What are the differences and similarities between the National Savings Certificate (NSC) and PPF? National Savings Certificate (NSC) Public Provident Fund (PPF) Interest Paid: 8%, compounded half-yearly Interest Paid: 8%, compounded annually No monthly/yearly payments No monthly/yearly payments Minimum investment: Rs 100 Maximum investment: No Limit Minimum investment: Rs 500 (required annually)Maximum investment: Rs 70,000 …
PERSONAL LOAN: A WAY OF FUNDING TEMPORARY MONETARY NEEDS Borrowing money becomes essential on several occasions in life be it a medical emergency, buying a home, or a latest brand-new car. Well, to take off our needs and requirements several loans are designed specifically. One such loan which we’ll be discussing during this blog is the personal loan. The loan has been popular for a decade thanks to its …
What is a better option for a small business owner – A business loan or A personal loan. What is business loan ? A business loan is given to business owners for all the expenses of the organization. Various banks, financial institutions, and non-bank financial companies (NBFCs) provide it. Small business loans can be secured …
Professional loans for Chartered Accountants, Doctors & Architects Operations of business can be established, grow and enlarge with IFCCL for professional loans. It is a kind of loan available for working professionals so that they can grow or even start their business. No collateral is required to buy machinery or update equipment, as it is …
Loan against Rent Receivable – All you need to know A synopsis of Loan against rent receivable Meaning of loan against rent receivable. A loan against rent receivable is offered by every public and private bank to manage future rent on an owned property as collateral. It is like a personal loan. This loan can …
How to get a startup Loan for business without any Kind of collateral ? Lack of funds is one of the reason number of good business blows. However there exists sources in India that grant loans. In general, a 3 year of business vintage period is required for loan from financial institution. For ease of …
Role of Supply Chain Finance for MSME MSME are very important for growth and development of Indian Economy. More than eighty percent of MSME in India takes place over bank credit and taking funding from informal or private sources at extra cost. Various limits of challenges by banks from expanding funding to small businesses. High risk of …
The Engine of Growth in India -Micro Small, Medium Enterprises India`s engine of growth the Micro Small Medium Enterprises have proved that they are pillars of Indian economy. It not just create employment opportunity but also enhanced the overall growth of the country. MSME`s work for the upliftment of all sections of the society, it …
RBI enforce withdrawal restriction of a total amount not exceeding 500 For Karnala Nagari Sahakari Bank Ltd., (Maharashtra) 1. Authority to issue certain Directions to Karnala Nagari Sahakari Bank Ltd., (Maharashtra) by which, as from of the end of trading on 15 June 2020, the Administrator of the aforementioned bank shall not, without prior written …
INCOME TAX ACT UPDATE ON NOV 17, 2015 INCOME TAX ACT SECTION 9 INCOME – DEEMED TO ACCRUE OR ARISE IN INDIA Liaison Office of foreign MNC established in India for sourcing goods for exports to its overseas customers as per their requirements will not be treated as PE under the DTAA merely because it …