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India's First On-Call Validation Helpline for Financial Products Launched by IndianMoney.com


News provided by

IndianMoney.com

17 Dec, 2013, 09:00 IST

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IndianMoney.com Logo (PRNewsFoto/IndianMoney.com)
IndianMoney.com Logo (PRNewsFoto/IndianMoney.com)

BANGALORE, December 17, 2013 /PRNewswire/ --

IndianMoney.com, India's no. 1 financial education company, has launched a unique 'Free On-Call Validation Helpline' for matters related to finance and investment. This service is absolutely free and aimed at helping safeguard investors when they are about to commit their funds on a financial product.

     (Logo: http://photos.prnewswire.com/prnh/20131216/10085019)

IndianMoney.com was started in 2008 by Mr. C.S Sudheer with the vision of providing financial literacy to anyone and everyone who needs it. Majority of the population of India lack the knowledge related to matters of finance. In most cases, they don't have a clue about whom to approach for an unbiased advice. Most often, people end up making the wrong investment due to their limited knowledge/experience with buying financial products.

There are numerous instances of consumers getting misled. Examples of how consumers made the wrong decision by not going through the terms and conditions, to stories of being "assured" unusually high returns in a short time, are quite common. In most cases it is the 'half truth' mentioned by the seller of financial product, clubbed with buyer's lack of financial knowledge that leads to consumers making the wrong financial decision.

It was one such incident in the life of Mr. C.S Sudheer that led him to start IndianMoney.com. He met an auto driver one day who narrated how he bought an insurance policy with a promise that he would get Rs. 1 lakh after three years if he paid Rs. 25,000 once. On checking the documents, Sudheer realised he was misled into buying the policy, which was a regular premium unit-linked insurance plan and the driver was not clear about the terms of the policy according to which he was supposed to pay Rs. 25,000 for 3 years and depending on the market conditions the customer may get Rs. 1,00,000 after 3 years.

To make sure that one is making the right purchase when it comes to financial products like insurance, mutual funds, loans, deposits, bank accounts, demat & trading account and real estate properties, all one needs to do is before finalizing the deal and signing on the cheque, is to just give a missed call at the free helpline number 022-61816111 of IndianMoney.com. A certified Wealth Doctor would then call back, understand the consumer's needs, analyze and validate if the investment that the consumer is about to make best suits his requirements. The IndianMoney.com Wealth Doctor would also indicate if the consumer is making the right choice and if there could be better options. The Wealth Doctor also provides a check list which the consumer may need to check, before making the purchase.

IndianMoney.com is not a seller or intermediary of any financial products. The validation service provided therefore is absolutely unbiased and aimed at providing the consumer the true and accurate information of his/her investment decision.

About IndianMoney.com:

IndianMoney.com is backed by Vertexperts Consulting (Bangalore) and Hyderabad Angels (Hyderabad) and has accomplished investors like Mr. Ravindra Krishnappa (founder of Erasmic Venture Fund) and Mr. Pradeep Mittal (former head of Magna Infotech's India operations) on its board of directors, Mr. Shekhar Kirani (partner at Accel Partners) and Mr. Ramanand Baliga (Ex IBM India Director) on its advisory panel.

How to Avail this Unique Service?

Option 1: Just leave a missed call on 022-61816111 and a certified Wealth Doctor from IndianMoney.com will call back and advice you.

Option 2: Post a request on www.indianmoney.com and a certified Wealth Doctor from IndianMoney.com will call back and advice you.

Primary Media Contact: Satadal Payeng, [email protected], 91-80-49611456

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