Withdraw Cash from any ATM Free of charge
Thinking of changing your Bank because the ATM of that Bank is not near to your Office or Home ! Forget it , No more would you be bothered about where is the ATM of your Bank located. Come April 1st,2009 and you can withdraw money and do Balance Enquiry from any ATM irrespective of [...]
No Banking Cash Transaction Tax effective April 1, 2009
Effective 01Jun05, a banking cash transaction tax will be charged @ 0.1% on every transaction on any single day being withdrawal of cash from an account (other than savings account) or being receipt of cash on any single day on encashment of one or more term deposits.
Tax was levies at 0.1% on cash withdrawal of [...]
NHB offers up to 9.25% interest rate on FD schemes
National Housing Bank (NHB) an apex housing financial institution has launched three fixed deposit schemes, with a tax-saving scheme. NHB is offering interest rate of up to 9.25 per cent.
In a statement released by NHB it stated, “The funds mobilized would be used by the NHB for its business activities”.
Under Sunidhi term-deposit scheme, one of [...]
ForClosure of ICICI Bank Personal Loan
This blog just posts information for ForClosure the personal loans availed. This is common practice to close the loan before the period is over. For example if you got 2 lakhs as Personal Loan in the ICICI Bank, then EMI for the two years tenure would be Rs.9556. Assume the rate of interest is 14% [...]
List of banks in India
In this post I am presenting list of popular nationalised and private banks in India. It is not the complete list but it will be more helpful if you want to find most popular banks in india. Wikipedia has detailed explanation on Banking in india. The following are the list of nationalised banks in India:
Allahabad [...]
Fixed Deposits(FD) Interest Rates
Introduction
In this article I am looking into the term fixed deposit. As many people aware of the term and they already investing on the fixed deposit, this blog might be useful for those who are not familiar with the term or just getting into the financial planning for the future savings and investment. I hope [...]
