Category: Personal Finance

Raviraj Parekh May 6, 2020

How to Check Update Bank Account number EPF UAN Account?

Change Update Bank account number EPF UAN Account – EPF withdrawal is allowed under many cases. You can even apply for withdrawal from EPF account due to Covid-19 outbreak. Yes! As per the new EPF rule, EPF subscribers can withdraw 75% of your EPF balance or …

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Raviraj Parekh May 3, 2020

Job Loss or Pay Cut – How to Protect & Manage your Finance?

Job Loss or Pay Cut – Corona Virus Pandemic is creating a massive impact on the economy. Many people have lost their job and many are going towards a bad phase of the pay cut. India’s largest public-sector company Reliance has already announced up to 50% …

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Raviraj Parekh May 6, 2020

How to withdraw EPF money online amid COVID-19 outbreak?

You can withdraw EPF money online amid the COVID-19 outbreak. As per the new EPF rule, EPF subscribers can withdraw 75% of your EPF balance or three-month wages whichever is lower. This withdrawal is non-refundable in nature. It is also known as advance EPF withdrawal. It …

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Raviraj Parekh March 29, 2020

COVID Loan for Small Business and MSME – Should You Opt?

COVID Loan for small business and MSME is a new option for the business people facing a cash crunch due to Coronavirus. It is a known fact that coronavirus pandemic is creating financial crises in the whole world including India. The lockdown condition forcing a business …

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Raviraj Parekh January 22, 2020

How to add EPF Exit Date on EPF Portal Online?

A facility of mentioning exit date on the EPF portal online is launched. This facility is now extended to all EPF subscribers. Earlier this facility was available only with Employer login under the EPF portal. There were multiple cases of delay in defining the exit date …

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Raviraj Parekh January 12, 2020

Video KYC (V-CIP) – How Video KYC Work?

Video KYC (V-CIP) is a video-based KYC facility. RBI has amended Know Your Customer (KYC) norms for banks and other financial institutions. As per new norms (released in Jan 2020) Digital KYC (Video-based e-KYC) is allowed. Now, you need not visit the bank personally for KYC. …

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