My Bank is NOT Accepting Mistake – What should I do…
Have your bank made an error? Have you suffered a loss because of it? Do you want the error to be corrected? Is your bank not accepting its mistake? If the answers to all these questions are affirmative, then you have landed at a right place. Even though you have not experienced any mistake by...
Claiming Assets after Death – Important Documents Required
Life never stops for anybody. There are definitely going to be changes in your life after the demise of your loved one. Though temporary, but a phase will come when day after day you will have to run office to office to claim the assets left by your deceased relative. The process of inheriting your...
Planning to buy Tata Nano: How Should Bank Loans Look?
Tata NANO, Tata’s one of the most talked about car is one of the precious jewels in Tata’s Crown. Commonly known as ‘People’s car’, this is the world’s cheapest car with all the real features and entities. Practically impossible to believe, but NANO is priced less than half the price of a normal car. Although...
Different Types of NRI Bank Accounts in India
Many Indians might have left the country many years ago; still they don’t want to be aloof. They want to maintain monetary ties with their motherland and keep their financial obligations towards their loved ones intact. The Indian banks provide various types of NRI account which can be opened and operated from their place of...
Prepayment or Loans: To Do or Not to Do?
We often end up taking loans for many a reason, like educational loan, auto loan, home loan, gold loan, personal loan, etc. and then sometimes suffer when it comes to repaying. There may be certain times when we have enough amount and we plan for a prepayment of loan. Yes, prepayment, as by the word,...
Why My Bank Deducts TDS and How to Avoid the same
The banks are under the statutory obligation to deduct tax at source from depositors account if the total interest paid/ payable in all term deposits held by a person (i.e. held under the name of same identity) exceeds the amount specified under the Income Tax Act. After the end of the financial year, each bank...
Here comes Provident fund portability with Universal Account Number (UAN)
On October 16, 2014, EPFO launched a Universal Account Number (UAN) driven Member Portal which will provide a number of features to all the employees covered under EPF. It will enable provident fund portability for all your EPF accounts of an employee. What is UAN? UAN or Universal Account Number is a unique number generated by...
Loan against Securities – A Viable Substitute for Expensive Personal Loans
Taking a loan is a very tedious job. To look for the loan that perfectly suits your needs is another big worry when you look for it. Taking suggestions from your friends and relatives for the perfect loan is the idea that most of you follow but finally end up with a taking loan from...
Wealth Creation in Long Run Through Equity
Wealth creation is the desire of millions and there are investors who have created richness for themselves through investment. There are different types of investment avenues available in the market. Many of these investments offer fixed income but in the long run, they result in capital depletion because of the presence of inflation that leads...
How to check EPF Universal Account Number (UAN) status Online
With the launch of Provident fund portability, it is important to have your UAN Number. The UAN number will not only link your EPF accounts with various past employers but also eliminates dependency on the Employer for the withdrawals. The UAN number will provided to you by your current employer however you can always check whether it...
