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Electronics

Best Android Phones Under 10000 in India

Are you looking for a smartphone with great features at an affordable rate? These days, having a good phone is a must, thanks to the internet and social media. Does it sound exciting if we say that you can buy an Android Phone Under Rs. 10000 without missing out on high-tech features including camera quality, battery backup, and storage? In this article, we will look over some of the Best Phones Under 10000 in India. If you want a phone for basic daily use or good camera quality, these are the best Android phones in the market. Whatever the use, they are flexible in terms of both cost and features. [B-01] Xiaomi Redmi 10A: Rs. 7,999 Xiaomi’s Redmi 10A tops the list of Best Phones Under 10000 in India. Its camera is extremely high in quality and features a 13MP primary camera with a 2MP secondary lens. The Xiaomi Redmi 10A takes high-definition, colour-rich photos day or night. The MediaTek Helio G25 chipset and 4 GB of RAM paired with 64 GB internal storage offer the phone plenty of computing capabilities. Specifications Display: 6.53-inch HD+ Battery: 5,000 mAh Ram: 4 GB Storage: 64 GB Pros Massive battery Standard definition screen Solid performance Cons Slow charge rate Lightweight design Xiaomi Redmi 9: Rs. 9,000 If you are also looking for the best Android phones for your money, go no further than the Xiaomi Redmi 9. This phone has excellent performance considering its low price. This has made it a popular choice among Indian users. What’s more is a 5,000mAh battery that easily survives for two days. There is a 13-megapixel main camera and a secondary 2-megapixel lens making it a good choice. Specifications Display: 6.53-inch HD+ Battery: 5,000 mAh Ram: 4 GB Storage: 64 GB Pros Exposé-style screen Robust logic controller Long-lasting battery performance. Cons The camera could do a little better POCO M2: Rs. 10,000 The smartphone maker released the POCO M2 for people who don’t want to spend a lot of money on a new device. Both the battery and the CPU of the POCO M2 are good. POCO M2 is one of the best Android phones under 10000 if you are fond of playing games on your mobile phone. There are four cameras—13 megapixels, 8 MP, 5 MP, and 2 MP—on the back. Specifications Display: 6.53-inch HD+ Battery: 5,000 mAh Ram: 4 GB Storage: 64 GB Pros Good battery backup FHD IPS display Solid performance Reasonable cost Cons Mediocre camera POCO C3: Rs. 8300 You will love the strong configuration of this stunning device. The POCO C3 is a great Android phone under 10,000 if you are looking for a phone with good performance and gaming prowess as well. The POCO C3 is powered by an octa-core MediaTek Helio G35 processor with a 13 MP primary camera, a 2 MP macro camera, and a 2 MP depth sensor. Specifications Display: 6.43-inch HD+ (1600×720-pixel) Battery: 5,000 mAh Ram: 4 GB Storage: 64 GB Pros HD+ resolution at 5000 mAh Effortless performance Cons No Type-C port No fingerprint sensor Realme C31: Rs. 9,000 The device is powered by the Unisoc T612 CPU. A 13MP main lens, a 2MP macro lens, and a monochrome lens are all included in the cameras. The device lacks camera quality but it is a reasonable trade-off for a mid-range device. Specifications Display: 6.5-inch HD+ Battery: 5,000 mAh Ram: 3 GB/4 GB Storage: 32 GB/64 GB Pros Side-mounted fingerprint sensor Panda glass Enduring battery Specific micro SD card slots Cons No Type-C port No good cameras Micromax IN Note 1: Rs. 9,600 The Micromax IN Note 1 includes a 5000mAh battery and a 2GHz Octa-Core MediaTek Helio G85 processor. The phone features a 48 MP, 5 MP, 2 MP, and 2 MP sensor in the device’s quad-camera configuration on the back and a 16-megapixel primary camera. Specifications Display: 6.67-inches screen (1080 x 2400 pixels) Battery: 5,000 mAh Ram: 4 GB Storage: 64 GB/128 GB Pros Reasonable battery life Overall effective performance Simple UI Cons Outdated fingerprint sensor Low light photos Realme Narzo 30A: Rs. 9,000 Another great android phone under 10,000 from the brand is the Realme Narzo 30A. The device is optimized for battery backups and performance. The Realme Narzo 30A features an incredible Octa-core MediaTek Helio G85 processor paired with a 6000mAh battery. The phone comes with a 13 MP back camera along with an 8 MP primary camera. Specifications Display: 6.5-inch (720 x 1600 pixels) Battery: 6,000 mAh Ram: 3 GB/4 GB Storage: 32 GB/64 GB Pros Excellent selfie camera Fantastic battery life Generally acceptable performance Cons A heavy and large body Average performing rear camera Samsung Galaxy M13: Rs. 10,000 Even though it was introduced under the Samsung name, the Samsung Galaxy M13 is surprisingly affordable. The stunning device features a main camera with 50MP and a 5MP+ 2MP+ 8MP front camera. Specifications Display: 6.6-inches Battery: 6,000 mAh Ram: 4 GB Storage: 64 GB Infinix Hot 12 Play: Rs. 8,100 For other smartphones in its price range, the Infinix Hot 12 Play is a formidable foe. What makes this phone the finest one available for under Rs. 10,000? An octa-core Unisoc T610 processor powers this Infinix smartphone. The Infinix Hot 12 Play has a 13MP primary camera and a depth lens. In addition, the battery life is excellent, clocking in at 6000 mAh. Specifications Display: 6.82-inch (1640 x 720 pixels) Battery: 6,000 mAh Ram: 4 GB Storage: 64 GB Pros Rate of refresh of 90 Hz The fingerprint scanner Massive battery capacity Specialized SD card slot Cons Feeble battery life Moderate effectiveness Interface bloatware [B-02] The Bottom Line A smartphone does not just have to be fancy. Instead, it should offer you good features too. We hope that the list of the Best Phones Under 10000 in India helps you to make your choice. These Android phones are chosen based on processor speed, memory/storage, camera quality, battery backup and affordability as well. Visit us at Piramal to read more such informative blogs.

08-11-2023
FD

How To Make Use Of FD Interest Calculator

FD Interest Calculator Do you want to know how to use FD Interest Calculator? You must use a fixed deposit calculator to see the interest rate on which you can earn desired returns by making a money deposit for a fixed period. A fixed deposit, also known as an FD, or a term deposit in banks, is a safe and widely used investment choice in India that can help you manage your income and finances. FD has the least risk of losses with assured returns making it the most viable and famous option for investing money. Almost every bank offers an FD – and to know which FD can cater to your needs, you must use a simple but useful tool called FD Calculator. The FD Calculator is a tool that aids in computing the exact amount, returns, and time of an FD. We will discuss in detail various features and perks of using an FD Interest Rate calculator. [B-01] What is an FD Interest Calculator? By using an FD Interest Rate calculator, you can get an idea about the returns on your fixed money, which you will get at the end of a fixed term, at the ongoing interest rate. If you want to know how much interest you will earn on a fixed deposit, you must use an FD calculator to do the math. The maturity period of an FD is found by taking a sum of the initial deposit, the interest rate on the FD, and the total no. of years until maturity. After the FD term expires, the maturity amount is paid out. It has all interest accrued on the fixed money. The FD interest rate calculator is used to: Know about your Fixed Deposit’s yearly rate of interest. The amount of money to be fixed can be decided more easily by the investors with the help of an FD calculator. To know how much money or profit you will make over time. To know how much money you can get each month or quarter by fixing cash in an FD. The FD (Fixed Deposit) Interest Rates Calculator: How Do I Use It? To know about the total cost of your Fixed Deposit, the rate of interest, and the date it will get mature, you must use an FD Interest Calculator. You can choose from the “Normal” and “Senior Citizen” categories of FD. You can choose a fixed deposit with a higher rate of interest. If no date is fixed, today’s date will be used as the FD date in the FD Calculator. Type in the Amount you wish to get fixed. You can enter the FD’s maturity in a year-month-day or days only format. If you have chosen the no. of years you want to fix your money, enter it. You can see the interest rate, maturity date, and application amount. How do you calculate the rate of interest on an FD? The formula for calculating interest is as follows: The rate of interest for the next quarter is calculated using the entire balance. The fixed deposit pays interest based on the discounted value at the end of each month after it has been compounded. The simple interest method is used to calculate interest in the case of a short-term fixed-income investment. How to figure out when a fixed deposit will mature: NP(1+r/n)(n*t) = Maturity Amount The initial FD investment amount, denoted by “P”, “The rate of interest denoted by r,” “The annual compounding rate, denoted by n,” “t is the term length of the FD.” What are the benefits of using the FD Interest Calculator? Using an FD interest calculator has the below-mentioned perks: An idea of your fixed money’s maturity date and returns will help you to plan the term length. The best bank for your deposit can be chosen by putting in the details and comparing the results. Verify that your inputs and results are always precise and error-free. Speed up your calculations compared to using a calculator or spreadsheet. You can compare the maturity amounts and make more informed decisions on fixed deposit renewals. To find out the regular interest payments. Smart budgeting and money planning. Allows for several uses for comparing the results of different inputs. Very easy to use. Very accurate and error-proof. Use of the FD calculator is free. One can use it as often as needed before fixing money. The details input by you will not be shared anywhere. [B-02] Conclusion If you calculate the interest amount you can earn on a fixed deposit manually, it can be very tough. It can get very tricky and cost you a lot of time. But, in a flash, you can evaluate your potential profits from a Fixed Deposit with financial expert Piramal Finance using their quick and easy FD interest calculator. To get a rough idea of returns, you must enter your desired term in years and the amount of money you wish to invest into the FD interest calculator. It is easy to use & accurate in calculations and can help you plan your investment activities. An FD is the easiest way to invest your money, but even it needs analysis. Now that you know about the FD Calculator do not wait anymore and plan your fixed deposit to grow your wealth. To know more about financial calculators and how to make use of them for personal loan solutions, visit the Piramal Finance website.

08-11-2023
Other

Best PPF Calculator For India In 2022

Not everyone is good at maths. If you want to put money into the PPF but don’t know how much to put in or what kind of return you would get on a certain amount. We’re here to help with the PPF calculator. After you figure out how much you can save regularly, the PPF calculator figures out how much you will get back. The PPF calculator uses the current interest rate and a 15-year time frame. [B-01] What is PPF? PPF stands for the Public Provident Fund. It was put into place in 1968 to invest money with almost a decent return. It has an interest rate of 7.1% per year and helps people start saving for retirement. PPF is backed by the Indian government and has negligible risk, but returns are guaranteed. The money you put in, the interest you get, and the money you get at the end are all tax-free. What is a PPF Calculator? You can use the PPF calculator, an online tool, to figure out how much your PPF (Public Provident Fund) investment could earn over a certain amount of time. The PPF is a government-backed savings plan that has a lot of benefits. During your working years, PPF is a great way to lower your tax bill. An online PPF calculator will simply use the formula for calculating PPFs to figure out how much your investments will be worth after a certain number of years and a specific interest rate on your PPF account. Opening a PPF Account The majority of banks let you open a PPF account online. But you can also make an offline account at a post office near you. Here is more information: Find a form to fill out at the post office or sub-post office. Please fill out the form, then send it along with the KYC paperwork and a photo of the passport size. A post office PPF account can be opened with a minimum deposit of Rs. 500 and an initial maximum of Rs.70,000. But the most you can put in each year is only Rs. 1.5 lakh. You can also use the Post Office PPF Calculator. The applicant will get a passbook for the PPF Account once all the necessary paperwork and the first deposit have been sent in. The passbook will have everything, like the account holder’s name, the branch’s name, the PPF account number, etc. ​​​​​​​ Minimum Tenure for PPF The PPF has a minimum term of 15 years, which can be extended in 5-year chunks. Small deposits range from 500 rupees to 1.5 lakh rupees in PPF accounts. You can put money into one or up to 12 charges. At least one PPF account must be sent in every year for 15 years. Why Invest in PPF? PPF is the best choice for investors who don’t want to take risks and want to make long-term investments with guaranteed returns. But investors who want to make more money are willing to take some risks. They might want to think about other options. Subject to EEE status 80C, PPF is a tax-wise way to save money. How Much You Should Invest in PPF? You should figure out how much you put into the PPF account and how much you can save on taxes. The least you can invest yearly is 500 rupees, and the most you can invest is 1,50,000 rupees. Under Section 80C, you can put up to INR 1.5 million in PPFs to lower your tax bill. It would help if you had some cash on hand to have enough cash on hand. Formula for Calculating PPF Using the PPF Calculator On the 5th of each month, the lowest balance in the PPF account is used to figure out the interest. Investors who pay their monthly payments by the 5th of the month will get their money back. If not, the previous balance of the PPF account is used to figure out how much interest to pay. If you want to lump money into the PPF each year, you should do so before April 5. The following formula can be used to figure out the expected interest and value at maturity: A = P [({(1+i) ^n}-1)/i] ‘A’ stands for the amount of maturity. “P” reflects the PPF account’s yearly payment. ‘i’ is representative of the PPF scheme’s expected interest rate. The ‘n’ is representative of the PPF investment amount made. The PPF Calculator employs the above calculation for a greater return with a longer investment period. The Best PPF Calculator Post Office PPF Calculator: A Post Office PPF Calculator can assist you in determining your PPF returns. You can determine the possible profits by putting in information like the amount invested and how long the investment will last. The Post Office PPF Calculator determines future returns based on what you put in. It figures out how much your money will grow in the future if you invest in the PPF at the post office. So, the maturity sum and wealth gained from the PPF investment are also figured out. Axis Bank PPF Calculator: This PPF calculator is a useful tool because it can tell you exactly how much your PPF will be worth when it comes due. When your PPF is active, it will tell you how your account works every 15 years. The amount invested, the interest earned, and the value at the end of the year could be some of these conditions. SBI PPF Calculator: The SBI PPF Calculator is a tool that helps with complicated calculations related to PPF. It shows how much an investor can expect to earn each year if they put money in for a set amount of time. The amount in the investor’s account determines how much interest should be added to the PPF account. The Indian Finance Ministry and its government look at the PPF interest rate every three months. The return has been going down over the past few years. HDFC PPF Calculator: The HDFC PPF Calculator is a banking tool that makes it easy for investors to determine their PPF returns. In the HDFC PPF plan, the investor’s set contributions over a certain time are used to figure out the returns. The PPF rules say that the interest is calculated monthly, but it is only put into the HDFC PPF account on March 31 of each year. At the standard PPF rate of return, interest is added to the PPF every year. [B-02] Conclusion Given the benefits of PPF, an investor who wants a safe and reliable way to invest may choose it. Investors who want to plan for retirement, make long-term investments, and avoid the effects of market changes can use the PPF. PPF has a 15-year lock-in period, but you can take out the money in small amounts and borrow from it. It keeps an investor’s cash safe in case of an emergency. Since the Indian government backs these investments, the risk is low. But let’s say you’re looking for an excellent guide to investing. You should look at Piramal Finance’s services and products and read more about their offerings on financial calculators, credit cards and personal loans.

08-11-2023
Mutual Funds

What is Step Up SIP Calculator, and How Does it Work?

People finish marathons because they persist and train over a long period. The people who ace examinations have worked consistently to achieve what they have. And the same goes for investments. For those investors who prefer low risks and decent returns, Step Up SIP is the best option for investing. The term ‘SIP’ has now been nailed into our brains. Step Up SIP allows you to better control your finances by investing in mutual funds regularly, depending on your financial conditions. These also provide tax advantages. In this article, we will look at the Step Up SIP Calculator, its benefits, and how it works. [B-01] What Is A Step Up SIP Calculator? The most common type of investment is the one where it is done in a lump sum. However, in contrast, SIP enables individuals to invest in a disciplined way wherein a specified amount of money is put in mutual funds at fixed intervals. Step Up SIPs, on the other hand, provide the investors with an option to grow their SIP amount by a fixed sum or a percentage at their discretion at certain intervals. This is the best way to enhance mutual fund investments, which can accompany their increasing income. And therefore, this allows people to achieve their financial goals and objectives without straining their budget. Benefits Of Using A Step Up SIP Calculator There are several benefits of using a Step Up SIP calculator that have been outlined below: The calculator calculates how much you would be accumulating at the end of the period for a particular policy. This is important since you can not modify or change your Step Up SIP once you have bought it. The calculator is fairly simple and quite easy to use. The main benefit would be that it is free of cost and also you can use the calculator from any corner of the world. Since the calculator is self-explanatory, you would not need much help using it. How To Use Step Up SIP Calculator? Step Up SIP Calculator is a free online tool that allows you to calculate the returns from the investments you have made in Step Up SIP funds. Step UP SIP Calculator is a very simple calculator that can be understood quickly. Here is how you can use the calculator without any issues or difficulty. The calculator works on the following four concepts: The “Monthly Investment Amount” field shows the amount of money you desire to be your monthly SIP investment in a mutual fund. Then comes the Expected Growth Rate, which is the rate of return you would want to expect from the investments you would be making in mutual funds. The length of time is quite important when you invest in a mutual fund. And most important is the step-up, which is the annual percentage growth in the value of your SIP investment accumulated over the investment term. Let us examine this with an example for an easier understanding of the whole concept of the Step Up SIP calculator. You are given an option to choose the percentage of step up. This step-up shows how much your SIP amount rises throughout your investment period. Let us say we take your step Up percentage as 5%, which means you want your investments to grow 5% over time. In other words, when you invest an amount of Rs. 50,000 in a year in mutual funds, your SIP would have Rs. 55,000 in the second year. And then, for the third year, Rs. 55,000 will be taken as the amount and invested, giving another 5% increase on this amount. Like this, you can make a significant amount over some time. And thus, like this, you would be able to feel your investments growing with the help of the Step Up SIP calculator, also known as the growing SIP calculator. Let us now look at how you can use the simple Step Up SIP Calculator. Step 1- First, you must put in the monthly investment amount you would be contributing to the mutual fund. Step 2- You have to put the period or the duration of the mutual fund you would be purchasing. This time is the duration till your mutual fund matures. Step 3- As the last step, enter the interest percentage on the calculator, and you are good to go. All you have to do now is click on the option ‘Calculate’ and you will be able to see the results in the next few seconds. The results would be having the amount of profit you accrue, estimated returns, a growth table and a growth chart. And therefore, by using the Step Up SIP calculator, you can calculate how much corpus you would be able to build by the end of the mutual fund. [B-02] Conclusion By now, you would have had basic information regarding SIP calculators and the concept of Step Up SIPs. Step Up SIPs are one of the many ways investors like you can invest indirectly in mutual funds. Step Up SIPs have made it possible for most individuals to invest in mutual funds and slowly build their corpus. These SIPs also help ensure that individuals achieve their financial goals and objectives quickly with a disciplined approach. In case of doubts about SIPs or Step Up SIPS and personal loans, consult the financial experts at Piramal Finance.

08-11-2023
Banking

How can I check my bank balance without going to the bank?

Today, dealing with money without going to the bank is easy. With digitisation, you can send money, receive money, check your account balance, and deposit money with just one click. Digitisation has made it easier, but you still need to monitor your bank balance. You need to know how much money you have in your bank account to find out immediately about any scams or failures. Do you want to know how to check your bank balance without going to a bank? This article will discuss easy ways to determine how much credit you have in your bank account. Before you check your bank balance, there are a few things you need to keep in mind. First, make sure that your phone number is registered with the bank. Second, ensure the contact number works so you can make and receive phone calls. Third, you should have set up internet banking services. Last, your ATM and debit card must be linked to your bank account. Here are some steps to follow to check your bank balance: [B-01] Net Banking Net banking is one of the fastest and easiest ways to determine how much money you have in your bank account. All you have to do is go to the website for your bank and log in. If you are not signed in, you will need to sign up. All you have to do to sign up is enter information like your phone number, account number, email address, debit card number, and CVV number. After you enter these details, a one-time password will be sent to you. You can set up your username and password after you enter the OTP. So, now you’re signed up and can easily log in whenever you want to see how much money you have. In addition to checking your bank balance, you can transfer money, pay bills, and do other online transactions with net banking. Text Messages You can also use text messages to check your bank balance. This service is available to all bank account holders. If you get SMS alerts when you register for a new bank account, your balance and the amount credited or debited will be sent to you after every transaction. Aside from this, you can also check your bank balance by sending a text message from your registered mobile number to the bank number. Use an ATM You can also use an ATM to check your bank balance. All you have to do is enter your debit card or ATM card and follow the steps given. Swipe your ATM or debit card. Type in the PIN (a four- or six-digit code). Choose the “Balance Enquiry” option. You can check your bank balance. One important thing to remember when using an ATM to check your bank balance is to use an ATM from your bank. You might have to pay a fee if you use an ATM from a different bank. You might have to pay an extra fee if you use an ATM from a foreign bank. Through UPI and other apps for banking With UPI and other banking apps, it’s easy to see how much money you have in your account. If you’ve never used UPI, here are the steps to follow: Download any UPI on your mobile. To send an SMS from a mobile device with a UPI app, make sure the SIM card for the registered mobile number has enough money on it and is active. To make sure your phone number is verified, the app will send you an SMS. After the verification, you will be asked to create a UPI ID and a separate PIN. After you set up your PIN, which is a four-digit code, the registration process is done. Remember that if you already have a UPI ID for one app, you can use that same ID for all other apps. Also, some apps can ask for your email address. In some cases, the email address might not match the email address that was registered. To see how much money you have in your bank account, go to the UPI app and choose the “check account balance” option. When you enter your UPI PIN, the balance will be shown automatically, and there is no charge for this. Contact the bank If you don’t feel comfortable using digital methods, you can also call your bank. But if the bank’s system is not automated, you might only be able to talk to a person during certain hours instead of all the time. Also, if the system is automated and works 24/7, you can easily check your balance by entering your account number and PIN. Set up alerts You don’t have to always check your balance manually. Instead, you can ask your bank to send you details whenever something happens. You can set up alerts to let you know when your bank balance is low or when a big transaction or withdrawal has happened. You can be notified by text or email. Missed Call When a customer makes a missed call from their registered mobile number, the bank sends a balance update message. To get updates about missed calls, you have to provide some information. The needed information is listed below. If your cell phone number is registered with the bank, you will get balance updates. The number must be active to make a missed call and get an SMS. This service should be available through your bank. [B-02] Final Thoughts After reading this article, you should have a clearer understanding of how to check your bank balance without having to physically go to the bank. Now that you know you can check your bank balance online and in other ways, do it often! People who want to know how to check their bank balance can get great help from Piramal Finance. You can read important blogs about easy business and personal loans, financial products, and solutions here.

08-11-2023
Other

How to check the balance enquiry number?

In the world we live in now, it’s essential to check your bank account often. It helps you keep track of your finances, like how much money you’ve spent on purchases and how much money is still in your bank account. It also lets you know if there have been any fraudulent activities or if money was taken out of your account for little or no reason. There are many ways for you to check your balance enquiry number. To check your balance enquiry number, you can either log in to your online banking account or use the phone banking services (via the missed call and SMS services). Here are some of the easiest ways to keep an eye on your bank account. But one important thing to remember is to register your phone number with the bank first. [B-01] SMS service to check the balance of your account People who don’t use digital methods or don’t have internet access may check their bank balances using the SMS service. Before the customer can use the SMS facility, they must use the SMS banking application form to register their mobile number with their bank’s home branch. Once the customer gets the confirmation message and MPIN saying that their number has been registered, they can use the SMS facility. Register your mobile number with the bank branch that handles your account so they can contact you. Once you have the MPIN, you must send a message to the Indian bank at their given number, (+91) 94443-94443, using a specified format. To check your balance, you can send the SMS as BALAVLBalance EnquiryBALAVL <Ac no> <MPIN> Then, in response to your request, they will give you a text message with the current balance in your account. In addition, the SMS facility allows you to see your mini-statement and the current status of your cheque. Missed call service to check the balance of your account Once you’ve given your mobile number to the bank, follow these steps to use the missed call service. You must register your mobile number with the Indian Bank. After that, you’ll need to give the number provided by the bank a missed call to find out what your balance is. After the bank gets the missed call, it sends you an SMS with the account balance. You can also use the toll-free number to find out how much balance is remaining in your bank account. You need to call the toll-free number for an Indian bank. Call the Indian Bank Balance Check number, 1800 425 00000, from the registered mobile number with the bank. Then, you must choose a language you can speak. The dedicated bank’s customer care representative then connects with you to help you with the process of checking your bank balance. Use an ATM You can also use an ATM to check your bank balance. All you have to do is enter your debit card or ATM card and follow the steps given. Swipe your ATM or debit card. Type in the PIN (a four- or six-digit code). Choose the “Balance Enquiry” option. You can check your bank balance. One important thing to remember when using an ATM to check your bank balance is to use an ATM of your bank. You might have to pay a fee if you use an ATM from a different bank. You might have to pay an extra fee if you use an ATM from a foreign bank. Through UPI and other apps for banking With UPI and other banking apps, it’s now very easy to see how much money you have in your account. If you’ve never used UPI, here are the steps to follow. Download any UPI on your mobile. Ensure the registered mobile number’s SIM card has enough balance and is active to send SMS from a mobile device with a UPI app. So, to verify your phone number, the app will send you an SMS. After the verification, you will be asked to create a UPI ID and a separate PIN. After you set up your PIN, which is a four-digit code, the registration process is done. Remember that if you already have a UPI ID for one app, you can use that same ID for all other apps. Also, some apps can ask for your email address. In some cases, the email address might not match the registered email address. To see how much money you have in your bank account, go to the UPI app and choose the “check account balance” option. When you enter your UPI PIN, the balance will be shown automatically, and there is no charge for this. Net Banking Net banking is one of the fastest and easiest ways to determine how much money you have in your bank account. All you have to do is go to the Indian Bank website and log in. If you are not signed in, you will need to sign up. All you have to do to sign up is enter information like your phone number, account number, email address, debit card number, and CVV number. After you enter these details, a one-time password will be sent to you. You can set up your username and password after you enter the OTP. So, now you’re signed up and can easily log in whenever you want to see how much money you have. Visit https://www.indianbank.net.in/ After successfully logging in, you can see a brief overview of your account and do an Indian Bank Balance Check. In addition to checking your bank balance, you can transfer money, pay bills, and do other online transactions with net banking. Passbook to check the balance of your account. When you open a bank account, you get a passbook. The passbook records all your transactions as long as you keep them up-to-date. When you open the passbook, you can see how much money is in your account. Keep your passbook up-to-date to see all your debit and credit transactions. Despite this, you should remember to bring your passbook to the bank to keep it up to date. [B-02] Final Thoughts After reading this article, you should clearly understand how to check your balance enquiry number. Now that you know, you can do an Indian bank balance check online and, in other ways, do it often! People who want to know how to check their balance enquiry number can get great help from Piramal Finance, a financial expert. Learn more about easy business and personal loan solutions and a range of financial services with us.

08-11-2023
Banking

How to check your bank balance online? 

Nowadays, banks provide their customers with online banking services that are pretty useful. Whether it is shopping online or paying a utility bill, everything is easy when you have a bank account with online transaction facilities. You can also deposit money in your account or transfer money to another account through online banking, right from the comfort of your home. However, it is essential to conduct a bank balance check regularly to know your account balance. Performing a regular online balance enquiry will also help keep you from falling victim to online fraud. [B-01] Like any other banking transaction, you can now do an online balance check for your account in many ways. Depending on what your bank has to offer, you can use SMS banking, Net banking, or UPI apps to check your bank balance online. Conducting an online balance enquiry is easy. However, there are a few things you need to remember before doing any online banking transactions: It is essential to register your mobile number with the bank. It will help you send and receive crucial information related to your account through SMS. You can choose to use net banking when you open an account so that you can do your banking online. Most banks have applications that make online banking easier. If your bank has an app, download it on your smartphone to access your account-related information anytime. UPI apps can also be used to conduct an online balance check. You can link your bank account with any UPI app to make online transactions easier. Make sure to apply for a debit card for your bank account. You can use your debit card to make card payments online or at POS machines. Different Ways to Know Your Bank Balance Online Do you want to know the different ways to conduct a bank balance check online? Here is a detailed list for you: Bank balance check through text messages- The easiest way for you to check your bank balance online is through SMS banking. Almost all banks provide SMS banking facilities to their customers. Also, you do not need a smartphone to activate SMS banking. You need to register your mobile number with the bank and link it to your bank account. This way, you will receive alerts on your phone through SMS whenever there is a transaction in your account. You will also receive bank balance notifications regularly. Online balance check through net banking A net banking facility is another easy way to check your bank balance online. If you are a first-time user, you can activate net banking for your account. Then, you must visit the bank’s official website to register. You can click on the link that says “Register.” Enter your account details and set a password. Once you set up your net banking, you can log in to your account from anywhere. You can use net banking to make payments or carry out other online transactions. You can also use it to check account-related information like your bank balance and transaction history. Balance enquiry through mobile banking Mobile banking has become an exceedingly common and easy way to do bank transactions. If your bank has a mobile application, you can use it as one of the easiest and quickest ways to check your bank balance. Just download the bank’s mobile application on your smartphone and register yourself by setting up a PIN. Once that is done, you can open your mobile application to check your bank balance anytime. Bank balance check through the debit card If you have a debit card linked to your bank account, you can use it to check your bank balance. However, you may have to visit an ATM for this. First, take your ATM card and insert it into the machine’s slot. You will be redirected to follow a certain number of steps on the screen of the machine. You can select the option “Balance enquiry.” You can also use this service to get a mini statement with details of your last three transactions. The machine will provide you with a printed copy of the same. Remember to use your own bank’s ATM. Using this facility on other bank ATMs may attract an additional fee. Online balance check through UPI apps UPI apps like Google Pay, PhonePe, and Paytm can also help you get your bank balance information at your fingertips. You can easily register yourself on any UPI app by following the following steps: Download your chosen UPI app from the Play Store on your smartphone. Open the app and enter the mobile number linked to your bank account. The app will automatically detect the account details linked to the mobile number. If not, you may manually enter your bank account information. Once done, you can access your account information through the app. You can use the app to check your bank balance online. UPI apps are pretty secure and protect your banking details with a PIN. You need this PIN to access your account details or conduct other transactions. It reduces the chances of your bank account details being misused. [B-02] Conclusion There are many ways to check your bank balance online. You can use any of the methods mentioned above that suit you best. Every bank provides different services to its customers. You can check with your bank for other options to conduct bank balance checks. When it comes to banking, never share your banking details and other financial information with others to keep yourself protected from fraud. Looking for more banking information? Visit Piramal Finance for more informational blogs. Check out our website for other financial services like housing or MSME loans, personal loans, etc.

08-11-2023
Banking

How can I check my bank account balance on the phone?

The days when one had to visit banks to enquire about their accounts physically are gone. With rapid technological advancements, we are indeed citizens of the digital age. Every service has worked towards making itself more accessible and convenient to use—and banks are not far behind. It is now possible to send money, check the balance in your account, and manage your finances from the comfort of wherever you are. If you’re wondering how to make banking more accessible and bring it to your fingertips, you’ve come to the right place. Here are five ways to check your bank account details from your phone. [B-01] If your phone has an active internet connection The internet has made all our lives easier by bringing banks straight to our doorstep. With various features such as net banking, banking apps, and UPI, checking your bank balance has become faster than ever. Here are some of these facilities explained in detail: Netbanking or online banking Netbanking is one of the most common and widely used methods to check your bank balance. To get started, it is helpful if you already have your net banking account set up on your bank’s official website on your phone’s browser. However, it is effortless to register if you do not have a net banking account. When you go to the “Login” option on your bank’s official website, you will be able to “Register.” You can follow the below-mentioned steps: The website will ask you for specific details that you should keep handy: Account number Mobile number Email address Debit card number CVV (the three digits found behind your debit card) Once these details are accepted, you will be asked to set a username and password. An OTP will be sent to your registered mobile number. Once this is done, you can log in using the username and password you set up. Once logged in, you can check your bank account balance by clicking on the “Check Account Balance” option. Netbanking allows you to carry out several other features, such as checking your bank statement online, sending funds, and other bank services. 2. Through UPI UPI, also known as Unified Payments Interface, is another way to check your bank account balance. However, there are a few prerequisites to this: Your bank account should be linked to your mobile number. It would be best if you had a UPI account set up. If you are a first-time user, setting up your UPI account is simple and convenient. First, download a UPI app of your choice (PayTM, Google Pay, and PhonePe are some popular choices). Here are the steps you can follow to set up a UPI account: Ensure you have enough balance on your registered phone number (the mobile number linked to your bank account). The app will check for accounts linked to your mobile number and validate them. The linked bank accounts will show up. Choose the one that is relevant to you. After verifying the above, you will be asked to set a unique four-digit PIN for the UPI app. Once you select your PIN, your registration is complete. Once you’re on the UPI interface, you should be able to see an option to check your account balance. Click on it to view your bank balance. Do note that you can also use UPI apps to make payments. 3. Banking apps As with the case of Point 1 (Netbanking), most banks will have a mobile application for their mobile processes. You can download the required app from either the Google Play Store (for Android users) or the App Store (for Apple users). Once you’ve downloaded the app, you can log in by following similar steps as with NetBanking. Once on the app, you should have the option to check your available bank balance. Banking apps are versatile and can be used for other activities like banking services—loans, bank transfers, and much more. If your phone does not have an active internet connection Perhaps you will have to enquire about your bank balance, but you might not have access to mobile data or WiFi. If that is the case, there is no need to worry—there are other means to reach your bank. Here are some ways you can check your bank balance if you do not have access to the internet: Sending an SMS to your bank SMS services are one of the quickest means of enquiring about your bank balance. You can get your account balance details by sending an SMS to the respective bank’s number from your registered mobile number. It might also help to enable regular SMS alerts on your mobile number. SMS alerts can be enabled when setting up your bank account or using net banking services. This allows you to regularly receive updates whenever transactions are made from your account. Please note that regular SMS charges will apply to the use of this service. Calling your bank For those who wish to approach this traditionally, you can also call your bank on their customer service number and enquire about your bank balance. This number will be unique to every bank and is convenient if you’re not tech-savvy. Please note that, unlike other banking services, this might not be available 24/7. However, if the bank’s calling system is automated, then you might be able to call them at any time in the day and ask about your balance by following the instructions narrated on the phone. You will be asked to enter your account number, and you can get your account balance details immediately. [B-02] Final Thoughts Hopefully, this will get you started on how to check your bank balance from your phone, wherever you are, regardless of whether you have an internet connection. Keeping these options in check will allow you to manage your finances and easily track your expenses. Read more related blogs on the Piramal Finance website to explore our financial products and services, especially those on personal loans, credit cards, and financial calculators.

08-11-2023
Schemes

What is NPS, and How is it Calculated on the NPS Calculator?

The Government of India has implemented NPS, a pension savings and investment program. The PFRDA oversees and controls this program. NPS provides financial stability for Indian retirees. It gives citizens various secure market-based choices for saving for the future. This is open to all employees in the private and public sectors. In the NPS scheme, people can make a minimal addition of Rs. 6,000 in a financial year. This can be paid all at once or at a minimum of Rs. 500. The money people pay to the scheme is invested in debt and stocks. The rate of return depends on how well these investments do. NPS’ interest rate is between 8% and 10%. Anyone can calculate their lump sum NPS amount on the NPS calculator. [B-01] NPS provides two sorts of accounts, called Tier-I and Tier-II. The retirement account drawing limit is called a Tier-I account. Tier-II is an opt-in account that allows for easy deposits and drawings. After three years of opening an account, the subscriber can take out up to 25% of their amount from NPS. These funds can be used for high-level purchases like buying a home, paying for a child’s education, or treating a severe illness. Elements of NPS Here are some of the most crucial aspects of the NPS: NPS invests some of its funds in stocks and bonds. The scheme offers annual rates of return between 9% and 12%. If a person is unsatisfied with the fund’s performance, they may replace the fund management. Section 80C of the Income Tax Act allows for a deduction in NPS of up to Rs. 1.5 million. Tier-I accounts must put in a minimum of Rs. 6,000 every year, in addition to a minimum one-time deposit of Rs. 500. Tier-II account holders must add an annual minimum of Rs. 2,000 and a past minimum of Rs. 250. After retirement, one cannot withdraw the whole amount from NPS. After retirement, you may only take 60% of the cash from the NPS account. The balance amount of 40% is deposited in the pension plan to acquire a monthly income. An NPS account may be created either online or offline. You may withdraw up to three times per five years during the term. After three straight years of holding an NPS account, one may withdraw up to 25% of the collected money. Eligibility For The NPS Scheme Any Indian citizen can open an NPS account. The age of the applicant must be between 18 to 60. The applicant must meet all KYC regulations. The applicant should not already have an NPS account. Setting Up A NPS Account It is possible to create an NPS account with the Pension Fund Regulatory and Development Authority online or offline. You may join the NPS scheme using either the eNPS internet portal or the paper-based offline method. Use of NPS Calculator Subscribers can use the NPS calculator to determine their provisional lump-sum payment and pension amount. With the NPS calculator, you may determine how much money needs to be invested in an NPS plan and how close you are to reaching your financial objectives. The formula considers the following: Monthly payment amount The projected rate of return on investment A portion of the corpus used to buy the annuity The estimated rate of return on the annuity People get confused between the NPS calculator and the RD calculator a lot. They are different as the RD calculator is only used to find interest and maturity you will earn via a recurring deposit. How Does The NPS Calculator Work? Follow these easy steps for using the NPS calculator: Step 1: Put in the amount you want to invest each month. Step 2: Type in your current age. Step 3: Select the expected rate of return and get the results immediately. Do note that the NPS calculator only gives you a rough idea of how much your pension will be. NPS calculator does not give you exact numbers. You can easily access and use NPS calculator online for free. Withdrawing From Your NPS Account At 60, retirees may start taking their money out of their NPS accounts. NPS allows for early withdrawals under specific circumstances. Let’s take a look at how NPS funds may be withdrawn. Withdrawal at Age 60 If the plan matures in 60 years, users can withdraw 60% of the accrued corpus from their NPS account. The remaining 40% will be utilised to buy an annuity. Subscribers must provide the aggregator with the withdrawal details and bank account. The aggregator uploads these details to the CRA system for processing. Withdrawing Before Age 60 After 3 years from the account’s opening, partial withdrawals are allowed. Each member may withdraw up to 25% of their entire portion. Withdrawings made before their scheduled time are only permitted in specific situations. These situations include paying for: a child’s education, buying a home, or treatment for severe health issues. At any point during the term, subscribers may request a withdrawal, with 3 requests permitted in 5 years of tenure. Tier I accounts are the only ones for whom these guidelines apply; Tier II accounts are not affected in any way. Withdrawal Upon Subscriber’s Death In the unfortunate event of the death of a subscriber, the entire corpus will be paid out to the designated beneficiary or their heirs. The beneficiary or legal heir must contact the aggregator to request the drawing of funds. They should provide the required documents, such as: the beneficiary’s or legal heir’s identification, a death certificate, etc. [B-02] Conclusion NPS is one of the safest investment modes, especially for senior citizens. You may want to invest in NPS if its regulations and perks fit your risk tolerance and investment goals. Between 18 and 60, you can open an NPS account and start investing. You can calculate your lump sum amount of NPS onthe NPS calculator. To get more information on financial calculators, credit cards and personal loans, visit Piramal Finance.

08-11-2023