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Nayagam P P  |10928 Answers  |Ask -

Career Counsellor - Answered on Dec 04, 2025

Nayagam is a certified career counsellor and the founder of EduJob360.
He started his career as an HR professional and has over 10 years of experience in tutoring and mentoring students from Classes 8 to 12, helping them choose the right stream, course and college/university.
He also counsels students on how to prepare for entrance exams for getting admission into reputed universities /colleges for their graduate/postgraduate courses.
He has guided both fresh graduates and experienced professionals on how to write a resume, how to prepare for job interviews and how to negotiate their salary when joining a new job.
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He has a postgraduate degree in human resources from Bhartiya Vidya Bhavan, Delhi, a postgraduate diploma in labour law from Madras University, a postgraduate diploma in school counselling from Symbiosis, Pune, and a certification in child psychology from Counsel India.
He has also completed his master’s degree in career counselling from ICCC-Mindler and Counsel, India.
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Radhika Question by Radhika on Dec 03, 2025Hindi
Career

Pls guide which entrance tests to apply for besides jee mains for good engineering colleges in India?

Ans: Radhika, I encourage you to thoroughly explore the alternatives listed below and select approximately 7-8 options as contingency plans to complement your JEE Main preparation. When evaluating these options, consider factors such as your academic standing, career objectives, preferred geographic location, and institutional strengths to identify the best-suited programs for your engineering journey. Southern India Private Engineering Colleges (Top 5): The Southern region hosts several premier private engineering institutions. Vellore Institute of Technology (VIT), Vellore, Tamil Nadu, secured NIRF rank 16 in 2025 and accepts students through VITEEE (VIT Engineering Entrance Examination) in addition to JEE Main scores. The institution is renowned for infrastructure including 24x7 laboratories, smart classrooms, dedicated research centres, and consistent 95%+ placements with average packages reaching 9.5 lakhs and peak packages touching 45 lakhs annually. SRM Institute of Science and Technology, Chennai, Tamil Nadu, ranked 14th in NIRF 2025, conducts SRMJEEE (SRM Joint Engineering Entrance Exam) for admissions alongside accepting JEE Main qualifiers. SRM's sprawling campus features world-class facilities, strong academic partnerships with industry leaders like Google, Microsoft, and Amazon, resulting in average placements of 8 lakhs with maximum packages exceeding 50 lakhs. Amrita Vishwa Vidyapeetham, Coimbatore, Tamil Nadu, ranked 23rd by NIRF 2025, accepts students through AMRITAEEE entrance examination. The institute maintains excellence through state-of-the-art laboratories, research centers, and a robust internship ecosystem, delivering 100% placement records with average salary packages of 9 lakhs. Sri Sivasubramaniya Nadar (SSN) College of Engineering, Kalavakkam, Tamil Nadu, ranked 46th in NIRF 2025, conducts its proprietary entrance test SSN GATE (Greenfield Aptitude Test for Engineering) for admissions. SSN's infrastructure encompasses advanced computing facilities, maker spaces, and industry collaborations, consistently achieving 100% placements with average packages exceeding 10 lakhs. Kalasalingam Academy of Research and Education (KARE), Srivilliputhur, Tamil Nadu, ranked 36th in NIRF 2025, accepts JEE Main scores and conducts KASAT entrance examination. The institution features modern laboratories, research facilities, and strong industry partnerships, maintaining 98%+ placement rates with average packages of 7.5 lakhs.

Northern India Private Engineering Colleges (Top 5): Northern India's premier private engineering institutions include BITS Pilani, Pilani, Rajasthan, which achieved NIRF rank 11 in 2025 and conducts the selective BITSAT (Birla Institute of Technology and Science Admission Test) entrance examination. BITS Pilani's state-of-the-art facilities, global academic partnerships, world-class research centers, and consistent placements with average packages reaching 12 lakhs and highest packages exceeding 60 lakhs make it highly sought after. Chandigarh University, Chandigarh, Punjab, ranked 32nd in NIRF 2025, conducts CUCET (Chandigarh University Common Entrance Test) and accepts JEE Main qualifiers. The university offers modern infrastructure including laboratories equipped with latest technologies, innovation hubs, and strong placement support resulting in average salaries of 7 lakhs with peak packages reaching 35 lakhs. Thapar Institute of Engineering and Technology, Patiala, Punjab, ranked 29th by NIRF 2025, accepts JEE Main scores and conducts THAPAR ENGINEERING ENTRANCE EXAM. The institute maintains excellent infrastructure with dedicated research facilities, industry collaborations with major tech companies, delivering consistent placements averaging 8.5 lakhs. Lovely Professional University (LPU), Jalandhar, Punjab, ranked within top 100 by NIRF 2025, conducts LPUNEST (LPU National Entrance and Scholarship Test) entrance examination. LPU features one of India's largest campuses with state-of-the-art facilities, strong IT industry connections, and placement records with average packages of 6.5 lakhs. Amity University, Noida, Uttar Pradesh, ranked 30th in NIRF 2025, conducts AMITY JEE alongside accepting JEE Main scores. Amity operates across multiple campuses with excellent laboratories, industry partnerships spanning Fortune 500 companies, delivering average placements of 7 lakhs with competitive peak packages.

Eastern India Private Engineering Colleges (Top 5): Eastern India's prominent private engineering institutions include Institute of Engineering and Management (IEM), Kolkata, West Bengal, conducts IEM GATE entrance test and accepts JEE Main qualifications. IEM features modern infrastructure, strong academic framework, and industry connections, maintaining placement rates with average packages around 6 lakhs and selective branches achieving higher figures. Siksha 'O' Anusandhan (SOA), Bhubaneswar, Odisha, achieved NIRF rank 26 in 2025 and conducts SUAT (SOA Unified Admission Test) entrance examination. SOA's comprehensive campus includes advanced laboratories, research facilities, and consistent 90%+ placements with average packages of 7.5 lakhs. Kalinga Institute of Industrial Technology (KIIT), Bhubaneswar, Odisha, ranked 37th by NIRF 2025, accepts KIIT entrance test scores alongside JEE Main. KIIT operates state-of-the-art facilities, maintains strong research focus, achieving 95%+ placements with average packages around 7 lakhs. Adamas University, Kolkata, West Bengal, conducts ADAMAS ENTRANCE TEST and accepts JEE Main scores. The institution features modern teaching laboratories, research centers, and good placement support with average packages of 5-6 lakhs. Techno India University (TIU), Kolkata, West Bengal, conducts TIU entrance examination. TIU maintains good infrastructure, industry partnerships, and consistent placement support with average packages reaching 6 lakhs.

Western India Private Engineering Colleges (Top 5): Western region's top private engineering colleges include Nirma University, Ahmedabad, Gujarat, conducts NUA (Nirma University Aptitude) entrance test alongside accepting JEE Main. Nirma features excellent infrastructure, research facilities, and strong industry connections delivering average placements of 7-8 lakhs with peak packages exceeding 30 lakhs. SVKM's NMIMS University, Mumbai, Maharashtra, accepts JEE Main scores and conducts NMAT entrance exam. NMIMS maintains premium infrastructure, strong corporate connections, consistent 100% placements with average packages around 9-10 lakhs. Dwarkadas J. Sanghvi College of Engineering, Mumbai, Maharashtra, accepts JEE Main qualifiers and conducts DJ Sanghvi entrance examination. The institution features modern laboratories, maker spaces, and good placement records with average packages of 6-7 lakhs. DJ Sanghvi's focus on technology and innovation ensures competitive career outcomes. Rai University, Ahmedabad, Gujarat, conducts RAI entrance test. Rai operates with good infrastructure, industry partnerships, maintaining placement rates with average packages of 5-6 lakhs. Pune Institute of Computer Technology (PICT), Pune, Maharashtra, conducts PTC entrance examination. PICT features strong IT curriculum, modern labs, and consistent placements with average packages of 7-8 lakhs.

Central India Private Engineering Colleges (Top 5): Central India's prominent private engineering institutions include Maulana Azad National Institute of Technology (MANIT), Bhopal, Madhya Pradesh, though primarily government-aided, acts as a key player. For private sector, Shobhit University, Meerut, Uttar Pradesh, conducts SUAT entrance test. Shobhit maintains good infrastructure, growing industry partnerships, with placements averaging 5-6 lakhs. Manipal University, Jaipur, Rajasthan, ranked 58th by NIRF 2025, conducts MUJ entrance examination. Manipal features modern facilities, strong academic programs, consistent placements with average packages around 6.5 lakhs. IMS Engineering College, Ghaziabad, Uttar Pradesh, conducts IMSECE entrance test. IMS maintains competitive infrastructure and good placement support with average packages of 5-6 lakhs. JSS Academy of Technical Education (JSSATE), Noida, Uttar Pradesh, ranked 201st in NIRF 2025, conducts JSS entrance test. JSSATE features modern laboratories, industry collaborations, with average placements reaching 6.5 lakhs. State-Level Entrance Exams Open to All-India Candidates (Top 5): COMEDK UGET (Consortium of Medical, Engineering and Dental Colleges of Karnataka - Unified General Entrance Test), Karnataka, is an all-India level entrance examination conducted by Consortium of Medical, Engineering and Dental Colleges. This exam opens access to 190+ private engineering colleges across Karnataka. Top colleges accepting COMEDK include RV College of Engineering, Bengaluru (NIRF ranked, average package 9+ lakhs), MSRIT (M.S. Ramaiah Institute of Technology), Bengaluru (strong placements 7+ lakhs), and BMSCE (B.M.S. College of Engineering), Bengaluru (known for CSE placements, average 8+ lakhs). KCET (Karnataka Common Entrance Test), Karnataka, (primarily for Karnataka State students only), allows Indian nationals to compete for approximately 35,000 engineering seats across government and private institutions. Leading private colleges through KCET include Dayananda Sagar Academy of Technology and Management (DSATM), Bengaluru, and New Horizon College of Engineering. WBJEE (West Bengal Joint Entrance Examination), West Bengal, is an all-India entrance test opening access to engineering colleges throughout West Bengal. Prominent colleges include Institute of Engineering and Management (IEM), Kolkata (average package 6+ lakhs), Jadavpur University's engineering wing, and International School of Photonics (IIESTM). HARYANA Entrance Test (HEEE), though primarily Haryana-based, accepts all-India candidates. Leading colleges include Chandigarh University's Haryana centers and various private institutions across NCR region. INAT (Institute of National Assessment for Engineering), conducted by multiple engineering institutes pan-India, provides alternative pathway for students seeking admission to top private engineering colleges without appearing in JEE Main or state-specific tests, accepting qualifications from various regional engineering entrance exams simultaneously.

This comprehensive regional analysis demonstrates that India's top private engineering colleges below NIRF 250 rank offer diverse admission pathways through state-specific and national entrance exams, with robust infrastructure, strong industry placements, and competitive salary packages, making them excellent alternatives to IIT/NIT admissions for engineering aspirants. All engineering colleges mentioned possess unique strengths and considerations worthy of evaluation. To optimize your college selection process, I suggest identifying 7-8 preferred institutions/entrance exams, based on your individual requirements, location preferences, and career aspirations. Undertake detailed research on each shortlisted college, including reviewing official websites, placement data, student testimonials, infrastructure facilities, and academic specializations. This systematic approach will equip you with comprehensive knowledge to confidently select the most appropriate institution(s) following your performance in all entrance examinations. All the BEST for a Prosperous Future!

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Hello sir My son is in 12th class this year and preparing for JEE exam. Kindly suggest in addition to JEE any other entrance exam for engineering
Ans: Virendra Sir. I hope your son has joined Coaching Center for his JEE. As you prefer to have back-ups apart from JEE (NITs, IITS, GFTI & IIITs), here are some other suggested Entrance Exams along with JEE: (1) State Entrance Exams and / or Top-3 Private Colleges' Entrance Exams in your / nearby States (2) If you prefer to apply in South also, COMEDK (of Karnataka) is another better option as it is open to Students all over India. (3) IAT Exam for admission into IISER if your daughter is interested in Research (4) PESSAT (of PES University) in Bengaluru (4) CUET for Central Universities all over India. It is advisable for her to appear in, minimum 5-Entrance Exams. This will enable your daughter to have a lot of options to choose the best & most suitable College along with the Stream she prefers. Give importance to Location of the College Also. And, please AVOID forcing her to join the College / Stream which you prefer. All The BEST for your Daughter's Bright Future, Sir. To know more on ‘ Careers | Education | Jobs | Resume Writing | Profile Building | Salary Negotiation Skills | Building Professional LinkedIn Profile | Choosing Right School Board (State | Matriculation | CBSE | ICSE |International Board) | Student Psychological Counselling | Exam Preparation Techniques (Board | Entrance & Competitive)| Strategies to Attempt Exams | Job Interview Skills | Skill Upgrading | Parenting & Child Upbringing Skills | Career Transition | Abroad Education | Education Loan (India | Abroad) | Scholarship (India | Abroad) | SOP Writing Tips’, please FOLLOW me in RediffGURU here.

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Latest Questions
Ramalingam

Ramalingam Kalirajan  |11047 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Mar 02, 2026

Money
I have borrow a 36.50 lakh loan against property from hdfc bank. is property inssurance mandatory for the mortgage loan on property?
Ans: You have taken a Loan Against Property of Rs 36.50 lakh. First, I appreciate that you are checking the legal and financial side carefully. That shows responsibility.

Now let us understand clearly.

» Is Property Insurance Mandatory for Loan Against Property?

– Legally, property insurance is not compulsory under Indian law.
– But practically, most banks including HDFC Bank insist on insuring the property.
– It is usually mentioned in the loan agreement as a condition.

So technically it is not a government rule. But contractually, the bank can make it compulsory.

Why? Because the property is the security for your loan.

» Why Bank Insists on Property Insurance

– The property is pledged to the bank.
– If there is fire, flood, earthquake or major damage, the value reduces.
– If the property is damaged badly, the bank’s security becomes weak.

Insurance protects both you and the bank.

So from risk management point of view, it is practical and sensible.

» Is It Mandatory to Buy Insurance From the Same Bank?

– No bank can force you to buy insurance only from their partner company.
– You are free to choose any general insurance company.
– You only need to assign the policy in favour of the bank.

If bank is forcing bundled insurance, you can politely request separate policy.

» What Type of Insurance Is Needed?

For mortgage loan, usually:

– Structure insurance (building insurance) is required.
– Contents insurance is optional but useful.

If it is an apartment:

– The society may already have a master policy.
– Still, individual unit insurance is better.

Do not confuse this with loan protection insurance (life cover). That is different.

» Should You Take It Even If Not Forced?

Yes, I strongly recommend taking it.

Why?

– Property is a large asset.
– One accident can destroy years of savings.
– Premium is very small compared to property value.

It is not an expense. It is protection.

» Check These Points Carefully

– Insured value should match reconstruction cost, not market value.
– Natural calamities must be covered.
– Policy should be renewed every year without fail.
– Bank clause (assignment clause) must be correctly mentioned.

Do not ignore renewal. If policy lapses, risk comes back to you.

» 360 Degree Protection View

Since you have a loan:

– Ensure you have adequate term insurance to cover outstanding loan.
– Ensure you have proper health insurance.
– Maintain emergency fund for EMI continuity.

If something happens to income, EMI must not suffer.

Property insurance protects asset.
Term insurance protects family.
Emergency fund protects EMI discipline.

All three together create safety.

» Finally

Property insurance may not be legally compulsory, but practically it is required and financially wise.

Do not see it as bank pressure. See it as risk control.

A small premium today can prevent a huge financial shock tomorrow.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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

...Read more

Ramalingam

Ramalingam Kalirajan  |11047 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Mar 02, 2026

Money
Hello Sir, I am 43 year old, having investment in 1. Own House-No Loan 2. MF holding 14.0 Lac, 3. FD 44.0 Lac, 4. Pure Gold 40.0 Lac, 5. PPF 5.0 Lac, 6. EPF 27.5 Lac, 7. NPS 9.0 Lac 8. Bank Account 10.0 Lac 9. Monthly SIP 44000 Rs [Multicap, Two Mid Cap, Two Small Cap, Large and Mid Cap] 10. Term Plan 50.0 Lac My child is 16 years old, i need your advice for my child education, marriage as well as my retirement.
Ans: You have built a very strong foundation at 43. Own house without loan, good savings in FD, gold, EPF and mutual funds – this shows discipline and stability. Many people at your age struggle with liabilities. You are in a safe position. Now we must organise it properly for your child’s higher education, marriage and your retirement.

» Current Financial Position – Overall Assessment

– Own house without loan gives you emotional security.
– Total financial assets are well diversified across FD, gold, PF and mutual funds.
– Large allocation to FD and gold gives safety but lower long-term growth.
– Mutual fund exposure is moderate and SIP is healthy at Rs 44,000 per month.
– Term cover of Rs 50 lakh is on the lower side considering child age and future costs.

You are financially stable. Now the focus must shift to growth and protection.

» Child Higher Education – 2 to 4 Year Planning Window

Your child is already 16. That means higher education funding is very near.

– Education corpus should not depend on equity-heavy assets now.
– Avoid taking high risk in small and mid caps for this goal.
– Start segregating money required in next 2–3 years into safe instruments like short-term debt or high-quality fixed income.
– Do not disturb EPF and NPS for education unless absolutely necessary.

If needed, you can use part of FD and bank balance. Education goal is priority one.

Important: Avoid selling equity mutual funds in panic. If you sell equity funds:
– LTCG above Rs 1.25 lakh is taxed at 12.5%.
– STCG is taxed at 20%.

Plan redemption carefully and gradually.

» Child Marriage – Long-Term Goal (8–12 Years)

Marriage is not urgent. So this can stay in growth assets.

– Continue SIP.
– You are currently investing across multicap, midcap, smallcap and large-midcap. That is fine for long term.
– But review allocation. Too much mid and small cap increases volatility.

Keep marriage goal in a separate mutual fund bucket. Track it independently.

» Retirement Planning – The Most Important Goal

You are 43. You have around 15–17 years for retirement.

Current retirement assets:
– EPF Rs 27.5 lakh
– NPS Rs 9 lakh
– PPF Rs 5 lakh
– Mutual Funds Rs 14 lakh

This is a decent start but not enough for long retirement life.

You must:

– Increase retirement-focused equity allocation gradually.
– Continue EPF contribution strongly.
– Continue NPS for tax and discipline, but do not depend fully on it.
– Increase SIP gradually every year, at least 5–10% step-up.

At your age, growth is still required. Too much FD and gold will reduce long-term wealth creation.

» Asset Allocation Correction

Current allocation shows heavy weight in:

– FD Rs 44 lakh
– Gold Rs 40 lakh

Gold and FD together form a very large portion. Gold does not give income. FD gives safety but post-tax returns are moderate.

Suggestion:

– Do not exit gold fully. Keep reasonable allocation.
– Slowly reduce excess FD over next few years and move towards diversified equity mutual funds for long-term goals.
– Keep emergency fund of 6–9 months in bank and FD. Beyond that, excess idle cash should work harder.

» Insurance Review

Term cover of Rs 50 lakh is low.

– Considering child age and inflation in education, you should review and increase total term cover.
– Aim for at least 10–12 times annual income protection.

Health insurance is not mentioned. If not adequate, increase family floater coverage.

» Risk Management & Behaviour Discipline

– Do not frequently change funds based on market noise.
– Review once a year.
– Keep goals separated mentally and financially.

Your SIP structure is good. Just rebalance and align with time horizon.

» Tax Awareness

– Equity mutual fund gains above Rs 1.25 lakh (long term) are taxed at 12.5%.
– Short term gains are taxed at 20%.
– Debt fund gains are taxed as per slab.

So plan withdrawals smartly. Do not redeem in one single financial year if avoidable.

» Action Plan – Next 12 Months

– Separate education corpus immediately.
– Increase term insurance.
– Gradually rebalance FD surplus into long-term mutual funds.
– Step-up SIP yearly.
– Create clear written retirement number target.
– Review NPS asset allocation to ensure enough equity exposure.

» Finally

You are not late. You are actually ahead in discipline and savings. Only re-alignment is required.

Education funding needs safety now.
Marriage needs growth.
Retirement needs structured and increasing equity exposure.

If you implement these corrections calmly, you can achieve all three goals without stress.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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

...Read more

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