Saving Archive

What is a Zero Frills Bank Account

In order to compensate for the services that the bank provides, the customers are usually required to maintain a minimum average balance in their accounts. However, there are many people in India who are unable to maintain a minimum balance in his or her bank account due to insufficiency of money. So, Reserve Bank of India has introduced an account which does not require any minimum …

Understanding the Fintech Behind Loyalty Rewards

There are various kinds of marketing strategies by which client retention can be done in order to excel in business. Loyalty program is one such marketing strategy which is well maintained and specially designed by the merchants so that the customers and the clients continue to shop and use the best services which are provided by the companies which would ultimately help in the financial …

Amazing Journey of NJ India Invest Pvt. Ltd.

NJ India Invest Pvt. Ltd is one of the India’s largest mutual fund distributors. The headquarters of the firm is situated in Surat. It was formed back in June 1994, by two college pass outs Neeraj Choksi and Jignesh Desai. Both the founders saw some scope and future in the mutual fund’s sales, which many others were not able to see with a clear vision. …

Warren Buffet’s Top Investment Advises

All of us want to earn money and different people use different methods for earning it. Some sell products, some sell services and some sell both, which requires hard work as well as dedication towards the work. But even after all those hard work most of us didn’t get that much amount of money that can satisfy our needs. But there exist some people who …

Understanding STP and SWP

Before looking forward to STP & SWP, which are Systematic Transfer Plans and Systematic Withdrawal Plans, we will have to understand what exactly are Systematic Investment plans, so let us start with the same. SIP has a quite simple attitude; it does what every other well-educated person plans. SIP is quite a simple and a hassle less method to invest money in mutual funds. You …

Digibank by DBS

“People don’t need banks, people need banking”- Bill Gates Applications for banking are increasing and the penetration of virtual credit cards, virtual debit cards are increasing. With the penetration of the same in India, Digibank which is a multinational banking and financial service providing bank also thought to launch its services in India. They didn’t launch the services in India as a full fleshed bank, …

Should you invest in Bitcoin?

Not many of us know, but modern accounting finds its roots in the land of pizzas, Italy. Luca Pacioli, an Italian mathematician is regarded as the modern accounting and practices. With the passage of time, this accounting has evolved itself to the needs of economies and banks. Since the arrival of the computing and internet, accounting has virtually shifted itself to the smart binary codes. …

Top 5 Personal Expense Trackers for Android Smartphones

Every day you step out of the home, or it’s a Sunday or holiday and you are at home, expenses go up every minute. If you are at home, then might be the paper hawker might have come to get his monthly payment, might be the milkman is at the doorstep for his pending amount. In this busy world, it is quite a hectic task …