Nishant Prasad

Insurance 8 min read

Which Banks are Insured by DICGC?

What happens to the depositors when the banks become bankrupt? Do the depositors lose their funds? Is there any coverage provided to the depositor? Who insures the depositors? How are they insured? The answers to all these questions are explained in the below article. What is DICGC The Deposit Insurance and Credit Guarantee Corporation, or ... Which Banks are Insured by DICGC?

Nishant Prasad
1 May 2023 • 8 min read

Investment 7 min read

SIP vs Lump sum Investment

Mutual funds are among the most popular investment options available today. Mutual funds are professionally managed investment vehicles that pool money from multiple investors to invest in a portfolio of securities. One of the key advantages of investing in mutual funds is that investors can benefit from diversification and professional management of their investments. When ... SIP vs Lump sum Investment

Nishant Prasad
1 May 2023 • 7 min read

Stock Market 7 min read

What is a Cover Order?

When you participate in intraday trading in the cash market or futures market, a specific amount of margin is required. This margin covers the risk of your trade. But, what if you get an option to pay a lower margin to trade and get more leverage at the same time? In that case, you can ... What is a Cover Order?

Nishant Prasad
13 April 2023 • 7 min read

Personal Finance 9 min read

PAN Card Rejection – Common Reasons & How to Avoid Them?

The Permanent Account Number(PAN) system was enabled by the Income Tax Department in the year 1972 to have a unique identification for all the eligible taxpayers of the country. These eligible taxpayers include individuals, Hindu Undivided Family (HUFs), companies, trusts etc. All of them can apply for a PAN card to keep track and record ... PAN Card Rejection – Common Reasons & How to Avoid Them?

Nishant Prasad
6 April 2023 • 9 min read

Credit Cards 6 min read

Should You Go for a Debit Cum Credit Card?

Carrying different debit and credit cards of different lenders every time you go out can be cumbersome. Debit-cum-credit cards have eased the entire process of carrying credit cards and debit cards separately as these cards provide the facility of both. Read on to know how these cards work! What Is a Debit Cum Credit Card? ... Should You Go for a Debit Cum Credit Card?

Nishant Prasad
3 April 2023 • 6 min read

Stock Market 8 min read

What Is Put Ratio Spread?

Options trading provides a way for traders to speculate on the movement of individual stocks without the hassles of owning them. Ratio spread is an options trading strategy where a speculator adopts long and short options positions while taking limited risks. Primarily, there are two types of ratio spreads—call ratio spread and put ratio spread. ... What Is Put Ratio Spread?

Nishant Prasad
28 March 2023 • 8 min read

Stock Market 7 min read

Vertical Spreads and Synthetic Option Spreads: How Do They Work?

Options are investment tools that allow you to hedge against risks and multiply your potential returns. One can use them to bet on a stock’s price movement without the risks or expenses of owning it. However, to achieve such goals, traders need to have advanced knowledge of market movements and trading strategies. There are many ... Vertical Spreads and Synthetic Option Spreads: How Do They Work?

Nishant Prasad
28 March 2023 • 7 min read

Stock Market 5 min read

What Is a Diagonal Spread and How Does It Work?

Options trading strategies offer an efficient way for market-savvy investors to accumulate wealth through consistent profits. Some of these strategies are more complex than others and require a thorough understanding for their implementation. The diagonal spread strategy is an advanced options trading strategy that uses a calendar spread with different strike prices. Keep reading till ... What Is a Diagonal Spread and How Does It Work?

Nishant Prasad
28 March 2023 • 5 min read

Credit Cards 5 min read

Steps to Take When a Cardholder Dies

After a loved one’s death, a lot of responsibilities can fall upon his/her next of kin.. One may have to take care of his/her estate, pending loans (if any) and execute the individual’s will. Also, if that person was a credit card holder, that too needs to be taken care of. Learn in this blog ... Steps to Take When a Cardholder Dies

Nishant Prasad
21 March 2023 • 5 min read

Credit Cards 6 min read

Integration of 3D Secure into Visa and MasterCard

Online transactions via credit and debit cards have become commonplace in our country with the rise of ecommerce and digital payments. But, data theft caused by fraudulent transactions continues to be a matter of concern. 3D Secure, a security protocol system was designed to address these concerns. Verified by Visa and MasterCard Secure Code are ... Integration of 3D Secure into Visa and MasterCard

Nishant Prasad
19 March 2023 • 6 min read

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