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National Payment Corporation of India (NPCI) Posted: 19 Dec 2013 02:33 AM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Owing to the rise in card and online frauds, the National Payment Corporation of India (NPCI) has decided to insure such transactions. This will cover both domestic and international card transactions — PIN- based transactions on ATMs or points of sale and e- commerce transactions, with a two- step authentication.
The cover will be over and above the policy taken by a bank. NPCI has sought requests for proposal to identify and appoint a general insurer to provide cover for frauds that result in financial loss to customers. According to the NPCI website, the key responsibility of the bidder (the insurer) will be to provide an overall insurance cover of ₹ 10 crore and a per- card cover of ₹ 50,000. The insurer will have to settle claims within 30 days of filing by NPCI. The bidder will also have to honour the request from any member- bank for any additional cover sought, once the policy is issued to NPCI and implemented. The premia will be paid by NPCI. Under the insurance policy with the selected bidder, NPCI will initially cover 1.8 billion approved financial transactions.
In case of a disputed transaction via a debit/ credit card, it is the customer's responsibility to prove he is not at fault. Till he does so, he is liable to pay for the transaction. As protection against this, one can opt for credit or debit cards that have the zero- liability feature. Both Visa and MasterCard offer this.
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
------------------ Best Performing Mutual Funds
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Posted: 19 Dec 2013 01:30 AM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
------------------ Best Performing Mutual Funds
| ||||||||||||
Posted: 19 Dec 2013 12:33 AM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India) ICICI Prudential FMP Series 71 - 371 Days Plan M, with the following features
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
------------------ Best Performing Mutual Funds
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