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Giving Cash and Deposit money into Bank Accounts and Tax on Gifts
It is not advisable to deal in cash and borrow or lend by cheque or bank draft even if it…
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Go Cashless:Digital Wallets, NEFT,IMPS,UPI, Debit Cards,Credit Cards
On November 8, 2016 India witnessed one of the most significant revolutions,Demonetization. PM Narendra Modi debarred the legal acceptance of…
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How to Exchange Rs 500 and Rs 1000 Notes ?
Rs 500 rupees and 1000 rupees were banned from Midnight of 8 Nov 2016. You can deposit your existing rs 500 and…
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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…
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Demonetization: Ban on 500 and 1000 rupee notes,PM speech
To break the grip of corruption and black money, we have decided that the 500 rupee and 1000 currency notes presently…
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Data Breach : Data stolen from Debit cards
Card data of 3.2 million customers was stolen between 25 May and 10 July from a network of Yes Bank…
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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…
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IMPS or Immediate Payment Service : Send Money Instantly
Let’s say you want to urgently transfer money to your friend on a Sunday or a public holiday? You can’t use NEFT/RTGS…
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What is Home Saver Loan?
Most of us these days buy a house by taking home loan. Now if you have some monthly savings or you…
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What is Unified Payment Interface or UPI?How to use it?
The Unified Payment Interface or UPI is a system to allow account holders across banks to send and receive money from their…
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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.…

