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Make assets accessible to heirs: Take time to consider operational, procedural aspects of investing

Make assets accessible to heirs: Take time to consider operational, procedural aspects of investing [ad_1] There was unexpected panic after a friend’s child recently turned 18. The parents had been investing all the monetary gifts he received meticulously in his name. They held bank accounts, mutual funds and also a demat account into which the shares gifted by the grandfather ...

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FinMin mulls changes in insurance laws to boost penetration: Report

insurance

FinMin mulls changes in insurance laws to boost penetration: Report The finance ministry is contemplating changes in insurance laws, including reduction in minimum capital requirement, with a view to increasing the insurance penetration in the country. Insurance penetration in India increased from 3.76 per cent in 2019-20 to 4.20 per cent in 2020-21, registering a growth of ...

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Send an SMS to check your SBI FASTag balance: Here’s how

Send an SMS to check your SBI FASTag balance: Here’s how [ad_1] Those who have State Bank of India (SBI) FASTags can now check their balance by sending SMS. “Dear SBI FASTag Customer, send an SMS to 7208820019 from your registered mobile number to quickly know your SBI FASTag balance,” stated a tweet from SBI on September 10, 2022. How ...

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mAadhaar app: How to create multiple profiles for family members using mAadhaar app

mAadhaar app: How to create multiple profiles for family members using mAadhaar app [ad_1] You can create multiple profiles of your family members using the mAadhaar app. The mAadhaar App only allows users with Aadhaar’s that are linked to registered mobile numbers can create Aadhaar profiles. They can create a profile in a smartphone app by doing so. However, only ...

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How to open SBI savings account through video KYC

How to open SBI savings account through video KYC [ad_1] State Bank of India (SBI) has introduced a Video KYC-based account opening feature that will enable users to open an SBI account online without having to go to a bank branch. According to the SBI tweet, “You may open a Savings Account with us without going to the bank. You ...

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