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understanding universal account number post - 1

UAN is a 12-digit number assigned or provided to all individuals having an Employee Provident Fund account.  UAN no is an identification number of the EPF account of the employee. Therefore, when an employee changes an organization or Company, he or she is not required to open a new Employee Provident Fund account. The employee …

5 KEY MISTAKES YOU SHOULD AVOID WHILE INVESTING IN SIP-(A)

The systematic investment plan (SIP) is a service that mutual funds offer to investors, where investors can invest in mutual funds every two weeks, monthly, quarterly or annually. While SIP is a blessing for investors, it not only prevents investors from managing the market but also facilitates their disciplined long-term journey toward wealth creation. Regardless …

4 MISTAKES YOU SHOULD AVOID WHILE INVESTING IN MUTUAL FUNDS-(A) (1)

Mutual funds are increasingly accepted by various investors in India because of their lightness and their performance. This financial instrument is suitable for all types of investors, small, medium or large because it can use the Systematic Investment Plan (SIP) to invest in mutual funds of an amount between 500 and an infinite monthly and …

Everything you want to know about Employees Provident Fund- (A)

Employee Provident Fund as the name suggests is an account under which a saving contribution is made for a salaried employee on a monthly basis. The said saving amount is deducted from the salary of the employee and is either a fixed amount of Rs. 1800% or 12% of the basic salary. Employee Provident Fund …

ALL YOU WANTED TO KNOW ABOUT KOTAK MAHINDRA SAVINGS ACCOUNT-(A) (1)

Kotak Mahindra Bank offers its customers a variety of savings account options to meet their individual needs. From premium savings accounts to simple or regular accounts, online savings accounts to offline accounts, children’s accounts to seniors’ accounts, the possibilities are endless. In addition, the interest rate offered on the savings account of Kotak Mahindra Bank …

A BRIEF ON AXIS BANK SAVINGS ACCOUNT-(A)

Axis Bank offers different savings accounts to meet everyone’s banking needs. With a range of accounts, from regular savings accounts to premium accounts, online savings accounts to offline accounts, the bank ensures that every type of client is covered. Axis Bank’s minimum balance requirements differ from one type of savings account to one type of …

Unleash the benefits of Saving Schemes-(A)

PART 1. Public Provident Fund PPF or public provident fund is a long-term investment plan offered to an individual for the purpose of savings related to retirement, education, and marriage of children, illness, etc. It is a government scheme for all individuals offered by mostly all Public and Private sector banks. Unlike mutual funds and …

Everything you need to know about IFSC Code & MICR Code- (11)

IFSC Code Meaning IFSC code is an eleven-digit alphanumerical number used for online fund transfer through Banks. Generally, the first four digits of the IFSC code are alphabetical representing the name of the Bank, the fifth digit is 0 and the last six digits represent the branch of the Bank identified with a number. The …

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