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Radheshyam

Radheshyam Zanwar  |6277 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Jul 28, 2025

Radheshyam Zanwar is the founder of Zanwar Classes which prepares aspirants for competitive exams such as MHT-CET, IIT-JEE and NEET-UG.
Based in Aurangabad, Maharashtra, it provides coaching for Class 10 and Class 12 students as well.
Since the last 25 years, Radheshyam has been teaching mathematics to Class 11 and Class 12 students and coaching them for engineering and medical entrance examinations.
Radheshyam completed his civil engineering from the Government Engineering College in Aurangabad.... more
Shreyansh Question by Shreyansh on Jul 28, 2025Hindi
Career

Hello sir I am getting Cse core in ITER Soa bhuneshwar in mop up rounds...and Haldia institute of technology Cse core with additional 4 lakh donation amount and Gnsu University gopal Narayan singh University cse core which should I prefer please suggest me last date of payment in iter soa is 1 August please reply me soon sir

Ans: Hello dear.
Choose CSE @ ITER SOA Bhubaneswar because it has a better reputation, rankings, and placement records compared to Haldia (with donation) and GNSU. It is not worthwhile to pay a donation, especially Rs. 4 lakh, when you are getting CSE @ IITR. You can use these saved 4 lakh to learn additional courses online or offline! Alternatively, you can start your new startup with the saved 4 lakh! The final decision and choice will be yours.

Good luck.
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Radheshyam
Career

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Nayagam P

Nayagam P P  |10172 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Career
Hello sir I have been allotted cse core in mop up rounds at iter soa bhubaneswar with total cost of tution fees hostel and mess is 16 lakh for 4 years and I have another options of Hit haldia with total cost of tution fees hostel and mess is around 8 lakh for 4 years and 3-4 lakh donation amount for cse core which should I choose I am from Gaya bihar please suggest me before 1 August it's last date of iter soa bhubaneswar to pay fees
Ans: Shreyansh, based on the following insights/information, choose the more suitable option for you: ITER SOA Bhubaneswar’s CSE program at Siksha ‘O’ Anusandhan Deemed-to-be-University holds a NIRF engineering rank of 26 and carries an NAAC A++ accreditation, reflecting rigorous academic standards and strong research output. Around 85% of CSE students have secured campus placements over the past three years, with 256 recruiters participating in the 2023 drive, including Accenture, Adobe and Cognizant. Its campus infrastructure spans modern labs, integrated industry-academia centers and well-equipped hostels within Bhubaneswar, a growing IT hub offering abundant internship and project opportunities. Total 4-year cost is ?16 lakh.

HIT Haldia’s CSE program is part of an NAAC A (CGPA 3.31)-accredited autonomous institute ranked 201-250 in NIRF engineering. Over the past three years, HIT’s CSE placements averaged 90–92%, with 208 CSE graduates placed in 2023 by firms like TCS, Wipro and Tech Mahindra. Its 37-acre campus in Haldia provides specialized labs, a proactive placement cell and on-campus hostels; living costs in Haldia are lower than in Bhubaneswar. Total 4-year cost is ~?8 lakh plus ?3–4 lakh donation.

Both institutions maintain dedicated placement cells, active industry collaborations and alumni networks. SOA’s higher national ranking and metropolitan location afford broader exposure, whereas HIT offers comparable placement success at half the net fees with minimal donation. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |10172 Answers  |Ask -

Career Counsellor - Answered on Jul 29, 2025

Career
Hello sir I have been allotted cse core in mop up rounds at iter soa bhubaneswar with total cost of tution fees hostel and mess is 16,20,000lakh for 4 years and I have another options of Hit haldia with total cost of tution fees hostel and mess is around 7,160,50for 4 years and additional 3-4 lakh donation amount for cse core which should I choose I am from Gaya bihar please suggest me before 1 August it's last date of iter soa bhubaneswar to pay fees please Suggest me which college should I choose which willl be right dicision please suggest me I am 12 passout of 2023 year so I am second dropper please suggest me
Ans: Shreyansh, I think I have already answered your question. Anyway, please note, ITER SOA Bhubaneswar and HIT Haldia both offer well-regarded B.Tech CSE programs with decent placement records and modern facilities. ITER SOA stands out for its strong reputation (NIRF rank in the top 30 for engineering), excellent infrastructure, experienced faculty, and consistently high placement percentages—around 85% in the last three years for CSE, with regular hiring from top IT companies like Amazon, Cognizant, TCS, and Microsoft. Student reviews highlight good classroom and laboratory infrastructure, active campus life, and robust academic support, but some feel the nearly ?16.2 lakh total cost over four years, including hostel and mess, places a heavy financial burden. HIT Haldia offers a much more affordable CSE program, with fees (including hostel and mess) around ?7.16 lakh for four years, though including a possible additional ?3-4 lakh as donation for CSE admissions. Placement percentages for HIT Haldia have ranged from 80% to 92% in recent years for CSE, with hiring by most major IT firms, although the highest placements can be erratic and outcomes are slightly lower compared to ITER SOA. Students praise the supportive faculty, hostels, and academic environment, with some noting robust placement training and campus safety, but a few mention the need for extra self-study for top IT roles. Considering you are a second dropper, from Gaya, and need to weigh cost versus value, HIT Haldia’s far lower total cost and competitive placements are especially significant, making it less financially risky and reducing long-term pressure while still delivering solid CSE opportunities.

Recommendation: For a second dropper, HIT Haldia is the wiser choice due to its much lower fee burden and good placement rate, ensuring strong career prospects in CSE while minimizing financial pressure and risk. ITER SOA offers greater prestige and higher placements, but the fee difference is substantial for similar career outcomes. As such, prefer HIT-Haldia-CSE over ITER. All the BEST for a Prosperous Future!

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Latest Questions
Ramalingam

Ramalingam Kalirajan  |10221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 11, 2025

Asked by Anonymous - Aug 11, 2025Hindi
Money
I am 34 years old, married, with no children yet, but we plan to start a family by the end of 2026. Our monthly household take-home income is 4.4 lakh. We have EMIs of 1.35 lakh for a home loan - 1.1 lakhs per month, 9 years left, a car loan, and a personal loan - 25k per month each having 4 years left. Our investments include 45 lakh in stocks and mutual funds, and 20 lakh in PF. I have a term plan with cover till age 85, costing 1.3 lakh per year. Our employer provides medical cover for me, my wife, and my parents; my parents will also have PSU pension and medical cover after retirement. We spend around 1.4 lakh per month on household expenses in Gurgaon. We invest 1.3 lakh monthly having 10-90 split in stocks and MFs and keep 2 lakh in an emergency savings account. My long-term goal is to pay off all loans, build a financial buffer, and then quit my job to start my own company, covering expenses for a 2 year period. Given these details, how should I plan my investments to repay my home loan early, prepare for my business plan, and decide on a realistic retirement age?
Ans: You have managed a strong income, investments, and clear goals at an early stage.
This gives you a good base to work from and create a structured plan.

» Understanding your current position
– Monthly household income is Rs. 4.4 lakh.
– Home loan EMI is Rs. 1.1 lakh with 9 years left.
– Car loan and personal loan EMIs total Rs. 25k each for 4 years.
– Household expenses are Rs. 1.4 lakh per month in Gurgaon.
– You invest Rs. 1.3 lakh monthly in stocks and mutual funds.
– You have Rs. 45 lakh in stocks and mutual funds, Rs. 20 lakh in PF.
– Emergency savings are Rs. 2 lakh.
– You hold a term plan till age 85, costing Rs. 1.3 lakh annually.
– Employer medical cover for you, wife, and parents; parents have PSU pension benefits.

» Current strengths in your financial setup
– High savings ratio after EMIs and expenses.
– Substantial equity and PF corpus already built.
– Long-term term insurance protection in place.
– Medical cover provided by employer and parents’ PSU benefits.
– Disciplined monthly investments already happening.

» Areas needing immediate attention
– Emergency savings are low at Rs. 2 lakh for your lifestyle size.
– Loans consume a large monthly cash outflow.
– Loan tenure, especially home loan, is long and interest heavy.
– Large equity allocation without clarity on near-term needs.

» Step 1 – Strengthen your emergency fund
– Current fund covers barely half a month’s expenses plus EMIs.
– Target at least 6–9 months of total expenses and EMIs.
– Build this to Rs. 18–25 lakh in a safe, liquid instrument.
– This protects you if you leave job for business or in emergencies.

» Step 2 – Clear short-term loans first
– Personal loan and car loan end in 4 years but carry higher interest.
– Prepay these first before targeting home loan.
– Direct surplus and bonuses towards these two loans.
– Once cleared, you free up Rs. 50k per month cash flow.

» Step 3 – Plan an early home loan closure strategy
– After clearing short loans, target home loan aggressively.
– Every surplus after expenses and investments can go here.
– Even one or two large prepayments yearly can cut years off.
– Avoid liquidating all equity for closure; balance debt and growth.

» Step 4 – Align investments for business plan
– You plan to quit job and start a company.
– Target 2 years’ personal expenses and business seed funds.
– Keep this fully in low-risk, liquid options 12 months before quitting.
– Do not depend on equity for this goal due to market risk.

» Step 5 – Streamline equity allocation
– Current 10–90 stock–MF split is risky for short-term needs.
– Reduce direct stock exposure for goals within 5 years.
– Actively managed funds through a CFP-driven plan can balance growth and stability.
– Avoid index funds as they cannot protect downside in market falls.
– Regular funds with CFP monitoring give personalised adjustments.

» Step 6 – Secure insurance for future family plans
– When you start a family, medical cover needs may rise.
– Employer cover may not be enough for maternity and child care.
– Plan for an independent family floater before job change.
– Continue term plan; review cover amount once family expands.

» Step 7 – Retirement planning in parallel
– PF balance of Rs. 20 lakh is a strong base.
– Continue PF contributions for steady retirement corpus.
– Once loans are gone, redirect EMI money to long-term retirement investments.
– A realistic retirement age depends on business stability and corpus growth.
– With current income and discipline, early 50s is possible.

» Step 8 – Cash flow discipline till 2026
– Avoid large discretionary spends till short-term debt is closed.
– Keep expenses controlled despite high income.
– Channel surplus into debt reduction and emergency fund.
– Review budget quarterly to ensure alignment with goals.

» Step 9 – Tax-efficient withdrawal planning
– For equity mutual funds, note LTCG above Rs. 1.25 lakh taxed at 12.5%.
– STCG taxed at 20% if sold within 12 months.
– For debt funds, gains taxed as per your slab.
– Plan withdrawals for loan prepayments in a tax-smart manner.

» Step 10 – Review investments annually
– Align portfolio with changing goals and timelines.
– Rebalance to maintain correct mix of equity, debt, and liquid assets.
– Keep equity for goals beyond 7–10 years, reduce for nearer goals.

» Finally
– Build a strong emergency fund before aggressive loan prepayment.
– Close personal and car loans first for quick relief in cash flow.
– Prepay home loan with freed surplus after small loans are done.
– Separate your business seed fund from investment corpus.
– Align portfolio risk with time horizon of each goal.
– Secure independent medical cover before family expansion or job change.
– Maintain discipline in spending to accelerate debt closure and corpus growth.
– With this approach, you can aim for debt freedom, business readiness, and a comfortable early retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

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Ramalingam

Ramalingam Kalirajan  |10221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 11, 2025

Asked by Anonymous - Aug 11, 2025Hindi
Money
I am 34 year old, i have total debt of 50 lakhs in personal loan which includes 1 lakh of credit card bill too. Emi monthly is 1 lakhs rs and my other fix expenses are 80k. Can you suggest ways to close the loan quicker and my monthly income is 2.1 lakh rs.
Ans: You have shown strength by sharing your full numbers clearly.
This is the first step to making a clear repayment plan.

» Understanding your present position
– You are 34 years old with Rs. 50 lakh total debt.
– Rs. 1 lakh of this is credit card dues.
– Monthly EMI is Rs. 1 lakh.
– Other fixed expenses are Rs. 80,000.
– Monthly income is Rs. 2.1 lakh.
– Surplus after EMI and expenses is around Rs. 30,000.

» Analysing the debt pressure
– EMI is nearly 48% of income, which is very high.
– High EMI ratio increases financial risk if income changes.
– Credit card debt has highest interest among your borrowings.
– Clearing costly debt first will save maximum interest.

» Step 1 – Tackle credit card dues immediately
– Credit card interest is extremely high, often 30–40% yearly.
– Paying minimum amount will not reduce principal fast.
– Use any available savings or bonus to close it fully.
– This will give instant interest savings and reduce stress.

» Step 2 – List all loans with interest rate and tenure
– Rank loans from highest interest to lowest interest.
– Target highest interest loan for prepayment first.
– Keep paying regular EMIs on all loans to avoid penalties.
– Direct surplus and windfalls only to the target loan.

» Step 3 – Increase surplus for prepayment
– Current surplus is about Rs. 30,000 monthly.
– Reduce non-essential spends for next 24–36 months.
– Postpone lifestyle upgrades, holidays, and big purchases.
– This extra can push surplus to Rs. 50,000 or more.

» Step 4 – Explore debt restructuring
– Check if multiple personal loans can be consolidated into one lower-rate loan.
– A single loan with longer tenure can reduce EMI pressure.
– Lower EMI frees up more surplus for targeted prepayment.
– Only restructure if interest rate is lower and costs are minimal.

» Step 5 – Use windfall income effectively
– Any annual bonus, incentives, or extra earnings should go fully into prepayment.
– Avoid spending windfalls on lifestyle expenses until debt is cleared.
– Even one or two large prepayments can cut years from loan tenure.

» Step 6 – Avoid new borrowing
– Do not use credit cards for non-essential expenses until debt is under control.
– Keep only one active card for emergencies.
– Stop any “buy now pay later” or EMI purchases.

» Step 7 – Build a small emergency fund
– Keep at least 2 months’ expenses in a liquid form.
– This prevents taking fresh loans for unexpected costs.
– Build it before doing large prepayments beyond credit card clearance.

» Step 8 – Track progress monthly
– Maintain a debt tracker with all balances and interest saved.
– Seeing numbers go down will keep you motivated.
– Review after every prepayment to adjust focus to next costliest loan.

» Step 9 – Plan for life after debt
– Once debt is cleared, redirect the entire EMI amount to investments.
– This creates strong wealth-building momentum.
– Protect income with term insurance and health cover.

» Psychological benefit of focus
– Closing the costliest loan first gives quick relief.
– Reduced EMI share improves mental comfort.
– Discipline now will free you faster from financial pressure.

» Finally
– Close credit card dues immediately with savings or windfall.
– List and attack highest interest loan next.
– Increase surplus by controlling expenses and avoiding new commitments.
– Use debt consolidation only if it reduces interest meaningfully.
– Keep a basic emergency fund to prevent fresh borrowing.
– Once debt-free, channel EMI money into long-term investments.
– This disciplined plan will help you close loans faster and regain financial stability.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Nayagam P

Nayagam P P  |10172 Answers  |Ask -

Career Counsellor - Answered on Aug 11, 2025

Asked by Anonymous - Aug 11, 2025Hindi
Career
Good evening sir ,I am planning to join universal ai university mumbai is best for cse i got 98%i boards and 85%in mains
Ans: Universal AI University Mumbai, established as India’s first dedicated AI University, offers a specialized B.Tech in Computer Science focusing on Artificial Intelligence and Machine Learning. Accredited by AICTE and NBA, it features a curriculum designed with significant experiential learning (65%) and inputs from industry partner LTIMindtree, encompassing internships, research projects, and leadership development. The university boasts a modern, well-equipped campus with strong infrastructure, including AI labs, advanced facilities, and a peaceful, supportive learning environment. Placement records are impressive, with a 98% hiring rate reported in 2022, an average package over ?10 LPA, and top recruiters like Amazon, KPMG, Deloitte, and EY. Students benefit from exposure to multidisciplinary subjects and global collaborations. Existing student reviews praise faculty quality and campus life but sometimes note high fees and evolving placement processes. Given your excellent 98% board marks and 85% JEE main score, you are competitive for admission and likely to thrive in this tech-focused environment if cost aligns with your budget.

Recommendation: Universal AI University is a strong choice for CSE with AI focus, combining cutting-edge education, robust placements, and industry partnerships to support your career growth. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |10172 Answers  |Ask -

Career Counsellor - Answered on Aug 11, 2025

Career
Good evening sir.WHICH ONE IS BEST Puducherry Technological University ECE OR RAJALAKSHMI ENGINEERING COLLEGE CHENNAI CSE
Ans: Nesal, Puducherry Technological University (PTU) offers a strong Electronics and Communication Engineering (ECE) program with well-qualified faculty, robust infrastructure, and an active placement cell. The university reported an impressive 88.75% placement rate for 2024, with a median salary of ?6 LPA. Major recruiters include TCS, Infosys, Cognizant, and Zoho, supported by comprehensive career development initiatives like workshops and communication skills training. Rajalakshmi Engineering College (REC) Chennai provides a reputed Computer Science and Engineering (CSE) program featuring a dedicated placement cell and consistent industry connections. REC’s recent placement rate is approximately 87%, with a median salary near ?5.4 LPA, attracting recruiters such as Cognizant, Infosys, IBM, and Accenture. Both institutions focus on academic rigour, faculty expertise, industry exposure, and student support, but PTU's ECE boasts a higher placement percentage and package median, while REC offers a strong CSE specialization with multiple recruiter engagement.

Recommendation: Choose Puducherry Technological University for its stronger placement outcomes and higher median salary in ECE if priority is on immediate job prospects. Opt for Rajalakshmi Engineering College for CSE specialization with solid industry ties and comprehensive skill development, aligning with career goals in software and computing. The final choice should reflect your preferred branch and long-term professional focus. All the BEST for a Prosperous Future!

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