In recent years, Indian banking system have been undergoing tremendous transformation and implementing many innovative ideas to offer best in class products / services to its customers.Most of the banks and financial institutions are now offering ICT (Information Continue Reading.....
When to submit Form 15G / Form 15H? | Details & Clarifications
We receive income through different ways, it can be your Salary, Dividend income from mutual funds or stocks, commission, rent, interest on your Bank Fixed Deposits / Securities etc.,The providers of these incomes (like your company / bank) can deduct a certain Continue Reading.....
How to link Aadhaar Number with PAN in three simple steps?
With effective from 1st July, 2017 it is mandatory to link Aadhaar number with PAN. As per the Finance Bill 2017, all PAN applications will require the Aadhar card number to be mentioned and all PAN card-holders must ensure that their PAN cards are linked to Aadhaar Continue Reading.....
What is Loan Refinance? What are the benefits of Refinancing?
Troubled with your monthly installments? Loan Refinance can be the best and easiest solution to cut down your Loan cost..Is major chunk of your salary gone in paying monthly installments, paying credit card bills, and other bills that fall in your kitty? There is a Continue Reading.....
Rs 2 Lakh Cash Transaction Limit w.e.f 01-Apr-2017 | Details & Examples
In Budget 2017-18, a ban on cash transaction of more than Rs 3 lakh has been proposed. The same has been mentioned in the Finance Bill 2017. But, the Govt of India has made amendment in Finance bill and has reduced the Cash transaction limit to Rs 2 Lakh.This Continue Reading.....
Errors on your Credit Report can be devastating ! A case study
Nikhil Gupta was all set to buy his first car. He knew that banks check the CIBIL score and report of an individual before sanctioning an auto loan. But these criteria never seemed to bother him. After all, he possessed only a single credit card and always paid the Continue Reading.....
What is new cKYC? How to get Central KYC done?
KYC - I am sure that you would have heard about it before. KYC stands for Know your Customer. It is a process under which a financial institution or an intermediary collects certain data and documents to establish identity of a client.You would have noticed that Continue Reading.....
Symptoms that confirm you are getting addicted to Credit !!
The advent of plastic and easy availability of credit has transformed the way we live today. The convenience of being able to buy instantly and paying later has brought about a spurt in consumerism like never before, and India has branded as a consumer led economy over Continue Reading.....
How to get your Free Credit Score & Annual Credit Report online? | CIBIL, Equifax or Experian Credit Report
On 1st September 2016, the Reserve Bank of India (RBI) has issued a notification directing all Credit Info Companies to provide one Free Full Credit Report (FFCR) to individuals whose credit history is available with them.So, if you have been repaying your home loan Continue Reading.....
BHIM App | Aadhar based Mobile Payment App | Features, Details & Benefits
Prime Minister Shri Narendra Modi today (30th December, 2016) has launched an Aadhaar based mobile payment application called BHIM (Bharat Interface for Money) - a modified version of UPI (Unified Payment Interface) and USSD (Unstructured Supplementary Service Data), at Continue Reading.....
