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Category Archives: Finance

The Advantage of Credit Preservation Loan

Managing finances in the present times is challenging for all and sundry. There are many people who strive to ensure that there arises no fiscal hassle in their financial life. However, at some or the other stage in life, the situation arises that many of you find yourself trapped in debts. Paying huge amount of money for clearing debt can make things complicated in your otherwise smooth life. This is primarily due to the fact that credit card debts are extremely high in comparison to other forms of available loans. If this is the situation with you then applying for credit preservation loan makes for the right decision. In addition to fast payment, there are several other advantages which tag along with this loan.

When you apply for this loan, you are able to get access to funds which help you in paying credit card debts almost immediately. There might be very possibility for you to think of the reason why it is called preservation loan. The answer is simple – it not only allows you get rid of debts but also makes it possible for you to preserve your credit card ratings by making timely payment to the money lenders. And, it is because of this reason many people find this loan the right answer to financial dilemma.

Just like other available loans, it also has a principle amount as well as rate of interest. However, it is important for you to know that amount sanctioned in case of preservation loan is comparatively high and can cover several other small loans which are available in the market. This helps borrower in saving a lot of hard-earned money on paying different kinds of loans. In addition, no longer a person has to worry about nagging money lenders and creditors when you have received loan in the form of this loan.

Those of you who are thinking to apply for this loan can enjoy several advantages as these loans can be procured without having to put in many efforts. Application process for these loans is also easy and fast. All that it will take is a few minutes for you to fill an application form available on the website of the money lender’s website. You will come across several lenders offering this loan which is an advantage as you can compare and choose the best of the available loan. Fill online form with correct and genuine details so that you can get approval easily after verification.

With technological advancement and availability of online application form, it has become a lot simpler and easier for money seekers to apply for loan. From anywhere you can apply for credit preservation loan and gain much needed financial respite without any delay. You will get the amount sanctioned as per your existing salary and ease of making repayment. There is very possibility you might fetch low rate of interest too provided you compare loan deals before making the decision. Money sanctioned will be wired into your bank account within a day or two working days.

The Depository Participant for a Demat Account

Investing in the stock market will provide you with high returns. With the right market conditions and the right investment strategy, you can easily get high returns with a small investment.

However, when investing in this financial endeavour, there are certain things you must be first aware of. The first thing you must be aware of is the demat account and how it functions. A demat account can be held by any individual, with the assistance of the depository participant.

So how does this depository participant function and why is it important to the functioning of the demat account? Given below are the required details about it.

Who is the depository participant ?

A depository participant is a financial entity that holds the account holder’s stocks and records. It also receives all the trades for purchasing or selling of any stock. The depository participant, also known as the DP opens your account with an allocated account number and DP ID number. Whenever an account holder purchases or sells a stock, this ID number must be mentioned. One of the main advantage of the DP is that the investor can hold his whole portfolio of mutual fund units, shares and other securities in a single demat account. In India, there are depositories namely the National Securities Depository Limited (NSDL) or the Central Depository Services Limited (CDSL).

What are the functions that the depository participant performs ?

The DP functions as a financial entity that facilitates the dematerialization of shares that are held in a demat account. In other words, the DP ensures the safe keeping of an account’s portfolio in securities. With the instructions given by the account holder, the depository participant can facilitate the transfer of securities from one account another. Therefore, the transfer of ownership of securities is affected by the depository participant. The DP also acts as an important intermediary. Any decision pertaining to transactions such as bonus shares of annual dividend are executed via the depository participant.

What are the services provided through the depositories ?

The depositories offer the major service of dematerialization of shares. Through dematerialization, there is an elimination of certain risk, such as false securities, bad delivery and other similar ventures. It can also share transfer from one DP account to another, on an immediate basis, without any requirement of stamp duty. It also facilitates nomination facility, making it extremely easy. If there is any change in the address of the correspondence that is registered with the DP is automatically gets registered all other companies where the account holder holds any shares. The depositories also facilitate the holding of different securities such as debt, equity or other government securities in a demat account.

Cloud Computing in Financial Sector

Cloud computing is slowly making an impact on the financial sector. Financial stakeholders understand the financial advantages associated with cloud computing. They are wary of the risk related to inefficient management of data assets.

Cloud Computing Can Be Categorized into 4 Models

Public Cloud

Public cloud services can be accessed by the client from a third party provider through the internet. However, the client’s data cannot be visible to the public. An access control mechanism is given to the clients. They are flexible and cost effective.

Private Cloud

A private cloud delivers several advantages of a public cloud – flexibility and excellent service. It also ensures data and processes are handled effectively in the financial institution. It enhances security.

Community Cloud

It is used by a cluster of institutions with common objectives. All the members share the data and application.

Hybrid Cloud

It is an interface between a public and private cloud. Information which is not business critical is sent to the public cloud, while sensitive business information is retained in the private cloud.

Some of The Challenges Are:

Handle The Risk – Governance and Compliance

Facilitating compliance with the organization’s policies and anticipating risk would ensure the long term organizational objectives are achieved.

Deliver Efficient Tools

Delivering efficient tools that improve the efficiency of cloud computing and reduce cost is vital for the long term success.

Enhance The Transparency Level

Enhancing the transparency level would establish the trust which is vital for business transactions.

Increase The Existing Security

Financial institutions must seek strict safety standards from the vendors and make sure the latest applications are in sync with tougher security standards.


Ensuring the applications are ready to manage any disaster or unexpected event would boost the overall confidence in the system.

Cloud Management

Accomplishing visibility and assessing results are difficult, if it appears mega financial institutions would receive cloud services from many service providers. If they intend to utilize them internally and externally, it would mean the institution must manage various security systems.


Financial institutions must make sure data and applications can be transferred across various cloud surroundings from many providers. It would be advisable to establish a distinct network and a management structure that can function across multiple platforms, both privately and publicly.


The procedures that govern the cloud differ globally, from one nation to another. Several nations data safeguarding laws enforce restraints on data storage, restricting take-up. Hence, the regulation of the cloud is critical.


Cost Cutting

Cloud computing would enable the financial services firms to reduce investment in specialized hardware, software and human resources. It would be simpler for them to upgrade the existing IT infrastructure. The pay-on-demand model of cloud would ensure, only the services being used would be billed. Overall, there is a significant cost reduction.

Enhance Scalability

It provides the firm, the capability to expeditiously reply to transforming market, customer and technological requirements. It could be scaled upwards/downwards according to the business requirements. This would provide a key competitive advantage.

Improve Effectiveness

The organizations within the financial sector would benefit from improved efficiency ratios and operating leverage. The normalization intrinsic in the cloud would simplify the process of unifying advanced technologies and applications in the coming years. Since, technology and processes can be meticulously linked, the cloud provides the financial institution a chance to eliminate intricacy.

Exceptional Client Servicing

It ensures modified and bundled products and services are not difficult to establish, as a stand-alone or sharing method. It removes the supply chain interruptions for the IT infrastructure and services.

The financial institutions would be able to bolster computing capability to be in line with demand pinnacles. They can deliver the advanced treasury solutions without being concerned about the quality of the technology. Corporate clients can access any banking system utilizing any browser from any location at any time.

Financial Institutions Are Seeking the Following Prospects from A Cloud System:

  • Robust technology structure to be in sync with the transforming requirements of the business.
  • Highly efficient and cost effective infrastructure that is scalable.
  • Completely automated service delivery to accomplish dexterity.
  • The delivery of shared services throughout reliable domains, ensuring data security.
  • The availability of internet centred model utilizing high capability bandwidth and universal connectedness.
  • An acquisition model that ensures the institution and the customer can leverage relevant services.
  • A reduction in start-up costs and improved competencies that relocate capital expenditures, thereby ensuring the financial institutions can emphasize on business results.
  • The capability to provide customized products and services throughout the business operations.
  • The use of business model that ensures the financial institution’s expenditure is linked to consumption.
  • The establishment of economies of scale would enable the financial institution to outsource various IT competencies.

The business model of financial institutions has changed drastically in the recent past. The interface between business operations and technology has expanded. Financial institutions have the capability to establish a server based application delivery model.

Way Sort Education Finance Concerns Efficiently

Education is highly expensive nowadays and costs for higher studies are shooting sky high. It is foresure that with the handful of savings that our parents have will prove insufficient in front of the creeping costs of education. Therefore, they might opt for various ways for quality education like traditional finance, property mortgage etc. But education loan has come as the best helping hand for student to pursue quality education at low costs interest rates, fair amount of time to repay the loans and more importantly flexible ways to repay them.

However, when it comes to choosing the amount, interest rate applicable, tenure taken, principal amount deduction it’s a big dilemma for people. Therefore, banks and firms have introduced Education loan Interest to make life easy for students in choosing the best loan facilities.

While taking loan parents and students often stuck in lot of pros and cons and are mostly unable to figure the exact amount sufficient to meet their requirements especially for higher studies. Another big concern is that they are often tensed is the repayment modes and flexibility options available to clear off the debt at optimum costs with maximum term in hand. With Education loan Interest you can easily estimate your monthly loan payments amount in a matter of seconds. These calculators help to lower the repayment burden as well.

The interest rates on education loan are either fixed or variable basis. It ideally varies with the category of the course and location where the student is going to pursue his or her studies. If it’s foreign studies it will be expensive compared to Indian studies. These education loan calculators let borrowers to enter their total income, their domestic status, loan amount, interest rate applied etc.

Once you provide this details an array of principal amount calculated, EMI set, interest calculated, timeframe till when you need to clear debt will be displayed on your computer screen. These calculators also facilitate users to know the balance of their education loan after some period. Some loan interest calculators on comparison sites provide dropdown menu that allow borrowers to choose amongst similar categories loans for local & abroad that will assist families to consolidate loan amount and interest rates.

While identifying EMI, variable like your marital status, age and how long you will be attending studies, extra income source can be utilized for equation.

What you can contribute and what scholarships or concession you have in hand will also help study loan calculator to draw conclusion on facts like what amount of debt you can expect to take on, or cost after pursuing higher studies? This will let you know your risk appetite. While calculating loan is a tuff part and never seems to be happy story, with Education loan Interest atleast things are simple and sorted. Every person who pursue higher studies might face high or low in career, job prospects and money savings but education loan calculator makes these debt more manageable, and, in the long run, worthwhile. It helps students and parents stay mentally prepared with the loan structure, their outstanding amount from time to time and flexible options available to clear off the debt. More importantly it sets a peaceful frame of mind to get an effective approach plan for clearing education loan.

In order to make sure that no student is denied of pursuing higher education, various banks and private finance firms in India have come up with low education loan interest rates, flexible repayment options and better repaying tenure facilities for educational loan scheme. And Education loan Interest act as perfect guide that will help you ease the processing of complex calculations with flexible repayment procedures as well.

The Benefits of Investing in SIP Mutual Funds

Investments are made solely with the aim of acquiring attractive returns in the future; for some they portend short term returns while for others, they are an assurance of long term returns. SIP Mutual Funds facilitate the savings of individuals in the most orderly manner. Mutual fund investments have become a hot property for those with heavy pockets and SIP mutual funds come to the rescue of all investors, big and small. Prior advice and guidance from Fund managers or experts helps you invest in the correct manner.

Investments through credible brokers:

Brokers often offer investors aggressive and conservative SIP mutual fund options. The former involves making investments in at least two large-cap stocks and 3-4 mid-cap stocks while the latter involves investments in at least five large cap stocks. Some finance institutions go a step further with an additional ‘moderate’ option of investment. Under the circumstances, Brokers apprise investors consistently about all updates and performances of the stocks in question.

You should leave the decision of selecting the most suitable stocks to your broker /finance experts as they are skilled professionals in this domain. They guide you towards understanding the risks and the returns which you may be totally ignorant about.

SIP Mutual Funds include investments of your money across sectors in established industries which have a proven track record of positive performances over a period of at least 6-7 years. This diversification of your funds helps reap the greatest rewards over a long time-frame. Your savings are compounded & the returns are striking. You must remember though, that the performance of these stocks has to be consistently progressive. These funds are a panacea for unstable economic situations as they safeguard your funds to the hilt.

SIP Mutual Funds comprise of the highly risky, Equity-based Growth Funds, totally dependent on the performance of the stock market. Investments upto 6-7 years in these funds bring highly lucrative returns to investors. The less risky, Equity-based Balanced Funds, involve investments in Equity & Debt. A lock-in period of at least 3 years guarantees investors with impressive rewards. You can also consider Debt-based Income Funds and Debt-based Ultra short term funds. The former requires a time -frame of at least 3 years while the latter requires only two years and would not reap you great benefits.

Investments in SIP mutual funds offer you the luxury of re-investing the returns you receive at the end of the said tenure. This simply means more benefits and more wealth for investors.

Types of Credit Card Processing Services

There are many merchant services that offer different ways to process credit card related transactions. Choosing the correct process for transaction purposes can lead to the efficient and smooth running of the business. The four methods of services which people should be aware of are online, terminals, manual transactions, and mobile terminals.

In this article, we will explain each process in detail to help you understand which method would fit best for your company or business transactions.

POS Terminals

Terminals are basically the card readers that are used by retailers where customer’s card gets to slide into their magnetic strip while paying for a product. There are also terminals which can be simply tapped to complete the transaction and they are known as “tap and pay.” Such terminals read cards using Radio Frequency Identification chips inside them.

Irrespective of which terminals you plan to use, these machines are attached to retailer’s cash registers and the transaction is processed using internet connection.

Online Processing

Online processing of credit card payments involves using an online website to sell services and products. We all have experienced and seen the option of shopping cart provided by merchant services which help customers to place the order for goods quite easily.

This method of card payment processing is one of the best choices for those who sell their products through online portals. This type of service is also very convenient for customers for purchasing products online.

Mobile Transactions

Mobile terminals are quite portable and are plugged into mobile phones. In this process credit card is swiped through the mobile terminals and the transaction is processed through mobile internet. There are many merchant services that can also process the payment without the terminals. There are special applications on the phone where the retailer types the card information and the application sends the payment information directly to the merchant services and the payment is further processed. This method is constantly used by the sellers who are involved in door to door selling and constantly travelling.

Manual Transactions

The manual transactions for card payments are processed without any use of the electronic machine. Merchants use manual imprinter of credit card and create a copy of consumer’s credit card. The manual imprinter machine is placed over the credit card and a special piece of paper is kept on it. The lever of the machine is pulled which reads the raised information including card numbers against the paper.

If the process is done properly, the card information and letters get printed off on the paper. As soon as, the process is complete the information is further manually typed and sent to the merchant services. This method is extremely helpful to those businesses where credit card transactions are less, on daily basis.

To conclude, every type of business looks for efficient method to provide the best payment solution to the customers and to save card fees. To improve and give the best merchant services there are few added services offered by many companies such as high-speed terminals, low processing, backup connection for the emergency, wireless terminals.

Always consult the experts of a service company and discuss the business requirements and accounts. They will guide you in setting up the payment service and also give technical support and backup options in case of any concerns.

Information about Instant Money Transfer

Over the last few years, the field of electronic funds has witnessed a rise over the past few years. This has resulted in an increase in the opportunities in the e- commerce and m – commerce industry. Banks and financial institutes are now interconnected via a centralised network, thus allowing easy access to any account details on the central server. This enables users to transfer funds between any accounts, although there is considerable distance between each of them.

Banks have introduced several additional services making financial transactions a convenience for many. Amongst these services, the instant money service has been one of the most beneficial ones. Instant money transfer service, is an innovative card less cash withdrawal service. Through this service, you can remint funds to anybody within the locality or country. In some cases, you can even transfer funds to another individual, just by providing a mobile number. The receiver can then withdraw and access the funds from the account, without the requirement of using a banking card.

When to make use of the instant money transfer?

One of the main benefits of this money sending service is that it can be used at any time. Additionally, the beneficiary can have access to instant cash anytime they require it. This service is beneficial for cases wherein :

  • The receiver needs instant money
  • The receiver needs to make a cash transfer
  • The receiver does not have a bank account
  • The receive is not in the vicinity where cash can be delivered.
  • The sender does not have details of the receiver’s account number

How does instant money transfer work?

Instant cash can be transferred to any mobile number in India. All you need to do is provide the beneficiary’s mobile number. In order to make the fund sent, the sender or receiver must login into the internet banking service and initiate the money transfer. The sender and register must then register a one-time account by entering one’s name, mobile number and the required address details. Once both the accounts have been registered, the money transfer service can be initiated once both parties receive information about the details of the transfer.

Normally the details regarding this transfer include:

  • Transfer amount
  • SMS code, which provides the authority to withdraw funds
  • The unique code referring to the transfer
  • Expiry dates of the transfer.

Instant money transfers withdrawal

Once the process has been completed, the beneficiary can access the funds through the bank’s ATM or even use the funds directly from the instant money transfer account. When withdrawing funds directly from the ATM’s account, you will need to provide details of:

  • The mobile number on which the transfer details were received
  • Sender’s code
  • SMS code
  • Transfer amount

Advantages of Community Trust Bank

Banks have been introduced so that people can easily utilize their money in a secured way. In old days, wealth was hardly utilized in a proper channel as there was no specific planning.

If you are looking forward to selecting a checking account, then Community Trust Bank Surrey will be the right place. The staff members involved will assist you in selecting a checking account that will help you in building your finances along with meeting specific needs.

The bank feels glad to provide convenient options along with benefits for such specialized checking accounts. Some highlighted options along with benefits include:

  • Avoiding low monthly maintenance fee when low balance is maintained
  • Free flex debit card
  • Access to 24-hour banking through round the clock convenience line
  • Mobile banking
  • Internet banking with bill payment option
  • If you have a branch of Community Trust Bank nearby your dwelling place, then it will be good to avail membership in order to fetch numerous benefits.

Availability of Electronic Transfer Account (ETA)

Some highlighted benefits in association with Electronic Transfer Account include the following:

  • Easy availability of account to individuals who receive a federal benefit payments
  • You need to provide minimum deposit per month. It may include federal benefit, wage, salary or retirement payment.
  • Transactions must be related to over-the-counter and ATM card only
  • There remains no requirement of holding the minimum balance
  • Highly nominal and justified monthly maintenance charge needs to be paid. It generally fluctuates between $3 and $5.

Flexible Checking

Flexible checking by Community Trust Bank Surrey is gaining high popularity due to the following reasons :

  • You need only about $100 for opening such an account
  • Practically, it requires no monthly maintenance fee and minimum balance
  • You may easily go for unlimited writing of check
  • You may use first few checks free of cost
  • Enjoy unlimited deposits
  • Get monthly statement
  • Enjoy flex Debit card and transaction free of cost

Unlimited Checking

In a case of unlimited checking, if you are holding minimum daily ledger balance of about $500, then you need not pay any penny for monthly maintenance. You will also get benefitted with unlimited check writing, monthly image statement along with free flex ATM card and transactions.

The bonus pack option includes the following choices:

  • Savers Club
  • Purchase Protection and Extended Warranty
  • Payment Card Protection
  • MyIDMattersSM
  • Medical Emergency Data Card
  • Key Ring Protection
  • Discount Shopping Service
  • Accidental Death Insurance
  • Rx Advantage Prescription Drug Program

CTB 55 plus Club Checking

The CTB 55 plus Club checking from Community Bank Trust is available to individuals who are 50 years older and more. You need only $100 to open it! If you are a holder of minimum ledger balance of at least $5,000; then you hardly require any monthly maintenance.

Along with unlimited check writing, there will remain no issue fee against cashier checks. You may expect to fetch $10,000as Accidental Death & Dismemberment Insurance. Each and every newborn grandchild will be provided free $10 savings account.

You will also be presented with special seminars along with travel and merchant discount. The Insurance is subject to policy eligibility, terms and exclusions. As it is not a bank guaranteed item, it is not a deposit.

Way to Manage Accounts Efficiently

Maintaining good accounts is of vital importance to the know how the business is performing and check the money in and out of business. With proper and accurate accounts, there is no need to remember business transactions as all the records are stored if needed in the future for verification by an auditor. The permanent records must be maintained in an organized manner if required by the government for audit.

It is important to check the financial health of the business is good or not with correctly maintained accounts and records. Business is said to run smoothly when the accounting system is reliable, and produce accurate and updated financial information and has good and maintained records. The tax calculation must be made with the help of efficient accounting system. The financial statements and reports give a clear picture of how cash flows in and out of business.

It also helps to keep track of the company’s money, show how the company is performing on the daily, weekly or monthly basis and make it easier to prepare the company’s income tax return. There are many general accounting systems that all small businesses are using to earn more profit, revenue, sales and keeps the money related transaction on time. Many companies in Ipswich provides Accounting Services to take care of your books, accounts, and records.

The accounts receivable and payable must be checked to know how much cash is going in and out of the business. Accounts receivables are the amount of money that a consumer owes a company for the service or product taken on credit. Accounts receivables are the sales and profit earned by the company that is not yet paid in cash from the customer. The Accountant must trace the accounts receivable and payable. Steady growth and maximal earnings are important factors in maintaining accounts.

While accounts receivables are considered as currents assets, it remains difficult to consider a product or a service as sold or purchased unless it has been paid in cash. If there are regular sales of products or services to many customers it is necessary to maintain the efficient accounts receivable system, the cash flow in your company will be negatively affected. Check the profit or revenue earned by the business at the year end to give trust to the investors, bankers and creditors that business is performing well and investment are safe. If necessary, ask for feedback from other companies they have previously done business with.

Some businesses already have a long list of unpaid credit, which is a good indicator that the business is having required cash, resources, and good finance. It is best not to forge long-term arrangements with them until they’ve completely sorted their finances out. Many companies offer Tax Returns Services in Ipswich for preparing tax documents and return your payable tax from the government. The accounting system is important to maintain correct accounts required to check the daily cash sheet and ledgers for accounts receivables and accounts payables among others.

Reducing the time and effort spent on simple tasks such as managing accounts, which can be time consuming can be gained by using accounting system to maintain good records and accounts with competencies and opportunities to grow the business.

Corporate Finance Consulting

Finance is now part of most common and trivial activities of routine life. Be it marketing, selling any wares, assistance to any person in any form, finance forms the core element. Finance having widespread branches is not merely confined to regular chores of life. In tune of this discussion, comes the concept of Corporate Finance. Corporate Finance, as the name suggests, deals with the sources of funding for big corporate houses and multi-national companies. It is nothing but the steps taken by managers to make the body corporate more viable and lucrative to share-holders and the tools and scrutiny deployed for allocation of financial resources.

As Corporate Finance is big in itself, there are a number of streams of work associated with it. Such activities come under the purview of Corporate Finance Service. Corporate Finance Services includes a wide range of assistance like managing money, which includes banks, credit-card companies, insurance companies, accountancy firms, investment management companies ,stock broking firms -to name a few. Many of them provide a series of

services under one umbrella.

Corporate Finance is quite complicated, specially to an organization or a person just being a fresher and thus comes the idea of Corporate Financial Advisory. The basic ideology behind this is the variety of advisory services that are offered to the MNCs and conglomerates about the financial aspects of operations. Such services may either be provided by Boards of the companies constituted particularly to give shape to this idea or by bodies of professionals, being experts. Moreover, among the numerous finance service, which one is the best suited for a particular company is best judged by Corporate Financial Advisory.

The foundation on which the work of a Corporate Financial Advisor is based on is facilitating mergers and acquisitions, joint venture, disposals, apart from others. They are often found in consortium with large investment banks or corporate advisory firms.

It may be pertinent to mention here that strategies that are adopted for a specific company is totally different from that of another.. Strategies are the clever techniques that are adopted to tide over war-like situations. These strategies are being designed by Corporate Finance Consulting mechanism. The work is basically the linking of capital markets ideologies, corporate strategies and financial strategies to help executives and their teams for value-addition purposes.

Worldwide there have been quite a few firms well-known in their area of expertise as Corporate Financial Consultants. Famous ones are A.T. Kearney, PwC, Ernst & Young, Mckinsey & Co., Bain & Co. Deloitte, BCG, and KPMG.

Among the new and rising firms is the Antar Consultants which is a boutique consultancy company offering clear, simple, effective and tailor-made financial services and solutions to its clientele. The name “antar” signifies “difference” and it is this uniqueness that sets “Antar” apart from other companies. Among the plethora of services that it offers, Business Recovery, Valuations, Funding, Corporate Finance Services, Transaction and Advisory comes under the endeavour of Financial Consultancy.