After completing probation period, employee gets confirmation which will give pleasure and happiness to the life. The next step thinking to enhance life by adding facilities. It may be a new car or a new house or home appliances like home theater or something else. In normal case, most of the employees depend bank loan to meet their shortfalls of fund. Before going to bank for applying loan, following 6 important things to be checked whether you have met those points speeding up loan process:
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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.
Names of Socially And Educationally Backward Classes (SEBC) in Andhra Pradesh listed below considering for Andhra Pradesh PSC job selection, admission preference for higher studies in Andhra Pradesh, HSS, VHSS, ITI, Polytechnic, Medical, Engineering, Paramedicals etc. The list has been separately classified into 5 Groups:
- Group-A Aboriginal Tribes, Vimuktha Jathis, Nomadic and Semi Nomadic Tribes etc.
- Group-B Vocational
- Group-C Scheduled Castes converts to Christianity and their progeny
- Group-D Other Classes
- Group-E Socially and Educationally Backward Classes of Muslims
Names of Denotified Communities in Tamil Nadu listed below considering for Tamil Nadu PSC (TNPSC) job selection, admission preference for higher studies in Tamil Nadu, HSS, VHSS, ITI, Polytechnic, Medical, Engineering, Paramedicals etc.
Answer: Normally an employee is entitled to get Salary certificate once in a year. In some organization, it will be given upto 4 in each quarter year gap. It depends the policy of the company / organization, nothing else. Many financial institutions accepts Salary slip instead of Salary Certificate as a supporting document for loan application. In such cases employee can apply for 12 loan applications! This does not mean that employee will get loans from all those institutions.
Salaried employees must know the differences between Salary certificate and Salary letter. In most cases, salary certificate or salary letter come into picture when an employee thinks about how to overcome current or forthcoming financial crisis - personal debt, purchasing a car, buying a house are the common occasions.
When you contact a financial institutions like bank, they give you a list of documents required for processing loan application. Some institution wanted salary certificate while others wanted salary letter. What are the main objectives and differences of these two documents - salary certificate and salary letter?
What is Salary Certificate?
Salary certificate is a document issued by an office head to their employee upon request made by an employee. The request must have a reason which should mention in the certificate as to own purpose or relatives' / friend's purpose. If approved by management, a certificate will be issued to employee in the subject line of "Salary Certificate". This certificate can be submitted for Loan application to any financial institutions depending upon the relationship and interest. Usually its validity may remain for one year or less.
Good time for small entrepreneurs! Hassle free loan under Pradhan Mantri Mudra Yojana (PMMY) Scheme from your most trusted bank SBI 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.
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 traveling. 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.
Internet Banking facilitates customers performing anywhere banking round the clock. When it comes to corporate customers (non-individual customers) necessitates distinguished features depending on type of corporate entities. The SBI, the largest bank in India provides its featured Corporate Internet Banking (CINB) services suitable to each level and type of corporate customers also known as Current Account Holders. If you already a CINB customer or wish to become a customer, following points must be known for the hassle free, optimized usage of the services.
Bank Branch is considered as one of the most important channel of the bank and is generally the most preferred channel from the customer's point of view. The bank branch is referred to as the face of the bank since the customer can visit personally and meet and interact with the bank branch officials and avail the various services offered by the bank.
People are panic and don't know how to sort out getting their Aadhaar Card even some of them waiting more than a year after Aadhaar enrolment process. Recent newspaper notifications issued by authorities saying, Govt. subsidies, scholarships and pensions shall not be released without providing Aadhaar linked bank accounts. Many are visiting Govt. offices like village, panchayat, tehsil or municipal offices to collect their Aadhaar letter and return vain or with insufficient guidance.
SBI Doctor Plus Bank Loan Scheme allows a hassle free financing solution for qualified medical practitioners in any discipline (a person possessing the qualification of MBBS, BAMS, BHMS, BDS, GAMS etc.). Although Doctor Plus loan scheme can be opted for all qualified medical practitioners, it is more suitable for freshers who has entrepreneurial attitude. Here we will find what are the features, eligibility, security, documents required and other things to be considered for availing Doctor Plus Bank Loan offered by State Bank of India.
Google now becomes more generous to its Local Guides. It has now increased Local Guides Levels from 5 to 10. Earlier, it was limited to 5 levels, that will be achieved once Local Guides earned 500 points. Beyond this points, there was no levels to achieve. Those who earned 500 or 5000 or 10000 or more were known as Level 5 Local Guides. This felt stagnation among Local Guides. The new level system allows reaching upto Level 10 brings more enthusiasm to each participants, more recognition, and more contributions.
Every month, Civil Supplies Department of each state Govt. issues notification stating what are the Rationing articles and their quantity citizen can have as per the classification of ration cards such as PHH, NPHH, (Earlier BPL, APL), AYY etc. Ration card holders can avail these items from their registered retail ration shops on weekly share / monthly share basis. Sugar and kerosene shall be distributed per month and other rice and wheat items on weekly basis.
SBI offers car loans for the longest tenors (84 months) and also provides finance for both new cars as well as old cars (not more than five years old). Interest for Car loans shall be on daily reducing balance, unlike the flat rate of interest or interest based on annual reducing balance method used by several other financiers. Finance includes for one-time road tax, registration fee and insurance premium also.
In Jan 2006, the Reserve Bank of India issued a new set of guidelines allowing banks to employ two categories of intermediaries - Business Correspondents (BC) and Business Facilitators (BF) - to expand their outreach. According to the guidelines, while the BCs are permitted to carry out transactions on behalf of the bank as agents, the BF can refer clients, pursue the clients’ proposal and facilitate the bank to carry out its transactions, but cannot transact on behalf of the bank.
Form 16 certificate also known as TDS certificate is a financial statement issued by an office of a salaried employee that contains earnings, deductions and “Income Tax" or "I-T” paid to the Government. This Form-16 certificate (TDS Certificate) must be issued to every employee who comes under “Tax Deducted at Source - TDS”, by his / her employer in the end of each financial year.