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MYKHAZANCHI Client

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Download MYKHAZANCHI Client APK latest version Free for Android

Version 1.0
Update
Size 4.63 MB (4,855,380 bytes)
Developer TickerPlant Limited
Category Apps, Finance
Package Name com.wealth.MYKHAZANCHIClient
OS 4.4 and up

MYKHAZANCHI Client APPLICATION description

The word Khazanchi has a roman origin and it stands for 'Treasurer' or the keeper of Kings/Queens treasure. Mykhazanchi.com was incorporated with the belief that each man's income, saving and assets are his treasure and it is our duty to treat our clients as Kings or Queens and serve them by ensuring their treasure helps them in achieving all the goals they have set for themselves.

Inscribed within our logo are the words "VIRTUE ALONE ENNOBLES", we believe what makes someone noble is not his education, his colour of there skin or the race to which they belong, it is there character which is formed by the practice of certain virtues.

At Mykhazanchi we believe in inculcating these virtues which is a life long task. So, as a student of financial strategy one has to work at becoming noble all through there life. Wherever we may go and whatever we do, we must remember this important work of becoming noble through the practice of virtues. In this journey of becoming virtuous and noble it is our prerogative to be kind, gentle, respectful, helpful, cheerful, hard working and enthusiastic at all times and this is what makes us different from others.

In short, Mykhazanchi.com was incorporated with an aim to reach out to all strata of the society and help people achieve there goals by managing there finances. We firmly believe that you should be doing what you are best at, leaving your financial strategies to us. Whether it is planning future financial goals, investing in direct equity, mutual funds, bonds or any fund requirement for expansion of business, purchase of Home or personal use we will help you out in every step of your life.

Financial Planning for Achieving Goals

The only thing certain in life is uncertainty.

When you have a mild fever, you will most likely self-prescribe a medicine. When it persists you may ask the local pharmacist to prescribe something stronger. But if it continues and other complications start arising you will go to a doctor. Maybe if you had gone to the doctor in the first place, instead of being unwell for 10 days you might have gotten better in 5. Seeking the advice and services of a Financial Planner and a certified one at that is just the same.

But people still seek advice from the pharmacist equivalent broker, or a friend or a colleague for their hard earned money which may prove disastrous. Most young professionals today do not plan their finances - some because of a lack of awareness about its benefits, others because of their belief that they do not require it at the initial stage of their careers and some others because it may be expensive for them now.

The sooner you start investing, the more time your money will have to grow - pure and simple “compounding” or the “snowball effect” on your money. Financial Planning is process of accessing financial goals whether short term or long term, aligning them with the current assets and inflow. Quantifying life goals and then taking necessary steps to achieve it within the stipulated time frame.


Benefits of Financial Planning:

Planning is very important as it provides a clear goal and direction. In life all of us have ambitions and dreams, but we don’t plan to achieve them.

“IF YOU FAIL TO PLAN, YOU ARE PLANNING TO FAIL”


Process Flow we follow:

Determining your current financial situation

Defining financial goals

Identifying alternative courses of action

Evaluating alternatives

Creating and implementing a financial action plan

Monitoring the plan and

Review & revising the plan if required.


Tools used to achieve the goals:

Mutual Funds

Stock Broking (Equity / Future / Options)

Commodity Broking

Insurance (Life/ Health/ General)

Fixed Income products (Bonds/ FDs/ Debt Funds)

PMS (Portfolio Management services)

Loan advisory
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