by Lokmanya | Mar 5, 2025 | Blog, Insurance
Critical illness insurance is a type of health insurance that provides a lump-sum payment if you are diagnosed with a serious medical condition covered by the policy. These conditions typically include life-threatening illnesses such as cancer, heart attack, stroke,...
by Lokmanya | Mar 4, 2025 | Blog, Mutual Fund
India has long been a nation of savers, with a cultural and historical preference for gold, real estate, and bank deposits. However, the current decade is witnessing a shift toward an investment-oriented mindset, driven by several key factors: 1. Financialization of...
by Lokmanya | Mar 1, 2025 | Blog, Investment
Women have always been the backbone of financial stability in families, and at Lokmanya Multipurpose Co-Op Society, we believe in empowering them with financial growth and security. As a tribute to Women’s Day, we are delighted to introduce an exclusive term...
by Lokmanya | Mar 1, 2025 | Blog, Mutual Fund
Yes, the Indian market has shown resilience despite multiple global and domestic disruptions over the past five years. Events like COVID-19, geopolitical conflicts (Russia-Ukraine, Israel-Gaza, etc.), elections, and trade disputes have triggered sharp corrections....
by Lokmanya | Feb 24, 2025 | Blog, Investment
Recurring Deposits (RD) are one of the best ways to save money consistently and grow your wealth over time. They offer a disciplined approach to saving, allowing you to deposit a fixed amount every month while earning interest on your savings. But what truly makes RDs...
by Lokmanya | Feb 21, 2025 | Blog, Investment
Term deposits are a popular choice for those looking to save money while earning a steady return on their investment. Let’s dive into what term deposits are, how they work, and why they might be a good option for you. What is a Term Deposit? A term deposit, also...
