Compare And Buy Insurance Online In A Few Clicks
Individuals often get confused when it comes to buying insurance, whether it is health plans or car insurance as there are a number of products available in the market. If you are planning to buy an insurance, firstly you have to compare the policy available with others in the market.
WHY CAR INSURANCE?
Car Insurance
WHY CAR INSURANCE?
Your car is your reason for joy, happiness and immense pride. It gives you independence, freedom and the ease to move around. While buying a car is always a great emotional moment for the entire family, it is also one of the most important purchase decisions you ever made.
6 Ways to Pay Your HDFC Credit Card Bill
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6 Ways to Pay Your HDFC Credit Card Bill
Credit cards comes with advantage that will allow you to purchase now and pay later option. the most important point to consider when using any credit card is its safety. Security of the credit card primarily lies on its number, if it is disclosed means security is compromised. So, one needs to be careful while handing card to others. Click to know on how to protect your credit card.
Shopping is fun but when it comes to paying credit card bill it is a worry. Here are different ways through which you can pay bill. With these options there will be no more late payments.
1 HDFC Bank NetBanking
Registered NetBanking enabled account holders can transfer the outstanding Credit Card amount online.
One can link your Credit Card to NetBanking by log in to your HDFC Bank with the help of Credit Card ATM PIN.
However, Non-HDFC Bank customers having HDFC credit card can now make Credit Card payments online from any other bank account, even if you do not have an account with HDFC Bank.
One can link your Credit Card to NetBanking by log in to your HDFC Bank with the help of Credit Card ATM PIN.
However, Non-HDFC Bank customers having HDFC credit card can now make Credit Card payments online from any other bank account, even if you do not have an account with HDFC Bank.
2 HDFC Bank MobileBanking Apps
Make sure you have downloaded and installed the HDFC Bank MobileBanking Apps on your phone and enabled internet access.
Log in to the Mobile App using your Customer ID and go to the ‘Credit Card' tab, choose ‘Credit Card Payment' and make your payments using your HDFC Bank Savings Account.
3 HDFC Bank MobileBanking
Log in to your Netbanking account using MobileBanking through Browser (www.m.hdfcbank.com). Go to the ‘Credit Card' tab, choose ‘Credit Card Payment' and make the payments using your HDFC Bank Savings Account.
4 ATM Funds Transfer
All you have to do is walk in to any HDFC Bank ATM in India, at any time and transfer the bill amount from your Savings or Current Account to your Credit Card Account.
5 NEFT/ Visa Money Transfer
For other bank account holdersYou can transfer funds from any other bank account to your HDFC Bank Credit Card account electronically. Use IFSC Code HDFC0000128 for card payment through NEFT. Please prefix 00 to your 14 digit Diners Club Card Number).
6 Auto Pay
You can provide standing instructions to debit your HDFC Bank Account automatically for either the minimum amount due or the total monthly outstanding amount on your Credit Card. Your account with HDFC Bank should be a sole or a joint account with an 'any' or 'either' signing mandate.
Other traditional ways are, walk into any HDFC Bank branch and make your Credit Card payment by cash. Note: Cash payments at branches/ATMs will be charged a cash processing fee of Rs. 100/- per payment.
You can deposit a local cheque, having made it payable to the HDFC BANK Card A/c (you should mention your Credit Card number) at any of our drop boxes located at ATMs and branches in your city.
What Are Contactless Debit and Credit Cards in India?
Following ICICI Banks, almost all banks will soon launch Contactless Debit and Credit Cards in the market. The latest cards will use the near field communication (NFC) technology to make payments at outlets.
How does Contactless Debit and Credit Cards in India Work?
Such card holders need not swipe the card at the POS (Point of Sale). They can simply tap it on the terminal and pay for your purchases. After tapping, enter the PIN, within seconds it beeps and a sales slip is issued when transaction is completed. However, on such cards, signature is not required.
The merchants include quick service restaurants, coffee shops, shopping marts and fuel stations where fast transactions are much required. The Bank plans to shortly extend this facility to other cities as well.
Benefits of Contactless Debit and Credit Cards
These cards require significantly less time compared to other cards to complete a transaction. While, there is no compromise on the security as the card remains with the customer.
This means that the merchant does not get to see your card details.
Some experts believe as there are multiple layers of security, even if the card is lost or stolen using mobile apps, it cannot be misused.
Speaking at a recent launch, Mr. Rajiv Sabharwal, Executive Director, ICICI Bank said, "We have always leveraged technology to introduce digital innovations and bring forth world-class banking experience to our customers. Many of these were firsts in the industry like Internet, Mobile, Tab and Touch banking among others. We are delighted to partner with MasterCard and Visa to introduce the country's first credit and debit card enabled with the contactless payment technology. We expect this to be a big game changer in the Indian payment industry"
Documents Needed to Apply for Credit Card
Documents Needed to Apply for Credit Card
Credit cards are the most attractive and easy way to purchase things. Moreover offers from bank and other companies makes using credit card irresistible !!
Before buying credit card, it is necessary to compare different credit cards and decide based on your requirement. Credit cards differ on basis of interest rates, late payment fees, over limit charges, reward points, or other important factors.
Before applying one needs to check whether he is eligible to apply or not.
Eligibility Criteria
1) One should be either salaried , self employed or professional
2) Should aged between 22 - 59, have a bank account and have some monthly Income
3) Must not have a history of bad credit or your loan should not be declined in Last 3 months
4) Should have some monthly repaying capacity
Document Required
1) Passport size Photograph.
2) Filled application form dully signed
3) Latest 3 months salary slips ( indicating break up of Gross salary i.e Basic Pay House rent and Net Salary after deductions)
4) 6 months bank statement reflecting salary credits updated within last 15 days.
5) Identity Proof (Any One ): Pan Card, Passport, Driving License or Voter's ID card, employee identity card as identity proof and signature proof incase of government employees.
6) Address Proof( Any One) : Passport, Driving license, Ration Card, Voter's ID Card, Bank statement, Rent Agreement telephone bill, electricity or water bill, loan Schedules and bank statement showing EMI debits.
2) Filled application form dully signed
3) Latest 3 months salary slips ( indicating break up of Gross salary i.e Basic Pay House rent and Net Salary after deductions)
4) 6 months bank statement reflecting salary credits updated within last 15 days.
5) Identity Proof (Any One ): Pan Card, Passport, Driving License or Voter's ID card, employee identity card as identity proof and signature proof incase of government employees.
6) Address Proof( Any One) : Passport, Driving license, Ration Card, Voter's ID Card, Bank statement, Rent Agreement telephone bill, electricity or water bill, loan Schedules and bank statement showing EMI debits.
Auto loans for used or second hand cars in India: What you should know?
Auto loans for used or second hand cars in India: What you should know?
It's not always that you would like to buy a brand new car or a vehicle. There are times when you realise that you would not drive much and that a used or second hand car would do.
Loans today are easily available for used cars, depending on the age of the car. If you have seen a 10 year old car and are expecting loan for the same, forget it. Just do not keep chasing the bankers as you are unlikely to get a car or auto loan approved for the purpose, if the age of the vehicle is over 4-5 years.
a) Interest Rates on Used Cars Are Higher
Interest rates are generally higher in the case of used cars. It's almost impossible to say how high these rates would be. It would most certainly depend on the financier and the age of the vehicle. Older the vehicle higher would be the applicable interest rate.
You can expect interest rates to be higher by at least three per centage points on an average.
b) Banks Offer Cheaper Rates for Used Auto and Vehicle Loans in India
If you have to choose between an NBFC and a bank, go in for the bank, because the interest rate would be certainly cheaper. In fact, if you are able to rope in a government owned bank, you might get the loan at an even cheaper rate.
c) Age of the Car Important
The age of the car or the vehicle is extremely important. Older the car, the higher the interest rates. In fact, older the car lesser the funding as well.
d) Financing Through a Reputed Dealer is the Better Option
You may have heard of certified cars. Almost every top manufacturer certifies used cars. For example, Maruti has True Value, where Maruti engineers certify the health of the car. They check several key points to determine the health of the car.
Banks may favour buying from a reputed second hand vendor like Maruti True Value, which would to some extent guarantee the value of the car.
e) Loans For a Lesser Period
If banks grant an auto loan for a maximum of 5 years, it would be almost certain that you would not get the same tenure for a used car.
Conclusion
If you are going for a second hand car make sure that the car is not very old. This would save on interest rates and help in easy approval of the loan.
If you are passionate about cars, bikes and vehicles, do not forget to
How to Stop SBI Cheque Payment Online?
Stop payment facility will enable you to protect from fraud or forgery or in case of misplace of cheque. But, before placing for stop payment request one needs to ensure that the check is not yet been presented for clearing.
However, if the cheque is presented before stop payment is requested, in such cases banks will not be able to stop the payment of your check.
There is certain fees charged by the bank for providing this service. However, charges differs with banks and number of cheques you are requesting to stop.
Steps to stop issued cheque payment online
Here, lets take an example of SBI Bank
To give stop payment online, first you need to be registered with the Bank
1. Visit onlinesbi.com
2. Login under Personal banking (With Username and Password)
3. In home page click "e-services" Tab
4. From the drop down click "Stop Payment"
5. Enter the details- Cheque number, date, name of the party.
6. Tick the terms and conditions icon and
7. Click submit.