Systematic Investment Plan (SIP)

One way or the other way you want to earn money with some initial capital. There are many ways to invest the money with different levels of risk. One such thing is stock market, when you hear of this you may be afraid thinking it is kind if gambling and it is very risky in investing in stock market. If you are not an expert in stock market analysis and still want to take the profit out of it, there are some one who will be constantly monitoring for you and investing wisely by doing the proper market analysis.

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How to get my Credit Rating in India?

    Government of India and Reserve Bank of India (RBI) together established Credit Rating System called CIBIL (Credit Information Bureau (India) Limited) in the year 2000. The basic functioning of this corporation is that it maintains the credit rating of the Consumer barrowers and Commercial barrowers. The advantage of this for the banks is that, before issuing any kind of loans to the individuals the banks shall verify the currently running debts for the individuals or the commercial firms.

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List of Banks in India with RTGS facility

How do I transfer money instantly between differently banks in India?

    There is a facility called Real Time Gross Settlement (RTGS) managed by Reserve Bank of India (RBI) with which the transfer of money is done in real time. RTGS transfer is different from NEFT, using NEFT the transfer funds takes one business day where as in RTGS funds will be credited within seconds into the beneficiaries account. But the minimum limit to transfer funds using RTGS is Rs 100000/- and there is no upper limit for the RTGS transactions.

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List of Public and Private Sector Banks in India with NEFT facility

National Electronic Funds Transfer (NEFT) is a nationwide facility to transfer funds electronically between any two bank accounts (i.e inter bank funds transfer). As per Reserve Bank of India (RBI) there are 62,000 bank branches out of 75,000 that are enabled with NEFT facility. Maximum time taken to transfer the amount to the beneficiary account is one business day. NEFT facility is available between 9am and 5pm during weekdays and 9am to 12pm during Saturday and Sunday is holiday. This facility is applicable to transfers with in India. Please click
here to get the list of branches with NEFT facility.