Financial – Page 4

February 25, 2014Financial, Legal

Factors to be considered while choosing Life Insurance providers: Example SBI Life Insurance

Below are the confirmations I have while buying SBI life insurance: 1. Does this policy cover all types of death (excluding suicide within one year from the risk commencement date), in particular 1. Terrorist Attack 2. War 3. Natural Disasters like earthquake/tsunami 2. What kinds of deaths are not covered in this policy? Under the eShield Level Cover plan all types of deaths are covered. However, there is only 1 exclusion i.e. Suicide within a 1 year from the Date of Commencement. After 1st policy year, we cover suicide death also. 3. Will the nominee get assured sum if my […]

February 17, 2014Financial

Axis Bank Online Fixed Deposit Closure Request: Terms and Conditions

Terms and Conditions: For a premature encashment of TD of contracted amount less than Rs.5 Crore, interest rates shall be the rate applicable for the period the deposit has remained with the bank or the contracted rate, whichever is less. For NRE deposits no interest will be paid if the deposit is closed prior to the minimum tenure of 1 year. Request will be processed only if the FD/RD & savings account is under the same customer ID. This facility is available on Internet Banking only to customers having a Single Ownership account status on Fixed Deposit. On closure of […]

February 17, 2014Financial

Axis Bankl NEFT Transfer Terms and Conditions

Please Note As per the RBI guidelines, the transaction credit will be effected based solely on the beneficiary account number information as provided by remitter and the beneficiary name particulars will not be used thereof. Please click here ‘Transaction Limit’ to view/enhance/reduce your limit NEFT transactions will be charged as per the following criteria: On Saving accounts – The following charges would be debited (i) a charge of Rs. 2.50/- (+Taxes) per transaction for transactions upto Rs.10000/- (ii) a charge of Rs.5 /- (+Taxes) per transaction for transactions greater than Rs.10000/-. On Current accounts – NEFT charges as per charge […]