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Financial Rights, Restrictions, and Prohibitions Of An Overseas Citizen of India (OCI)

Many nations permit their citizens to have more than one citizenship enhancing their socioeconomic integration. If you look at the Bible, St. Paul has dual citizenship, one from Tarsus and another from Rome (Acts 22:24-29). Owning second citizenship or multiple citizenship is a step towards more freedom that can give you more control and independence. But, the Indian Constitution does not allow dual or more citizenship to any person of any country.

Safe Computer Usage, Internet Browsing, Social Networking and Email

There are new and more sophisticated threats preventing us from fully experience our Web browsing: phishing & whaling attack, identity theft, tabnabbing and many others are waiting for us to take a false steps. Computers and Internet brings lot of information and convenience to our daily life, but what about the threats it brings?

Don't you think that a PC or hand-held devices such as smart phone, tab etc. connected with internet can harm you or make threat to your life or made you mad after knowing your bank balance has dropped without your knowledge, you are warned!

If you are conscious about "identity theft intelligence", we advice an online test here with Comparitech.com. Your awareness about Identity Theft will be increased after the test. Here we look at some tips for safe computer usage, Internet browsing, Social Networking and email.

SBI SME Auto Loan (SBI FRTO Loan)

SBI SME Auto loan allows Small and Medium Entrepreneurs (SME) for buying new and old vehicles such as auto-rickshaw, car, jeep, MUV of any model. Old vehicles should not be older than 4 years and be passed by the bank's assessment. This Term loan scheme also known as "Finance for Road Transport Operators - FRTO".

SBI Personal Car Loan Features (New, Used, Certified Pre-Owned and Reimbersement)

SBI provides, different car loan schemes in the personal banking sector which attracts many common features. They are listed here with individual details. All are considered to be Term loans for purchase of New / Used / Certified Pre-owned passenger cars, Multi Utility Vehicles (MUVs) and SUVs. Used and Certified Pre-Owned car, MUV, SUV upto 5 years old.

Customer Document Check List for SBI Bank Loans

Every financial dealings involve risk and there is no exemption in lending money to public. Bank calculates their risk factor in each and every loan products hence making ways to subdue  collecting authenticated documents from its loan customers. Here we can find what are the documents usually banks ask to a loan customer. Please note that the list is only indicative and not exhaustive, and depending upon the local requirements at different places addition could be made as per necessity.

Useful Tips and Tricks

In this section, Lopol publishes useful tips, tricks, guides, how to articles mainly based on day to day affairs and related issues. It mostly selected from engineering, technology, banking, finance, internet safety, computer safety, technology tips and guides.

SBI Krishi Kalyan or Farmers Easy Empowered Loan (FEEL)

Objective of Farmers Easy Empowered Loan (FEEL) or "KRISHI KALYAN" is to provide timely and adequate credit to farmers to meet production and consumption expenses. To reduce the multiple process of separate application, documentation & EM creation for availment of KCC and PML, thereby reduce the time for delivery of credit.

SBI SME Collateral Free Loan Scheme

SBI provides collateral free business loan. New and existing Micro and Small Enterprises engaged in Manufacturing and Service sector can avail this scheme. For Manufacturing sector, original investment in plant & machinery should be upto Rs 5 crore and for Service sector, original investment in equipment upto Rs 2 crore.

Differences Between NRE and NRO Bank Accounts

Non Resident External (NRE) Account is normally being used to keep foreign earnings in Indian Bank Accounts by a person who has status of NRI / PIO / OCI. NRE account should only be used to keep money earned from foreign contry and it should not be used to convert your money earned in India either direct or transfer from your existing bank account such as savings bank account or term deposits or current accounts etc. Non Resident Ordinary (NRO) account is being used to keep the money an NRI / PIO / OCI to manage the income earned in India. NRO account also can be used to keep your earning made from foreign country but remember that it can not be repatriating to its original state, ie., converting into foreign currency.

SBI Agriculture Loan For Seed Processors

SBI provides two bank loan schemes to seed processors in which first scheme enables loan against seed processor receivables due to them from the seed growers and the second one as SBI Mortgage Loan furnishing mortgage of property of adequate value.

SBI Rent Plus Loan Scheme On Property Rental Income

SBI Rent Plus Loan Scheme best fit for owners who has rental income from their real estate properties -  residential or commercial - located in Rural / Semi-urban / Urban / Metro areas to corporate bodies. This Term loan amount can be utilized to invest further projects or adjustments of the liquidity.

Requirements for Converting Valid PIO Card to OCI Card

OCI Card Registration for Conversion of PIO Card to OCI Card is an online process. OCI Applicants who are having valid PIO Cards may apply from here. Only after complete successful registration, an applicant will be considered as an OCI Card Applicant (In Lieu of PIO-Card).

Provident Fund - General Provident Fund (GPF) and Public Provident Fund (PPF)

Provident Fund is a mechanism to protect the salaried people in old age after retiring from service, the Government has introduced "a retirement benefit scheme" called the Employees Provident Fund Scheme. The main purpose of the scheme is to provide a compulsory saving out of the current income of the employee. The employer gives the employee the saved amount together with the interest at the time of retirement.

SBI Traders Easy Loan Scheme (SBI TEL)

SBI launched this scheme to provide hassle free loan to Traders. Any business man/ entrepreneur/ Professional and self employed person can avail this loan. Loan under the scheme can be availed to meet normal business requirements and is sanctioned against equitable mortgage of property. Any residential or commercial property in the name of unit/ proprietor/partner OR their close relatives is acceptable. Agriculture property or property outside urban limits is not accepted.

SBI SMILE Scheme For Startups (Interest Free Loan As Equity)

The scheme envisages grant of interest free loan as equity assistance to­wards part of margin requirements of the project, to assist eligible profes­sional and technically qualified entrepreneurs setting up new Micro and Small enterprises and units covered under the Bank’s Project uptech for technology upgradation.

Consumer Rights In India

Every person living on earth is a consumer. Some items or services you have to buy before its consumption or utilization wherein other items you consume without buying directly. And in some cases you either consume or utilize before you pay. In its vast meaning, word 'consumer' holds rich and strange meaning depends on its arena.

Credit Score and Importance of Maintaining a High CIBIL Score

Your credit is your responsibility for keeping a high CBIL Score. Ensure you continue to pay your EMI on time to maintain a high CIBIL Score. Your CIBIL Score, ranging from 300 to 900, is evidence of your credit worthiness and increases your chances to get a higher loan amount at a better interest rate in the future.

SBI Agriculture Loan For Setting Up Of Cold Storages

The objectives of SBI Financing Cold Storage is to promote setting up of cold storage and reducing post harvest losses.

Eligible Organisations For Setting Up Of Cold Storages

Individuals / Farmers, Group Farmers / Growers, Companies, NGOs, Partnership / Proprietary Firms, Corporations, Cooperative Agricultural Produce Marketing Committees, Marketing Boards / Committees and Agricultural Industries Corporations.

SBI Shoppe and Shoppe Plus for Shop Owners

SBI Shoppe, Loans for present and prospective owners of shops/ offices/ show-rooms/ training centres/ service centres/ garages/ offices for Chartered Accountants/ Consultants for the purchase / repair/ renovation of new/ old shops/ establishments/ offices/ dealer’s showroom etc. Maximum Term loan available is Rs 20 lakhs repayable in 3-7 years.