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Asav Patel

Lulu.com

Lulu is the self-publishing platform for your creations of Mind such as photos, books, articles, novels, literature, music, sound, DVDs, E-books, documents….and many more….

This is the Information Age and in the Information Age all you require to get rich quick is an idea only. In the Information Age, your most precious Asset is your Mind and Intellectual Properties are the end product of your mind’s work.

You can use your mind and create Intellectual Properties (IP Assets) and you can earn money by publishing your mind work on Lulu.com

Intellectual properties such as photos, books, articles, novels, literature, music, sound, DVDs, E-books, documents….and many more…. are just like any other Assets such as your home, stocks, bonds, gold, Real Estates & Businesses.

The great Operating System Windows XP & Vista are the Intellectual Properties of Microsoft Corporation and are earning literally billions of dollars each year.

So Lulu is the platform to publish and earn from your Intellectual Properties.

Some people are earning literally in 6 figures in dollars per year by selling their creative work on Lulu.com and so you can also sell your mind work on Lulu.com and earn money.

The portfolio of your Intellectual Property can provide you a steady stream of Passive Income once you publish it on Lulu.com

Asav Patel

Facebook - "Be A Tycoon”

Recently I have been invited by one of my friend on Facebook to play a game “Be a Tycoon”. I find this game very interesting and informative. I think this type of games should be played to increase your Financial IQ.

The game is exactly designed in such a way that it simulate the real life of a Business Tycoon. In the starting of the game it is assumed that you are on the fast track of your life. Means you already have lots of Money (in Millions) in your life and now all you have to do is Investing it in exciting Ventures.

The Ventures are classified into so many categories such as Consumer, Media, Tech, Real Estate, Financial, Rare items…etc…

Basic Rules of the Game “Be a Tycoon” on Facebook -

What is Be a Tycoon about?

You are one of the richest Tycoons in the world!

Build up your Empire by buying and selling companies, brands, and properties.

The prices of items fluctuate every 20 minutes, starting on the hour.

Buy when you think the prices are low.

Sell for a profit when you think the prices are high.

Have a great time and hope you meet new Tycoon friends!

What's the QUICKEST way to start the game?

  1. Go to the Build Empire tab.
  2. Buy properties you can afford. (For example: Race Horse, under the Exotic tab).
  3. Monitor prices. Prices update every 20 minutes.
  4. Go to My Empire tab to sell the items when you're happy with the profits.

*Hint: Race Horse prices move between $1,000,000 and $2,000,000 Tycoon Dollars.

How often do prices update?

Prices update every 20 Minutes, starting on the hour.

What are the green and red arrows next to the properties?

A green arrow means that the property's current price is higher than the last price.

A red arrow means that the property's current price is lower than the last price.

How do the prices fluctuate? Is it based on supply and demand?

The prices move based on a variety of in-game and player-driven factors.

Each property also has its own unique price characteristics that contribute to the movements.

How do I know if prices are high or low?

Part of the fun of speculation is developing a feel for how prices behave.

You can:

  1. Take notes to determine a property's typical price ranges.
  2. Ask for help from the community in the Lounge. There are always friendly people around to share tips with.
  3. Use your intuition and follow trends you sense.

How do I make more Tycoon Dollars other than Buying and Selling?

You can make more Tycoon Dollars by:

  1. Get $5,000,000 for visiting Be A Tycoon every 4 hours.
  2. Participate in offers under CEO Powers.

I advise anyone to play this game who want to think like Multi-millionaires and want to increase their Financial IQ.

Asav Patel

Reliance Industries (RIL) will combine with Reliance Petroleum to create mammoth oil and gas giant with a projected top line, comprising nearly 20% of the combined turnover of the 30 companies in the BSE Sensex.

The 2 Companies said in separate statements on Friday evening that their respective boards will meet on March 2 to discuss a possible merger. The plan, when implemented, will further strengthen RIL’s position as one of India’s Top Companies and one of the world’s biggest producers of petroleum and petrochemical products.

The merged entity will become India’s biggest Company in terms of net profit over taking PSU major ONGC.

It will also create a much bigger balance sheet, which will help RIL raise money for working capital and for expansion.

The merged entity will be the sixth-biggest private sector refiner in the world with a total capacity of 1.2 million barrels per Day.

US based Chevron Corp will sell its 5% stake in RPL back to RIL for US $ 300 Million, according to Company insider. The sell will take place at pre-determined price of Rs.60 per Share.

Financials of RIL+RPL Merger -

Net worth of Reliance Industries – Rs.83,828 Crores

Net Worth of Reliance Petroleum – Rs.13,448 Crores

Size of the Company compared to IOC & ONGC

- RIL + RPL = Rs.2,33,092 Crores

- IOC = Rs.52,154 Crores

- ONGC = Rs. 1,47,830 Crores

Queries about the RIL+RPL Merger -

01) Why the Merger of RIL with RPL? What is the need of Merger?

RIL has traditionally set up large capital-intensive projects under new companies to ring-fence itself from project risk. This happened with the first Jamnagar Refinery, also called Reliance Petroleum. Now the RPL is up and running so it doesn’t make any sense to keep it separate.

02) What will be the Swap Ratio?

The Swap ration will be between 17:1 to 24:1 derived from the Book Value. Analysts say it could be around 20:1

Asav Patel

Warren Buffet, The legendary Investor also known as "Oracle of Omaha" is the world's Richest Person according to Forbes 2008 Data.


Warren Buffet is the Chairman of the Company "Berkshire Hathaway", the stock of which is trading at the New york Stock Exchange at US $ 1,00,000 to US $ 1,50,000 per Share. He has never Split the Stock of his Company which suggest that he want to attract only Long Term Investors only.


The 75% of the Total Asset of his Company is of Common Stocks in the Various listed Companies. Out of which Coca-Cola, Gillette, American Express and Wells Fargo are his most favourite and Largest Investments........


Since last 1 or 2 decades he has started buying out whole the Companies in his Portfolio. But still he likes to Invest in the Listed Company Stocks.


In the Recent US Economic slow down, when the Stock Market hammered a Lot, he is acquiring more and more stocks in the following Companies and increasing his Holdings in his Portfolio Companies.


Warren Buffet also likes to buy whole the Companies. Warren Buffet is a Long-term Investor. His favourite Holding period in any Company is for ever. He stays invested in any Companies until the Fundamentals of that Company deteriorates or changes. But this usually Never happens because he is very good at stock Picking.


Here is a Full Portfolio of The "Berkshire Hathaway". The Bold Companies are his favourite Holdings. Still this List is not a Complete List of Berkshire Hathaway Company. This list doesn't include Unlisted Companies which he has fully buy outed.


1) American Express Co.
2) Bank of America Corp.
3) Comcast Corp.
4) Home Depot Inc.
5) CarMax Inc.
6) Lowe's Companies Inc.
7) Moody's
8) M & T Bank Corporation
9) SunTrust Banks Inc.
10) United Parcel Service Inc.
11) US Bancorp
12) USG Corporation
13) Wal-Mart Stores Inc.
14) Wesco Finl Corp.
15) White Mountains
16) Anheuser-Busch Cos. Inc.
17) Costco Wholesale Corp.
18) Norfolk Southern Corp
19) Procter & Gamble Co.
20) Sanofi-Aventis
21) Wells Fargo Co.
22) WellPoint Inc.
23) Ameriprise Financial Inc.
24) American Standard Companies
25) Burlington Northern Santa Fe
26) ConocoPhillips
27) Dow Jones & Company, Inc.
28) Gannett Inc.
29) General Electric Co.
30) Ingersoll-Rand Company Ltd.
31) Coca-Cola
32) Nike Inc.
33) Torchmark Corp.
34) Washington Post Co.
35) Iron Mountain Inc.
36) Union Pacific Corp.
37) UnitedHealth Group Inc.
38) Comdisco Holding Co.
39) Wabco Holdings Inc.
.
In the current Economic and stock market melt down he has started acquiring more and more shares in his Portfolio Companies. This suggests that, We should also follow him. We should also buy the Stocks of Fundamentally strong Companies and hols it as long as Possible........!!!!!!!
Asav Patel

Business-Opportunities.biz

The following guest post is posted on the Blog “Business-Opportunities.biz”  by Scott Quitter of A Couple of Quitters.

While there isn’t one perfect way to set goals, there are ways to increase your chances of success. These tips come from personal experience-the best teacher.

  1. Only set a few meaningful goals that you are serious about achieving, goals that will have a big impact on your life if you were to accomplish them.
  2. Think about where you want to be in the future and set goals that will move you in that direction.
  3. Once your goals are set, focus on the most important one as your primary goal.
  4. Write out a broad, step-by-step plan on how you will achieve your primary goal.
  5. Work on subordinate goals as time, energy, and enthusiasm permits.
  6. Review all your goals bi-weekly or monthly. Review your primary goal daily or at least weekly.
  7. Be willing to cross any goal off your list if you change your mind about it.
  8. Set up a reward or consequence (or both) for keeping you on track and moving closer to achieving your goal (consequences are far more effective than rewards).
  9. Enlist the help of a spouse, partner, friend, co-worker or relative to establish accountability.

Some examples of effective consequences:

  • Missing the Sunday football game
  • Missing your favorite weekly TV shows
  • No video games for a week
  • No online gaming for a week
  • No computer for a week
  • No non-essential phone use for a week
  • No trip to your favorite restaurant

Click Here to Read Further……

Asav Patel

USNews.com:

If you are looking to grow or expand your business, where can you look? Start with the Four P’s of Marketing.

Product:
What else do your customers want?

Promotion:
How can you grow your existing customers’ awareness of your products, so they help you grow?

Place:
What other geographic areas make sense to serve?

Price:
How long has it been since you evaluated your pricing structure?

Asav Patel

 

Mashable

What do you do when you get home from a conference or networking event with a pile of business cards? If you’re diligent, you might go through them one-by-one, sending people a “nice meeting you” email and inviting them to connect on your social networks of choice. But if that sounds as miserable and tedious to you as it does to me, CloudContacts is an emerging option to consider.

The service allows you to send in your stack of business cards and have them converted to an online, exportable database. Once CloudContacts has added the data to its system, you can login to your CloudContacts account where you can see all of your contacts, complete with links to their social network profiles, all of their contact details, and even a Twitter widget showing the person’s latest tweets. If you’re the type of person that writes notes on the cards you receive – like who the person is, what they do, and some sort of anecdote – that data is also included with the contact.

Asav Patel

The Wall Street Journal

K. Esther Szabo was a small child when the recession of the early 1970s sent her family's fortunes into a tailspin. Her father, an economist, struggled to find work, and her mother worried about paying the bills. The family eventually filed bankruptcy.

The tensions at home put a permanent mark on Ms. Szabo. To help her family, she started working at age 8, doing chores for neighbors, and has been working ever since. When a personal-finance class in college introduced her to the idea that calamities like the one that crippled her family could be avoided with careful planning, she found the idea "mind-blowing," she says. She now co-owns a Los Altos, Calif., financial-planning firm.

In this current recession, we may be creating a new generation of Ms. Szabos. Economic downturns leave enduring marks on the career prospects and aspirations of children. Some youngsters will face lasting setbacks, while others will emerge more focused and motivated, based on studies of past recessions. The outcome depends partly on a child's age, on the example set by parents, and on whether young people can be empowered somehow to help their families through the crisis.

Continue Reading: “How Growing Up in a Recession Can Shape a Child’s Future”

Asav Patel

Hemant Joshi, Madhukar Bhatia & Shirish Deodhar are the Co-founders of nFactorial Software.

They are almost like your regular angel investors minus the Money. So What they do? The 3 co-founders of Pune based nFactorial Software provide mentoring services to software product companies that have just started out or those with some revenues and in need of scaling up to the next level.

Right now in India, Software product Companies need mentoring and there is a near absence of that in India. In India there is no such role model for product development companies and hence no support system for them.

All of the 3 Co-founders of this Company are Serial Entrepreneurs. Deodhar founded Frontier Software, which was later acquired by Veritas, which in turn was acquired by Symantec.

Hemant Joshi & Madhukar Bhatia launched In Reality Software, which was acquired by Symphony Services.

The firm helps the startups identify investors who usually invest in their personal capacities.

nFactorial mentors 8-9 Companies at a time and its founders say they have deliberately limited themselves to companies that are either in “the white space” that is, brand new startups which are pre-revenue, or early stage, that is with annual revenues of Rs.2-4 Crores but want to grow 10X.

Means nFactorial finds out start us that aspire to become Rs.20 Crore Companies. After that they ask for an Equity stake in the pre-revenue firms. In the early stage they take the small stake in the form of sweat equity.

Some of the Companies nFactorial has mentored are Career Vidya Labs (A Career management Company), Product Dossier, a P3LM (Project, Process and Product Life cycle Management) pmpany and Clarice Technologies, a usability and UI solutions Venture.

Asav Patel

USA is passing through the tough time.

- Over 7% Jobless Rate, set to cross 9% in the coming months.

- Nearly 6,00,000 lost jobs in December 2008 – The Biggest monthly job loss since 1974.

- New job less claims rose more than expected last week and the number of laid-off Americans continuing to receive unemployment benefits topped 5.1 Millions.

- The US labour department said on Thursday that first-time requests for unemployment benefits jumped to 6,67,000 from the previous week’s figure of 6,31,000.

- As a proportion of the work, number of people continuing to receive benefits has reached its highest point since July 1983. An additional 1.4 Million people were receiving benefits under an extended unemployment compensation program approved by Congress last year, as of February 7.

- Last year 2.8 Million people were unemployed but this year 5.1 Million people are unemployed and this figure is highest ever since the data of 1967.

Asav Patel

Inflation dropped to a 14-months low of 3.36% in the week ended 14th February 2009.

The reason is cooling down of prices of food items, metals and machinery. The Whole sale price index was 5.65% in the same week last year. But this year it is 3.36% only.

Cooling down of Inflation to ground zero is not a good sign because the Economy may slip into the Deflation (Reversal of Inflation).

So RBI requires aggressive rate cuts to stimulate the Economy.

Inflation was 13% in August 2008. I think this is the best time to be a Lender by investing in Bonds…

Asav Patel

State Bank of India

State Bank of India (SBI), India’s Largest Public sector bank has launched SBI e-Freight Service for its Customers.

As a part of its initiative to bring the benefits of 100% computerization to its customers, SBI has pioneered the introduction of automated Railway Freight Payment system for Corporates.

By opening a dedicated account with SBI, customers can avail this convenient facility of e-payment of Railway Freight and save time and effort while transporting  goods within India on 24*7 basis.

More than 100 large corporates are now using this convenient facility.

Eligibility -

- Corporates should have a dedicated account with SBI branch

- Sign a Tripartite Agreement with Railway and SBI

- Open a Letter of Credit/Bank Guarantee in favout of Railway

- The amount of which will be determined by the Railway

For more Information, you can call (Toll Free): 1800 112211

Asav Patel

IndiaMART - Source > Supply > Grow

Indiamart.com

Indiamart.com is the website that connects Buyers & Sellers. If you are a Business owner than you can sell your Products on this web site.

Indiamart.com is launched since 1996.

It has over 50 Lakh buyers, and over 5 lakh suppliers in 20,000 product categories And more than US $ 1 Billion worth of annual sourcing.

I think this is the best online place to launch your product in India. Because the site has more than 50 lakh buyers. You can put your product for selling in around 20,000 different product categories.

The advantage of launching your product on such type of online platform is that, it has worldwide connectivity so anyone from anywhere in the world can buy your product online and take a Delivery at home.

Asav Patel

Here is a good news for Credit Card holders who frequently use their Credit Cards for Online Shopping and Online Transactions.

Online Credit Card frauds are increasing in numbers. But Credit Card frauds through online transactions may soon see a decline, from August 2009.

After August 2009, Banks will clear online card transactions only after they are authenticated by a separate password. The Reserve Bank of India has also made it mandatory for banks to send SMS and online alerts for all online transactions exceeding Rs.5000

The Central Bank will also shortly prescribe security measures to be employed for card usage in interactive voice response (IVR) transactions.

IVR transactions are those where cardholders punch in their card details into the telephone to make payments.

At present, anyone who has access to information printed on the credit cards such as CVV number can misuse the card online. This loop hole now soon will be blocked.

With the increased use of Credit and Debit cards in the country, the RBI has been reviewing various options to enhance the security of Online Transactions.

Asav Patel

The Simple Dollar

Trent of “The Simple Dollar” Blog has recently posted a post on his Blog. The title was, “Should you use your Credit Card as your Emergency Fund?”

The title was quite interesting. In fact many people in India and around this world are using Credit Cards as an Emergency Fund. They argue themselves that, “I am keeping this Credit Card with me for Emergency Purpose.”

You won’t believe that, but so many of my friends are using Credit Card as an Emergency Purpose. And Do you know which types of Emergencies they met usually? Long drive with girl friend, buying an expensive gift for a girl friend or party with friends.

In reality,

For Emergency purpose, you should have an emergency fund and not the Credit Card. Because the Credit Card is the worst Financial Product ever. Credit Card Companies charge you anywhere between 35-50% interest rate per Annum. And that is a too much interest rate.

In fact, more than 75% of the USA Bankruptcies are filed because of the Credit Card Debt.

Ideally the purpose of the Emergency Fund is to use it in Financial Emergencies so that it prevents your Long term Investments from being Liquidated. But using a Credit Card as an Emergency purpose will actually add the Financial Burden in the Emergency.

According to Trent: “the purpose of an emergency fund is to reduce your personal risk. However, using a credit card for that purpose actually adds significant risk to the emergency fund situation”

- The “size” of your “emergency fund” is at the mercy of the credit card companies

- The interest rates can be painful

- You’re exposed to Murphy’s Law unnecessarily

- It’s hard to save up that much money

- A savings account doesn’t earn very well

Asav Patel

Disha Financial Counseling

Did You Know?

Globally, the total spend from using Debit Cards is much more than the spend from using Credit Cards.

The Debit Card Versus The ATM Card -

- The ATM Card is a plastic card that can be used for transactions at an ATM, like making a deposit or withdrawal, getting account information, making balance enquiry and other ATM Services offered by your bank.

- The Debit Card is a plastic card that can be used for all ATM transactions and also as an alternative to cash payment at shops, hospitals, hotels, service centres and any other merchants who accept Visa card or Master Card.

- The Debit Card is the fastest growing payment mechanism in the world – in fact, even faster than the Credit Card.

- In India itself, numerous banks have together issued approximately 27- lac debit cards in this financial year alone and more than 7 lac merchants across the country accept these crads.

- A Debit Card ensures that you can never spend beyond the balance that you have in your bank account. Moreover, it is extremely safe because if you happen to lose it, you can immediately block the card by reporting the loss to your bank.

- If you are in the habit of withdrawing cash and carrying it with you while you are travelling or shopping, you end up losing interest for the month on the withdrawn amount. You should switch to using debit card so as to take advantage of the convenience, safety and the economic benefits associated with the debit card.

- Besides, as for credit cards, many banks have started offering reward points on debit card spends too….

Asav Patel

Digital Inspiration

You won’t believe this but this is true. Blogging is a New Business/Profession Type. Previously Blogging was just for a time pass in weekend, an online tool to stay connected with friends or an entertainment tool.

But after 2003-04, some people around this world has realized the amazing potential of Blogging. And they have started Blogging as a Professional Career. Some have started Blogging as a Profession and started giving 10-14 hours a day behind growing and maintaining their blogs while some have make a team of Writers and started Blogging as a Business, A Web Business.

Yes, Blogging is now in the Category of Business or Profession.

Government has also realized the Potential of Blogging. In fact the expense that incurred behind your Blog are considered as Business Expenses and are Tax Deductible.

CNN IBN Live says that,

Digital Inspiration packs in more than 5,000 articles and is loaded with the kind of stuff that does not make to the newspapers but just the kind of stuff that more than two million people want to read every month.

If you want to click as a professional blogger, start posting five to seven times a day. Entries should be original and content consistent. But most of all, you need to be patient. Agarwal says his blog only started making money after about a year.

While cyberspace itself is the best teacher, you can learn to design, create and operate online content.

At Indian Institute of Journalism and New Media in Bangalore that offers a graduate and post-graduate diploma in new media and Asian College of Journalism in Chennai holds a post graduate diploma in new media.”

Amit Agarwal, the founder of the Technology Blog “Digital Inspiration” is an Indian and is from Agra. He has left his job in the year 2004 and started Blogging as a full time professional career. Today according to him, he is earning 6 figure Income (In Lakhs) in dollars from his blog Digital Inspiration via Google AdSense & BlogAds Programs.

According to Amit Agarwal, Persistent, Passion & Original Content are the key to successful Blogging. And of course this is the Information Age…. So it is all about How many eye balls you control (web traffic)…… It’s really easy to get rich quick in the Information Age.

Asav Patel

One of my friend asked me one day that, Which stock should I invest in? In which Company should I Invest?.....


My answer was, "You have to invest in the stocks of the Companies whose Business you understand the most. You should Never buy the stocks of Companies whose Business you don't understand..... It is that Simple..."


"Welll.... I want to make Money. I don't have Time to understand the Business of any Company. I thought that you would give me some hot stock tip but instead you are telling me to understand the Businesses?..... I was not expecting this kind of answer from you" - was the reply of my friend............


Well, see..... Once Warren Buffet said, "Being a businessman makes me a better investor and being an investor makes me a better businessman,"


What actually he mean?.... "Well it means that the more you understand the Business, more you understand the Investments and the more you understand the Investments, more you understand the Business."


Business and Investments can't be separated from each other. You go to the stock market and buy the stocks of Fundamentally strong Companies. What it means actually? Where are you Investing actually?... Well, actually you are investing in the Businesses when you buy the stocks. After all, All of us ultimately do the Investments in the Businesses. So better we understand the Businesses, Better we will be in position to make Good Investments.


Business and Investments can't be separated from each others. You have to understand both simultaneously to be a Good Investor as well as a Good Business owner.


The more you understand the Business, The more you will be Good at Investments and the more you understand the Investments the more you will do the good Business.


So I advise the readers that, if you want to make a Good Investment in the Stock market than try learning Businesses first. Once you understand the Businesses, you will automatically start understanding the Investments and Vice Versa.
Asav Patel

Your Current Account Debit Card brings you another value-added feature.

To the existing bouquet, comprising ATM Banking & Corporate Care Solutions, ICICI bank has added Corporate Internet Banking View Access.

It is a hassle free way to access your Current account information online with a single click using your Business Banking Card.

Just log on to www.icicibank.com, go to Corporate Login and click “Login using Debit Card.”

Corporate Internet Banking:

Account Summary, Quick view of the last 10 Transactions, Online Real Time Account balance, Download Account Statement, Account Details, Display of Outward Clearing Instruments, Option to Register for Email Statement.

To know more, write to corporatecare@icicibank.com or visit your nearest ICICI Bank Branch for more details.

Asav Patel

Say Hello to ICICI Bank’s Interactive Voice Response Funds Transfer (IVR) facility. It’s the most convenient, secure and the quickest way to transfer your money from ICICI Bank’s Current Account to any ICICI Bank account.

All you need is a phone, and you can transfer money in seconds.

As it is easy, you can remain focused on your Business.

To know more, please E-mail ICICI bank at corporatecare@icicibank.com

or You can also call to ICICI bank Customer Care or visit any near ICICI bank Branch.

Asav Patel

For any Employee turned Entrepreneur, the challenge of giving up a steady job to venture into an unknown Business territory is huge. There are few Indians who returned to India after leaving their secure, high-paying and high-end jobs in foreign countries to set up their own Businesses, in a quest to realize their Vision.

01) Thomas Mookken, VP, Neo Gen labs left the USA in 1984 and spent a considerable part of his career exploring opportunities in the telecom equipment industry there.

He says, “I started off as a software developer and after my MBA, moved on to marketing and Business management roles in the Industry.”

After the dot com bust of 2001 in USA, the software industry never recovered and so Mt. Thomas with his wife and his baby move back to India to start a consulting company of their own.

Then, Mookken and his partner Dr.Cariappa started NeoGen Labs, a newborn screening (NBS) provider to detect inborn errors of metabolism in babies. This concept was new in India at that time. Though in USA, it was popular.

But today his Venture is a Boom….

02) Chander K Madan, CEO and Co-founder, eAge Software Services discusses his entrepreneurial journey.

He says, “I started working very early in life. Though it wasn’t an easy ride. It also had a few advantages. Starting early provided me an edge and a wealth of experience that helped me in all my future endeavors. I has the opportunity to work in Hong Kong and Singapore for a considerable period.”

After having worked with some leading organizations like NIIT and HP for 2 decades, Madan decided to leave the comfort of the corporate world and turn into an Entrepreneur.

Madan along with his friend Rajesh, c-founded eAge Software Services in 2008 with a shared vision to be the best in class portal to provide Knowledge, Infotainment and Cater to the professional needs of the next generation.

03) Kiran Datar, along with 3 other Co-founders, decided to come together to start CyberBazaar, a company that provides end-to-end audio conferencing Services.

After coming back to India, 10 years ago, these 4 friends started CyberBazaar.

After continued efforts to establish and expand the Busines for 2 years, CyberBazaar was acquired by WebEx Inc. in 2005 and in 2007, Cisco acquired WebEx.

Asav Patel

TimesAscent.in

Times of India is presenting “Ascent Super Careers.”

Think of it as a ready reckoner on Industries. It’s a handbook that can be placed on your shelf and thumbed through anytime you want. Slotted industry wise, the guide provides career insights, recruitment ads, and job opportunities needed to boost up your career.

It’s got so much reference material that you will refer to it through the year. Grab your Free Copy with Ascent on 25th February 2009.

INDUSTRIES COVERED: ENGINEERING, MANUFACTURING, CONSTRUCTION, IT, ITeS, BFSI, EDUCATION AND OTHERS…..

Asav Patel

More than 4.4 Crore subscribers of the Employees Provident Fund (EPF) will receive a pay out of 8.5% interest rate for fiscal 2009, the third year in 1 row, the fund’s central board of trustees, at a meeting on Sunday decided to retain the interest rate at the sane level as last year.

The decision to retain the interest rate 8.5% comes at a time when the RBI is expected to effect a rate cut in the wake of a marked economic downturn and the urgent need to boost consumption.

Asav Patel

LIC Jeevan Varsha

LIC’s Jeevan Varsha is a close ended Money Back Plan with Guaranteed Additions. The plan provides for periodical payments of a proportion of Sum Assured at specified durations, on survival during the term of the policy and on maturity. The Plan provides for payment of Sum Assured on death. Guaranteed Additions are payable on death and Maturity. Loyalty Additions may also be payable during the last year of the policy on both maturity and death.

The plan will be open for purchase from 16th February, 2009 to 31st March, 2009.

  1. ELIGIBILITY CONDITIONS

  1. Minimum Entry Age: 15 years (completed)

  2. Maximum Entry Age: 66 years (Nearest Birthday) for 9 years term policy

63 years (Nearest Birthday) for 12 years term policy

  1. Policy Term : 9 years & 12 years

  2. Premium Paying Term: 9 years

  3. Maximum Maturity Age: 75years (Nearest Birthday)

  4. Minimum Sum Assured: Rs. 75,000/- for monthly ECS mode

: Rs. 50,000/- for other modes

  1. Maximum Sum Assured: No limit

  1. HIGH SUM ASSURED REBATES

Sum Assured (in Rs) Rebate per thousand Sum Assured

Less than Rs.1, 00,000/- Nil

Rs 1,00,000 and above but less Rs 2.00

than Rs.200000

Rs 2,00,000 and above but less Rs 3.50

than Rs.500000

Rs. 500000 and above Rs 5.00

  1. LOAN:

Loan is available under the plan after the policy acquires paid-up value.

  1. GRACE PERIOD:A grace period of one month but not less than 30 days will be allowed for payment of yearly or half yearly or quarterly premiums and 15 days for monthly premiums.

If death occurs within this period and before the payment of the premium then due, the policy will still be valid and the Sum Assured shall be paid after deduction of the said premium as also unpaid premiums falling due before the next Policy anniversary. If premium is not paid before the expiry of the days of grace, the Policy lapses.

  1. REVIVAL

Subject to production of satisfactory evidence of continued insurability, a lapsed policy can be revived by paying arrears of premium together with interest within a period of five years from the date of first unpaid premium but before maturity. The rate of interest applicable will be as fixed by the Corporation from time to time.

The Corporation reserves the right to accept at original terms, accept with modified terms or decline the revival of a discontinued policy. The revival of the discontinued policy shall take effect only after the same is approved by the Corporation and is specifically communicated to the Life Assured.

  1. PAID UP VALUE:

If after at least 3 full years premiums have been paid in respect of this policy and any subsequent premium be not duly paid, this policy shall not be wholly void, but shall subsist as a paid-up policy for a reduced sum.

The Sum Assured of the policy shall be reduced to such a sum (called paid-up value), as shall bear the same proportion to the full Sum Assured as the number of premiums actually paid bears to the total number of premiums stipulated for in the policy , less any survival benefit paid.

The policy so reduced shall, thereafter be free from all liability for payment of the premiums, but shall not be entitled to the Guaranteed Additions from the due date of first unpaid premium. However, the accrued Guaranteed Additions will remain attached to the reduced paid-up policy.

Notwithstanding the benefits available under a fully in force policy, in the case of a reduced paid up policy, no survival benefits shall be payable and the paid-up value along with the accrued Guaranteed Additions, if any, shall be payable only in lump-sum on the expiry of policy term or death of life assured, if earlier.

  1. SURRENDER VALUE:

The Guaranteed surrender value will be available after the expiry of 3 policy years, provided the premiums have been paid for at least three years. The guaranteed surrender value allowable under this policy is equal to 30 percent of the total amount of the premiums paid excluding the premium for the first year, all extra premiums that may have been paid and the amount of survival benefits paid earlier.

The cash value of any existing guaranteed additions will also be paid.

Corporation may, however, pay special surrender value as the discounted value of Paid up sum assured and Guaranteed Addition, as applicable on date of surrender, provided the same is higher than guaranteed surrender value.

  1. EXCLUSIONS:

Suicide: This policy shall be void if the Life Assured commits suicide (whether sane or insane at that time) at any time on or after the date on which the risk under the policy has commenced but before the expiry of one year from the date of commencement of risk under the policy. In case of death due to suicide during this period the Corporation will not entertain any claim by virtue of this policy except to the extent of a third party’s bonafide beneficial interest acquired in the policy for valuable consideration of which notice has been given in writing to the branch where the Policy is being presently serviced (where the policy records are kept), at least one calendar month prior to death.

  1. COOLING OFF PERIOD:

If you are not satisfied with the “Terms and Conditions” of the policy, you may return the policy to us within 15 days.

Asav Patel

Digital Inspiration

Your Blog, Web site, Community or Forum is not just a Virtual Space for time pass or entertainment purpose only. Its your Business. It’s your Web Business and you are responsible for comments posted on your Blog.

According to Amit Agarwal of Digital Inspiration,

“It started when 19 year old Kerala resident Ajith D started an Orkut community against Shiv Sena that received several anonymous posts leveling certain allegations at the party. The Shiv Sena youth wing registered a criminal complaint, and Ajith was served a summons by a Maharashtra court to appear for the hearing.

Ajith got anticipatory bail from the Kerala High Court and moved the Supreme Court seeking quashing of the case.  The Supreme Court rejected the plea stating that Ajith was responsible for all the comments posted on the community and must explain his conduct in the Maharashtra court.

So if you’ve been hoping that the disclaimer - “All comments are views of users” - would save you from a legal tangle, you might want to follow this case very closely.”

So Blogging is not just your Time pass but it’s your serious Internet Business and you are responsible for everything about your Business including the comments posted by readers on your Blog.

So do your Business seriously and with soundness of mind…….

Asav Patel

Wise Bread:

Do you know that your Blog is not just an online site for Time pass or Entertainment. But its a Business. It’s a Web Business. And Government also treat it as an Internet Business/Web Business.

You will ask than….How?…. How Government treat Blog as a Business?

Well, because Government gives you Tax benefits & tax deductions for Expenses doing behind your Blog. According to Wise Bread Blog, there are 101 tax Deductions for your Blog (Web Business).

It means that suppose you earn Rs.1 Crore from your Blog in 1 year and some how you can show that you have spend Rs.90 Lakhs behind the Expansion, Maintenance or Growth of your Blog than you have to pay tax on just rest of the Rs.10 lakhs. All of your 90 lakhs are tax free.

Government treats blog as a Business on Paper.

Here are Top 30 Expenses that you can deduct for tax benefits. There are total 101.

  • Industry books & periodicals, including audio books
  • Other books and periodicals used for research
  • Library book charges
  • DVDs and CDs related to your blogging
  • Movie or theater tickets, if related to your blogging or freelancing
  • Music and TV show downloads
  • Magazine subscriptions
  • Research sites that require a subscription
  • Further education classes
  • Webinars
  • Business podcasts
  • Business-related websites (for me, that would be Adweek)
  • Memberships to professional clubs and affiliations
  • Internet access fees (at about $40 a month, that’s a biggie)
  • Public internet access fees (Internet cafĂ©’s, airports etc)
  • Stock photo purchases for your blog
  • Search Engine Optimization services and fees
  • Paid site submissions
  • Website hosting fees
  • Website design and/or maintenance fees
  • Website/blog templates
  • Domain name cost(s) and renewals
  • Blog expenses (e.g. WordPress additions)
  • Film & Digital cameras
  • Web cameras
  • Handheld video recorders
  • Digital memory cards
  • Recordable CDs and DVDs
  • Zip drives
  • Photo printouts
  • There are total 101 Expenses that you can show as your Blog Expense and claim for Deduction.

    Not only this but according to Wise Bread,

    “Your TV cable or satellite bill. I can deduct it because I need it…I work in the movie business. It’s a very nice deduction, too. If you blog about soaps, movies, TV shows, or anything else in the entertainment field, this could be a nice write-off for you.”

    Yes, you can also deduct your TV Cable or satellite bill if you are blogging about Entertainment Business.

    Asav Patel

    World’s one of the largest Bank Citi Group is in trouble. US may hike CITI stake to 40%. Citigroup is in talks that could see the US government take a bigger stake, a source said.

    A report in the Wall Street Journal said tax payers could own as much as 40% of the ailing lender. But the journal said Citigroup executives hope discussions will result in a government stake closer to 25%.

    Citi Group is a very much troubled Bank right now. Its many Assets are distressed and that’s why right now it is in the talk with US Government to acquire its 40% of Stake.

    Key News -

    - Citi group officials hope govt stake will be limited to 25%

    - White House has earlier spoken against nationalizing banks

    - Pref shares held by govt may be converted to common stock

    Markets relieved that end of uncertainty will bring stability.

    Asav Patel

    Government of India has given 3 stimulus to the economy up to now. This is the Final Booster Stimulus of Rs.70,000 Crores.

    FIRST STIMULUS PACKAGE, DEC. 7, 2008 -

    - across the board 4% excise duty  cut

    - Rs.20,000 Crore in additional expenditure

    - Benefits worth Rs.2,000 Crores for textiles, handloom, handicraft, gems & jewellery, leather and marine food.

    - IIFCL to raise tax-free bonds worth Rs.10,000 Crore

    SECOND STIMULUS PACKAGE, JAN.2, 2009 -

    - State government allowed to borrow another Rs.30,000 Crore

    - Interest ceiling on ECB removed

    - FII Investment cap for domestic corporate debt hiked to US $ 15 Billion

    - SPV created to lend Rs.25,000 Crore to NBFCs

    - Refinance facility of Rs.4,000 Crores for NHB

    - IIFCL allowed to raise another Rs.30,000 Crores via tax-free bonds

    THIRD STIMULUS PACKAGE, FEB. 24, 2009 -

    - General rate of central excise duty cut to 8% from 10%

    - 4% excise duty cuts to be extended into next fiscal

    - Service Service tax decreased to 10% from 12%

    - Ceiling for 2009-10 fiscal deficit for states raised

    IMPACT OF 4% EXCISE DUTY CUT IN DEC. 2008 -

    Auto: Prices cut by 3 % in December. However, car makers raised prices by Rs.5,000-14,500 in Jan-Deb 2009. So over all no effect.

    FMCGs: No Price Cut

    Steel: 4-5% price reduction

    Consumer Durables: Leading companies cut prices by 1.5%-2.5%

    IT Products: Select companies cut Computer prices by 1-4%

    IMPACTS OF EXCISE AND SERVICE TAX CUTS ON VARIOUS SECTORS/PRODUCTS: -

    01. Steel price to come down by Rs.500-600 / tonne for end users

    02. Consumer Durable makes to cut prices margin ally

    03. Bulk Cement prices to come down by Rs.4 per 50 kg bag

    04. Monthly bills for post-paid mobile users to come down 2%, post-paid users to get extra talk time.

    05. Truck prices to come down by Rs. 15,000 – 1 lakh, hybrid vehicles to get cheaper by up to Rs.28,000, 3-wheelers to be cheaper by up to Rs.6,000. No impact on small cars and 2-wheelers.

    06. International first and business class air ticket to get cheaper by Rs. 900-8,000.

    07. Relief for Credit Card users

    08. Cost of leisure and hospitality services like health clubs, spas, business centres, banquets to come down marhinally

    09. No impact on prices of medicines

    10. Automotive tyre prices will come down by upto Rs.500

    11. No impact on FMCG prices.

    Asav Patel

    logo[2]

    Tenders.Indiatimes.com

    If you are a Business owner than now you don’t need to search local news papers for tenders. Indiatimes brings “Indiatimes Tenders” for you. An Online Portal for Domestic Tenders.

    Indiatimes Tenders, India's premier tender portal  and  the  largest  repository  of  
    domestic tenders .

    This is the most popular online destination for government tenders, RFPs,  
    RFQs, RFX in India
    . You can also find a large no. of tenders published by leading PSUs , govt. 
    bodies and other  tender  publishers absolutely free of  cost  in  our hosted section, just at the 
    click of a button.


    The site covers  more  than  500 websites and  newspaper  publications from  all across India on a 
    daily  basis to  bring you business  opportunities  at  one destination. Indiatimes tenders also  
    offers a unmatched customer support services to our valued paid subscribers.

    The site has more than 1 Lakh Tenders available Online.

    You can also E-mail: sales@tenders.indiatimes.com

    or SMS TND to 58888

    or Call for Customer Support: 079-66121888 or 09228000116

    Asav Patel

    Real Estate in India

    Magicbricks.com

    MagicBricks.com is an Indian Online Property Site. Where you can find all the great Real Estate deals online.

    You can Buy, Sell & Rent Properties Online. Magic Bricks is the online portal which brings all the Real Estate solutions Online.

    Not only this but MagicBricks.com’s Home Insurance Service that guides you through the Entire process Online.

    Means Valuation –> Premium Calculation –> Secure Online Payment –> Instant Policy Delivery

    Magic Bricks helped you find your dream home online. Now keep it safe for as little as Rs.20/- per 1 Lakh.

    You can also advertise your property Online on MagicBricks. You can also chose residential and commercial properties from various real estate developers across India. You can also find and compare property rates here on this site.

    So I think Magic Bricks is the single shot Online Property Solution…………!!!!!!!!

    Asav Patel

    Right now Insurance Companies are selling Pension Plans at very wide scale across the India. But the thing is that – Is it Worth to Buy Pension Plans?

    People attract towards investing in Pension Plans is because of the word “Pension” in the Pension Plans. Some Financial advisors argue that a pension policy does not offer the best return or a good tax break compared to other Investment avenues.

    There are better ways to structure you your retirement corpus like PPF, Equities, Mutual Funds…etc…  Most people get lured by the word Pension in Pension Plans. But the amount you earn is taxable.

    You can build a retirement corpus by selecting a basket of various product options from different asset classes. Once you build the required corpus, you can hand over the money to an Insurance Company. It can manage your Corpus and provide a monthly Income through an immediate annuity.

    For those who are less disciplined when it comes to Investment habits and do not understand the complex by lanes of the Investment Game, pension plans could be a solution for their retirement needs.

    While Selling Pension Plans, agents rarely provide a benefit illustration beyond the retirement date. For Insurance Companies, pension schemes accumulate a savings corpus for retirement.

    It is a high time to review the options offered by the annuity providers in India. Here are a few”

    - Annuity Payable for Life

    - Life Annuity With Fixed Period Guarantees

    - Joint Life & Last Survivor Annuity

    - Annuity with Return of Purchase Price

    - Life Annuity increasing at a fixed rate

    Determinants of Rates -

    How much monthly Income an annuity receives for every Rs.1 Lakh paid depends on 3 variables. The First is the returns generated by an insurers on funds which in turn is influenced by prevailing yields on government bonds.

    Secondly, life expectancy also plays a role in pricing of the annuity. Generally the rate of return on life annuities is seen hovering around the rate of interest on the one year bank fixed deposits. But the factor to remember is that you can look the rate of interest on bank FDs for at most 3-5 years; while the pension amount is fixed for the life time of an annuitant or as per the option selected above.

    Asav Patel

    Aviva-youngscholar.com

    Whatever your child’s dream, realize it with Aviva Young Scholar.

    Aviva Young Scholar is a comprehensive child plan that secures your child’s future through:

    - Attractive returns to build the desired Corpus

    - Waiver of future premiums so the policy continues in the event of the parent’s death, disability or critical illness, while the sum Assured is paid out immediately

    - Regular Income for the Minor child to meet everyday expenses in the event of the parent’s death.

    Just SMS “YOUNG” to 5676737

    Brief Description -

    Aviva Young Scholar Plan is a non-participating unit-linked endowment plan that has been specially designed keeping in mind your specific needs as a parent. As parents, you are fully aware of the importance of good education.
    Good education helps greatly to pave the way for a young person in the adult world. Unfortunately, the cost of quality education, particularly higher education, can be burdensome. So you need to plan ahead for your child's future. This plan enables you to create wealth that your child will require for important milestones in his life and also ensures that the same is made available to him even if you are not around.
    The specially designed benefit structure of this product offers you complete protection against all contingencies like death, critical illness and disability.
    All these benefits come to you with a simple and competitive charging structure which ensures that you get the best-in-class investment returns.

    Superior Investment Returns -

    Obtain superior investment returns with:
    – Choice of 5 unit linked funds – Enhancer, Growth, Balanced, Protector and Bond Fund depending on your investment objectives and other investment flexibilities like Systematic Transfer Plan (STP) and Automatic Asset Allocation (AAA) Plan.
    – High allocation rates and a competitive charging structure.
    – Regular loyalty additions every 5 years on the Fund Value pertaining to regular premiums.


    Greater Convenience-
    – Flexibility to increase the level of protection and/or savings during the policy term through the option to increase premium and cover level.
    – Easy liquidity through free partial withdrawals after 5 years.

    Asav Patel

    All of you know that Google is world’s Biggest Web Property. It receives around more than 500 Million Unique Visitors per year.

    Google Mail, popularly known as Gmail, was attacked on Tuesday.

    Over 110 Million users were left in the lurch when the Gmail server crashed at 2 pm. The e-mail service provider sorted out the problem by late evening.

    The oldest trick of the day was used to hack into one of the widely-used e-mail service providers, when thousands of machines controlled by a group of people may have been access Gmail simultaneously, resulting in a crash of Gmail’s Servers.

    This means Google now needs to differentiate between machines and human beings.

    As all of these PCs may have accessed Gmail simultaneously in a matter of a few seconds, the e-mail giant, unable to handle the large traffic could have crashed.

    While this problem might not harm systems, Google’s service-level agreement states they have to provide 99.9% operational capacity every month. So 3 hours of no service accounts for 0.44% of the time Google couldn’t provide Services. This might lead to many corporates and individuals claiming compensation for their loss.

    Google Corporation has reported US $ 20 Billion (Rs. 1 Lakh Crore) Revenue in year 2008. And 99% of this Revenue comes from its 2 Advertising programs, Google AdSense & Google AdWords. So 3 hours of shutting down Gmail means millions of dollars of Revenue Loss to Google.

    Asav Patel

    Getting Rich is like a Game of a Chess. You MUST know the Rules of the game and you MUST apply those rules in favour of you to win (to be Rich).


    The reason why most of the people struggle financially through out their lives is because they don't know the rules of the game. In the game of a Chess first of all you have to know the rules of the Chess before you win the game. Once you know the rules of chess you have to learn those rules by practicing thousands of time.


    The game of being Rich is exactly like the same. Means you have to know the Rules of Money if you want to win at the game of Money.


    1) Tax Rules (Laws)


    2) Business Rules (Laws) / Corporate Laws


    3) Securities Laws


    4) Accounting &


    5) Science of money making money (Investing)


    Most of the people struggle financially because when it comes to win at the game of Money, they know little to nothing about the rules of the game. And sometimes they know the rules but they don't know when and how to apply those rules strategically to win the game.


    Take the Example of Chess. The people who don't know the rules of Chess will never win at the game of chess. Not only this but there are so many people around the world who know all the rules of Chess very well still they don't win at the game of chess.


    Do you know Why?........ Well because even though they know the rules, they don't know how to apply those rules effectively in their favour. And to master those rules it requires practice.


    The same is true for the game of Money, the game of getting Rich. There are so many people around the world who know the rules but they have never practiced those rules so they fail to apply those rules effectively when it comes to play.


    So what i suggest anyone is, First of all know the rules of the game of Money. Once you know all the rules, Learn those rules by practicing again and again and get master. This is how Rich people think. This is how rich people play a game of Money.


    I suggest anyone who want to be Rich to first learn the basic subjects on Money like Accounting, Budgeting, Business Laws, Tax Laws, Securities Laws, Investing, Budgeting and Personal Finance.


    First of all know all the rules of game of Money. After that start learning it by practicing. The more you practice the more are the chances of your winning in the game.


    I suggest anyone who is in High school or in college to learn the above Subjects. Accounting, Investing & Business laws are the subjects that are most important in Understanding the game of Money..............


    So start learning these subjects right now........ After all you have to Win the Game of Money....!!!!!
    Asav Patel

    ICICI preferred Gold Credit Card comes with HPCL Petrol pump benefits.

    Key Features -

    Interest Rate (% Per Annum) – 49.36%

    Interest Free Days – 48 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%

    Key Benefits -

    • Fuel surcharge waiver on fuel spends at select HPCL pumps (2.5 % of transaction value or Rs.10, which ever is higher).
    • Fabulous shopping deals & Delicious Dining Treats
    • Double Reward Point on every Rs. 200/- spent on hotel stays, airline ticketing and dining.
    • Travel Privileges

    LATE PAYMENT CHARGES

    • 30% of minimum amount due, subject to min. of Rs. 400 and max. of Rs. 600
    Asav Patel

    ICICI HPCL Gold Credit Card offers a wide range of Discount at HP petrol pumps all over India.

    Key Features -

    Interest Rate (% Per Annum) – 49.36%

    Interest Free Days – 52 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%; Min.Rs.10

    Key Benefits -

    • Refund of surcharge (2.5%) on fuel purchases at HPCL Outlets on ICICI Bank charge slip only. Transactions above Rs.3,000 will not be eligible to a fuel surcharge waiver
    • Earn 1 reward point on every Rs.200 spent on all purchases except on fuel purchases at HPCL outlets.
    • 15% discount on P.U.C check and labour charges at select HPCL petrol pumps
    • Discount on tyres, batteries and auto accessories sold at select HPCL petrol pumps

    LATE PAYMENT CHARGES

    • 30% of min. Amount outstanding (subject to min. of Rs. 350 and max. of Rs. 600)
    Asav Patel

    ICICI Gold Business Credit Card allows you the free access to the Domestic airport lounges.

    Key Features -

    Interest Rate (% Per Annum) – 49.36%

    Interest Free Days – 45 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel - NA

    Key Benefits -

    • Free Access to domestic airport lounges
    • Fuel Surcharge waiver of 2.5% across select HPCL pumps.
    • Low interest of 3.40% monthly as compared to other credit cards
    Asav Patel

    Kotak Trump Gold Credit Card is also a great Cash back Credit card.

    Key Features -

    Interest Rate (% Per Annum) – 37.20%

    Interest Free Days – 48 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.00%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%

    Key Benefits -

    • 10% Cash Back across Dining; Movies and Pubs (Max 9600 annually)
    • Free Add On Card
    • 3.50% Foreign Currency Transaction Surcharge
    • Fuel Surcharge to be waived only for transactions between values Rs.400-Rs4000
    • Railway Booking- surcharge waiver of only Rs 500 Annually

    LATE PAYMENT CHARGES

    • Flat fees -Rs. 350/-
    • Range Rs. 300/- to Rs. 600/- with 30% of Minimum Amount Due
    Asav Patel

    HDFC Premium Gold Credit Card is the perfect Cash Back Credit Card for those who travel by air and in Indian Railway….!!!!!!

    Key Features -

    Interest Rate (% Per Annum) – 35.40%

    Interest Free Days – 52 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%; Min.Rs.10

    Key Benefits -

    • Upto 5% cash back on domestic air transactions above Rs.10,000 throgh domestic airline websites.
    • Get 5% cashback on railway tickets purchased at the Indian Railways website..
    • Earn 2 reward points per Rs.150 spent and redeem against airmiles acoss leading airlines.

    LATE PAYMENT CHARGES

    • Nil for Credit card bills upto Rs.100,
    • Rs.100 for credit card bills between Rs.100 and Rs.500,
    • Rs.350 for credit card bills between Rs.501 and Rs.10000,
    • Rs.500 for credit card bills between Rs.10001 and Rs.20000 and
    • Rs.600 for credit card bills above Rs.20000.
    Asav Patel

    HDFC Gold Business Credit Card is for Business people. It’s a great Credit Card for Businessmen.

    Key Features -

    Interest Rate (% Per Annum) – 35.40%

    Interest Free Days – 45 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel - NA

    Key Benefits -

    • Get Up to 10 lacs as credit limit on the card basis the company / business financial
    • You will earn 1 Rewards Point for every Rs.200 spent on your Card
    • Withdraw cash upto 40% of your credit limit at a very nominal charge from any one of our ATMs or MasterCard Member ATMs
    • Petro Surcharge Waiver
    • Business Insurance Cover
    • Travel Insurance Cover
    Asav Patel

    HDFC Corporate Credit Card is mainly for Corporate Executives. It has a wide variety of advantages for Corporate Executives.

    Key Features -

    Interest Rate (% Per Annum) – 35.40%

    Interest Free Days – 50 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel - NA

    Key Benefits -

    • 24x7 online MIS availablity.
    • 60 MIS reports for better informed business decisions.
    • Substantial savings for the business through better negotiations with airlines, hotel chains and other service providers.
    • Streamlines accounting procedures by consolidating transaction data from around the world.
    • Helps in integrating with the exisiting accounting systems.
    • Helps in minimising paperwork and simplifying reconciliation and compliance tasks.

    LATE PAYMENT CHARGES

    • 30% of Minimum amount due subject to minimum of Rs 350 and maximum of Rs 600
    Asav Patel

    Key Features -

    Interest Rate (% Per Annum) – 37.20%

    Interest Free Days – 48 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.00%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%

    Key Benefits -

    • EMI on call facility
    • Free Add On Card
    • For every Rs.100 you spend, you earn 1.25 reward point.
    • 3.50% Foreign Currency Transaction-Surcharge
    • Joining Fee : Rs 25000

    LATE PAYMENT CHARGES

    • Flat Fees- Rs. 350/-
    • Range Rs. 300/- to Rs. 600/- with 30% of Minimum Amount Due
    Asav Patel

    HDFC Visa Signature Credit Card is for Travel lovers. It offers discount at 28,000 hotels and resorts worldwide.

    Key Features -

    Interest Rate (% Per Annum) – 34.48%

    Interest Free Days – 50 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%

    Key Benefits -

    • Earn 2 Reward Points for every Rs.150 spent on your card and double Reward Points (2 extra points) for every Rs. 150 spent above Rs. 15000.
    • You can transfer the outstanding balance on your existing credit card to HDFC Bank Visa Signature Credit Card at 0% interest for 3 months
    • Discounts at 28000 hotels and resorts across the world through your Travel Club Holiday membership

    • This card can avail you golfing benefits at premium courses in Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad and Pune.
    • Access to over 500 airport lounges across the world.

    LATE PAYMENT CHARGES

    • For credit card bills upto Rs.100, no Late Payment charges will be levied.
    • Late Payment Charges are applicable at the rate of Rs.100 for credit card bills between Rs.100 and Rs.500, Rs.350 between Rs.501 and Rs.10000, Rs.500 between Rs.10001 and Rs.20000
    • Rs.600 for credit card bills above Rs.20000
    • For credit card bills upto Rs.100, no Late Payment charges will be levied
    • Late Payment Charges are applicable at the rate of Rs.100 for credit card bills between Rs.100 and Rs.500,
    • Late Payment Charges are applicable at the rate of Rs.350 for credit card bills
      between Rs.501 and Rs.10000,
    • Late Payment Charges are applicable at the rate of  Rs.500 for credit card bills
      between Rs.10001 and Rs.20000 and Rs.600 for credit card bills above Rs.20000.
    Asav Patel

    HDFC Health Plus Credit Card offers so many health benefits and mediclaim related benefits.

    Key Features -

    Interest Rate (% Per Annum) – 35.40 %

    Interest Free Days – 50 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%; Min. Rs.10

    Key Benefits -

    • Withdraw cash upto 30% of your credit limit at a very nominal charge.
    • Get 2 supplementary cards completely free.
    • This credit card comes with a free cashless mediclaim cover of Rs.50,000 plus a critical illness cover of Rs.1.5 lakhs.
    • You have the option of extending the Rs.50,000 mediclaim plus the critical illness cover of Rs.1.5 lakhs cover to the add-on cardholders.

    LATE PAYMENT CHARGES

    • Nil for Credit card bills upto Rs.100,

    • Rs.100 for credit card bills between Rs.100 and Rs.500,

    • Rs.350 for credit card bills between Rs.501 and Rs.10000,

    • Rs.500 for credit card bills between Rs.10001 and Rs.20000 and

    • Rs.600 for credit card bills above Rs.20000.

    Asav Patel

    Enjoy the Exclusive Benefits of HDFC Value Plus Credit Card. Good Interest Free period. and low interest rate credit card.

    Key Features -

    Interest Rate (% Per Annum) – 35.40%

    Interest Free Days – 50 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%; Min. Rs.10

    Key Benefits -

    • Use your Value Plus Credit Card anywhere anytime during the year and avail up to 5% cashback on all retail spends.
    • Just step into any one of our ATMs or VISA Member ATMs and withdraw cash up to 30% of your credit limit at a very nominal charge .
    • Interest Free Credit period of upto 50 days from the date of purchase.
    • Revolving credit facility allows you to pay a minimum amount, which is 5% of your total bill amount or any higher amount whichever is convenient for you.
    • It allows you to transfer your balances from any other credit card at a nominal charge for a period of six mths.

    LATE PAYMENT CHARGES

    • Nil for Credit card bills upto Rs.100,
    • Rs.100 for credit card bills between Rs.100 and Rs.500,
    • Rs.350 for credit card bills between Rs.501 and Rs.10000,
    • Rs.500 for credit card bills between Rs.10001 and Rs.20000 and
    • Rs.600 for credit card bills above Rs.20000.
    Asav Patel

    Barclays Yatra Credit Card is for those people who want to travel a lot. It will give you Yatra Travel Miles as a reward points. And you can enjoy unlimited benefits from Yatra.com

    Key Features -

    Interest Rate (% Per Annum) – 35.40%

    Interest Free Days – 50 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.00%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%; Min. Rs.10

    Key Benefits -

    • Decide how much you want your minimum monthly payment to be - 5%, 7% or 10% of the total amount due
    • 200 Yatra Miles free! Even before you get the card
    • 2 Yatra Miles for every Rs. 100 spent on yatra.com
    • Exclusive Travel Concierge
    • Exclusive offers on Car rentals
    • Access to Golf Clubs and Golf Clinics
    • Free for life with no joining or annual fees
      Simple and fair fees
    • Annual fee: Free for Life
    • Interest rate: 2.95% per month, 35.4% annualized
    • Domestic and International ATM cash advances: 3% / min Rs. 300
    • Petrol Transaction Charge: 2.5% of transaction value / min Rs. 25
    • Railway Ticket Purchase: 2.5% of transaction value / min Rs. 25
    • 2 Yatra Miles for every Rs. 100 spent on yatra.com (any airline, any ticket booked through Yatra)
    • Redeem Yatra Miles online.Part payment or full payment
    • Optimise your golfing experience at exclusive golf clubs and special golf clinics across the world.
    • Golf courses in India include: Royal Kolkata (Kolkata), Royal Palms Golf Club (Mumbai), Classic Golf Resort and Golden Greens Golf & Country Club (New Delhi)
      Exotic Treats
    • Discounts up to 50%, at more than 100 premium restaurants from across Asia-Pacific

    LATE PAYMENT CHARGES

    • Rs 600 (in addition to the applicable interest charges)
    Asav Patel

    Barclays Premier League Credit Card offers you a wide range of flexibility in minimum monthly payment and installments. It is a low interest credit card and has a low Balance Transfer Rate.

    Key Features -

    Interest Rate (% Per Annum) – 37.20%

    Interest Free Days – 50 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.00%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5% Min. Rs.25

    Key Benefits -

    • Free for life with no joining or annual fees
    • Annual fee: Free for Life
    • Domestic and International ATM cash advances: 3% / min Rs. 300
    • Petrol Transaction Charge: 2.5% of transaction value / min Rs. 25
    • Railway Ticket Purchase: 2.5% of transaction value / min Rs. 25
    • Entry into prize draws to win Barclays Premier League tickets and merchandise
    • Receive your credit card statement when it is most convenient for you. 
    • Choose which week of the month you would like us to bill you. 
    • Choice of minimum repayment amount
      Decide how much you want your minimum monthly payment to be - 5%, 7% or 10% of the total amount due. 
    Asav Patel

    Barclays Smart Budget Credit Card is a really smart budget card. It allows Free ATM withdrawals for a certain period of Time.

    Key Features -

    Interest Rate (% Per Annum) – 37.20%

    Interest Free Days – 50 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.00%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%; Min. Rs.25 off

    Key Benefits -

    • Free for life Credit Card

    • Free domestic ATM cash withdrawal -Promotional Offer for a limited period of time

    • Your choice of fixed monthly payment (minimum Rs. 400) - Decide how much you want your minimum monthly payment to be - 5%, 7% or 10% of the total amount due

    • Choice of billing date -Choose which week of the month you would like us to bill you.

    • Simple and fair fees

    Asav Patel

    Key Features -

    Interest Rate (% Per Annum) – 35.40

    Interest Free Days – 50 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel - NA

    Key Benefits -

    • For every Rs.150 you spend, you earn 1 reward point.
    • Get upto 3 add on cards and enjoy the benefits of the HDFC Bank International Silver Credit Card
    • Zero liability on lost card
    • The HDFC Bank Silver Credit Card can be used for all your requirements, be it shopping, eating out, holidaying, fuelling up your vehicle, and railway ticket reservations.

    LATE PAYMENT CHARGES

    • Nil for Credit card bills upto Rs.100,
    • Rs.100 for credit card bills between Rs.100 and Rs.500,
    • Rs.350 for credit card bills between Rs.501 and Rs.10000,
    • Rs.500 for credit card bills between Rs.10001 and Rs.20000,
    • Rs.600 for credit card bills above Rs.20000.
    Asav Patel

    Key Features -

    Interest Rate (% Per Annum) – 45.09%

    Interest Free Days – 52 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%

    Key Benefits -

    • Exclusive Welcome Privilege (This comes at a first year annual subscription of Rs 2000 and a annual renewal fee of Rs 1000 thereafter).
    • Golf fee card with two year validity.
    • Priority Pass that provides you with access to the world's exclusive airport lounges.
    • High credit limit and cash limit.

    LATE PAYMENT CHARGES

    • 30% of min. Amount outstanding (subject to min. of Rs. 350 and max. of Rs. 600)
    Asav Patel

    Standard Chartered Bajaj Allianz Super Value Titanium Credit Card is a good credit card for Bajaj Allianz Policy holders. You can pay your Bajaj Insurance premiums in installments.

    The Standard Chartered Bajaj Allianz Credit Card allows you to pay your Bajaj Allianz insurance premiums through easy EMIs. What’s more, you earn 5% Cashback on Petrol transactions, 5% Cashback on telephone bill payments and 1% Cashback on all other purchases. Starting today, this is the only card you will ever need to use!

    Key Features -

    Interest Rate (% Per Annum) – 37.20%

    Interest Free Days – 47 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 2.95%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%; Rs. 10

    Key Benefits -

    • Pay your Bajaj Allianz insurance premiums through convenient installment options.
    • 5% Cashback on Petrol across ALL petrol pumps.
    • 5% Cashback on Telecom across ALL telecom service providers.
    • 1% Cashback on ALL other retail purchases.
    • Free lounge access at domestic and international Clipper lounges across the country.

    LATE PAYMENT CHARGES

    • Rs 350 for statement outstanding less than Rs.10,000
    • 500 for statement outstanding between Rs.10,000 and 20,000
    • 600 for statement outstanding greater than Rs.20,000
    • Late fee of Rs.100 will get debited over and above the late charges if the Minimum Amount Due is not received for two or more consecutive months.
    Asav Patel

    Standard Chartered Super Value Titanium Credit Card is the Cash back Credit Card. It is a great Credit Card Deal for those who want Cash back benefits.

    Key Features -

    Interest Rate (% Per Annum) – 37.20%

    Interest Free Days – 47 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 2.95%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%; Min. Rs.10

    Key Benefits -

    • 5% Cashback on Petrol across ALL petrol pumps.
    • 5% Cashback on Telecom across ALL telecom service providers.
    • 1% Cashback on ALL other retail purchases.
    • Free lounge access at domestic and international Clipper lounges across the country.

    LATE PAYMENT CHARGES

    • Rs 350 for statement outstanding less than Rs.10,000
    • 500 for statement outstanding between Rs.10,000 and 20,000
    • 600 for statement outstanding greater than Rs.20,000
    • Late fee of Rs.100 will get debited over and above the late charges if the Minimum Amount Due is not received for two or more consecutive months.
    Asav Patel

    Standard Chartered Emirates Titanium Credit Card is the executive Credit Card. It offers luxurious benefits to its holders worldwide.

    Key Features -

    Interest Rate (% Per Annum) – 37.20%

    Interest Free Days – 52 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 2.95%

    Reward Points Available – Yes

    Surcharge Waiver on Fuel – 2.5%

    Key Benefits -

    • The Titanium member is automatically enrolled with Skywards, the frequent flyer programme of Emirates Ailrlines, and is awarded complimentary 2,500 bonus Miles to start of.
    • The card also gets you complimentary access to Clipper lounges at airports across India.
    • Titanium card gives you comprehensive travel insurance.
    • The Titanium card offers free access to premium golf courses across the globe in Australia, China, India, Indonesia, Malaysia, Thailand and United Arab Emirates.
    • The card also offers you 10% discount at Flemingo Duty Free shops across the globe.

    LATE PAYMENT CHARGES

    • Rs 350 for statement outstanding less than Rs.10,000
    • 500 for statement outstanding between Rs.10,000 and 20,000
    • 600 for statement outstanding greater than Rs.20,000
    • Late fee of Rs.100 will get debited over and above the late charges if the Minimum Amount Due is not received for two or more consecutive months.
    Asav Patel

    HDFC Titanium Credit Card is the low interest Credit Card. It offers a wide range of benefits to the customers.

    Key Features -

    Interest Rate (% Per Annum) – 35.40%

    Interest Free Days – 50 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%

    Key Benefits -

    • Golf Course Referral and Reservation
    • Flowers and Gift Delivery Service
    • Dining Referral and Reservation Service
    • Lost Card Liability
    • Zero petrol surcharge
    • If your billing for the month is greater than Rs 10000, you earn 5 points for every Rs 100 spent incrementally!!

    LATE PAYMENT CHARGES

    • For credit card bills upto Rs.100, no Late Payment charges will be levied
      Payment Charges are applicable at the rate of Rs.100 for credit card bills between Rs.100 and Rs.500,
      Rs.350 for credit card bills between Rs.501 and Rs.10000,
      Rs.500 for credit card bills between Rs.10001 and Rs.20000 and
      Rs.600 for credit card bills above Rs.20000.
    Asav Patel

    ICICI Platinum Credit Card has high Credit Limit and Cash Limit in comparison to other Credit Cards. The Card also offers reasonable Balance Transfer Rate.

    Key Features -

    Interest Rate (% Per Annum) – 45.09

    Interest Free Days – 52 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 0.00

    Key Benefits -

    • High credit limit and cash limit
    • 1 reward point for every Rs. 100 spent
    • Air-accident insurance of up to Rs. 40 lac
    • Fuel-surcharge waiver across all petrol pumps

    LATE PAYMENT CHARGES

    • 30% of minimum amount outstanding (subject to min. of Rs. 350 and max. of Rs. 600).
    Asav Patel

    HDFC Platinum Plus Credit Card is for Food & Travel Lovers. Because it offers a good discount and Cash back at 28,000 Hotels and resorts worldwide. The Card also has lowest interest rate.

    Key Features -

    Interest Rate (% Per Annum) – 35.40%

    Interest Free Days – 55 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 0.00

    Key Benefits -

    • Discounts at over 28,000 hotels and resorts worldwide
    • 5% Cashback on Airline Bookings through HRG-SITA
    • Worldwide Concierge Services
    • 0% Fuel surcharge

    LATE PAYMENT CHARGES

    • Nil for Credit card bills upto Rs.100, 
    • Rs.100 for credit card bills between Rs.100 and Rs.500, 
    • Rs.350 for credit card bills between Rs.501 and Rs.10000, 
    • Rs.500 for credit card bills between Rs.10001 and Rs.20000 
    • Rs.600 for credit card bills above Rs.20000.
    Asav Patel

    The Kotak League Platinum Credit Card has a low interest rate and a low Balance Transfer Rate. Low interest rates makes it perfect Credit Card for Consumers.

    Key Features -

    Interest Rate (% Per Annum) – 37.20

    Interest Free Days – 48 DAYS

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.00%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%

    Key Benefits -

    • EMI on call facility
    • Free Add On Card
    • For every Rs.100 you spend, you earn 1.25 reward point.
    • 3.50% Foreign Currency Transaction-Surcharge
    • Joining fee - Ranging from 3000-12000

    LATE PAYMENT CHARGES

    • Flat Fees Rs. 350/-
    • Range Rs. 300/- to Rs. 600/- with 30% of Minimum Amount Due
    Asav Patel

    This is probably the perfect Credit Card for Indian Consumers. Because it gives lots of Features with it.
    This Credit Card comes with lots of benefits and features at various retail outlets over all India.

    Key Features -

    Interest Rate (% Per Annum) – 49.36%

    Interest Free Days – 52 Days

    Annual Fees (Rs.) – 0.00

    Balance Transfer Rate (%) – 1.50%

    Reward Points Available - Yes

    Surcharge Waiver on Fuel – 2.5%; Min.Rs 10

    Key Benefits -

    • A gift worth Rs 249 free on spends of Rs 111 and above in Planet Sports for the first 6 months on ICICI Bank machine.
    • 1 game free per month in F123/Bowling Company for the first 6 months.
    • 1 snack free per month in Sports Bar/SBX for the first 6 months
    • Rs. 200 off on spends of Rs. 1000 and above in Top 10 for the first 6 months on ICICI Bank machine.
    • Gift worth Rs. 250 free for spends of Rs. 1000 and above per month in Home Town and 10% Cash Back for purchase of Rs 10000 to Rs 50000 for the first 6 months on ICICI Bank machine.
    • Gift worth Rs. 250 free for spends of Rs. 1000 and above per month in Collection I and 10% Cash Back for purchase of Rs 10000 to Rs 50000 for the first 6 months on ICICI Bank machine.
    • Gift worth Rs. 250 free for spends of Rs. 1000 and above per month in Furniture Bazaar and 10% Cash Back for purchase of Rs 10000 to Rs 50000 for the first 6 months on ICICI Bank machine.
    • 1 Time Foot Massage Free per month in Star and Sitara for the first 6 months.
    • Dieticien's Advice and 1 Day exercising Free once in the first 6 months in Talwalkars Fit & Active.
    • Headphone worth Rs. 199/- free with every purchase through Future Card at E Zones for the first 6 months.
    • A Future Card & Futurebazaar.com Mug worth Rs. 50 free on first purchase of every month at futurebazaar.com for the first 6 months.
    • 10% off on bill at Cream Center for spends through future card on ICICI Bank Machine for the first 6 months.
    • 10% off on bill at Bombay Blues for spends through future card on ICICI Bank Machine for the first 6 months.
    • 10% off on bill at Copper Chimney for spends through future card on ICICI Bank Machine for the first 6 months.
    • 10% off on bill at Sphaghetti Kitchen for spends through future card on ICICI Bank Machine for the first 6 months.
    • 10% off on bill at Noodle Bar for spends through future card on ICICI Bank Machine for the first 6 months.
    • 10% off on bill at Penne for spends through future card on ICICI Bank Machine for the first 6 months.
    • 10% off on bill at The Spoon for spends through future card on ICICI Bank Machine for the first 6 months.
    • 10% off on bill at Yatra for spends through future card on ICICI Bank Machine for the first 6 months.
    • 50% discount on a range of Special Packages (Apollo Health Check Ups) for the first 3 months at Apollo Health & Lifestyle.
    • 15% off on Health Checkup for the first 6 months at Apollo Health & Lifestyle.
    • 20% off on Diagnostics Check up for the first 6 months at Apollo Health & Lifestyle.
    • 10% discount for spends on all Lilliput apparels at Lilliput and accessories for the first 6 months.
    • 15 % discount for spends on on all Lilliput Footwear at Lilliput for the first 6 months.
    • 30% flat discount on Slimming / Beauty / Hair packages at VLCC for the first 6 months
    • 30% flat discount on Beauty Services at VLCC for the first 6 months.
    • 15% flat discount on RBS (Salon Service) at VLCC for the first 6 months.
    • 15% flat discount on Domestic Packages at travelport for the first 6 months.
    • 10% flat discount on Weekend Breaks at travel port for the first 6 months.
    • 12.5% flat discount on International Packages at travelport for the first 6 months.
    • 2.5 % surcharge waiver on fuel purchases at select HPCL outlets
    • REWARD POINTS: 2 Points* on every Rs 100 spends at Future Outlets and 1 point on every Rs 200 spends on other outlets.

    LATE PAYMENT CHARGES

    • 30% of minimum amount outstanding (subject to min. of Rs 350 and max. of Rs 600)