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Several cases of fraud have come to light where cyber fraudsters post fake ads of flats.
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When the amount in this account is not claimed for eight years, the bank declares it as an Inoperative account and transfers the deposited money to the Deposit Education and Awareness Fund (DEAF).
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Compared to general insurance, life insurance has a higher incidence of frauds.
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In NPS, Pension Fund Regulatory and Development Authority has created special fund for retirement. You can start investing by registering online on the eNPS website.
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If you do not buy insurance, then, the bank cannot reject your application for the loan. The bank may request you to purchase insurance, but cannot force you.
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The Reserve Bank of India has started a campaign named '100 Days 100 Pays' for the country's banks
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16 lakh cases of cybercrime have come to light since 2020. More than 32,000 FIRs have been registered on these 16 lakh cases
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While documents and valuables such as jewelleries can be stored in lockers, cash, weapons, hazardous substances or narcotics are to be declared as strict no-nos
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Who should invest in mutual funds to arrange for making down payment for a house and who should invest in fixed instruments…
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The Reserve Bank of India began increasing interest rates in May 2022. In the past one year, the RBI has increased repo rate by 2.50%. This is the interest rate at which RBI lends money to other banks. Due to repo rate hike, banks have also increased deposit interest rates. People used to get 4.50 to 5% rate of interest on fixed deposits. Now, FDs are giving returns of 6.5 to 7 percent…