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Prior to finalize the loan agreement terms with your bank, take a quick meeting with one of our experienced team member. At Vitt Saarthi Wealth, we aim to use our expertise in Personal Finance to provide you with best solutions to service your loans. Currently we offer two models wherein our client can either chose to:

a) Recover all the interest cost paid on loan, or

b) Repay their home loan before maturity,

c) both a) & b)

Take a quick meeting with one of our personal finance expert and get best solutions to recover interest part of your AUTO LOAN. We all love cars, but very few of us are OK with the finance cost. Let's change this centuries old way of getting finance.

 Nominee does not become the owner in case of Death of account holder. Nominee is a person who receives the assets on death of account holder and he/she is responsible for proper distribution of assets among legal heirs of account holder. In case of failure, if any of the legal heirs files a case against Nominee, he might face a jail time of at least 10 years on grounds of Breach of Trust of a Dead Person according to IPC, Indian Law. ( It is a non-bail able crime) 

No bank in world will provide us loan facility for retirement years. Usually we never think about this need in first place, but if we consider the fact that our lifestyle will need a hefty amount of money to support ourselves (and our partner) we must start investing for our retirement at the earliest. 

For e.g; Today’s living cost of 40,000/- p.m (4,80,000/- Annual expense) will become 71,634/- p.m (8,59,608/- Annual Expense) in 2033 i.e; 10 years only. Inflation rate is taken @6% for this case.

You can preserve wealth for generations only if you have made allocations in different class of assets. We call it diversification. It is necessary to understand where to invest and how much to invest. Reason for doing this is very apparent, procedure for transfer of ownership varies in every asset class. In some assets, it is simple, while it is complicated in other assets.

For e.g; To transfer a real estate property, procedure is complicated. On the other hand, it is far more simple to transfer equity shares in demat form. 

Insurance is not Investment.  

Endowment policy which is ordinarily linked with an Insurance scheme is type of scheme where policy holder is given guaranteed returns after a certain period time as per his/her policy terms. These guaranteed returns, if calculated, are only compounding in the range of 5.5 – 7% annually. 

Opting for such a policy is not wrong. But we must understand that the purpose of insurance policy (whatever type) is to provide us SECURITY. It is not designed to give maximum returns at all. 

If we are looking to have a handsome inflow of income in our retirement years, we must think of investments along with such insurance policies. Usually if given time, investments can compound at a rate of 12% or higher, which is almost double. 

Investing is a common activity among all of our clients, and they may or may not be having a commerce background. We have devised a Goal based format in our reports which is very comfortable to understand. Einstein has rightly said once, “If you can't explain it simply, you don't understand it well enough.”