Best Business Travel Credit cards for Indian Corporates

 6 Top Business Travel Credit Cards for Indian Corporates

Travelling to different parts of India and abroad does not, in fact, have a lot of expense, especially when the movement occurs frequently from place to place. The above statement will be explored in connection with some business development/marketing activities. It will be a good solution for travel credit cards to cover expenses while travelling for a short note to meet corporate emergency needs.

Top 6 Travel Business Travel Credit Cards for Indian Corporates

Below is a list of 6 top business travel credit cards to be selected for the company’s young corporation.

Top 6 travel credit

CITIBANK corporate credit card

Citibank Corporate Credit Card is one of the best business cards for Indian corporates.

CITIBANK

America platinum announces corporate credit cards

Easy cost management and exemplary services are available within ‘card’ distance.

Americal Express credit card

SBI platinum credit card company

Corporate Platinum Credit Card HIS another option for a trip to space for business/business purposes, without worrying about interest costs out of pocket.

SBI Platinum Corporate Credit Card

HDFC PREMIUM Corporate Card

The best travel for the Top 6 Business Credit Cards offers unparalleled travel and other entertainment at the HDFC bank’s credit card first class in black plastic.

HDFC PREMIUM Corporate Card

Axis Bank – My Business Credit Card

This, of course, is one of Axis’s ideal options for effective management of the business and for more effective control over official travel and business expenses.

Axis Bank – My Business Credit Card

Kotak Bank – Corporate Gold & Platinum Credit Cards

Kotak offers high scores at each transaction, using the Bank’s Corporate Platinum Card.

Kotak Bank – Corporate Gold & Platinum Credit Cards

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Sukanya Samriddhi Account-Govt’s Special Scheme for Girl child

Sukanya Samadhi Account – Child Development Project – Variety Properties, Review & Advantages

The Sukanya Samadhi Account (SSA), which started as Beti Bachao-Beti Pathao (BBB), officially began on January 22, 2015. These availabilities are introduced by our Prime Minister Narendra Modi.

Sukanya Samriddhi Account / Yojana is a small fun specially designed depot scheme for girls. This scheme is specifically designed for college or marriage.

Minister of Finance Arun Jaitley has announced this scheme with his speech in July. The Gazette on this scheme was released on 2 December 2014. January 21, 2015, the Finance Ministry issued a notification for the adequate interest rate on the Sukanya Samriddhi Account.

We can understand the features and benefits of the Sukanya Samadhi Account Special Savings Deposit Scheme.

Sukanya samriddhi account

Features of Sukanya Samadhi Account (SSA):

  • Who can open the account?
    • Sukanya Samadhi can open A / C (or Kath) in the name of a girl who is a nature (organic) parent or legal guardian.
  • What is the age limit?
    • The SSA can be opened in the name of a girl until the age of the girl is 10 years old. (Girl who was in or after 02-12-2003 can open an SSA / SSI account).
  • How many accounts can open?
    • The investor can open and operate the same account for the same boy under this program. The Guardian (or) Guardian can open only two accounts in SSS.
  • How to open an SSA account (Open Savings Account opening procedure)?
    • The accounts of a girl can be opened in any of the branches of a bank in the post offices or by the Central Government authorized by the Central Government to open an account under these scheme rules.
  • What is the minimum deposit to open an account?-SSA If the deposit is deposited in the amount of Rs 20000 or Rs 200 for a certain amount of money then a minimum amount of Rs 200 lakh is deposited in an account in a financial year.

        What is the maximum deposit amount? – At least one thousand rupees will be deposited in the financial year. However, the amount invested in a single instrument or multiple occasions in the account shall not exceed Rs. 1.5 lakhs

  • Deposits/contribution in an account is made for 14 years from the date of account opening.
  •  Upon completion of 21 years from the date of opening of the account, there is an option to retain the account in respect of the Project marriage. Then, the maturity of the account is 21 years. If the girl is married before the date of account opening or 21 years of completion, whichever is first.
  • Will a girl account continue after marriage?
    •  Account activity before the marriage of the girl is not allowed.
  •  What are the necessary documents to open Sukanya Samadhi account?
    • The girl’s birth certificate should be produced. An investor (parent or guardian) must submit his / her identity to prove the address.
  • Download the Sukanya Samadhi Account / Yojana (SSA / SSY) Application Form. (Please submit this SSA Application Form Post Office by clicking on the below image and downloading the form Download your Form Office Savings Bank Page Form and then you can print)

SSA Application form

 

  • When an account begins, a deposit account will be issued to the investor. This will include the date of birth of the girl, account opening date, account number, the amount and the amount deposited by the account holder’s name and address. Purchase Deposit/deposit at the timeframe of interest on investors in the post office or bank.

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RBI hikes Interest rates on your Personal Finances

RBI Interest Rate Increase – The Impact on the Economy & Personal Finance

One of RBI’s key functions is to control the money supply in the economy as well as ‘credit costs’. That is, how much money is available for the industry or economy and what price it should have the paying economy to borrow the money. ‘Availability of money’ is nothing but liquidity and ‘borrowing costs’ is the interest rate.

Both of these (offering money and credit costs) are closely monitored and controlled by the RBI. Inflation and economic growth are strongly influenced by these two factors.

To control inflation and growth, the RBI uses certain tools, such as

  • CASH RAINABLES RATIO
  • LIQUIDITY RELATION UP TO, REPO LEVEL, AVERAGE LEVEL, etc.

A rate of RBI Increase – Impact on the Economy

RBI Hike interest rate

 

The major national and international economic factors that could lead to the possibility of an increase in bank interest rates are:

  • Crude Oil Prices
  • Inflation Rate: In addition to higher oil prices, the Govt Push device for minimum cost price, revisions to the governing body, a good Monson, etc.,

Repo rate inflation

  • Current Account Deficit
  • Value of Rupee: Because of the above factors, the value of the Rupee against international currencies such as the US Dollar has weakened.

weakening rupee value 2018

So, to withstand the inflation rate, the RBI may raise interest rates. But, this could lead to lower economic growth.

RBI raises interest rates – Impact on Personal Finance

When we need money, we take a loan from the bank, the bank imposes a certain interest rate on this loan. The rate at which banks borrow money from RBI by selling their government securities surplus to the central bank (RBI) is known as the “Repo Rate.” Repo rate is a short form of Buyback Rate.

rbi hikes rates impact on home loan

If you plan to buy the property through a short-term loan, you can decide on a “fixed rate loan”. E homeowners could make a partial advance payment of the loan (if you have a separate fund) to reduce the EMI exposure after the interest rate is set.

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