Does the UPI score better than E-Wallets, NEFT and IMPS?

Does the UPI score better than E-Wallets, NEFT and IMPS?

Has the Unified Payments Interface (UPI) come to reign supreme over all other ways and means of making online payments? Do e-wallets like Paytm, and online banking transactional methods like the NEFT and RTGS now take the back seat? Figure out the answer yourself as you read on… It is no secret in the rise of smart phone usage for online transactions.The figures rocketed from less than a crore of monthly transactions in 2012 to more than 63000 crores in 2016. Much of the rise occurring post the demonetization drive….

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Taking a home loan to buy your first house? Five factors to consider

Taking a home loan to buy your first house? Five factors to consider

Taking a home loan to buy your first house? Five factors to consider Though you may have salary or income to support your home loan application, here are some factors you cannot ignore. Loans make many things accessible and homes are no exceptions. For millennials, loans are a part of life and they may not think twice before buying a home with a loan. However, here are five factors you should keep in mind even if you have adequate salary to get a loan and to service it. Property Age…

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Senior Citizens Pension Scheme Announced to Ensure Greater Returns For Elderly Citizens

Senior Citizens Pension Scheme Announced to Ensure Greater Returns For Elderly Citizens

Good news seems to be raining for senior citizens. The Union Budget has proposed to initiate a scheme for senior citizens that would bid an annual return of 8 per cent for a span of 10 years. The Life Insurance Corporation of India (LIC), on April 1, 2017, has launched the scheme offering interest pay outs on an annual, half-yearly, quarterly and monthly basis. Previously, in December 2016, special senior citizens fixed deposit was announced by India’s honourable Prime Minister, Narendra Modi, that offered a certain return of 8 per…

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