What Is A Startup? Startups are new businesses set up by one or a group of individuals. There could be two reasons to create a startup: If you are planning to start your venture, these questions might bog you down: The answer to these questions… Read More »How to Register a Startup Company in India
National Electronic Funds Transfer or NEFT is a nationwide payments system that allows transfer of funds from one bank’s account to another. With an increased focus on online banking, NEFT has become one of the most popular ways of transferring funds. Since it can electronically… Read More »NEFT Transfer: Step to Step
India offers an OCI card to foreign passport holders and PIO card holders. Except for Pakistani and Bangladeshi citizens, anyone can get an OCI card as long as they provide proof of Indian origin. About OCI Overseas Citizenship of India (OCI) is a form of… Read More »How to Apply for OCI Card
RTGS stands for Real Time Gross Settlement. It is a money transfer system that allows the transfer of funds from one bank account to another in real-time and on a gross settlement basis. The term, ‘real-time’ implies that transactions through RTGS are processed right when… Read More »What Is RTGS
There are numerous ways of transferring money from one bank account to account. With the increasing technology, online money transfer has become the easiest way of transferring money from one bank to another without any difficulty. Money transfer basically refers to the electronic transfer of… Read More »Online Money Transfer Methods in India
About e-PAN Permanent Account Number (PAN) is an essential financial document in India, acting as a universal identification key for tracking financial transactions. Electronic Permanent Account Number or e-PAN is simply a digitally formatted PAN, equally valid as its physical counterpart. Notably, the e-PAN card… Read More »How to Get a e-pan in India
What is USSD The innovative payment service *99# works on Unstructured Supplementary Service Data (USSD) channel. This service allows mobile banking transactions using basic feature mobile phone, there is no need to have mobile internet data facility for using USSD based mobile banking. It is… Read More »What Is USSD
Bank accounts help you keep your money safe. At the same time, they also help you compound your investment or savings by allowing you to earn interest on your deposits. Banks operating in India fall under four categories: private banks, public sector banks or nationalized… Read More »Types of Bank Accounts in India
What Is a Unified Payments Interface (UPI)? Unified Payments Interface (UPI) is an instant payment system developed by National Payments Corporation of India (NPCI). The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. It is used on Mobile devices to instantly transfer funds between two bank Accounts. The mobile number on the device… Read More »What Is UPI? And How It Works?