by Lokmanya | Mar 6, 2025 | Blog, Insurance
Crop insurance protects farmers from financial losses due to crop failures. It can cover losses from natural disasters, pests, diseases, and other unforeseen events. How does crop insurance work? Farmers purchase crop insurance policies to protect against crop...
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...