bonds. If a company receives bad news, people may want to pay less for shares than they did previously, lowering the stock price. If you paid a high price for the stock, you risk losing it if the price falls.

Stocks are also riskier because when companies fail, bondholders get their money back whereas stockholders do not.

Making (and losing) money: Depending on the purchase and sale price of whatever you buy, you make or lose money in the market. You make ₹5 if you buy a stock at ₹10 and sell it at ₹15. You lose ₹5 if you buy at ₹15 and sell at ₹10. Only gains and losses are “realized.”

or counted when you sell the asset — so a stock you bought at ₹10 could fall to ₹6, but you’ll only “lose” ₹4 if you sell it at ₹6. Perhaps you wait a year and then sell the stock when it reaches ₹11, earning ₹1 per share.

Are you investing reasonably?

Now that you understand how investing works, consider where you want to put your money. As a general rule, the best risk an investor can take is a calculated one.

But how can you possibly be calculated? How can you tell the difference between a smart investment and a risky investment? To be honest, the terms “smart” and “risky” are relative to each investor. Your circumstances (e.g., age, debt level, family status) or risk tolerance can assist you in determining where you fall on the risk spectrum.

Younger investors with many years before retirement should have riskier portfolios in general. That longer time horizon gives investors more years to weather market ups and downs — and during their working years, investors are ideally just getting started.

rather than withdrawing funds from their investment accounts

Someone nearing retirement, on the other hand, is much more vulnerable to market fluctuations. If you use an investment account to cover your living expenses, you may be forced to withdraw funds from the account during a market downturn, which will not only reduce your portfolio but may also result in significant investment losses.

A higher-risk portfolio would most likely include a large number of stocks and few (if any) bonds. As young investors get older and need to reduce the risk in their portfolios, they should reduce their stock holdings and increase their bond holdings.

The ebb and flow of life will have a greater impact on your investments than you may realize. Being realistic about your current financial situation will help you make sound decisions about where to invest your money.

Are you building wealth that lasts?

Higher-than-average returns almost always necessitate taking higher-than-average risks, and there are no free lunches in investing. Stay focused on three long-term investment musts as you work to build wealth and secure your financial future:

Create a “just in case” emergency fund: Almost a quarter of all Indians have no emergency savings. Don’t let yourself fall into that trap. Retirement savings accounts are important savings vehicles, but using them before retirement usually results in steep tax penalties. To avoid this, create an emergency fund, as previously described, that is equal to three to six months of living expenses.

Making saving automatic — that is, having your bank automatically direct a portion of your paycheck into a savings account — is one of the most important things you can do for your financial future. This ensures that you save consistently rather than forcing you to make an active decision to save money.

This sum should be kept in a low-risk location, such as a bank account, and it should be liquid (i.e., cash or something else that is always available to you) so that you can access it if necessary. After you’ve established an emergency fund, invest your future savings by your risk tolerance.

Direct your savings: In general, you’ll want to begin by determining what percentage of your assets you want to save.

want to be invested in riskier assets (stocks/shares) and what percentage do you want to be invested in safer assets (cash and bonds)? This is determined by your risk tolerance, as discussed above. Someone who is young and working should invest almost entirely in stocks, whereas someone nearing retirement should invest more in bonds.

If you’re just getting started with investing, I believe you should consider mutual funds or ETFs (collections of stocks, bonds, and other investment vehicles) rather than individual stocks (ownership in only one company) because it will be easier to create a diversified account using funds if the account is small.

Diversification (having a diverse portfolio) is important because it reduces the likelihood that your entire portfolio will lose value during a market downturn. You’ll want to look for funds with a proven track record and reasonable fees; popular press and dedicated research sites such as Morningstar or Yahoo Finance will have this information.

When you’re ready to begin investing in individual stocks, you should follow the same procedure.

Conduct research on any companies you are considering: Do they have a proven track record? Is their management effective? Is the stock price appropriate? Is it a good way to diversify your portfolio, or is it similar to what you already have? Take your time with this step to ensure you’re making informed investment decisions. Make variety your investment theme: Diversification across your entire investment “portfolio” (i.e., all of your investments) is critical to wealth creation because it allows you to manage risk more effectively. Stocks are one of the most talked-about investments, but you wouldn’t want to rely on the success of a single company — or even a broader market — for your entire financial future.

Depending on your financial situation and risk tolerance, you may want to consider investing in private equity, venture capital, precious metals, commodities, and real estate. All of these investments can help you diversify your portfolio and manage risk.

Why? Because they rely on different underlying drivers. This means that they generally operate in ways that are uncorrelated with one another and with more traditional investments such as stocks and bonds, so they may rise when stocks fall.

A well-constructed portfolio should include a variety of assets (stocks, bonds, etc.) that do not move in lockstep. This reduces a portfolio’s volatility without necessarily lowering its return potential.

While these steps will not guarantee complete financial independence, I believe they are a good place to start. They can assist you in saving money, diversifying your portfolio, and beginning to build wealth for a better financial future.

The Difference between Liability and Assets?

Your company’s assets are the items it owns that can provide future economic benefit. Liabilities are amounts owed to third parties. In a nutshell, assets put money in your pocket, while liabilities take money out!


In today’s banking environment, whether you get a mortgage or a credit card, or a personal or a business loan, is sometimes determined by one simple factor: Your credit score. This numerical rating, based on information in your credit report, provides an easy way to assess your risk of loan default. It’s no surprise that consumers want to know their credit score as soon as possible, preferably as part of a free credit check.

Avoid Getting Trapped

Numerous websites claim to provide free credit scores. However, many of them have a major flaw: they are not truly free.

When visitors sign up, they are frequently unknowingly enrolled in a credit monitoring service that charges a monthly fee. many Govt. or Agencies attempted to put a stop to this practice in 2010. It required “free” sites to post a notice stating that the only authorized source for free credit reports (but not free credit scores) under financial law is.

Credit monitoring companies deftly avoided these notifications. To avoid the rule, (from third-party help), perhaps the most well-known of these sites, began offering credit scores for ₹99.99.

CREDIT Score Range

The Credit Score (a three-digit number) provides a summary of the credit history based on information from the Credit Report such as ‘Enquiries’ and ‘Accounts.’ The Credit score varies from 300 to 900. The more sophisticated your Credit score, the cooler it is to obtain a loan or a credit card. Production of late payments and making many studies will lower your Credit Score. A credit score of 750 or developed is considered perfect, and you will be suitable for a variety of credit cards and loans. If your credit score is higher than 750, it will be difficult to obtain a loan from an NBFC or a bank.

If the loan is approved, if the Credit Score is nearby to 750, the interest tolls will be in height. Banks and financial institutions If the credit score is low, NBFCs will reject the application. Credit Inquiries, Public Records, Account History, and Credit Rapid are the four maximum important pieces of a credit report. The credit mix, new credits, tenure, credit utilization, credit balance, and repayment history are all factors considered by Creditwhen calculating the credit score.

 In India, a credit score of 800 or higher is considered brilliant. A good credit score is greater than 700. The higher your credit score, the more confident banks, and non-bank financial institutions are that you will be able to repay the loan. The majority of credit scores fall between 600 and 750. Various lenders, including NBFCs and banks, offer loans and credit cards based on credit scores. Car loan approval is also influenced by your credit score. The lower the down payment and interest rates, the better the credit score.

Very poor credit scores range from 300 to 579. Then 580 to 669, 670 to 739, 740 to 799, and 800 to 850 are reasonable, good, very good, and excellent Credit scores are determined by several factors, including negative information, recent credit applications, credit history, credit history length, credit utilization, and payment history. Details not available in the credit report, child support payments, where you live, your income, employment, and age are some of the factors that do not affect your credit score. Paying all of your bills on time and not making multiple inquiries will keep your credit score from falling.


Why Should I Check My Credit Score?

It is critical that you keep an eye on your credit score. It is the most accurate way of determining your chances of obtaining a line of credit. Another reason to monitor your credit score is to see if it drops or if credit agencies make mistakes when calculating your score. This will back you in making appropriate corrections.

Why Is Fair Finance Giving Me My Credit Score For Free?

Fair Finance believes that you should always have full control over your finances. To assist you in achieving this goal, we have made it possible for you to check your credit score for free. Knowing your credit score before applying for a loan can be extremely beneficial.

If you have a good credit score, you can be confident that your loan or credit card application will be processed quickly. You can even use a good credit score to ask your lender bank for lower interest rates and other benefits. Seeking credit with a low credit score, on the other hand, will lower your score even further. Let’s not even think about getting a credit line approved. As a result, before applying for a loan, check your credit score online.

What Is The Difference Between Payment History And Credit History?

Payment history displays how you’ve paid your bills and finished the course of your credit history. This repayment evidence is the primary reason why payment history accounts for 35% of your score and is a significant factor in its calculation.

Is It Safe To Get A Free Credit Score?

It can have an impact on credit card approvals and even job applications. Obtaining a free credit report can be risk-free if you are cautious about the website from which you obtain it. Credit reports are provided by three major credit reporting agencies: Equifax, Experian, and TransUnion.

But do remember that most of banking people are idiots and they don’t know the difference between a Credit report/history check and making an inquiry for a loan. So if you want to check your credit report or score that has no impact but if it is an inquiry then it will hurt your score and impact badly for sure.

to know more you may contact our credit experts today now.

Terms & Conditions

Welcome to Fair finance!

These terms and conditions outline the rules and regulations for the use of Fair Finance’s Website, located at

By accessing this website we assume you accept these terms and conditions. Do not continue to use Fair finance if you do not agree to take all of the terms and conditions stated on this page. Our Terms and Conditions were created with the help of the Terms And Conditions Generator and the Terms & Conditions Generator.

The following terminology applies to these Terms and Conditions, Privacy Statement and Disclaimer Notice and all Agreements: “Client”, “You” and “Your” refers to you, the person log on this website and compliant to the Company’s terms and conditions. “The Company”, “Ourselves”, “We”, “Our” and “Us”, refers to our Company. “Party”, “Parties”, or “Us”, refers to both the Client and ourselves. All terms refer to the offer, acceptance and consideration of payment necessary to undertake the process of our assistance to the Client in the most appropriate manner for the express purpose of meeting the Client’s needs in respect of provision of the Company’s stated services, in accordance with and subject to, prevailing law of Netherlands. Any use of the above terminology or other words in the singular, plural, capitalization and/or he/she or they, are taken as interchangeable and therefore as referring to same.


We employ the use of cookies. By accessing Fair finance, you agreed to use cookies in agreement with the Fair Finance’s Privacy Policy.

Most interactive websites use cookies to let us retrieve the user’s details for each visit. Cookies are used by our website to enable the functionality of certain areas to make it easier for people visiting our website. Some of our affiliate/advertising partners may also use cookies.


Unless otherwise stated, Fair Finance and/or its licensors own the intellectual property rights for all material on Fair finance. All intellectual property rights are reserved. You may access this from Fair finance for your own personal use subjected to restrictions set in these terms and conditions.

You must not:

  • Republish material from Fair finance
  • Sell, rent or sub-license material from Fair finance
  • Reproduce, duplicate or copy material from Fair finance
  • Redistribute content from Fair finance

This Agreement shall begin on the date hereof.

Parts of this website offer an opportunity for users to post and exchange opinions and information in certain areas of the website. Fair Finance does not filter, edit, publish or review Comments prior to their presence on the website. Comments do not reflect the views and opinions of Fair Finance,its agents and/or affiliates. Comments reflect the views and opinions of the person who post their views and opinions. To the extent permitted by applicable laws, Fair Finance shall not be liable for the Comments or for any liability, damages or expenses caused and/or suffered as a result of any use of and/or posting of and/or appearance of the Comments on this website.

Fair Finance reserves the right to monitor all Comments and to remove any Comments which can be considered inappropriate, offensive or causes breach of these Terms and Conditions.

You warrant and represent that:

  • You are entitled to post the Comments on our website and have all necessary licenses and consents to do so;
  • The Comments do not invade any intellectual property right, including without limitation copyright, patent or trademark of any third party;
  • The Comments do not contain any defamatory, libelous, offensive, indecent or otherwise unlawful material which is an invasion of privacy
  • The Comments will not be used to solicit or promote business or custom or present commercial activities or unlawful activity.

You hereby grant Fair Finance a non-exclusive license to use, reproduce, edit and authorize others to use, reproduce and edit any of your Comments in any and all forms, formats or media.

Hyperlinking to our Content

The following organizations may link to our Website without prior written approval:

  • Government agencies;
  • Search engines;
  • News organizations;
  • Online directory distributors may link to our Website in the same manner as they hyperlink to the Websites of other listed businesses; and
  • System wide Accredited Businesses except soliciting non-profit organizations, charity shopping malls, and charity fundraising groups which may not hyperlink to our Web site.

These organizations may link to our home page, to publications or to other Website information so long as the link: (a) is not in any way deceptive; (b) does not falsely imply sponsorship, endorsement or approval of the linking party and its products and/or services; and (c) fits within the context of the linking party’s site.

We may consider and approve other link requests from the following types of organizations:

  • commonly-known consumer and/or business information sources;
  • community sites;
  • associations or other groups representing charities;
  • online directory distributors;
  • internet portals;
  • accounting, law and consulting firms; and
  • educational institutions and trade associations.

We will approve link requests from these organizations if we decide that: (a) the link would not make us look unfavorably to ourselves or to our accredited businesses; (b) the organization does not have any negative records with us; (c) the benefit to us from the visibility of the hyperlink compensates the absence of Fair Finance; and (d) the link is in the context of general resource information.

These organizations may link to our home page so long as the link: (a) is not in any way deceptive; (b) does not falsely imply sponsorship, endorsement or approval of the linking party and its products or services; and (c) fits within the context of the linking party’s site.

If you are one of the organizations listed in paragraph 2 above and are interested in linking to our website, you must inform us by sending an e-mail to Fair Finance. Please include your name, your organization name, contact information as well as the URL of your site, a list of any URLs from which you intend to link to our Website, and a list of the URLs on our site to which you would like to link. Wait 2-3 weeks for a response.

Approved organizations may hyperlink to our Website as follows:

  • By use of our corporate name; or
  • By use of the uniform resource locator being linked to; or
  • By use of any other description of our Website being linked to that makes sense within the context and format of content on the linking party’s site.

No use of Fair Finance’s logo or other artwork will be allowed for linking absent a trademark license agreement.


Without prior approval and written permission, you may not create frames around our Webpages that alter in any way the visual presentation or appearance of our Website.

Content Liability

We shall not be hold responsible for any content that appears on your Website. You agree to protect and defend us against all claims that is rising on your Website. No link(s) should appear on any Website that may be interpreted as libelous, obscene or criminal, or which infringes, otherwise violates, or advocates the infringement or other violation of, any third party rights.

Your Privacy

Please read Privacy Policy

Reservation of Rights

We reserve the right to request that you remove all links or any particular link to our Website. You approve to immediately remove all links to our Website upon request. We also reserve the right to amen these terms and conditions and it’s linking policy at any time. By continuously linking to our Website, you agree to be bound to and follow these linking terms and conditions.

Removal of links from our website

If you find any link on our Website that is offensive for any reason, you are free to contact and inform us any moment. We will consider requests to remove links but we are not obligated to or so or to respond to you directly.

We do not ensure that the information on this website is correct, we do not warrant its completeness or accuracy; nor do we promise to ensure that the website remains available or that the material on the website is kept up to date.


To the maximum extent permitted by applicable law, we exclude all representations, warranties and conditions relating to our website and the use of this website. Nothing in this disclaimer will:

  • limit or exclude our or your liability for death or personal injury;
  • limit or exclude our or your liability for fraud or fraudulent misrepresentation;
  • limit any of our or your liabilities in any way that is not permitted under applicable law; or
  • exclude any of our or your liabilities that may not be excluded under applicable law.

The limitations and prohibitions of liability set in this Section and elsewhere in this disclaimer: (a) are subject to the preceding paragraph; and (b) govern all liabilities arising under the disclaimer, including liabilities arising in contract, in tort and for breach of statutory duty.

As long as the website and the information and services on the website are provided free of charge, we will not be liable for any loss or damage of any nature.




The information contained on website (the “Services”) is for general information purposes only.

fair finance assumes no responsibility for errors or omissions in the contents on the Service.

In no event shall fair finance be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other arising out of or in connection with the use of the Service or the contents of the Service.

Although you all need to keep it in mind that you have to be a client of fair Finance and all of your claim should be authentic and genuine.

You also need to keep it in mind fair Finance will take responsibilities of only those factors which has been a proper base of validation, i.e – all of your documents should reach to the office in a manner or all the payments should have been made against a invoice for sure. 

fair finance reserves the right to make additions, deletions, or modification to the contents on the Service at any time without prior notice. 

fair finance does not warrant that the website is free of viruses or other harmful components.



20180811 OPP510

We take our users’ privacy very seriously. If you have any questions regarding our Privacy Policy, please contact us.

Fair Finance is wholly owned and operated by itself.

By using Fair finance content, you accept our Terms and Conditions which includes this Privacy Policy. If you do not want to be bound by Fair finance’ Privacy Policy, or Terms and Conditions, your only remedy is to stop using Fair finance’ content & Services.

Information sharing

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Fair finance takes the privacy of our visitors very seriously. Fair finance does not share the information it collects, whether general or personal, in any specific way with third parties without visitor consent or as otherwise required by law.

Fair finance may collect:

(1) personal or

(2) general visitor-related information



(1) Personal Information Including :

Fair finance does not sell, lease or share personal information, including names and email addresses, with any third party without the consent of the customer.

Visitors will not be required to provide personal information for ordinary use of the site. Visitors may have the opportunity to provide Fair finance with their personal information in response to specific services or tasks (e.g., signing up for Fair finance’s newsletter or the services listed on the website or the service the customer may have been ask for). In order to receive additional services, visitors may be required to provide personal information such as names and email addresses, employment status, banking details, credit history, emergency contacts etc.


(2) General Information

Like many other web sites, Fair finance tracks general information tied to our visitors to enhance our visitors’ experiences by analyzing trends, administering the site, tracking user’s movement around the site, and gathering demographic information. This information that is tracked, also referred to as log files, includes but is not limited to, internet protocol (IP) addresses, browser types, Internet Service Providers (ISPs), access times, referring web sites, exit pages, and click activity. This information that is tracked does not identify a visitor personally (e.g., by name).

One way Fair finance collects this general information is through cookies, a small text file with a unique identifying string of characters. Cookies help Fair finance store information about visitors’ preferences, record user-specific information about the pages users access, and customize web content based on a visitor’s browser type or other information that the visitor sends through their browser.

You can disable cookies in your web browser so that cookies are not set without your permission. Note that disabling cookies, may limit the features and services available to you. The cookies that Fair finance sets are not tied to any personal information. More detailed information about cookie management with specific web browsers can be found at the browsers’ respective websites.


Other sites

Fair finance’s Privacy Policy only applies to Fair finance content. Other websites, including those that advertise on Fair finance, link to Fair finance, or that Fair finance links to, may have their own policies.

When you click on these ads or links, these third party advertisers or sites automatically receive your IP address. Other technologies, like cookies, JavaScript, or web beacons, may also be used by the third-party ad networks to measure the effectiveness of their advertisements and/or to personalize the advertising content that you see.

Fair finance has no control over, and is not responsible for, the ways these other websites collect or use your information. You should consult the respective privacy policies of these third-party ad servers for more information on their practices as well as for instructions on how to opt-out of certain practices.


Google’s doubleclick dart cookies

As a third party advertising vendor, Google will place a DART cookie on your computer when you visit a site using DoubleClick or Google AdSense advertising. Google uses this cookie to serve ads specific to you and your interests. The ads shown may be targeted based on your previous browsing history. DART cookies only use non-personally identifiable information. They do not track personal information about you, such as your name, email address, physical address, telephone number, social security numbers, bank account numbers or credit card numbers. You may prevent Google from using DART cookies on your computer by visiting the Google ad and content network privacy policy.


Google adwords conversion tracking

This website uses the ‘Google AdWords’ online advertising program, specifically its conversion tracking function. The conversion tracking cookie is set when a user clicks on an ad delivered by Google. These cookies will expire after 30 days and do not yield personal identification. If the user visits certain pages of this website and the cookie has not expired, we and Google will detect that the user has clicked on the ad and been redirected to this page.


Policy changes

Please note that we may change our Privacy Policy from time to time. Users can view our latest Privacy Policy at any time by visiting: https://Fair


Contact us

If you have any questions about our Privacy Policy, feel free to contact us by email, or in other following methods:

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