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10 Most Profitable Renting Business Ideas

Shitanshu Kapadia
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10 Most Profitable Renting Business Ideas

renting business ideas

Profitable Renting Business Ideas – Looking for profitable renting and leasing business ideas? Do you want to start a renting business with small or big investment? If yes, you are at right place. In this post, I will be sharing 10 Most Profitable renting and leasing business ideas.

You must be thinking that why it is lucrative to start renting and leasing business. There are several reasons behind it. There are many people who cannot afford product or equipment, but they can pay the rent. The other reason is an occasional requirement of essential equipment which can be addressed by taking equipment/device/product on rent.

There are two types of products that are involved in the renting or leasing business. Movable assets and immovable assets. The capital requirement depends upon the product you select for the rental business. Make sure to carry out research before starting renting business.

Also Read – 200 Small Business Ideas with Low Investment

List of 10 Profitable Renting Business Ideas

ATM Space Rental

ATM Space Rental or retail space renting is most profitable business option. A retail space is always in demand. Banking organization always look for ATM space for ATM network expansion. Hence the demand of ATM space is very high. If you have enough capital you can plan to start ATM space rental business.

Audio Equipment Renting

High-end audio equipment always remains in demand. Any function such as domestic, social or corporate requires public address system and audio devices. If you have expertise in identifying and managing audio devices you can start audio equipment renting business.

Bus Rental

Bus Rental is a profitable business at the place where domestic travel is growing. This business demands substantial capital investment. People opt for bus rental for tourism and social functions like marriage.

Car Rental

Car Renting is the traditional business. This business has grown multifold due to Uber and Ola. Apart from normal car renting, luxury cars are also in huge demand. If you have capital for the investment you can start own car rental business.

Construction Equipment Renting

One of the high capital intensive business is construction equipment renting. A demand of construction equipment is at peak due to real estate and infrastructure development. Construction equipment’s are costly hence a majority of developer and company prefer to take these type of equipment on rent.

Decorators

Decorators deal with the supply of decorative materials, chairs, stage, and other social function related items. These types of items are always in demand especially during marriages, party, political party, conference etc. Thus starting own decorator business is a profitable affair. You need to invest a lot of money to start this business.

Also Read – 90 Business Ideas with low investment

Fancy Dress Renting Business

Fancy dress renting business is low-cost investment business. Fancy dresses are usually in demand at school for celebration of several events and even during several social functions. You can start own fancy dress renting business and earn a lot of money.

Medical Equipment Renting Business

Specialized type medical equipment such as a waterbed, wheelchair, and walker are usually in demand. The client mostly prefers these types of equipment on rent as the requirement is for a limited period. This makes medical equipment renting business a lucrative business option.

Office Space Renting

Good Office space are always in demand. If you have a provision of huge capital you can start an office rental business. You need to select space carefully preferably nearby market.

Office Equipment Renting

Office equipment renting is another lucrative business idea. This business can be started with a moderate investment. Many start-up companies opt for office equipment on rental. Thus office equipment renting is a very good business option.

What do think about renting business ideas mentioned above? Do share your feedback in the comment section given below.

Multibagger Stocks for 2019 by Vijay Kedia & Porinju Veliyath

Shitanshu Kapadia
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0
Multibagger Stocks for 2019 by Vijay Kedia & Porinju Veliyath

A Multibagger stocks are stocks that generate multifold returns for the investors. A multi-bagger stock can help you in generating massive wealth. You can become crorepati by investing in multi-bagger stocks. However, it is very difficult to find a stock with multibagger potential. You need to do immense research and consider multiple factors for identification. Instead of doing a self-identification of stock it is recommended to take help from stock market experts. Vijay Kedia and Porinju Veliyath are well-known stock market experts in India. They are known for identifying future multibaggers. Here is a detail of multibagger stocks for 2019 suggested by Vijay Kedia and Porinju Veliyath.

multibagger stocks

Multibagger Stocks for 2019 by Vijay Kedia & Porinju Veliyath

Multigagger stocks by Vijay Kedia

During a recent interview of Vijay Kedia published on Moneycontrol, he recommended four potential multibagger stocks. All these four stocks are from his own portfolio holdings. These stocks are Everest Industries, Repro India Ltd, Sudarshan Chemicals Industries, Vaibhav Global.

Vijay Kedia explained that these stocks are good buys for 2019 because they are doing well and moving into a high growth era.

Also Read – Top 20 Best Mutual Funds SIP to invest in India for 2019

Vaibhav Global

Vaibhav Global is multinational electronic retailer and wholesaler of fashion jewelry and lifestyle accessories. Vaibhav Global has an innovative business model for selling jewelry. They have a dedicated TV channel called Liquidation Channel for selling jewelry and other products. Vaibhav Global has generated nearly 5600% returns in the past 10 years. Vijay Kedia is holding this stock in his portfolio.

Everest Industries

Everest Industries is next stock recommendation. This stock is also recommended by Porinju Veliyath. Everest Industries is in the business of building solutions ceiling, flooring, and pre-engineered buildings. Building a solution market is growing at a faster rate. A new program by the government of India “Housing for all by 2022” would drive additional demand for building products and provide a business opportunity for a company like Everest Industries. Vijay Kedia is holding a large stake in Everest Industries.

Repro India

Repro India is all time favorite stock of Vijay Kedia. Repro India is in print, content, and fulfillment solution business. As per Kedia, Repro India seems to be next disruption replacing book into digital content. You can get good returns from Repro India.

Sudarshan Chemical Industries

Sudarshan Chemical Industries is in the business of chemical. It is next high-conviction stock of Vijay Kedia. Sudarshan Chemical is on the expansion path and they are also increasing their global presence. Vijay Kedia’s portfolio contains large holding in Sudarshan Chemical.

Multibagger stocks by Porinju Veliyath

In the recent interview of Porinju Veliyath on ETNow he recommended hotel stocks for the investment in 2019. He has not given name of any stock as potential multibagger for 2019. He said 3&4 Star hotel operators are in a sweet spot. F&B at 5% GST. Room rates are mostly below Rs.7500 (18% GST). Margins to go up. Advantage at the expense of 5 Stars. Few listed companies in the space look attractive.

Few recommended best stocks from hotel industry are Royal Orchid, Indian Hotels, Lemon Tree Hotels, TajGVK Hotels & Resorts etc.

Over to You

Do you think these multibagger stocks for 2019 will generate good returns in the future?

Do share your thoughts in the comment section. 

(The views content and recommendations expressed in this post are of  leading stock market experts and do not represent those of Moneyexcel.com. Please consult your financial adviser before taking any position in the stocks mentioned)

Top 5 Popular Car Loan in India

Shitanshu Kapadia
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Top 5 Popular Car Loan in India

Car Loan

Getting a car loan is extremely easy today. There are plenty of loan options available in the market. You can purchase your dream car by opting for a car loan. Be it a middle class or upper class buying a car has become a necessity. If it is not possible for you to afford your dream car you can avail loan for buying a car. You just need to provide income proof to avail loan.

Most of the banks and financial institutions offer car loan. It becomes difficult for the end user to select the best car loan. If you are planning to avail car loan facility here is information about Top 5 Popular Car Loan Options in India.

Also Read – How to Choose Car Insurance Policy – Key Factors and Riders

Key Parameters for the selection of Car Loan

Interest rate and tenure

Interest rate and tenure of the loan is a key parameter to consider before availing any loan. Most of the bank offers car loan on a floating basis. However, interest rates are different. You should select a loan with lower interest rates. You should also check for the tenure of a loan. Tenure should be low along with interest rate, otherwise, you will end up paying more.

Down Payment

Down Payment is an amount which you need to pay from your pocket while buying a car. Banks generally ask for 15% to 20% down payment. It is called as margin money. You should make a higher down payment. This will help you to reduce your loan burden.

Processing Fees

You should also compare processing fees for the loan. Some of the banks keep fix processing fee while others keep percentage-based fees. A processing fee should be lower.

Pre-closure Charges

Another important factor for evaluating car loan is Pre-closure charges. You should consider the bank for which pre-closure charges are either NIL or minimum.

Top 5 Popular Car Loan in India

SBI New Car Loan Scheme

SBI new car loan scheme is one of the most famous schemes. Key features and benefit detail of this scheme is given below.

  • The interest rate offered by SBI is in the range of 9.25% – 9.30%.
  • Finance is provided for the on-road price. This include registration, insurance, extended warranty etc.
  • Repayment tenure under SBI Loan scheme would be 7 years.
  • The interest rate will be calculated based on daily reducing balance.
  • No prepayment penalty or foreclosure charges applicable.
  • Processing fees is NIL
  • Income proof, address proof and identity proof is mandatory for availing a loan.

PNB Car Loan Scheme

PNB Car loan scheme is next in the list of a popular car loan. The key features and benefit detail of PNB scheme is given below.

  • The interest rate in the range of 9.3% to 9.55%.
  • Loan amount up to 85% of on road price.
  • Third party or collateral is required as applicable.
  • Maximum loan tenure is 7 years.
  • Floating rate loan without any prepayment charges.
  • The processing fee is 0.35% of the loan amount.

Axis Bank

Axis Bank New Car loan is next in the list of popular loan offered for car. You can get 100% on road price funding via this loan. Key Features and benefits of this loan are given below.

  • The interest rate of loan starts from 9.25%.
  • Loan finance up to 100% of on road price. Zero Down Payment.
  • Loan Tenure up to 7 years.
  • Prepayment penalty applicable – 5% of principal outstanding.
  • Processing fee from Rs.3500 to Rs.5500.

HDFC Bank

HDFC Bank also offers loan for buying a car. They claim that disbursal in case of HDFC loan is very fast. Key features of HDFC Instant Car Loan is given below.

  • Custom fit car loan as per your requirement.
  • Instant Loan approval online.
  • Buying assistant is provided for purchasing car.
  • 100% car finance is given and Top up loans are provided.
  • Flexible repayment tenure up to 7 years.
  • Preferred pricing for HDFC bank customers.

ICICI Bank

ICICI Bank offers car loan up to 100% on road price of car, with instant approval on attractive interest rate with tenure of 7 years.

  • You can get loan for new as well as Pre-Owned car.
  • Insurance coverage for loan liability available, payable along with EMI
  • Assistance in selection of your dream car.
  • Loan up to 100% of on road price.
  • Quick and easy documentation for availing loan.
  • Processing fees from Rs.3500 to Rs.8500.
  • Prepayment charge 5% on principal outstanding.

Over to You –

You should do a comparative analysis before selecting a bank for availing car loan. Maintain healthy credit score so that you can get loan easily. It is advisable to buy a car in the festival season to avail lucrative festival offers. Make sure to read terms and condition before availing a loan.

Top 5 Best Health Insurance in India 2025

Shitanshu Kapadia
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0
Top 5 Best Health Insurance in India 2025

Health Insurance plans are designed for providing health coverage to the insurer. Buying the best health insurance policy has become one of the mandatory requirement today.

A cost of medical treatment is skyrocketing, if you are worried about growing medical expenses you should buy a proper health insurance policy. There are multiple health insurance policies available in India. People often get confused when selecting a best health policy. In order to help you here is a list of Top 5 Best Health Insurance in India. Prior to disclosing the name of top health insurance policy here are factors for shortlisting health policy.

health insurance policy india

Also Read – 5 Best Cashless Health Insurance Policy

Factors for shortlisting Health Insurance Policy

Age Limit – A chance of a medical problem is higher in older age. This means you should select a policy for the maximum permissible age limit. It is advisable to go for lifetime renewability plan.

Network Hospital – Insurance companies offer cashless facility into network hospitals. You should select a plan which provides maximum network hospital coverage.

Waiting Period – A waiting period is a time for which you need to wait before applying for the claim. The waiting period varies between 30 days to 60 days. You should buy a policy with a minimum waiting period.

Sub-limits – Sub-limit is a limit applied by insurance companies on the coverage. The sub-limit is applied for certain specific medical expenses. You should check for sub-limit condition carefully.

Additional Features – You should think beyond basic medical policy and check for additional features. Additional features mean some unique features such as alternative treatment coverage, day care treatment etc.

Add on Coverage and Riders – You should choose the insurer that offers various riders and add-ons to expand your medical coverage.

Exclusion – You should be aware of things which are not covered under medical insurance. It is known as exclusion. Take a close look at your health insurance policies to know the exclusion list before finalizing the policy.

Premium Rates – You should compare the premium rates before buying a health insurance policy.

Top 5 Best Health Insurance in India 2025

#1 HDFC Life Easy Health

HDFC Life Easy Health insurance plan is one of the best health insurance policy. Key Features and benefit detail of this plan is given below.

  • This plan covers a person in the age group of 91 days to 65 years. This policy can be issued to an individual as well as family members.
  • One can take coverage up to 50 Lakh using this policy.
  • This policy provides 60 & 90 days pre and post-hospitalization coverage.
  • You can get up to 8% discount for stay active benefit.
  • This plan covers 144 types of day-care expenses.
  • You can opt for additional coverage for a critical illness under this policy.
  • Apollo Munich provides very good cashless hospital network coverage.
  • Maternity expense is covered under this policy.
  • Domiciliary Treatment expense is covered up to a certain extent.
  • The premium rate of this policy is reasonable. It is one of the reasons this policy wins against Optima Restore Policy of Apollo Munich.

#2 ICICI Lombard Complete Health Insurance- iHealth

ICICI Lombard Complete Health Insurance – iHealth is next in the list of best health insurance plans. Key features and benefit detail of this plan is given below.

  • This plan provides lifelong renewal facility.
  • This plan covers Medical expenses incurred during hospitalization for more than 24 hours, including room charges, doctor/surgeon’s fee, medical bills, etc.
  • This plan covers 30 days pre and 60 days post hospitalization expenses.
  • Cashless hospitalization facility is available at network hospitals.
  • No medical test will be required for insurance cover below 46 years and sum insured up to 10 Lakh.
  • The benefit of wellness services and wellness points.

#3 Religare Health Insurance – Care

Religare Health Insurance is a comprehensive health insurance plan that provide coverage to you and your family against financial risk associated with medical emergencies. Key features and benefits of this plan are given below.

  • Religare Care plan provides maximum age coverage. No restriction is placed for maximum age.
  • This plan provides lifelong renewal facility.
  • The wait period of this plan is 30 days for any illness except injury.
  • This plan provides day care coverage and 30 days pre and 60 days post hospitalization coverage.
  • It also provides coverage for an organ donor and alternative treatment expenses.
  • You can get domiciliary hospitalization coverage under this plan.
  • This plan is suitable for senior citizen also. It can be purchased even at an older age.

#4 Bajaj Allianz Health Guard

Bajaj Allianz Health Guard is one of the best health insurance policy of Bajaj Allianz. It provides complete coverage for health expenses. Key Features of Bajaj Allianz Health Guard is given below.

  • The plan offers cashless facility at more than 4000 network hospitals across the country.
  • You will get a lifelong renewal facility in this plan.
  • This plan covers 60 days pre-hospitalization and 90 days post hospitalization coverage.
  • Daycare expense and organ donor expense are covered under this plan.
  • You can enjoy daily cash benefit under this plan.

#5 Niva Bupa Health Companion Health Insurance Plan

Niva Bupa Health Companion Health Insurance Plan provides different types of customized insurance policies. You can select the plan as per your need. Benefit details of a mentioned insurance policy are given below.

  • This plan comes with three variant individual, family floater and family first.
  • This plan provides coverage up to 1 Cr sum assured.
  • All day care treatments are covered under this plan.
  • This policy also covers organ transplant and domiciliary treatment coverage.
  • You can get hospital cash option in addition to the in-patient treatment benefits.

Over to You –

Selecting a health insurance policy is not a child’s play. You should evaluate all health insurance policy carefully and select the best health insurance policy.

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