In this expensive world, it’s tough for common people to live without the loans. When we talk about loans, then basically we think about banks. But now the concept of bank loans is changing and there are other options also available in market for borrowing loans and in that Peer to Peer is one. Peer to Peer lending provides various flexibilities to the borrower and lender both. You can easily borrow loans from friends, relatives or any other borrowers with just few documents.
Under the direct mutual fund plans, you go to the mutual fund house directly for investment. Since there is no distributor involved, no commission is to be paid. Thus, the expense ratio is less for direct plans as compared to regular plans.
State-run owner BSNL on Saturday released a pre-paid cards connected cellular pockets support which would allow its clients to exchange money, pay for solutions as well as take out money of up to Rs. 1 lakh. The pockets support, Rate Pay, allows a client to fill money even if he does not have a banking consideration. The money packed in the cellular pockets can be moved to a banking consideration and even removed at financial institution divisions or at BSNL sites.
HDFC recently introduced their new all-in-one app PayZapp for making payments and money transfer mobile app. This is a unique invention of app launched by the leading bank of India to help the customers to make any type of payment just in one click. This app allows n number of transactions ranging from mobile recharge to ticket purchases for holidays and travel, shopping and other type of purchasing etc.
After much waiting and anticipation, finance ministry has recently released a discussion paper, which is mainly proposed on the available gold monetization scheme. Moreover, finance minister has even promised to get acquainted with the available budget speech. Estimating the gold holding among so of the Indian households is now getting at none other than 20,000 tons, and the finance minister is likely to introduce a perfect gold monetization scheme.
Of late, the recent forecast of low rainfall during the monsoon is a concern for many. The onus of this goes to El Nino acronym of El Nino Southern Oscillation that a country experiences in a cycle of three to seven years. It occurs when there is an interaction between the warm water of Pacific Ocean and atmosphere.
State Bank of India or SBI has finally launched the much waited contactless debit and credit cards, which are termed as SBlinTouch cards. This is manufactured after taking help of latest NFC or Near Field Technology. These credit and debit cards are termed as way more secure and hassle free in nature, and can be used at any merchant outlets or near ATMs
Finally, after much anticipating, Reserve Bank of India, or RBI came up with the final mode of paying issues, with a completely new set of guidelines. This is likely to end all ambiguity, which surrounds the field of contact less payment solutions. As reported earlier, there is not going to be an additional verification factor, which can land up to any amount till 2000 bucks.
Government-owned train ticketing system IRCTC, which is the one of the most used on the internet business website in the nation clocking on a normal over 500, 000 passes a day, has included Paytm’s pockets as an on the internet transaction choice. Next time you try to guide passes through IRCTC website; it will be that much easier for you as you will be able to create expenses through Paytm pockets.
India’s second biggest telecommunications company i.e. Vodafone Indian declared their new invoice transaction Smart cell phone pockets app – M-Pesa. The program has been released across all the significant Smart cell phone systems such as Android operating system, iOS, Blackberry mobile phones OS and Ms windows Phone as well. The app is mainly focused at the on the internet invoice transaction and cellular renew performance.
Very Recently biggest private industry loan provider ICICI Financial institution together with Tech Mahindra released a transaction support ‘Tap-n-Pay’ based on the near-field communications (NFC) technology, allowing clients make over-the-counter expenses without using money. It can be used for vendor expenses by merely hitting a NFC-enabled cell phone or a tag on the reverse.
There is great information to tax payers. CBDT recently declared that tax payers who authorized their earnings tax profits on the internet will no more have to deliver the document recognition by publish to CPC Bangalore, if they have aadhar cards which can be used for confirmation objective.