Friday, March 11, 2011
EMI CALCULATOR / AUTO LOAN CALCULATOR
Car loan EMI calculation was never this easy. Just enter the amount of loan you want to get financed and interest rate. EMI Calculator calculates installment on reducing balance. EMI Calculator does not include any other processing fee or possible charges which may be applicable as per the rules of financing institutions.
http://www.carwale.com/finance/calculateemi.aspx
http://www.bankofbaroda.com/calculators/index.aspAuto car loan calculator / EMI Calculator
Car loan EMI calculation was never this easy. Just enter the amount of loan you want to get financed and interest rate. EMI Calculator calculates installment on reducing balance. EMI Calculator does not include any other processing fee or possible charges which may be applicable as per the rules of financing institutions.
http://www.carwale.com/finance/calculateemi.aspx
Wednesday, March 2, 2011
NEFT TIMINGS IN INDIA
National Electronic Fund Transfer (NEFT) timings from RBI is 9 A.M. to 7 P.M. (Earlier it was from 9 A.M. to 5 P.M.) on weekdays and 9 A.M. to 1 P.M. on Saturdays. There won’t be any transactions on Sundays.
However, the banks credit money to RBI accounts on the same day only if you initiate a transaction an hour/one and half hour before the cut off timings. The banks will take some time to pool all the requests and send them to RBI. So effectively, the cut off timing varies from bank to bank depending on their systems. For example, Citi bank India accepts NEFT transactions between 9 A.M. and 5:30 P.M. on weekdays and 9 A.M. and 11:30 A.M. on Saturdays.
The actual credit from RBI accounts to the destination bank happens once in every 2 hours during the above specified period. On weekdays it happens 7 times viz. 9 A.M, 11 A.M, 1 P.M, 3 P.M, 5 P.M and 7 P.M. and 3 times on Saturdays viz. 9 A.M, 11 A.M and 1 P.M.
