Saturday, January 16, 2016

Prajna Capital

Prajna Capital


NPS ICICI Ahmedabad Branch Address

Posted: 16 Jan 2016 05:26 AM PST

 

National Pension Scheme (NPS) ICICI Address

National pension scheme was launched in May 2009 by Indian government. Citizens wanting to open NPS account can contact various points of presence (POPs) appointed by Pension Fund Regulatory and Development Authority (PFRDA) and ICICI bank is one of them. Here are the contact details for subscribers wanting to open NPS account in 3 branch offices in Ahmedabad-Gujarat.

ICICI NPS Branch Contact Details – Ahmedabad

1) ICICI Bank Limited

JMC House

Opp. Piramal Gardens, Ambawadi

Ahmedabad – 380006

Gujarat, India

E-mail: nps@icicibank.com

Phone Number: 02228308110 / 07966523721

POP Registration Number: 5000155

POP-SP Registration Number: 6001601

2) ICICI Securities Ltd.

Shop No. 31 to 35, Ground Floor, Sardar Centre

Near Vastrapur Lake,Vastrapur

Ahmedabad – 380015

Gujarat, India

E-mail: amit.beri@icicisecurities.com

Phone Number: 07940035921

POP Registration Number: 5000343

POP-SP Registration Number: 6300000

3) ICICI Securities Ltd.

2nd Floor, Parth Complex, Swastik Charrasta, Ahmedabad-380006

Contact Number: 07964501168

E-mail: sunilkumar.thacker@icicisecurities.com

POP Registration Number: 5000343

POP-SP Registration Number: 6035945

Documents Required for Opening NPS Account

  • Completely filled – Know Your Client (KYC) form
  • Identity Proof – PAN card, Passport, Driving Licence, Utility Bill
  • Address Proof – Passport, Driving Licence, Utility Bill
  • 2 latest passport size photographs
  • Date of birth proof

After opening the account, 17 digit receipt number/acknowledgement number called Permanent Account Retirement Number (PRAN) is assigned to every account holder by the CRA (Central Recordkeeping Agency) which is unique and permanen

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

Loan Balance Transfer Documentation Required

Posted: 16 Jan 2016 04:54 AM PST

 

Balance Transfer Documentation

Documents Required for Home Loan & Personal Loan Balance Transfers

Balance Transfer for Home Loans & Personal Loans, like most other financial products has fairly stringent documentation requirements. In order to help you understand the documents you need to keep handy before applying for a loan, we have compiled a list of items that can be of use to you

The following documents are required by financial institutions to process a home loan balance transfer.

  • Pan card
  • Company ID card
  • Residence proof
  • Self owned residence ñ Latest Electricity Bill / Landline Bill / Credit Card Bill.
  • Rented residence ñ Current rent agreement with latest electricity of the flat,with a permanent residence proof.
  • Latest CTC
  • Latest Salary slip for the last 3 months
  • Till Date salary account statement bank statement for last 6 months
  • Form No.16 – Latest.
  • Loan Repayment Track Records (if any)
  • Forecloser Letter & List of Original Documents kept with the bank (These letters are to be obtained from the existing bank from where the loan is active. [Original letters obtained to be submitted.])
  • Property Documents in case of Residential / Commercial premises
  • Photocopies of all documents relating to the property to be mortgaged. [Original Documents will be collected at the time of disbursement]
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

Why Should You Invest in Silver?

Posted: 16 Jan 2016 04:09 AM PST

 

There are lots of options for investments in the markets, ranging from insurance products to fixed deposits and more but there are a lot of people who prefer to invest in precious metals like silver. Of the total demand for silver in India, the largest portion is from the industrial sector, then comes investment and then jewellery. Investing in silver is so popular in India that there are a multitude of instruments to help people invest in them. These instruments can range from actually investing in it through the commodities markets, buy silver jewellery, silver bars that can be bought from banks and even silver ETFs. Seeing as how popular it is the question really becomes, should you be investing in sliver and if yes then why?

7 Good Reasons to Invest in Silver

The answer to the question of investing in silver is yes. You should be investing in silver and here are 7 reasons that will show you just why it can be a good idea for an investment.

Demand is Always Around

Silver being a precious metal is always in demand from the jewellery markets, especially in India. The demand is also being generated by industrial sectors that require silver for production and this demand far outweighs the demand by any other sector. This means that silver is something people need and what is in demand is worth investing in.

Supply vs Demand

While there is a large and ever growing demand for silver being led by nations like India and China, the fact is that the availability of silver is dropping as demands rise and silver found above ground reduces. This means that at some time in the future it will become tough to come by silver and the price may be driven up the limited supply thus putting long term investors in a very good financial position.

Timing the Markets

There are way in which the silver markets can be predicted. Some of the most basic ways to time the market would be to wait for the wedding season or a festival to come around. The demand for both silver and gold goes up.

No Bank Accounts

You might find it hard to believe but a portion of India's population is not in the system when it comes to banking and taxation. This makes it difficult for them invest in a lot of instruments available and for them one of the places to invest in is buying and selling silver because it can be bought and sold without too much of a hassle.

Cheaper than Gold

Silver is easier to acquire since it is cheaper than gold. Not everyone can hope in be able to buy sizable quantities of gold but when it comes to silver, it can be bought in bigger quantities because it's cheaper. For example Rs. 36,215 (price as of 25 September 2015. Subject to change) could buy you 1 kg of silver but the same amount will only get you only a bit over 10 grams of gold.

Sorting the Storage Problem

When you invest in silver in the traditional way, in the form of bars or jewellery, the biggest question you face is about where you can store it. Let's face it, if you have just bought a few kilos of silver, you can't be keeping it at home and getting a good night's rest. If such situations are not appreciated by you there are also e-silver products that can be traded on the NSEL. They allow people to invest in silver without having to worry about storing the metal.

Go to Option in an Emergency

Silver can help out in an emergency in two ways. The first would be the case of the personal emergency where you need money in a hurry and you decide to sell part of the silver you have and the other is the fact that in case of an emergency on a national scale, even if the currency loses value, silver wont.

Over all silver can be a good investment to make since it does offer options on investing and is a precious metal that is and will remain in demand. There may be times when the markets may make you think that they rather unpredictable but if you go with a long term investment in mind, you may end up liking the investment.

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Invest Rs 150000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

There are a lot of mutual funds that customers can choose from but some of the best Tax Saver mutual funds in India right now are:

Top 10 Tax Saver Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan
It must be remembered that this list is not set in stone as improvement or reduction in performance of the mutual fund could change the position of these funds among the top 10 tax saving mutual funds in India.

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

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