Are you a traditional investor? Do you want more than 8% returns on your investments? You have a better option. Most people invest in Bank Fixed Deposits, central government post office schemes, and even take on the risks of investing in Stock Markets and Mutual Funds. Another risk-free investment scheme backed by the Reserve Bank … Read more
Do you transact by Cheque? If so, you should be aware of the Positive Pay System recently introduced by the RBI to prevent Cheque fraud and forgery. Many people believe that transactions through Cheques are secure, but recently, there has been an increase in forgeries and fake Cheques. To combat these frauds, the Reserve Bank … Read more
Staying on top of your finances has always been challenging. Karnataka Bank offers several ways to check your account balance, ensuring you can access your funds anytime, anywhere. The Karnataka Bank Balance Enquiry Number 2024 is one of the most convenient options. You can instantly find out your balance by dialing 18004251445. Karnataka Bank, headquartered … Read more
Self-employed professionals need to know that professional loans are readily available for doctors, chartered accountants (CAs), and lawyers with increased professional responsibilities. Similar to personal loans, these loans are offered by banks to cover expenses for basic facilities and infrastructure for office maintenance. Self-employed individuals must submit audited financial income tax returns for the last … Read more
Before obtaining large loans from the bank or co-signing for someone else, you should realize the seriousness of the situation. When you co-sign a loan, you are legally responsible for repaying it. Under Section 126 of the Indian Contract Act 1872, the co-signer is equally liable for the loan. If the primary borrower encounters difficulties … Read more
Why is it important for women to have a bank account? A recent report revealed that 35% of women’s bank accounts in the country are inactive, indicating a widespread lack of financial independence among women. Many women lose their jobs for various reasons, including leaving the workforce to raise children. This often leads them to … Read more
Owning a home is a common desire. However, the expenses involved in purchasing a home, such as registration costs, stamp duty, and property tax, can be pretty high. Financial experts suggest buying the house in the wife’s name to reduce these costs. The Indian government is committed to promoting women’s participation in various fields and … Read more
The way people take out loans has evolved. Loans are now available for various purposes, making it easier to access funding. Previously, individuals had to visit multiple banks to secure a home loan. However, banks have recognized the demand for home loans and streamlined the process. With the growing number of people seeking car loans, … Read more
Many banks and financial institutions offer Fastag services. The State Bank of India (SBI) recently introduced a new design for its FASTag. FASTags are an intelligent solution introduced by the government to expedite toll fee payments and reduce delays at toll plazas. Numerous banks and financial institutions offer Fastag services as part of this initiative. … Read more
Today’s students prefer higher education to gain career-specific skills and better job opportunities. Higher education has become crucial for students as educational institutions incorporate new technologies and experiential learning methods. However, the escalating tuition fees have become a burden for many, especially those from poor and middle-class backgrounds. Many banks offer educational loans to help … Read more