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Milind

Milind Vadjikar  | Answer  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Apr 26, 2025

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more
Raguraman Question by Raguraman on Apr 26, 2025
Money

Sir i am 66 yrs old. I expect around 1 lac. Surrender clause available after 14 yrs

Ans: Hello;

This plan is extremely unfair.

At any stage if the policy holder is not happy he must have an option to surrender the policy and exit.

You may lodge complaint to IRDAI through their Integrated Grievance Management System (IGMS) portal Bima Bharosa, online.

Best wishes;
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ramalingam

Ramalingam Kalirajan  |9758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 12, 2024

Asked by Anonymous - Jul 01, 2024Hindi
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Hello Sir, I am working in sales and marketing Overseas West African market within the pharmaceuticals industry. I have my own home of 1500 sq feet gross value in Nagpur 75 lac . I have did mutual fund investment of 4 lac in December 2023 ( one time investment ) , regular SIP 30,000 per month from last 1 years and more planning to invest 30,0000 per month from July 2024 .I had taken TATA AIA Ulip plan 1.5 Lac per annum for 5 years (dec 2022 . finished 2 years ) . Present FD @ 7% 10 lac with HDFC Bank. Around purchase 14 lac in Gold bars . Planning to take the Term plan for age 85 years premium annual 1.75Lac pee annum for next 10 years for risk cover 2 lac . Monthly LIC policy going on 80,000 per annum .
Ans: I appreciate your trust in seeking financial advice. Let’s dive into your financial situation and plan a robust strategy for your future.

Your Current Financial Landscape
You have a well-diversified portfolio with investments in mutual funds, fixed deposits, gold, and insurance. Here’s an overview:

Home: You own a home in Nagpur worth Rs. 75 lakhs.

Mutual Funds: You have invested Rs. 4 lakhs in mutual funds as a lump sum in December 2023. Additionally, you have been doing SIPs of Rs. 30,000 per month for the last year.

Fixed Deposits: You have Rs. 10 lakhs in fixed deposits with HDFC Bank at a 7% interest rate.

Gold: You have invested Rs. 14 lakhs in gold bars.

Insurance: You have a TATA AIA ULIP plan with an annual premium of Rs. 1.5 lakhs, currently in its second year of a five-year term. Additionally, you have a monthly LIC policy with an annual premium of Rs. 80,000.

Future Plans: You plan to increase your SIP to Rs. 30,000 per month from July 2024. You are also considering a term plan with an annual premium of Rs. 1.75 lakhs for the next 10 years, offering a cover of Rs. 2 crores until the age of 85.

Evaluating Your Investments
Mutual Funds
Mutual funds are a fantastic way to grow your wealth over the long term. They offer the benefits of professional management, diversification, and the power of compounding.

Advantages of Mutual Funds:
Diversification: Mutual funds invest in a variety of securities, reducing risk.

Professional Management: Experienced fund managers make investment decisions on your behalf.

Liquidity: You can easily redeem your investments when needed.

Flexibility: With options like SIPs, you can start with a small amount and increase it over time.

Power of Compounding
Compounding is the process where the returns on your investments generate their returns. The longer you stay invested, the more your money grows. This is why starting early and staying consistent with your SIPs is crucial.

Actively Managed Funds vs. Index Funds
Actively Managed Funds:

Fund managers actively select stocks to beat the market.
Potential for higher returns than index funds.
Regular reviews and adjustments based on market conditions.
Index Funds:

Passively track a specific index like Nifty or Sensex.
Lower expense ratios, but often lower returns compared to actively managed funds.
Lack of flexibility to adjust to market changes.
In your case, actively managed funds might offer better growth potential.

Regular Funds vs. Direct Funds
Regular Funds:

Invest through a Certified Financial Planner (CFP).
CFP provides personalized advice and ongoing support.
Slightly higher expense ratio due to advisory fees.
Direct Funds:

Invest directly with the fund house, bypassing a CFP.
Lower expense ratio but lack of professional guidance.
Suitable for experienced investors with time to manage their portfolios.
Given your busy career, regular funds through a CFP could provide valuable support and expertise.

Fixed Deposits
Fixed deposits are safe and offer guaranteed returns. However, their growth potential is limited compared to mutual funds. Given the current inflation rates, FD returns might not keep pace with the rising cost of living.

Gold Investment
Gold is a good hedge against inflation and market volatility. However, it doesn’t generate regular income. It’s essential to balance your portfolio with growth-oriented investments like mutual funds.

Insurance Plans
ULIP Plan
ULIPs combine investment and insurance. They have higher costs due to insurance charges and fund management fees. You have already completed two years out of five. It might be beneficial to surrender the plan after the lock-in period and reinvest in mutual funds for better returns.

Term Plan
A term plan is essential for risk cover. Ensure the cover amount aligns with your family’s financial needs. A Rs. 2 crore cover until age 85 is a prudent decision, providing long-term security.

LIC Policy
LIC policies offer traditional savings with insurance. However, the returns are generally lower than mutual funds. It might be worth reviewing this policy and considering surrendering it to reinvest in more lucrative options.

Strategic Recommendations
Enhance Your SIPs
You are planning to increase your SIP to Rs. 30,000 per month. This is a smart move. SIPs instill financial discipline and benefit from rupee cost averaging. Here’s how to optimize your SIPs:

Diversify: Invest in a mix of large-cap, mid-cap, small-cap, and sectoral funds.
Review: Regularly review your portfolio with your CFP.
Increase: Gradually increase your SIP amount as your income grows.
Rebalance Your Portfolio
Mutual Funds: Increase your allocation to equity mutual funds for higher growth.
Fixed Deposits: Consider reducing your FD holdings and reallocating to mutual funds.
Gold: Maintain your gold investments but avoid further additions.
Insurance: Focus on pure term insurance for risk cover.
Long-Term Wealth Creation
Retirement Planning
Start planning for retirement early. Aim to build a corpus that supports your lifestyle and healthcare needs. Here’s how:

EPF and PPF: Maximize contributions to these tax-free retirement schemes.
NPS: Consider the National Pension System for additional retirement savings.
Equity Funds: Allocate a significant portion to equity funds for long-term growth.
Children's Education
If you have children, plan for their higher education expenses. SIPs in mutual funds can help build a substantial corpus over time.

Emergency Fund
Maintain an emergency fund covering 6-12 months of expenses. This provides financial stability during unforeseen events. Your fixed deposits can serve this purpose.

Tax Planning
Optimize your investments for tax efficiency. Utilize tax-saving instruments like ELSS, PPF, and NPS. Seek guidance from a tax advisor to minimize tax liability.

Risk Management
Adequate Insurance
Ensure you have adequate health insurance for your family. Consider critical illness and accident covers. Your term insurance plan should provide sufficient risk cover.

Asset Allocation
Maintain a balanced asset allocation based on your risk tolerance and financial goals. Regularly review and rebalance your portfolio to align with changing market conditions.

Regular Review
Regularly review your financial plan with your CFP. Adjust your investments based on your life goals, market conditions, and financial situation.

Avoiding Common Pitfalls
Emotional Decisions: Avoid making investment decisions based on market emotions.
Over-diversification: Don’t invest in too many funds; it dilutes returns.
Ignoring Inflation: Ensure your investments grow faster than inflation.
Final Insights
You have a solid foundation with your current investments. Enhancing your SIPs, optimizing your portfolio, and strategic planning will ensure robust growth and financial security. Keep an eye on market trends, stay disciplined, and regularly review your plan.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |9758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 27, 2025

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Sir Krishnan Mahadevan from blore Want to retire by 51 iam 48yrs old . Financials MF 75lacs Site 45 lacs FD 20lacs House bought at 80lacs current value is 1.2crs were we stay Current monthly expenses is around 60k Home loan of 20lacs left with a emi of 20k permonth . Pls suggest
Ans: You are 48 years old with a goal to retire at 51.

Your current assets include mutual funds worth Rs. 75 lakhs, a site valued at Rs. 45 lakhs, and FDs worth Rs. 20 lakhs.

Your primary residence, bought at Rs. 80 lakhs, is now valued at Rs. 1.2 crore.

You have an outstanding home loan of Rs. 20 lakhs with a monthly EMI of Rs. 20,000.

Your monthly expenses are Rs. 60,000, which may increase post-retirement due to inflation.

Key Goals to Address
Clearing the Home Loan: Eliminate this liability before retirement.

Building a Retirement Corpus: Ensure sufficient funds to cover post-retirement expenses.

Providing for Inflation: Account for rising expenses over the next few decades.

Emergency Preparedness: Maintain a separate emergency fund for unforeseen needs.

Recommendations for Your Retirement Plan
1. Clear the Home Loan Before Retirement
Prioritise paying off your Rs. 20-lakh loan in the next 3 years.

Use part of your fixed deposit (FD) corpus to prepay the loan.

Clearing the EMI frees Rs. 20,000 monthly for your retirement corpus.

2. Optimise Mutual Fund Investments
Your mutual funds (Rs. 75 lakhs) are a strong foundation for retirement.

Avoid direct funds due to limited professional management and higher tracking needs.

Switch to regular funds via a Certified Financial Planner for personalised advice.

Diversify across large-cap, flexi-cap, and hybrid funds for balanced growth.

Invest systematically to maximise compounding and manage risk.

3. Increase Retirement Corpus
Use the surplus from EMI savings to invest in mutual funds.

Set aside Rs. 10 lakhs from FDs into debt mutual funds for stability.

This offers better returns than fixed deposits over time.

4. Emergency Fund Allocation
Maintain an emergency fund equivalent to 12 months’ expenses (Rs. 7–8 lakhs).

Invest this in liquid funds or sweep-in FDs for liquidity.

5. Inflation-Proofing Your Expenses
Your current expenses of Rs. 60,000 per month will rise post-retirement.

Assume expenses will double in 20 years due to inflation.

Your retirement corpus should generate a consistent monthly income.

Ensure investments in equity mutual funds for long-term inflation-adjusted growth.

6. Estate Planning
Create a will to clearly outline the distribution of assets.

Ensure the site and house are included in your estate plan.

Review the legal status of your site to ensure ease of transfer in the future.

7. Avoid New Real Estate Investments
Real estate is illiquid and may not offer steady returns.

Focus on financial instruments like mutual funds for flexibility and growth.

8. Tax-Efficient Planning
Long-term capital gains (LTCG) on mutual funds above Rs. 1.25 lakh are taxed at 12.5%.

Short-term capital gains (STCG) are taxed at 20%.

Use this knowledge to optimise redemptions during retirement.

For debt investments, remember that gains are taxed as per your income tax slab.

9. Post-Retirement Income Planning
Invest your mutual funds to create a Systematic Withdrawal Plan (SWP).

SWPs provide regular income and help manage taxation.

Use a mix of debt and equity funds for balanced withdrawals.

Adjust withdrawals annually for inflation and expenses.

Final Insights
Your financial foundation is strong, with a mix of assets and minimal liabilities.

Clearing your home loan before retirement is critical to reduce financial pressure.

Focus on growing your mutual fund investments for consistent post-retirement income.

Maintain an emergency fund to manage unexpected expenses.

Avoid new real estate investments and instead prioritise professionally managed mutual funds.

Regularly review your portfolio with a Certified Financial Planner to ensure alignment with your goals.

Plan your estate to ensure a smooth transfer of assets to your heirs.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

Ramalingam

Ramalingam Kalirajan  |9758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 30, 2025

Money
Hello Sir, Thank you very much for taking some time to give your insights. I inquired about surrender value and maturity amount. If i decide to Surrender the policy now, I would get between 2 Lakhs to 2.25 Lakhs. On maturity, I would get around 21 Lakhs. This includes bonuses and other extra. I even checked in LIC online tool. Request you to please advise on this. Thank you so much.
Ans: Thank you for sharing the updated surrender value and maturity amount details.

You will get Rs. 2 to 2.25 lakhs if you surrender now.

On maturity, you may get Rs. 21 lakhs after 15 more years.

Now, let’s assess both options from practical, financial, and emotional angle.

Comparing Current Value vs Future Value

If you hold, you will pay Rs. 5.4 lakhs more over 15 years.

The return will be Rs. 21 lakhs. That includes your Rs. 3.6 lakhs already paid and Rs. 5.4 lakhs more.

Net gain is around Rs. 12 lakhs over 15 years.

This gives you less than 5% annual return.

Also, this money is locked for 15 years. No liquidity.

If You Surrender Today

You get Rs. 2 to 2.25 lakhs in hand now.

No more premium to be paid. Rs. 36,000 saved annually.

That frees up cash every month. Rs. 3,000 monthly is useful for other priorities.

If you invest through SIP in mutual funds, you get better returns.

Debt pressure also reduces faster with this Rs. 2 lakh.

Emotion vs Logic

Rs. 21 lakhs after 15 years may sound attractive.

But this is slow growth. And not flexible.

You must not make decisions from emotional attachment.

LIC policies sound secure, but are poor wealth creators.

You can get better cover with term plan and better returns with mutual funds.

Decision Summary

Surrender now gives flexibility, cash flow, and debt support.

Continuing gives low return, poor liquidity, and future burden.

From Certified Financial Planner’s view, surrendering is the right choice now.

Once your debt is under control, start SIPs in regular mutual funds through MFD with CFP support.

You will grow faster and stay more financially stable.

You have taken right steps by evaluating surrender now.

Make the change and move to better financial future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

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I may get cse ai in IET Lucknow and ece in HBTU kanpur... through csaab I may get civil in nit bhopal , jamshedpur and mechanical in bit mesra.... I don't have much inclination towards any particular branch..which option is better
Ans: IET Lucknow’s CSE-AI program achieves close to full placement outcomes with a median package around ?6.15 LPA, backed by AICTE-approved curriculum, experienced faculty, advanced computing facilities, and strong corporate networks with recruiters such as TCS, Adobe, Amazon, Google, and Microsoft. HBTU Kanpur’s ECE department reports approximately 65 percent placement rate with an average package of ?14.9 LPA, supported by modern electronics labs, research-active PhD faculty, and tie-ups with firms like HSBC, IBM, and Bajaj Finserv, contributing to an overall campus placement rate of nearly 85.6 percent. At NIT Bhopal, the Civil Engineering stream records around 62.5 percent placements and an average offer of ?8 LPA, benefiting from robust infrastructure, a high ratio of doctorally qualified faculty, national-level projects, and regular PSU outreach. NIT Jamshedpur’s Civil branch performs strongly with 94.9 percent placement and an average ?8.22 LPA, driven by an expansive campus, ongoing faculty-led research, and top recruiters like L&T, Google, and Amazon. BIT Mesra's Mechanical Engineering program posts approximately 78 percent placements with an average package of ?7 LPA, supported by a rich engineering curriculum, manufacturing labs, and a responsive placement cell, aided by an active alumni ecosystem connecting graduates with both public and private sectors.

Recommendation: NIT Jamshedpur Civil is the most balanced choice with standout placement results and academic strength. IET Lucknow CSE-AI comes next for its specialization relevance and steady placements. HBTU Kanpur ECE ensures strong return potential. NIT Bhopal Civil offers PSU alignment and faculty strength. BIT Mesra Mechanical remains a respected contender in core engineering education. All the BEST for a Prosperous Future!

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Hello Sir, my son is getting BS Chemistry at IIT Kanpur and BE Chemical Engineering at BITS Pilani Campus. Please suggest which one is a better career option.
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For an interdisciplinary research-driven path with broad scientific foundations and top-tier global academia access, IIT Kanpur BS Chemistry is ideal. For direct industry immersion, professional practice-school experience, and robust core engineering roles in chemicals and allied sectors, BITS Pilani BE Chemical Engineering is preferable. All the BEST for a Prosperous Future!

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Nayagam P P  |8988 Answers  |Ask -

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Hello Sir,My Son Score 96 in jee mains and 98.5 in MHT CET ,He want CS or ITor IIIT,, we Have OBC category.. Please suggest College in Mumbai , Pune or Nagpur ...
Ans: Vaishali Madam, My son’s 98.5 percentile in MHT CET as an OBC candidate secures assured seats in CSE, IT, and Data Science at a range of reputable Mumbai, Pune, and Nagpur colleges, excluding the ultra-selective COEP, VJTI, and ICT. Mumbai options include Vidyalankar Institute of Technology (Wadala), Fr. C. Rodrigues Institute of Technology (Vashi), SIES Graduate School of Technology (Nerul), Don Bosco Institute of Technology (Kurla), Shah & Anchor Kutchhi Engineering College (Chembur), K. J. Somaiya Institute of Technology (Sion), and Sardar Patel Institute of Technology (Andheri West) . Pune choices comprise Cummins College of Engineering for Women (Karvenagar), Vishwakarma Institute of Technology (Bibwewadi), D. Y. Patil College of Engineering (Lohegaon), Dr. D. Y. Patil Institute of Technology (Pimpri), Pimpri Chinchwad College of Engineering (Pimpri), MIT World Peace University (MIT WPU, Pune), and Pune Vidyarthi Griha’s College of Engineering & Technology (Pune) . In Nagpur, Yeshwantrao Chavan College of Engineering (YCCE) and Government College of Engineering Nagpur admit OBC candidates at cutoffs below 98.5 percentile for CSE, IT, and Data Science branches . Through CSAB’s JEE Main counselling at roughly 96 percentile (OBC), seats can be tried for IIIT Kalyani (West Bengal), IIIT Ranchi (Jharkhand), IIIT Una (Himachal Pradesh), IIITDM Jabalpur (Madhya Pradesh), and IIIT Kurnool (Andhra Pradesh).

Recommendation: Sardar Patel Institute of Technology (Andheri West) and Vishwakarma Institute of Technology (Bibwewadi) emerge as premier choices for their strong placement ecosystems, modern facilities, and OBC-friendly cutoffs. Next prioritize Fr. C. Rodrigues Institute of Technology (Vashi) and Vidyalankar Institute of Technology (Wadala) for robust curricula and campus life, followed by Yeshwantrao Chavan College of Engineering (Nagpur) for its government-college reputation and data-science focus. This order balances assured admission, academic quality, and long-term career support. All the BEST for a Prosperous Future!

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Nayagam P

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Career Counsellor - Answered on Jul 18, 2025

Asked by Anonymous - Jul 17, 2025Hindi
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I had option of iiith cse and bits pilani cse (main campus) . I have chosen bits now. Is this decision correct?
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Recommendation: Choosing BITS Pilani CSE aligns with strong alumni connections, integrated internship opportunities, and dual-campus global networks that enrich long-term career growth, making your decision well placed. For a tech-centric urban setting with slightly higher placement averages and cutting-edge research, IIIT Hyderabad remains an excellent alternative. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |8988 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

Asked by Anonymous - Jul 17, 2025Hindi
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My daughter has scored 97.9506368 in MH-CET 2025 open(general ) (female)catogery has she had chances of getting CSE,AIML, Data science in Pune and Mumbai for female candidate if possible suggenames of college in Pune or mumbai
Ans: With a 97.95 percentile in MHT-CET 2025 under the Maharashtra domicile Open (General) female category, admission to CSE, AI & ML, and Data Science branches is assured at a range of reputable Mumbai and Pune colleges. These institutions are selected based on recent closing percentiles, NBA/NAAC accreditation, campus infrastructure, faculty credentials, industry linkages, and placement support. All listed colleges admit female Open-General candidates at or below the 97.95 percentile in the latest CAP rounds:

Cummins College of Engineering for Women (Karvenagar, Pune) closes CSE and related branches around 96.37 percentile for Open General female.
Vishwakarma Institute of Technology (Bibwewadi, Pune) closes Data Science at 96.66 percentile for Open General.
D. Y. Patil College of Engineering (Lohegaon, Pune) closes CSE around 95.58 percentile for Open General.
Dr. D. Y. Patil Institute of Technology (Pimpri, Pune) closes CSE at 97.59 percentile for General Home State.
Pimpri Chinchwad College of Engineering (Pimpri, Pune) closes AI & ML around 10,000 rank (~98 percentile).
Bharati Vidyapeeth College of Engineering (Navi Mumbai) closes Computer Engineering at 95.58 percentile for General Home State.
Pune Vidyarthi Griha's College of Engineering & Technology (Pune) closes CSE at 94.52 percentile for Open General female.
Sardar Patel Institute of Technology (Andheri West, Mumbai).
K. J. Somaiya Institute of Technology (Sion, Mumbai).
Vidyalankar Institute of Technology (Wadala, Mumbai).
Fr. C. Rodrigues Institute of Technology (Vashi, Navi Mumbai).
Ramrao Adik Institute of Technology (Nerul, Navi Mumbai).
SIES Graduate School of Technology (Nerul, Navi Mumbai).
Don Bosco Institute of Technology (Kurla West, Mumbai).
Shah & Anchor Kutchhi Engineering College (Chembur, Mumbai).

Recommendation: Favor Cummins College of Engineering for Women and Vishwakarma Institute of Technology in Pune for their specialized women-centric environment, strong closing percentiles, and proven placement ecosystems. Next prioritize D. Y. Patil College of Engineering and Dr. D. Y. Patil Institute of Technology for their robust CSE/AI & ML programs, followed by Pimpri Chinchwad College of Engineering for its balanced curriculum and industry ties. In Mumbai, Sardar Patel Institute of Technology and K. J. Somaiya Institute of Technology emerge as top choices for CSE, given their consistent accreditation, modern infrastructure, and campus recruitment records. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |8988 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

Career
Sir, Two options to choose from CSE for my son: 1. SOA ITER and 2. CEC CGC Landran. Please suggest. ITER overall good option better NIRF some known passed out suggesting ITER, although major difference high fee and distance, residing in Delhi.
Ans: Praveen, SOA ITER (Bhubaneswar) demonstrates exceptional academic standing with its A++ NAAC accreditation and consistent national recognition, ranked 14th among universities in NIRF 2024 and 2nd in India by Times Engineering Institutes Ranking 2025. The institution has maintained 85-91% placement rates for CSE over recent years, with highest packages reaching ?46 LPA and strong recruitment from top companies including Microsoft, Amazon, Google, and Infosys. The CSE program benefits from established faculty with advanced degrees, modern infrastructure, and comprehensive industry partnerships, with over 256 companies participating in recent placement drives.

CGC Landran holds A+ NAAC accreditation and ranks 101-150 in NIRF 2024 Engineering category, with strong placement performance achieving 90-95% placement rates for CSE students. The institution reports over 1,000 companies participating in campus placements with 10,000+ job offers, though the highest package figures vary across sources from ?45-56 LPA. The college provides modern facilities including state-of-the-art labs, computerized library accommodating 300+ students, and contemporary curriculum aligned with industry standards.

Distance and accessibility from Delhi significantly favors CGC Landran, located approximately 245 km from Delhi (3.5-4 hours by road), compared to SOA ITER's 1,275 km distance requiring 20+ hours by road or 3 hours by flight. Fee structures show SOA ITER's BTech CSE at ?11.80 lakhs total versus CGC Landran's ?6.58 lakhs, making CGC Landran more cost-effective despite both institutions requiring similar hostel and living expenses.

Faculty quality at both institutions includes PhD holders from premier institutions, with SOA reporting 111 scientists with 500+ citations and CGC Landran emphasizing industry-experienced faculty with practical teaching methodologies. Both institutions maintain strong alumni networks, though SOA ITER's established reputation since 1996 provides broader industry connections compared to CGC Landran's growing influence since 2001.

Recommendation: For families residing in Delhi prioritizing convenience, cost-effectiveness, and solid placement outcomes, CGC Landran offers compelling advantages with its proximity, lower fees, and strong industry connections achieving 90-95% placement rates. However, if academic prestige, research opportunities, and comprehensive national recognition are paramount considerations, SOA ITER provides superior institutional standing with its consistent top-tier rankings and established academic excellence, despite higher costs and significant travel distance from Delhi. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |8988 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

Asked by Anonymous - Jul 17, 2025Hindi
Career
Sir if I take ee dual degree in nit kurukshetra,in my final year will I be placed with regular btech students or students who have pursued only mtech from the institute
Ans: NIT Kurukshetra's EE dual degree students participate in placement drives alongside both BTech and MTech students from the same academic year. The institution operates under a unified placement system where dual degree students are treated as full-time students enrolled in their respective programs, with their placement eligibility determined by their final year status rather than their degree type. The Training and Placement Cell follows a comprehensive placement process that begins in July/August each year, with students required to register for placement assistance and meet specific eligibility criteria including completion of all program requirements and active academic status.

The placement statistics for NIT Kurukshetra show strong performance across engineering disciplines, with BTech placements achieving 83.31% placement rate and an average package of INR 14.84 LPA in 2025. The Electrical Engineering department specifically recorded 73.91% placement rate with an average package of INR 10.62 LPA. MTech placements demonstrate solid outcomes with 58.81% placement rate and average packages ranging from INR 6.09 to INR 34.76 LPA depending on specialization. The placement process includes pre-placement talks, written tests, group discussions, and personal interviews, with major recruiters including Microsoft, Amazon, Google, and leading core engineering companies.

Recommendation: EE dual degree students at NIT Kurukshetra participate in placement drives with their graduating cohort, competing alongside both BTech and MTech students from the same academic year. This integrated placement approach provides access to opportunities across both undergraduate and postgraduate recruitment profiles, potentially offering broader career prospects than students pursuing only BTech or only MTech programs, though placement success ultimately depends on individual performance and market conditions. All the BEST for a Prosperous Future!

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