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Calculators FAQs

Our calculators provide instant results, while our FAQs offer expert guidance. Get quick calculations and in-depth explanations to empower your financial future.

Can I use the investment calculator to plan for my retirement savings?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
Yes, an investment calculator can be useful when planning for retirement savings.
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What is the maturity period of ULIP?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
The maturity period of a ULIP varies based on the specific policy and insurer.
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Can I withdraw ULIP after 3 years?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
No, you cannot withdraw from a Unit Linked Insurance Plan (ULIP) after just 3 years.
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Is ULIP good for 5 years?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
ULIPs (Unit Linked Insurance Plans) are generally better suited for long term investment typically 10 years or more rather than just 5 years.
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What is an example of a ULIP?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
A Unit Linked Insurance Plan (ULIP) is a financial product that combines life insurance with investment.
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Is ULIP better than MF?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
The question of whether Unit-Linked Insurance Plans (ULIPs) are better than mutual funds (MFs) is a complex one that depends on individual factors and financial goals.
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Is it possible to use a credit card payoff calculator for different interest rates?

  • Posted:30th January, 2025
  • Updated:30th January, 2025
Yes, you can use a credit card payoff calculator for different interest rates.
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