Airtel Payment Bank – India’s First Ever Payment Bank launched today across 29 states in India. Finance Minister Arun Jaitley, formally launched the bank. As an introductory offer Airtel Payment Bank Customers will get a Interest Rate of 7.25%, the highest in India.
Today, PM Narendra Modi has launched an Aadhaar based mobile payment application called BHIM ( Bharat Interface for Money) – a rebranded version of Unified Payments Interface (UPI) app at the Digi Dhan Mela camp in Delhi. BHIM app is developed by National Payments Corporation of India (NPCI) and is available for Android smartphones via Google Play Store
Your business is your biggest priority and a sole source of your income. Everything related to it, whether the factory, warehouse or office is dearest to you. You can give up anything to protect your business premises from any damage. You must have employed the best security to protect your factory, warehouse and office from any outside threat. But, some things are beyond one’s control.
Everybody wants to become rich without taking a risk or incurring a loss. This is the human nature, and this is also the reason behind the popularity of systematic investment plans or SIPs which allow investing a specific amount at regular intervals of time in a systematic manner.
If you are a new salaried professional, the world is your oyster. You feel empowered, free and driven with an innate desire to self-indulge and lead a life you had always aspired. However, amidst all that excitement, the instinct to save and invest takes a back seat. Learning to manage personal finances while you are still young can reap immense benefits in the later phase of life.
Health Insurance premiums are determined by a variety of factors. Statistical and mathematical calculations play a major role in figuring out which policy you are eligible for and how much you have to pay for it. In today’s world, with the rapid and steady rise in medical expenses, it is essential to get a good health insurance policy. However, when applying for insurance, most of us get lost in a world of jargon.
Buying term insurance and buying the right term insurance are two different things. Many people buy term insurance without considering all its vital aspects. Are you also guilty of the same? Given how important a term insurance is, it is essential that you exercise caution and wisdom while buying an insurance plan. How? By avoiding falling into the following three traps:
Both Unit Linked Insurance Plan (ULIP) and Mutual Fund (MF) have found a lot of favour amongst the investors. With their varied features, both of them present investment opportunities, based on an investor’s financial goals and risk-appetite.
In this article, we’ll take a look at the various facets of home insurance; what it can cover, how much you need, and some common mistakes people tend to make while insuring their homes. All these help to answer the question of just how much insurance is necessary.
Kisan Vikas Patra is a savings scheme was launched in April, 1988 and money used to get doubled in 5.5 years. However, the scheme was discontinued in November 2011. Now Government is again planning to relaunch to encourage small savings in the country that doubles the small investors money in 100 months (8Years and 4 Months).Finance Minister Arun Jaitely will be relaunching KVP Scheme tommorow.
Rita Ghosh was short of INR 50,000/- to complete her purchases for her wedding trousseau. Yet, she had exhausted her existing financial resources and reached well over her credit limit to fulfil her wishes. That’s when someone suggested a personal loan to make her a happy bride. Upon considering various loan options, she decided to go with her bank where she receives her monthly salary.
National Securities Depository Limited or NSDL e-Governance Infrastructure and HDFC Securities have joined hands with Warmond Trustees and Executors to introduce the e-Will services. This was launched last month to support various customers to prepare their Will without going to a lawyer.