5 Best Rakhi Gift Ideas to Make Your Brother-Sister Bond Stronger

Receiving a gift brings an instant smile on our face. The person who sends it echoes the same reaction. It is Raksha Bandhan 2020, and many of us are stepping out of our homes to pick the perfect Rakhis, and buying sweets and gifts for our siblings. As the tradition of tying Rakhis and exchanging gifts continues, it is also the time to make a few changes that will ensure good health and overall well-being for our near and dear ones. For instance, Health Insurance is a perfect gift option for your sister or brother as it will provide them financial security during unexpected medical emergencies. It gives the insured person adequate coverage, so there is a minimum burden on savings. 

While there are myriad of personalised gift options, it is essential to select the one that promises long-term benefits and happiness for your loved ones. So, here are the best Rakhi Gift Ideas for Brother and sister that you can choose this festive season. 

Gift Cards

Gift vouchers are the best choice for this festive occasion. Many leading banks also offer gift cards. These cards are pre-loaded with a certain amount and can be used for buying products or services. They have validity up to a specified date and are secure as there is a unique PIN. Gift cards are an excellent choice to express that you care for your loved ones and gives them the financial freedom to buy things they need.

Health Insurance

Health is wealth in today’s times. Gifting Health Insurance will ensure that your sibling has access to quality and affordable medical care. Particularly, in times when there is a serious health risk before us due to the outbreak of coronavirus pandemic, medical insurance is the ultimate safety cover that will protect a family. It would give your sibling the financial security to lead a worry-free life despite the uncertainties.

Health check-ups

Health check-ups have become a necessary part of our lives because they help us in understanding our present health condition and knowing the presence of any ailment. They include screening tests and examinations which are vital for any age group. You can look for the best packages for health check-ups and gift one for your siblings, thus helping them lead the path to wellness with ease. 

Shares or Mutual Fund

You can think about gifting shares as a financial gift to your loved ones. You can transfer shares into the Demat Account of the recipient. For this, you must be aware of the right procedure. 

Mutual funds are an investment option preferred by many individuals. You can choose a Systematic Investment Plan for your sister as a gift on Raksha Bandhan.

Savings Account

Opening a savings account in a bank is a safe option and one of the suitable rakhi gift ideas for sister. It will fulfil their banking needs and help in building savings for a secure future. Many leading banks offer exclusive savings account for women. They offer unique features, including specific discounts, offers, and cashback on the transactions. There is a minimum opening deposit which you can pay on behalf of your sister.  

Send your wishes and blessings to your siblings this Raksha Bandhan, and buy a Health Insurance policy to protect their health. Visit Care Health Insurance (Formerly Religare Health Insurance) website to know about the various policies and their features.

Disclaimer: Plan features, benefits, coverage, and underwriting of claims are subject to policy terms and conditions. Please refer to the brochure, sales prospectus, and policy documents carefully.