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Month: June 2018

Top 5 Street Shopping Places in India

Top 5 Street Shopping Places in India

1. Sarojini Market, Delhi: Sarojini market being the India’s biggest flea market in the India, sells the surplus exports good at very cheap prices. The name being used in famous bollywood songs gave it more popularity and people visit Sarojini all across India. The market gives you the opportunity to try your improvised bargaining skills. 2. Bapu Bazaar, Jaipur: Jaipur being the capital city of the most vibrant and versatile cultural state Rajasthan, gives the floor to exchange one of…

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5 best treks of India

5 best treks of India

1. Chadar Lake Trek: This trek is names as a Chadar Trek, which means Blanket. The names completely justify the place as the Trek is on the frozen river Zanskar. Spring water keeps this icy blanket from totally covering the stream, which in a few spots, holds its rapids. It is more amazing in temperature of – 25 to – 30 degrees. The trek passes by rearranging along the Chadar that breaks and changes colors on the stream at regular…

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TOP 10 RESTAURANTS YOU MUST VISIT IN HYDERABAD

TOP 10 RESTAURANTS YOU MUST VISIT IN HYDERABAD

  1. Ohris Gufaa, Basheer Bagh: A themed restaurant rocky wall are designed to resemble the inside of cave. Sculptures of wild animals could be seen hung on the wall. Must go for an unconditional and primitive dining experience. Specially known for the NORTH INDIAN cuisines. Price – 900 for two people 2. Chutneys: A traditional south indian food including a signature selection of 6 different style of chutneys are served which are basically a blend of spices, vegetable &…

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The future of Banking and Robotics

The future of Banking and Robotics

Net banking has carved a cozy space for the urban user. The fact that you can access your account through your smartphone and make seamless transactions in split seconds has thrown open newer boulevards in banking technology. Soon many tasks in banking are going to be replaced by sophisticated automated teller machines and this robotic automation will take away many jobs The next game changer to make a stint on the global banking platform is programmable robot, fated to score…

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5 tips to choose an ELSS item

5 tips to choose an ELSS item

When it comes to investment and tax saving, Equity Linked Saving Schemes (ELSS) are a popular choice for many. It not only helps you avail the benefits of tax deductions under Section 80C but also ensures good returns by investing a significant part of your money in stocks. As ELSS comes with a 3-year lock-in and you can invest up to Rs 1.5 lakhs per year to enjoy a tax deduction. There are plenty of options available when it comes…

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Everything you need to know about Sweep Account

Everything you need to know about Sweep Account

Sweep account provides the benefits of both Savings bank account and Fixed Deposits(FD). When the amount in savings bank account reaches a certain threshold, funds are transferred between these accounts. If the balance in savings account falls below the minimum balance, amount from the FD gets transferred to the savings bank account in predetermined units. And If the balance in savings bank account exceeds the threshold limit, the excess amount is transferred to the FD. Customer has the flexibility to…

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Credit Card Evolution in India

Credit Card Evolution in India

In India, ATM was first introduced in 1987 by HSBC Bank. During Early days there was so much excitement among peoples that they won’t have to go to banks, stand in queues, and fill the form to withdraw cash. The ATM and Debit Cards use has been growing in India since that invention. Today, almost all of the bank account holders have an ATM or Debit Card. People can’t imagine going to the bank to withdraw money anymore. While the…

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GST Impact on Credit Cards

GST Impact on Credit Cards

  The largest tax reform GST (Goods and Service Tax) came in to effect from July 2017. It imposes a single tax regime by combining several taxes at state and central. There was a common misconception for the credit card users that with the introduction of GST, credit users will be levied double taxation. This however turns out to be a myth which has been clarified by the Central Bank. GST for financial services has been put under 18% bracket,…

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Tips to Prevent Online Payment Frauds

Tips to Prevent Online Payment Frauds

  The digital payments market has undergone significant change since Demonetisation. Recent policy initiatives empowered people with debit cards, and include those who were not a part of the banking system earlier. With the growth driven by these initiatives also came a new set of customers who had not used digital payments before. And these new customers are vulnerable to the risk of payment frauds. Every transaction requires two things, Payment Modes and its credentials. Payment modes could be Credit/Debit…

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All you need to know about eKYC

All you need to know about eKYC

KYC which stands for ‘Know your customer’ is a common term one hears when opening an account with banks, getting a new mobile SIM, registering your LPG, etc. KYC is a regulatory policy which is developed to curb identity thefts and frauds. When submitting a KYC form at the institutes, details of the customer along with photocopies of government issued identity proofs are stored in a secured database. eKYC is an electronic version of the KYC which is administered and…

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