Technodealz - Technology Updates & News

  EPF Online Transfer Process: Earlier, people were afraid of doing EPF money transfers due to manual paperwork and long waits, but now with the advent of technology, transferring an existing PF account to a new account has become more convenient than ever. EPF Online Transfer Process:  Employees' Provident Fund (EPF), popularly known as PF, is a government retirement savings scheme set up by the Employees' Provident Fund Organization (EPFO) for organized sector employees. In this scheme, employees contribute a small part of their basic salary monthly and the employer also contributes an equal amount towards the scheme.

  If Aadhaar card falls into the hands of a wrong person, it can also be misused. Therefore, it is very important to think about the security of Aadhaar. Have you ever wondered what is done with a person’s Aadhar card after his death? Aadhar card has become a very important document in today’s time. If you go to a bank to open your account then you need Aadhar card. Aadhar card is also required to avail the benefits of various schemes. That means, if you do not have Aadhaar then many of your works may get stuck. Aadhaar card contains information ranging from your name, address and phone number to fingerprint. In such a situation, if it falls into the hands of a wrong person, it can be misused. Therefore, it is very important to think about the security of Aadhaar. But have you ever wondered what is done with a person’s Aadhar card after his death? Is there any provision to surrender or deactivate Aadhaar to prevent its misuse? Know here- Can Aadhar be closed? There is no provision to s

  Post Office Franchise Scheme: You can also start business with Post Office. In this, anyone can personally open a post office by depositing a small amount of money and following the basic process. Post office is a successful business model. You can earn bumper income from this. Franchise arrangements have been made to increase the reach of post offices to every corner of the country. Post Office Franchise Scheme:  If you want to do business by associating with any government institution, then today we are giving you such a business idea. In which you can earn big money every month by joining a government institution. You can open a Post Office franchise. At present there are about 1.55 lakh post offices in the country. The government has expanded their facilities from time to time and many works are done through it. In this, all the work like sending money order, sending stamps and stationery, sending and ordering post, opening small savings account etc. are all done in the post offi

  Most banks tend to offer higher rates of interest on long duration fixed deposits. The top banks listed here give interest in the range of 6.5 to 7.5 percent per annum. SBI offers 6.5 percent on five-year deposits to regular citizens and 7.5 percent to senior citizens. Since the Reserve Bank of India (RBI) is expected to cut  repo rate towards the year-end , as per a  Reuters   report , thus triggering the low interest rate cycle — it is recommended to lock your fixed deposits at higher rates for the long term. And in case you want to make the most of the prevailing interest rates, you can explore the banks which offer the highest interest rates. Here we give a lowdown on banks offering highest rates of interest on their five-year-fixed deposits. Fixed deposit interest rates on five-year deposits Bank of Baroda : This state lender offers interest up to 6.5 percent per annum on five-year fixed deposits (FDs). Senior citizens are entitled to receive 7.5 percent on their deposits. Those

  UPI payment: Last year, NPCI has launched UPI Lite X feature to make payments through UPI in every corner of the country. In this feature, now UPI payment can be done even without internet. Let us know in this article what is the benefit of UPI Lite X feature and how it can be used. UPI payment:  If you feel like eating ice cream but don’t have cash or card, what to do now? Ten years ago, we needed cash even for small transactions like this, but it is not so now. Now even if we do not have cash, we immediately do UPI. UPI has completely changed the money transaction system. The Central Bank (RBI) is also taking many important decisions to increase digital payments in the country. If we look at the transaction process from the year 2016 when UPI was launched till today, a lot of changes have been seen in it. Even today, there are some areas in India where internet connectivity is not that strong. Last year, NPCI had launched the UPI Lite X feature so that UPI can reach all these place

  Dividend stocks are making sense now. Here are 5 which have also performed well on the bourses in 2024 so far. Dividend is a distribution of some of the earnings of the company to its shareholders. The dividend yield is a simple percentage of how much a company pays out in dividends each year relative to its stock price. (Image: Pixabay) Investing in stocks can yield returns in two primary ways: capital gains, which is the more commonly known method where investors profit from the increase in stock prices, and  dividends , a less flashy but stable income stream. This analysis will focus on  five top companies  that have excelled in both areas in 2024.

  Electricity Bill Rules: Electricity Department has made a new rule for collecting security money, now the amount will be added to the bill every month. Central Zone Executive Engineer Gaurav Saklani said that the security deposit is decided on the basis of electricity consumption of the consumer. If the consumer does not pay the electricity bill, some money is already deposited with the Energy Corporation as security deposit. On closing the connection, the entire security amount is refunded to the consumers. Electricity Bill:  Additional Security Deposit (ASD) collected from consumers will be recovered in installments every month. Earlier this was collected in lump sum in a year. This security deposit is determined on the basis of the consumer’s annual electricity consumption. Which the Energy Corporation has started collecting in installments from the April bill. However, there is still confusion among common consumers regarding this. In Uttarakhand, electricity rates have been incr

  Under the new framework, APY subscribers can select their preferred CRA from CAMS, KFin, and Protean eGov Technologies for the initiation and upkeep of their accounts. As per the NPS Trust website, there are some 5.55 crore APY subscribers as of March 31, 2024. The Pension Fund Regulatory and Development Authority (PFRDA) has recently notified that it has expanded the avenues for opening Atal Pension Yojana (APY) accounts with three new central record-keeping agencies (CRAs). In a May 3, 2024 circular, PFRDA said it would allow the Point of Presence (PoP) registered with the authority to choose one or multiple CRAs to service their APY subscribers. Before this, only one CRA - Protean eGov Technologies Pvt Ltd - was responsible for opening and maintaining APY accounts.

  How To Become A Crorepati With National Pension System National Pension System (NPS) also commonly unknown as the National Pension Scheme is emerging as a popular investment-cum-retirement product. According to experts, the NPS encompasses all the desirable attributes of a retirement savings product: it offers long-term investment potential with minimal costs and a low-risk profile. So what are the benefits of NPS? How much retirement corpus will you get with NPS and what will be your monthly pension? Can you become a crorepati by investing in NPS? We take a look at top 10 things you should know about NPS, NPS calculator, scheme details, returns etc. (AI image) What is NPS? NPS is a market-linked voluntary contribution scheme designed to assist individuals in saving for retirement. This scheme is seen by experts as an effective investment for enhancing retirement income. Introduced by the Central Government, NPS aims to provide individuals with a pension income to support their retir

  Banks usually offer up to 80 bps extra interest rates to senior citizens over and above the regular fixed deposit rates. Banks also launch special FD schemes for senior citizens time to time, which offer up to 20-30 bps additional interest rates. FD interest up to 9.5%! Fixed deposit rates revised by these banks across tenors (Representational image: Freepik) Banks revise their interest rates on fixed deposits (FDs) or term deposits on a periodic basis for general customers and senior citizens. We will discuss in this article about the best FD rates being offered by 10 small finance banks in the country. These small finance banks offer senior citizens (aged 60 years and above) fixed deposit rates of up to 9.50% annually on tenures spanning 1 year to 10 years. Banks usually offer up to 80 bps extra interest rates to senior citizens over and above the regular fixed deposit rates. Banks also launch special FD schemes for senior citizens time to time, which offer up to 20-30 bps addition

  Bank Account Zero Balance: RBI has a guideline regarding this, which says that you do not have to pay a single penny in case of minus balance. Banks cannot recover money for this. Bank Account Zero Balance:  Nowadays, most of the work related to banking is done through phone only, people can do all such work in a jiffy through their UPI app or net banking. However, whenever a big thing gets stuck, one has to go to the bank for it. Many times people have more than one account, in some accounts even the minimum balance is not maintained and due to this they go into minus. In such a situation, when you ask the bank to close this account, many times you are asked to repay the amount that has gone into minus. Today we will tell you what is the rule of Reserve Bank of India i.e. RBI regarding this. Bank Account Zero Balance: RBI has a guideline regarding this, which says that you do not have to pay a single penny in case of minus balance. Banks cannot recover money for this. Bank Account Z

  Driving Test in Kerala: Kerala Motor Vehicles Department (MVD) has made several major changes in the rules of driving test. According to this new rule, now driving license applicants will have to give real life driving test. Driving License rule:  Now it will be even more difficult to get a driving license in Kerala. Because Kerala Motor Vehicles Department (MVD) has made many major changes in the rules of driving test. Even the applicants will now have to give a real life driving test. That means you will have to prove your driving skills by driving in busy traffic. Apart from this, some other changes have also been made in the test rules. What are the new driving test rules? Recently the order was issued by Kerala Motor Vehicles Department (MVD). According to which, it will now be mandatory for driving license applicants to give a driving test on an actual busy road. Apart from this, the department has made many tests like angular parking, parallel parking, zig-zag driving mandator