The inflation rate is rapidly rising, given that your money’s purchasing power is reducing. You should invest to ensure that you lead a decent lifestyle and that your loved ones are taken care of regardless of anything. Investments facilitate wealth creation. They make various financial goals achievable. You can also rely on your investments to get through all emergencies.
Wealth creation is easy if you do it in the right way. If you lack time or wealth creation experience, you should consider Wealth Management. Leading banks have curated incredible Wealth Management services. It includes different wealth solutions and products that make your journey hassle-free and profitable. Following is a detailed list of wealth solutions you can enjoy under Wealth Management:
Mutual Funds
Mutual Funds are the preferred investment option nowadays. It offers decent returns and better liquidity. They are highly versatile. You can invest to achieve any financial goal. Under Wealth Management, you can access 260 approved Mutual Funds from 21 leading Asset Management Companies. You can easily invest in any fund. On the bank’s portal, you also find a dashboard to view and track your Mutua Funds performance in real time.
Sophisticated wealth solutions
With Wealth Management services, you can access a range of sophisticated wealth solutions. You can invest in private Equity, Real-Estate Funds, Alternate Investment Funds, and other structured products. This means you can find a suitable wealth product matching your financial objectives and risk appetite. You can also enjoy Portfolio Management Services to ensure your investments are managed efficiently.
Insurance solutions
Investing in an Insurance Plan is necessary and advantageous. It financially secures everyone. Wealth Management provides Insurance solutions. You can buy Insurance, whether Health or Travel, within minutes online. You can also buy Term Insurance to ensure your loved ones do not face financial stress after your demise.
Remittance services
Coping with distance from your loved ones is never easy. For instance, your little one is moving overseas for higher education. She may face several challenges. You cannot be there for her, but you can support her. You could use your Premium Savings Account to remit funds. This way, you can back her despite the distance. With the Premium Savings Account, you can initiate online Remittances instantly.
You can remit at preferential rates and zero processing fees. Your Remittance requests are fulfilled within the shortest time.
Mortgage Solutions
If you urgently need funds, you can always contact the bank and apply for a Loan. Leading banks extend various mortgage solutions. You can apply for a Loan against Property or a Top-Up Loan on your ongoing Home Loan. These Loans are available at reasonable interest rates and tenures.