Banking System In India

Banking System In India

In India the banks and banking have been divided in different groups. Each group has their own benefits and limitations in their operations. They have their own dedicated target market. Some are concentrated their work in rural sector while others in both rural as well as urban. Most of them are only catering in cities and major towns.

Changing Bank Account for LPG Subsidy - Online Method

Online preocedure of Aadhaar linking for changing DBTL LPG Subsidy from One bank to another

Our relationship with Banks may spoil over the period in different reasons and may have a thought to transfer some of the services or complete closing and opening a new relationship with another bank. If you have a second thought to change your LPG's DBTL (PAHAL) facility from one bank with another bank, you can shift PAHAL to the new bank using online procedure. A simple online facility provided by banks along with National Payment Corporation of India (NPCI).

Online Application Procedure for Ration Card in Kerala State - BPL, APL, and Other Ration Cards

The Procedure To Apply Online For a Ration Card In Kerala

The Civil Supplies Department of the Kerala Government has launched an online system for submission of application forms for new Ration Cards. An applicant has to use the ‘Citizen Login’ on the Civil Supplies website to access the service. After filling in all the details online in Malayalam, a print out of the form has to be submitted along with the relevant documents at the Taluk Supply Office for verification.

Indian Passport Fee Structure - Fresh (New) and Renewal (Re-issue)

Indian Passport Fee Structure - Renewal (Re-issue)
Passport becomes one of the most essential document for citizens who travels outside the country. It has to be obtained from Passport authority by applying and personally visited concerned office for identity verification and photo capturing session prior travelling. There are two schemes available for applying Indian Ordinary Passport, Normal scheme and Tatkaal scheme. The difference between normal scheme and tatkaal scheme are delivery period and fees start from Rs. 1,000.00 to Rs. 5,500.00.

Advantages And Disadvantages Of Computer Aided Design (CAD) Over Manual Drafting

Sample CAD drafting work

The advantages of CAD include: the ability to producing very accurate designs; drawings can be created in 2D or 3D and rotated; other computer programmes can be linked to the design software. With manual drafting, you must determine the scale of a view before you start drawing. This scale compares the size of the actual object to the size of the model drawn on paper. With CAD, you first decide what units of measurement you will use, and then draw your model at 1:1 scale.

Computers and Our Life: How Have Computers Changed Our Life?

Computers and Our Life: How Have Computers Changed Our Life?
Computers and its uses grew rapidly and widely through out the world. They are used to deal with many tasks due to their various potential. It helps to resolve problems human life encounters in daily life. Therefore, they have more influence on our life. The impact of computer usage on our life obviously identified as Savings of Money, Time and Effort. To understand the depth of computer intervention in human life, have a look at developments happened in the areas of Communication, Education, Utility facilities and Health care.

Download Salary Certificate Formats - Word, Excel and PDF

Representative image for Salary Certificate format

Salary certificate is an essential document for working employees to be used for availing financial assistance from Banks. When employee approaches a bank for car loan or housing loan, bank first inquire about repayment capacity of borrower. The best source bank rely on Salary certificate, issued by head of the department the employee works.

List of Kerala Scheduled Castes (SC) and Scheduled Tribes (ST)

List of Kerala Scheduled Castes (SC) and Scheduled Tribes (ST)

Whether applying for a job through Kerala PSC or admission to higher studies like Plus One / Graduation or PG etc., some seats are reserved for selection relaxation. Following list showing Scheduled Castes (SC) and Scheduled Tribes (ST) in Kerala must be referred one needed to fill-up the castes of the candidate for eligibility.

Meaning Of Banking

Meaning Of Banking

Banks as institutions which channel people's savings into productive loans and investments. Thus banking mainly refers to deposits and loans. A broader definition of banking is any financial institution that receives, collects, transfers, pays, exchanges, lends, invests, or safeguards money for its customers. Investment banks, financing companies, and money lenders are just some of the institutions that have engaged in banking.

How To Change Bank Account For Receiving LPG Subsidy Amount Linking Aadhaar?

How To Change Bank Account For Receiving LPG Subsidy Amount Linking Aadhaar?
While DBTL getting momentum, people face different issues to their latest additions - LPG subsidy amount to Bank account. Have you ever thought of changing your bank account for receiving LPG subsidy? Do you have any issues with the bank you receive your subsidy? Among many issues, majority of the issue goes to "How to change my bank account for receiving the subsidy? It is quiet natural, one reason or the other, people want to to change their existing bank to another one. Here is the solution for how to change my bank account number for receiving the subsidy amount.

Format of Salary Certificate and Sample Salary Certificate For Bank Loans

Image of Salary certificate template for bank loans

In most of the cases salary certificate issues without a format. Salary Certificate letter contains some necessary information related to an employee's salary break-up including the tenure. Generally, Salary certificate uses for submitting to financial institutions sanctioning loan request made by salaried employee. It will give a basic assessment of an employee's repayment capacity prior sanctioning loan amount.

SBI Pradhan Mantri Mudra Yojana (PMMY) Scheme for Collateral Free Bank Loan

SBI Pradhan Mantri Mudra Yojana (PMMY) Scheme for Collateral Free Bank Loan
Good time for small entrepreneurs! Hassle free loan under Pradhan Mantri Mudra Yojana (PMMY) Scheme which is initiated by the Ministry of Finance, Govt. of India to "Fund the Unfunded". PMMY allows loans through Public Sector banks, Regional banks, Rural banks, State and Urban cooperative banks to manufacturing, trading and services sector that comes upto Rs.10 lakhs fund needs. All of above PMMY is a Collateral Free loan Scheme.

Income and Income Certificate

Sample Income Certificate

Are you expecting fee concession or scholarship for your children's education? Or wish to take a loan from Govt agencies? Or want to apply for a pension scheme? In all these and many more occasions, you may be asked submitting income certificate that issued by an authorized Govt official. Let's check what are the aspects lying on this important document; start from its definition what is Income Certificate, purpose, how to get it, who will issue, validity, application forms etc..

Corporate Identification Number or Company CIN No. in India

Corporate Identification Number or Company CIN No. in India

Company CIN, sometimes referred to as Company CIN Number or Company CIN No. is a unique identification number assigned by Registrar of Companies (ROC) functioning in various states under Ministry of Corporate Affairs (MCA), Govt. of India. After formation of the company, concerned ROC issues a certificate containing its unique Corporate Identification Number (CIN No. or CIN) along with its approved name. Every company must quote this unique Company CIN number whenever a correspondence or data forms submitted to MCA, particularly in audits and reports.

SBI SME Stree Shakti Loan Scheme

Stree Shakti Representative image

The Stree Shakti Loan Scheme is specially designed to find and support entrepreneurship among women by providing concessions in the financial assistance and processing. The main criteria SBI looks for, an enterprise should have more than 50% of its share capital owned by women. Stree Shakti Loan Scheme aims to empower women entrepreneurs who own and are managed in retail trade, business enterprises of professional and self -employed like doctors, beauty parlour operators etc.

SBI Bank Loan Scheme For Schools - School Plus

SBI Bank Loan Scheme For Schools - School Plus

State Bank of India provides term loan scheme "School Plus" for existing schools in order to repair / renovate / add new buildings or purchase of electronics equipments, computers and laboratory equipments, books, manuals, furnitures and other utility fixtures.

KSEB Online Payment Method and Procedure For Kerala Electricity Bill

KSEB Online Payment Method and Procedure For Kerala Electricity Bill

Kerala State Electricity Board AKA KSEB Kerala accepts payments through online methods too. Payments to KSEB can be done first of all through their office counters still functioning but limitation for visiting and queuing in front of the KSEB office counter, and time limit. If you chose online payment you can avoid physical appearance to the KSEB office and queuing in front of the counter. To enable online payment, you should have the following requirements:

Rice Mill Plus Bank Loan Scheme For Food Processing Units

Ricemill
SBI has fantastic loan scheme for entrepreneurs of food grain mills - Rice Mill Plus. Term loan for acquisition of machinery / factory building for modernization / expansion and working capital needs of Rice Mills engaged in milling, sorting, grading and polishing. No upper ceiling on loan amount.

SBI Housing Loan and Documents Required

SBI housing loan brouchure

SBI Housing Loan becomes the most demanding home loan across the banking sector in India and you will never regret if you have taken housing loan from State Bank Of India. Other banks have very attractive offers for housing loan, once you have availed one of those home loans, there will be a day that you realize "I could have at least gone through the details of SBI housing loan". There is a saying among the home loan takers "Upto loan sanctioning, other banks are good; after sanctioning, SBI is good".

SBI Broiler Plus Agriculture Bank Loan - Scheme for Broiler Farmers

SBI Broiler Plus Agriculture Bank Loan - Scheme for Broiler Farmers
SBI Agriculture loan "Broiler Plus (Scheme for financing Broiler Farmers under Contract farming)" extended to both existing farmers and new farmers having “Contract Broiler Farming” arrangements for enabling them to construct poultry shed and feed room and for purchase of equipment.