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	<title>India business news, Investment and Financial tips &#187; tips</title>
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		<title>Reliance energy bill payment &#8211; How to pay reliance energy bill</title>
		<link>http://www.indiaeconomictimes.com/tips/reliance-energy-bill-payment/</link>
		<comments>http://www.indiaeconomictimes.com/tips/reliance-energy-bill-payment/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 08:05:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[tips]]></category>
		<category><![CDATA[Reliance energy]]></category>

		<guid isPermaLink="false">http://www.indiaeconomictimes.com/?p=85</guid>
		<description><![CDATA[You can pay your Reliance Energy bill instantly with the help of a credit card or through your Reliance India Mobile (RIM) Use any valid Visa, Mastercard / American Express or Diners Credit Card, or pay through your Net Banking account with Citibank, IDBI Bank, HDFC Bank, State Bank of India or Punjab National Bank, [...]


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			<content:encoded><![CDATA[<p>You can pay your Reliance Energy bill instantly with the help of a<em><strong> credit card </strong>o</em>r through your <strong>Reliance India Mobile (RIM)</strong></p>
<p>Use any valid Visa, Mastercard / American Express or Diners Credit Card, or pay through your Net Banking account with Citibank, IDBI Bank, HDFC Bank, State Bank of India or Punjab National Bank, ABN AMRO, Bank of India, Indusind Bank, Union Bank of India and AXIS Bank. More banks will be added shortly. You can also pay your bill through ITZ Cash Card.<br />
bullet</p>
<p>Receive online confirmation and a Transaction Reference Number.</p>
<p><strong>0r you can use  REL Bill Pay ?</strong></p>
<p>REL Bill Pay is a new bill payment facility to add further convenience to our valued customers. Now you can pay your bill from just any where and any time through your Reliance India Mobile (RIM) phone using ITZ Cash Card.</p>
<p>Following are the advantages for opting for REL Bill Pay.</p>
<p>* By registering for this service, you will be able to view and pay your bills over your RIM phone using ITZ Cash Cards.<br />
* You can avail the service by a simple Registration procedure on R-World.<br />
* If you are an ITZ Cash Card holder, you need not access the internet to make your bill Payment, you can pay by &#8220;Bas button dabao&#8221; using your RIM phone.</p>
<p><strong>Helpful links:</strong></p>
<p>http://www.rel.co.in/Rel/Paymentoptions/paybillsonline.jsp</p>
<p>http://www.rel.co.in/Rel/Paymentoptions/rimbill.jsp</p>


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<li><a href='http://www.indiaeconomictimes.com/insurance-policy/reliance-child-insurance-plans/' rel='bookmark' title='Permanent Link: Reliance Child insurance plans &#8211; Secure your child education future'>Reliance Child insurance plans &#8211; Secure your child education future</a> <small>Reliance provide you four types of Child insurance plans among...</small></li>
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</ol></p>
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		</item>
		<item>
		<title>Planning for retirement in india &#8211; Financial Planning steps &amp; tips for retirement</title>
		<link>http://www.indiaeconomictimes.com/tips/planning-for-retirement-in-india-financial-planning-steps-tips/</link>
		<comments>http://www.indiaeconomictimes.com/tips/planning-for-retirement-in-india-financial-planning-steps-tips/#comments</comments>
		<pubDate>Sat, 24 Oct 2009 13:26:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[tips]]></category>
		<category><![CDATA[retirement planning]]></category>

		<guid isPermaLink="false">http://www.indiaeconomictimes.com/?p=66</guid>
		<description><![CDATA[Financial planning requires a full proof strategy because this is the question of your hard earned money which you have deposited over 20-30 years of your working period. Planning for your retirement is not a difficult task but main challenge lies in implementing the plan with discipline. Caution: Your money should be safe Side by [...]


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			<content:encoded><![CDATA[<p>Financial planning requires a full proof strategy because this is the question of your hard earned money which you have deposited over 20-30 years of your working period. Planning for your retirement is not a difficult task but main challenge lies in implementing the plan with discipline.<br />
<strong><br />
Caution:</strong></p>
<ul>
<li>Your money should be safe</li>
<li>Side by side it generates a steady  income.monthly</li>
</ul>
<p><strong>You have to keep these main points in mind:</strong></p>
<p><strong>Making a will</strong></p>
<p>If you have will. You will definitely achieve your target.</p>
<p><strong>Start early</strong><br />
Do not delay in planning for your retirement. It should be on your mind regularly if you want to leave your life peacefully after retiremnt,</p>
<p>Take this simple example :<br />
Start saving at young age 24-25, so that even if you wish to retire by 60, you have an investment horizon of 35-36years.. If at the age of 25, you start investing Rs 1,000 per month at the rate of 6% compounding then the maturity amount (when you are 60 years of age) will be Rs 1,380,290; alternatively if you commence the same investment at the age of 35, then the maturity value at the age of 60 will be Rs 679,580.With a 10 year lag, the retirement savings at 60 years is more than halved!</p>
<p><strong>Asses your goals after retirement :</strong></p>
<p>Save money for travel and medical expenditure  Make a list of things  you want to own e.g. a luxury car or beautiful house.Allocate your resources towards necessary ends like children&#8217;s education and marriage that you will incur in the course of time.</p>
<p><strong>Help from  financial advisor &#8211; </strong></p>
<p>If you are confused then take the help of  financial advisor which will suggest you the  number of alternatives to achive your goals. Choose any plan  based on your current personal financial situation.<br />
<strong><br />
Monitor your plan &#8211; </strong></p>
<p>Regular track your plans  to make sure you are on target to meet your objectives.Also consider the changing market scenario.<br />
<strong><br />
Don&#8217;t touch your retirement savings</strong><br />
If you spend money from your retirement savings to fulfill your present needs, you will lose out big in the long run.</p>
<p><strong>Be careful </strong></p>
<p>Unregulatred, unrated schemes are best avoided.</p>
<p>“Also to generate a tax-efficient income, one should put a judicious mix of investments of both long term investments beating inflation and investments with monthly cash-flow.”</p>
<p>Only put a share of your total wealth in fixed-income instruments that generate frequent interest income equal to your monthly bills. You can use the remaining amount for some longer term commitments.</p>
<p>Though interest rates on small savings schemes are low, they still make sense as an investment option. These are guaranteed by the sovereign and there is little scope for default.</p>
<p>One can also consider the bonds and fixed deposits floated by the public sector undertakings.</p>
<p>Joint holdings in all financial transactions is one of the simplest steps that help at the operational level. One should also ensure that the nominations are in place and in favour of the persons of one’s choice to ensure smooth transfer of ownership.</p>


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