r/FinancialAdviceIndia

Hi, About to buy property in lucknow and looking for 50L loan for it. Had already contacted CBI but looking for more options.
Please help in sharing contacts of Bank POC (internal) with whom I can connect for this.
Thanks

Same as above.

Myself 31F, husband 35M each earning 2.5L per month,

Home loan 85k(1.25 cr loan. Recently bought)
Monthly expense 60k
SIP 1 lakh
Savings for vacation 30k
We have one more flat which is fully paid which generates 40k rent
Now after all this i have around 2.5 lakh remaining
Am planning to pay extra 1 lakh towards the home loan every month, in that case the loan gets closed within 7 years.
We now have extra 1.5l in hand should i aggressively pay the home loan with that or i should increase my sip ?

We want to retire as early as possible.

These are our savings together
Mutual funds 12l
Pf 15l
Nps 3l

I earn Rs 46000/month after deductions, and I've got a few commitments on the way. My split up so far has been:

RD - 5000/month for gold

Rent - 19k (I live with my parents and this is the only major expense)

Other expenses- 1500 approx

Savings- 20k

So far I've saved around 70k and my family has a debt of around 15 lakhs (no interest from relatives/friends). I want to pay off the debt ASAP and I want to buy a house in my hometown (costs 65-70 L right now) by the time I reach my 30's.

Any advice on how to attain these is appreciated.

Edit: DM's not welcome!!!

Hello! I’m 26M working in India as a Data Analyst contractor for a US based company (Remote). This might be a long read so please be patient.

Brief context: I went to the US to do my Masters in 2022. Was job hunting for almost a year and a half and then secured a temporary job in some company. Things did not work out there, so I came back in March 2026. I was lucky to secure a job in India before I came back (my current role).

These are my current monthly expenses

Current Salary- 30 LPA (~2.5 LPM in hand)
Education Loan EMI- 44K + I pay an extra 90k to 1L so i can go debt free earlier, bringing the total to 1.4 lac to 1.5 lac per month towards education loan. (My total loan amount was 55 Lacs which became 71 lacs by the time I started repaying it.
SIP- 20K
Sending Money Home- 30K
Personal Expenses (Includes daily transport, eating out, swiggy/zomato, socializing, some small budgeted trips)- 20K to 30K. Some months are more if some things require urgent attention

Overall I’m left with approx 20K by the end of the month. I want to save for marriage, ring to propose to my girlfriend, car etc) And I know this isnt going to help me get there. I know I’m missing out on something and doing something wrong.

Is there anyway I can make this better. Ive heard and seen a lot of videos where people say “take your monthly income and multiply it by x and that is how much you should spend on y” etc etc but i dont know how to look at that with this hefty loan on my head.
I also know I should cut down on going out and spending heavy on socializing, but apart from that are there any tricks or unsaid rules that can help me manage my finances better? Or anything I can do to clear my loan faster?

Any advice will be highly appreciated.

36F Married and have a 1.5 year old son | ₹3.5 crore portfolio | Planning for FIRE in ~10 years — looking for strategy feedback

Current portfolio

₹65L — Indian equities (~40% small-cap, 30% each in mid and large)

₹85L — Mutual funds (~55% small-cap, rest in mid-cap/flexi-cap)

₹5L — PF

₹18L — Parked in Sbi Max Gain home loan account (also our emergency corpus)

₹5L — NPS

Other Assets-

₹85L — Flat in tier 1 city, rented out because moved cities and not planning to move back because long term plan is to move to smaller city and live peacefully

₹15L — Land plot in small town (in hometown) barely appreciating - planning to sell and invest in equity

₹1 crore — includes gold/silver etf, wedding jewelry and inherited jewelry

Income & savings

Currently I took break for child care but planning to get back soon and add towards goal aggressively, before break I was earning 2L a month

Husband’s Take-home: ~₹3L/month

Investments: ~₹1L/month

Expenses: ~1.8L/month including home loan emi. Principle due - 30L

Health loan - covered in corporate and additional family floater plan

Term loan - we both have a sufficient cover

Upcoming goals - longer term we have child education, wedding and ageing parents to take care of

My long-term goal is FIRE, ideally within ~6 years.

I don't necessarily want to stop working completely, but I'd like to reach a point where working becomes optional/ less hectic and give more time to family and traveling

For people already on the FIRE path:

Would you change the equity market cap/debt allocation significantly at this stage?

Given my current savings rate, what would you focus on over the next 10 years to make FIRE realistic?

Looking for strategy/experience-based feedback, particularly from people who have already reached or are close to FIRE.

I have some agricultural land( coming from fore fathers) in my village. My grandparents live in that village. Every now and then the other farm owners who has their farm land beside ours, they would make a mess to occupy our land, even though we have all the legal documents. My fear is that i am not aware of all those assets what are our limits and boundaries, so what will happen after my parents.

What is the best thing to do, i am thinking like selling those assests and buy a land in city where i live, or invest in mutual funds or buying a commercial property.

Suggest me any better options

Hello, I bought an educational loan of amount 2.7lakh and I completed my graduation and working in a company with decent package.

Now the loan amount becomes around 4 lakh.

And from April 2027 interest will be calculated as compound interest.

Now what should I do, can I go and repay the full amount now or should I pay as installment or what's the other ways to do it smarter and help me to prevent from interest.

What are all other opportunities that I can do with the money that I have to neutralize the interest that covered in loan amount.

I need proper guidance and support people

Please help sister and brothers

Home loan right now: 85 lakhs

Tenure remaining: 328 months / 27 years 4 months

EMI: 75k

Rate of interest: 7.15%

Right now I have started a recurring deposit that give 6.25% intrest for a year which I do to use the same money to repay the extra principal as lump sum.

So my strategy is like for 2027 I will pay a lump sum of 1.5 lakhs and next year i.e 2028 it will be 2 lakhs and so on my incrementing the same by 50k each upcoming year.

So help me understand if there are any better plans to close the home loan more efficient and faster way?

Right now this FY I have 40k balance from my salary after all the EMI, SIP and expenses. While I plan to use 20k in investment in few days.

I wanted to know how can I save more aggressively.

Background- 31M, 2 yoe , started working late because I spent 5 years preparing for upsc.

2018-23 - upsc prep, 0 saving, accumulated 1 lakh debt from friends.

2023 -June 24- I did PGP in AI.

July 24- Started working with 1.05 lpm in hand, currently earning 1.2 lpm.

Current monthly expenses -

Rent- 14k

House help- 6k

Groceries - 5k

Swiggy/zomato- 5k

Uber- 2k

Wifi, electricity- 2k

Saved around 8.5L, in 2 years, excluding epfo & nps. But this feels low with average monthly savings of around 35k only. I want to save more. Unable to track expenses.

I have returned the 1 lakh debt taken from friends, also have given around 2 lakh to family in total over the 2 years.

I am worried about saving more because of the foreseeable expenses- marriage, home etc. no financial help from family expected.

25M working in IT , making 20L

Risk horizon: medium

Investment in: FDs , MF , Stocks , Gold bonds , US MF

MF investment
Parag Parikh flexi cap: 15k/m
HDFC small cap direct growth : 6k/m

US MF : 8k/m

I’m thinking to build emergency funds outside of my saving accounts
I do have funds in my saving accounts but I’m thinking to give a growth job to every penny I earn

So I’m exploring liquid fund as it’s better than FDs in many ways (I can feel dive but it’s just a Google search away ) and arbitrage funds

I’m exploring business ideas as well for a side hustle so thinking of 5k /m investment for that in arbitrage fund as I want to save tax

I’m confused between Liquid funds and Arbitrage for both emergency funds and business investment

I’m thinking of splitting it up , I’m working on it

This is my first time posting this in the subReddit so let me know if you need any more information to review this

And all suggestions and advise are welcome

I wanna start investing but confused about which MF to invest...I wanna start with ppfc , people are saying its an overrated fund rgt now. I am doing it for long term please suggest me MF or any other funds to invest...

Since I have loan to repay I can only invest around 5k per month ...

Hey ya'll, I'm 30, earning around ₹45k/month, and have ₹7.5L sitting idle in my savings account. I already have about ₹1.1L invested and I'm planning to keep another ₹1.1L accessible, so I want to invest the remaining ₹6L for the long term (10+ years).

My current investments:

• UTI Nifty 50 Direct Growth — ₹42.5k
• Parag Parikh Flexi Cap Direct Growth — ₹35.3k
• HDFC Hybrid Equity Direct Growth — ₹32.5k

Current SIP: ₹15k/month (6k UTI + 5k Parag Parikh + 4k HDFC)

For the ₹6L, I'm currently thinking:

• ₹3L — UTI Nifty 50
• ₹2L — Parag Parikh Flexi Cap
• ₹1L — Mid-cap (currently looking at Kotak Midcap)

I don't need this money anytime soon and I'm looking for something I can just stick with for 10–15+ years. I'm not trying to chase the highest returns, but I also don't want to be unnecessarily conservative.

I've mostly arrived at this plan through my own research and, honestly, a lot of ChatGPT conversations. Before I actually put ₹6L into it, I wanted some opinions from people who know more about investing than I do.

Does this allocation make sense? Would you change anything? Am I missing something obvious?

I'm asking this as a genuine discussion, not looking for a get-rich-quick scheme.

If you've built ₹1 crore+ in net worth in India, I'd love to hear your real journey:

What was your primary income source (job, business, freelancing, investing)?

How long did it take?

What made the biggest difference?

If you had to start again from ₹0 today, what would your roadmap look like?

after chatting with someone recently, it struck how most of us have at least one money decision in our 20s we regret (or would definitely do differently).

It could be about SIPs, credit cards, loans, or even just savings habits. what’s yours? curious to see if there are some common patterns we all can learn from.

I’m 21 and joining a service-based IT company next month as a fresher. My expected salary will be around ₹35K/month.

I’ll have to stay near my workplace, so rent, food, transportation etc. will take a decent portion of my salary.

I currently have no major financial commitments, but my main long-term goal is to get some land in our hometown.

I’m completely new to investing and want to start managing my money properly from my first salary. What about SIPs/MFs, FD/RD and stocks?

I would like to get advice on:

1. When should I start investing, and what should a beginner learn before investing?

2. How much should I build as an emergency fund?

3. What financial mistakes should I avoid at 21?

4. If my salary increases, how should I increase my investment?

Could you please help me decide where to park my money for my house construction, which I plan to start within the next 12–18 months? My target is to build a corpus of ₹20–30 lakh.
Would an FD be suitable for building this corpus, or should I consider any good mutual fund options? I also want to optimise my taxes, as I currently fall under the 30% tax slab