New Delhi, Nov. 5 -- Diwali cleaning is about decluttering homes, organising belongings, and getting rid of things you no longer need. The exercise should extend to your finances too.

Over time, people accumulate multiple bank accounts, mutual fund schemes, and insurance policies. Reviewing these can help reduce unnecessary costs, identify forgotten money, and keep investments organised.

Here are 10 financial checks to make this Diwali.

Check whether your bank accounts, fixed deposits, mutual funds, demat accounts, insurance policies, EPF and NPS accounts have updated nominees.

Review details after major life events, including marriage, childbirth or the death of a nominee. Ensure your family knows where important financial records ar...