Mobile Banking Mobile banking is a system of providing service to a customer to carry out banking transactions on the Mobile phone through a cellular provider. It is a service of banks to make available the facility of banking, wherever the customer is and whenever he needs. At present the new private sector banks likeContinue reading “MOBILE BANKING”
Category Archives: Uncategorized
SAVING v/s INVESTING
Difference Between Saving & Investing Saving versus Money management: An OverviewThe words “saving” and “money management” are now and again utilized reciprocally, yet all things considered, we ought to be taken part in both to get our monetary future. A common quality of both saving and contributing is the greatest possible level of significance thatContinue reading “SAVING v/s INVESTING”
TELEPHONE BANKING
It is one of the fastest growing areas of high tech banking. A customer can perform a number of transactions from their own home or office or anywhere they have access to a phone. Telephone banking is a service provided by a financial institution, which allows its customers to perform transactions over the telephone. MostContinue reading “TELEPHONE BANKING”
CASH CREDIT v/s OVERDRAFT
Cash Credit v/s Overdraft Difference Cash credit and overdraft are two sorts of transient supporting that monetary organizations give to their clients. Both are utilized to keep checks from skipping or charge cards from being declined when there are lacking assets in financial records. The essential contrast between these types of getting is the meansContinue reading “CASH CREDIT v/s OVERDRAFT”
VIRTUAL BANKING
Virtual Banking Virtual bank is an Internet based financial institution that offers deposit and withdrawal facilities, and other banking services, through automated teller machines or other devices, without having physical (brick and mortar) walk-in premises. The concept of virtual banking was initiated with the installation of the first ATMs in the 1970s. Virtual banking startedContinue reading “VIRTUAL BANKING”
REVERSE MORTGAGE
Reverse Mortgage What Is a Reverse Mortgage? In a word, a graduated house buyback is an advance. A mortgage holder who is 62 or more established and has significant home value can get against the worth of their home and get assets as a single amount, fixed regularly scheduled installment, or credit extension. In contrastContinue reading “REVERSE MORTGAGE”
INVESTING v/s GAMBLING
Difference Between Investing & Gambling How frequently during a conversation about funds have you heard somebody express, “Putting resources into the securities exchange is very much like betting at a club”? Valid, financial planning and betting both imply hazard and decision — explicitly, the gamble of capital bearing in mind the end goal of futureContinue reading “INVESTING v/s GAMBLING”
INVESTMENT, SPECULATION & GAMBLING
Investment, Speculation and Gambling Investment Investment is parking money for at least one year in an investment avenue of the choice of the investor, normally assuming moderate risk with the expectation of a fair return. Own funds or borrowed funds may be used for this purpose and decisions are taken mostly on informed news. AContinue reading “INVESTMENT, SPECULATION & GAMBLING”
BUSINESS CREDIT
What is a business credit? Business advances can be gotten or unstable credits. They can be profited from banks and non-banking monetary partnerships. Different advanced loaning organizations, publicly supporting organizations, loaning establishments have business credits plans too. Stable business advance A got business credit is one that needs guarantee as security. This type of safetyContinue reading “BUSINESS CREDIT”
PERSONAL CASH FLOW MANAGEMENT
Personal Cash Flow Management An individual income permits you to distinguish where your pay is coming from and how it is being spent… You can utilize this information to decide the number of ordinary costs you will forfeit with the goal that you can have more excesses to put towards future objectives. Individual income the executivesContinue reading “PERSONAL CASH FLOW MANAGEMENT”