Telecos to be ready with new KYC process by Nov 5

Aadhaar is no longer used as a form of e-KYC for verification by internet and telecom service providers, so the Department of Telecommunications (DoT) has instructed companies to come with a viable alternative by November 5. DoT ordered the discontinuation of Aadhaar as a form of Know-Your-Customer (KYC) after the Supreme Court ruled on September

Dell company are recruiting fresher for the post of Associate Sales Engineer Analyst

Dell Recruitment 2018 scheduled to hire Associate Sales Engineer Analyst & Software Engineer for Engineering graduates at Bangalore Office. The detailed eligibility criteria and application process are given in below. Dell Recruitment for Software Engineer: Company Name Dell Job Role Associate Sales Engineer Analyst Qualification Qualification Experience 0 to 2 yrs Job Location Bangalore Last

SBI’s Mobile Wallet ‘SBI Buddy’ To Be Discontinued

The State Bank of India (SBI) will be shutting down its mobile wallet Buddy on 30 November 2018, according to its official website. The bank has already started closing down wallet accounts with nil balances. SBI had launched the mobile wallet Buddy in August 2015, in 13 different languages in collaboration with MasterCard, as the

Aadhaar-based MicroATMs provides card-less, PIN-less banking

Unique Identification Authority of India (UIDAI) has launched Aadhaar-based MicroATMs to facilitate card-less and PIN-less monetary transactions in the country. With MicroATMs, users can access basic banking services solely through their Aadhaar number. This primarily allows India’s rural populace to seamlessly carry out digital transactions without having to own a credit or debit card. Aadhaar

Here’s How Much SBI Charges For Non-Maintenance Of Minimum Balance

SBI or State Bank of India, the country’s largest lender, requires customers to maintain an average monthly balance (AMB) in their savings bank accounts. Average Monthly Balance (AMB) is the minimum average of deposits required by the bank customers in their savings bank accounts. Customers failing to meet the AMB requirements in a month have to bear

How to de-link Aadhaar from Bank, Mobile and More

The Supreme Court of India on Wednesday, 26 September, announced that private entities cannot demand that Aadhaar be linked with various accounts. Users will not be mandated to submit their Aadhaar ID to open new bank accounts or to issue new SIMs. The ruling also states that a person has the rights over their data

Income Tax Department Extends Deadline For Filing Return, Audit Report

New Delhi: The government Monday extended by a fortnight till October 15 the deadline for filing Income Tax Return (ITR) and audit report for financial year 2017-18. The Central Board of Direct Taxes (CBDT) had received representations from stakeholders seeking extension of the last date for filing of returns by taxpayers whose accounts have to

Govt says No more electricity bills to your home! Here is why…

Electricity bills reaching homes will be a history soon as government is currently planning to revolutionise the entire billing system by making all meters smart prepaid in the next three years. “In next three years metering will go smart prepaid, and gone will be the days of bills reaching your house. So need of the