While banking, one often comes across the term CIF number or CIF code. So what exactly is this? In this article, we will discuss the meaning of CIF number, along with how to find out…
Posts By askfinance
Bank of Maharashtra BOM Account Closing Charges
Bank of Maharashtra Account Closing Charges: Refer below to find the charges for closing an account in Bank of Maharashtra. Individuals savings bank account INR 200 Non-individuals savings bank account INR 500 Individuals current bank account…
How to Calculate Gratuity in India | Gratuity calculation Formula
Both private sector employees, as well as government employees, are eligible to receive the gratuity. The gratuity amount is tax-free if it is given according to the formula prescribed by Payment of Gratuity Act, 1971.…
Canara Bank Account Closing Charges
Canara Bank Account Closing Charges: The charges for closing account in Canara Bank is as follows: Savings bank account INR 200 Current bank account INR 750 EXCEPTIONS: No charges is applicable if the account is…
Sukanya Samridhi Yojna Account | Interest & Calculator | Scheme Details
Sukanya Samridhi Yojna Scheme Account is aimed at the prosperity of the girl child in the society. It has been formulated under the Beti Bachao Beti Padhao scheme of the Prime Minister, Narendra Modi. The…
Gratuity Eligibility and Rules in India
Gratuity is a retirement benefit that is tax-free subject to certain rules. However, people often get confused about the various aspects of it. So in this article, we will discuss the meaning, eligibility criteria, rules,…
What is PRAN Card & How to get duplicate PRAN Card?
What is PRAN PRAN stands for Permanent Retirement Account Number. It was introduced on 1st January 2004. It is applicable only for the central government as well as state government employees till date. PRAN card is…
How to transfer money via IMPS, NEFT, RTGS, UPI, BHIM, IMPS & NUUP
Gone are the days when people stick to just one bank account for all their savings. One would like to transfer money from the bank to another and maintain a balance. Let’s say one bank…
Bank of India Account Closing Charges
Bank of Baroda Account Closing Charges: The charges for closing an account in Bank of Baroda is as follows: Savings bank account INR 222 Current bank account INR 445 NOTE: The charges are valid only if…
Income Tax Return Forms AY 2017-18- Which form to use?
New Income Tax Return Forms AY 2017-18 are notified by Central Board of Direct Taxes (CBDT). To make ITR filing easy some changes are made in the ITR forms, the format, however, is similar to the…