If I do not have internet facility on my mobile phone – How to check my Bank Account balance? How to do Fund Transfer using my Mobile handset? I can give missed call to my Bank’s Toll-Free number to check my Bank balance or receive last few transactions details, but it would be more convenient if […]
Archives for September 2016
New EPF Form 11 – Employee Declaration form & Replacement for EPF Form No. 13 (PF Transfer)
EPF Form 11 is a declaration form which has to be submitted by an employee when taking up new employment in an organization which offers EPF Scheme (Employees Provident Fund). This form contains basic information regarding the employee like – name, date of birth, contact details, previous employment details, KYC (Aadhar, Bank account, PAN etc) […]
Have you been allotted two UAN numbers? How to get multiple EPF UANs merged?
UAN (Universal Account Number) is a unique identification number allotted by EPFO to its members. An employee’s EPF account numbers (member IDs) are linked to 12 digits UAN ID. The idea is to link multiple Member Identification Numbers (EPF Accounts) allotted to a single PF member under single Universal Account Number. Should an Employee have two UAN numbers? […]
RBI’s statistical Data on the Indian Economy (2016) – How do we (Indians) save and invest money?
Just a few days back, the RBI has released the eighteenth volume of its annual statistical publication, ‘Handbook of Statistics on the Indian Economy – 2016.’ Through this publication, the Reserve Bank has been providing time series data on various economic and financial indicators for the Indian economy. You can find lot of useful data […]
Mutual Fund Investments are subject to Market Risks! – My opinion
What is a Risk? – Risk implies uncertainty. It is the potential of gaining or losing something of value. In financial language, it is the chance an investment’s actual return can differ from the expected rate of return. When we talk about an investment option, we have to analyze both Risk and Return. This applies to […]
How to update your contact details in your LIC policy?
Keeping your contact details up-to-date in your insurance policy is very important. If your insurance policy has your contact details (mobile number / email-ID) then you can receive alerts (or) information pertaining to your Policy like ; premium due dates, money-back details, maturity payments and any important notification that your insurer would like to send to […]