Employee State Insurance (ESI): ESI is a social security and health insurance scheme in India that provides medical and cash benefits to employees and their dependents in case of sickness, maternity, disablement, or death due to employment injury. Both employers and employees contribute to the ESI fund. The employer's contribution is higher than the employee's contribution. The ESI Act applies ...

A loan statement is a document provided by a lender to a borrower that outlines the details of a loan. It serves as a summary of the financial transactions related to the loan over a specific period. The contents of a loan statement may vary depending on the type of loan and the lending institution, but generally, it includes the following information: Borrower Information: Name and contact deta ...

Loan planning is a crucial aspect of managing your finances responsibly. Whether you're considering taking out a loan for a home, car, education, or any other purpose, thoughtful planning can help you make informed decisions and ensure that the loan aligns with your financial goals. Here's a step-by-step guide to loan planning: Assess Your Financial Situation: Examine your income, expenses, and ...