New Rs 500 and Rs 2000 notes : Features,Comparison
The images of new Rs 2000 and Rs 500 were released by RBI on their twitter account @RBI. This article covers New Rs 500 and Rs 2000 notes. What are the salient features of Rs 500 and Rs 2000 notes?Compares old and new 500 Rs note. It talks about technology for...What is Demand Draft? How to make , Cancel a Demand Draft
Cheques and demand draft are increasingly losing their place as instruments that are used for payments as, most individuals are today making payments through the RTGS, NEFT,IMPS mechanism. But still today many applications for jobs, examinations, admissions, services,...What it MCLR? Should one switch Loan from Base Rate to MCLR Rate?
All new loans sanctioned on or after April 1, 2016 will be linked to MCLR or marginal cost-based lending rate. MCLR is the new benchmark lending rate at which banks will now lend to new borrowers. Till 31 March 2016, banks used the base rate as the benchmark rate to...NACH: What is NACH? NACH OTM,How NACH will replace ECS
From 1st May, 2016 NACH will replace ECS. You have to use NACH facility to give auto instruction of debit from your bank account. ECS (electronic clearing service) mandates used for doing Systematic Investment Plan (SIP) in Mutual Funds is being replaced by National...How To Build And Maintain A High CIBIL Score
A large portion of consumers is still waking up to CIBIL score and its impact on their creditworthiness in the eyes of financial institutions. RBI (Reserve Bank of India) has mandated that all banks are required to check the individuals CIBIL score before a decision...Subscribe to All Our Posts
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