New vacancy from ING Vysya Bank Ltd

ING Vysya Bank ltd has announced an exciting and challenging job vacancy for Indian graduates for the post of phone banking officer. If you are fresher you can apply but it would be beneficial for those who are having some experience in BPOs. This job is based on face to face Interview. Contact directly at bank's website. To go to website of ING, click here.

New Recruitment from Assam Gramin Vikash Bank

Assam Gramin Vikash Bank invites application from Indian citizens who have a bachelor degree either in commerce or arts. This job is based on face to face interview and one have to send his/her resume direct to Chairman of the Bank. Post name is office assistant and pay scale is Rs.10000 per month. Total no. of post is five and last date is 9th of march 2013. For this job, one should be familiar in basic Indian Accountancy. Click here for information.

Job in Karnataka Bank for Higher Degree Holder

Karnataka Bank has announced new vacancies for the B Tech, B. E., B> Sc. and LL. B. degree holder. age limit is 30 years. Pay scale is 31450. Date of exam is 13 april 2013 and last date of apply online is 15 march 2013. Application fees is 250 for General candidate and 150 for SC and ST. Click here for more information.

New Vacancy from Karnataka Bank ltd

Karnataka Bank Ltd is inviting applications Indian graduates for the post of clerk. Age limit is 28 years and pay scale is 18250. Application fees is 200 for general category and 150 for SC, ST candidates. Last date for apply online is 15th march 2013. Click here to apply online and know more about the exam.

Latest recruitment by Uttrakhand Gramin Bank

Uttrakhand Gramin Bank has announced latest bank recruitment for Indian citizens for the posts of office assistant and officer scale - I. If you have appeared in common written examination conducted by IBPS, you can go foreword to apply this latest bank job. Minimum educational qualification is a Bachelor degree for the both posts and you must also have proficiency over the local language of State. Pay Scale is Rs. 7200-19300 for the post of office assistant and 14500-25700 for the officer scale - I. Click here to know more about the exam and other information.

Latest Vacancy from Canera Bank

Canera Bank has announced new vacancies for the various posts of special officers JMGS-I and MMGS-II scale. This time is for higher and professional degree holder like - B. Tech, B.E., MBA, LL.B. and  M.A.
Pay scale is 14500 - 25700 for JMGS-I and 19400 - 28100 for MMGS-II. Application fee is Rs.20 for sc/st/pwd and Rs.100 for all others. for more detail click here.

Current Recruitment from Narmada Jhabua Gramin Bank

Narmada Jhabua Gramin Bank invites applications for it's current recruitment of officer and office assistant. Pay scale is 7200 - 19300 for office assistant and 14500 - 25700 for officer scale - I. The job location is Indore and local language proficiency is essential for both the post. Qualifying IBPS score is mandatory to be appear in exam and a Bachelor degree as educational qualification. For more detail about examination click here

Latest Recruitment from Nagaland Rural Bank

Nagaland Rural Bank announced latest recruitment for the post of officer and office assistant. Candidate who appeared in common written examination held by IBPS can apply for this latest bank exam. Educational qualification for both the post is Degree in any discipline with a recognized university in India and should be proficient in Nagaland local language. It seems to be a chance for local of the state. Click here to know more about the vacancy.

Chief Economic Advisor - Recruitment from State Bank of India

State Bank of India is a renowned name in Indian Banking Sector. Current opening for finance post graduate having minimum experience of 12 years is a great opportunity to make it large in banking and finance. Chief Economic Advisor will work on a contract basis. Contract period is 3 year but it can be expand by authority. Salary is very attractive - 50 lacs per annum. Someone who serving banking for a long enough time and want to do more in the sector must apply for it.

Selection will be made through personal Interview. last for apply is 20th february 2013. To download form and details click here

Upcoming Bank Exams – Get Ready To Accomplish the Goal

Banking industry has become one of the most desired career choices of today’s youth. Recession and uncertainty at private companies, Govt jobs are spreading among the people as the best career option. That is why PSU banks are being dream for job seekers. But, still banking in private sector is a dream job for millions. There are lots of privet sector banks which are opening doors to enter a financial institution in order to make a bright career.  Whatever the type of bank you want to join, the first thing you need to do is to make scheduled preparation strategy for these bank exams. Let us have light on points of preparation for upcoming bank exams

For PSU banks you need to clear first common written exam (CWE) held by IBPS which is essential for every aspirant of officer and clerical grade. For 2013, it is not specified date yet but still you need to get prepared for it without waiting the date. You have to clear this exam for qualifying upcoming bank exams. The syllabus is consisting of reasoning, quantitative aptitude, general English and general awareness. Just make a time table in which divide the period for each subject to study. Arrange best books by markets. Here we will discuss on preparation of every subject.

For GK start reading newspapers and quality magazines regularly. First off figure out previous years papers and then make a conclusion about the obvious kind of General Knowledge. Consider newspapers as study materials while reading. Listen news carefully and pick up topics in your mind and later elaborate on by discussing with friends and rememorize by writing.

English is being regarded as the worst part of bank exam. But you don’t need to worry about it. Just start it. Buy some best grammar books of English and give time to understand the English. Keep one thing on your mind about any language that it cannot be as proper as any other subject. But, still you need to go through the syllabus and find out best Grammar books around you. Conquer your English fear by hunting grammar correct. Do lots of example. Read English newspapers. If you feel that you can’t do it without any assistance, you can join any expert caching class for it.

Quantitative Aptitude is based on your school level maths. It just need practice as much as you can. There is no other choice. In upcoming exam you will need to be faster than your competitors in solving mathematics puzzles. Arrange best writers books and start solving question as mathematics puzzles.

Reasoning Ability is much similar to mathematics. Not in form but in method of preparation. You need to do just practice more and more. It is a logical test in which you should focus on the questions.

These are some tips to get success in upcoming bank exams. You can also make career in banking by fighting direct interviews. Many private sector banks hire peoples on best salary in industry. Just focus on your goal. Be specific in your career selection.

How to Make it Fast to Get Approval of Personal Loan from Bank

There may be lots of reason to want a personal loan. Whatever is it but you need to know how is it possible to avail personal loan best provided by a bank. Bank will allow you to get loan on basis of your credit score personally and professionally. If you don’t have negotiable credit scores, there are fewer choices exist then. Yet even if your credit is not so good you can make it possible to get personal loan. Let’s figure out all aspects of getting loan from bank fast and easy.

Decide first the purpose of availing a bank loan for. For instance- you might want to start a new small business or to buy some assets. Whatever is need, you just be clear about it and make ready all necessary papers to show bank in process of loan approval. Bank don’t give you loan on basis of nothing you have as wealth or money liquidity. If you have some property or wealth, then it would be easy to get loan faster. If you are a salaried employee, then make up to date your salary certificate or latest ITR.

First off, you need to explore all banks according to their current reputation in market in order to make loan faster. Research on internet and ask experts and current borrowers about the service bank is providing. Pick-up some most famous and renown banks in subject of faster loan services. Afterward discuss on some online forum about what you exactly want from a bank relevant to loan approval. Find out some financial and banking websites and ask directly about your query by mail.

After selecting best three banks among many, compare by interest rate, approval time, credit scores and security drop. Watch out smartly which is best in relevant to your standards. Now you go through direct inquiry to bank person by mail or phone call. Find out who is telling lie or which is reliable in real. After pondering these banks pick best one and go for next step.

Now file application online and bank will check it out if you are eligible or not for personal loan by their criteria. Remember that you must collect all the documents which bank can ask for to submit or show at the time of Loan approval.

To get personal loan from bank is not so easy but you can make it fast and easy if you have some pre-planning and ready documentation before going on the way. You should also go with alternative options that you would be able to repay your loan soon. Discuss about repayment of loan with your bank also. In middle way if you are not satisfied with your bank service or any other bank is providing better interest rate than current bank, you can switch loan to other bank.

Calculate Your Income and File Your First Income Tax Return

Filing your first income tax return can make you feel mature over financial liabilities. But it can make little bit sluggish if you are a dummy. You need to gather all essential data before going ahead in filing first return. No, it’s not about to worry so much like you can’t do it by your own hand. Just keep some necessary things in mind while going on the way. Ask these questions yourself and find best answer.

Is your Income Taxable

Foremost, write down all your income sources including main head. Here we suppose you a salaried employee and getting paid fixed monthly sum by your employer as partake of annual package. This annual salary package is your main income source. Your taxable income will be determined by net income from salary including basic salary, dearness allowance, other special allowance and bonus. This net income from salary is main head of your income tax excluding HRA.

Do you have any assets or wealth

If you own any kind of property like land, house or shop etc. You need to mention it in your income tax return. You can earn money by renting your property. These incomes also will be negotiated as an income source apart from main one. If these your property are not an income origin however it would be calculated as your wealth which also include some other head like jewellery, property and other house hold assets. Every year these assets bring fix depreciation and their value get persistently loss year by year and your tax will be determined on contemporary value of asset and wealth.

Do you have any investment

For the most part salaried people invest a fix amount of their monthly or yearly salary income in Bonds, PPF, Shares, Gold, Mutual Funds, Life Insurance or many other stream in order to make extra income or sometimes avail tax benefits.

Ok now serf internet to assemble some useful information about current tax liabilities. Do your best effort in making research before filing first income tax return. Be certain about latest Tax rebate and liabilities by researching and asking some experts. Afterward make a Tax Calculation page in which mention all the heads where you need to pay tax and where you get rebate on paying tax. After making your tax calculation page, file your first ITR.

If you have filed wrong calculated income tax and want to reform it, you can go for it by filing revised return. You can also pay advance tax which can be settled down in next ITR.

Personal Loans - Lets You Climb Out Of Debts

Tough times come when you no longer can bear the pains of heavy debt. At times, it becomes like swimming in the mid-ocean, surrounded by sharks. We know that you may feel a little creepy with this example, but it is true, many went through such difficult times.

As you encompass hard times in life, most people find themselves in deep debt and they lose options as days go by. In this present state of economy, many people are feeling helpless, as it is making harder for the people to get back on their foot and rebuild their lives.

When debt comes near, then you crawl nearer to bankruptcy and in such situation, it is better to apply for a personal loan for bad credit management purposes. And this type of loan is quite popular option for those people who are looking for a change.

In the market, you may find some specialist lenders who are ready to offer this type of loan for people who are currently moving through a hard state and needs to avoid a bad credit score. This type of loans generally aims to improve the credit score, improve the financial status and restore back a normal life for you.

Have One More Sip on Personal Loans for Better Understanding

Yes, personal loans take a lot of time to be processed, as lot of reviews are done by the financial institutions and specialist lenders. As the economical state of the country is gruesome, so many people are finding themselves in bad debt. And to get rid of the debts, personal loans are an easy way out.

Specialist lenders who are willing to approve, does it with a little risk on their end. If the personal loan is approved, it will be used by the loan applicant to repay all his debts.

We know that it is sounding strange, to repay one debt with another, but this principle is able to give a stable financial status. These kind of consolidated loans allow repaying the lenders existing debts. You know consolidation loans are having easier terms and you can repay it over a longer period, making it comfortable for you to pay back the loan.

What are those exceptions, and what you need to consider while applying for a personal loan?

It is risky, when you think to apply for a personal loan as it comes with a lot of exceptions and considerations. A specialist lender does a lot of scrutiny of your financial state before they sanction you a personal loan.

Credit reports are in huge demand for major credit agencies, when applicant goes on for applying for a personal loan. The lender will also look at the existing debt amount and will carefully review it. Present financial situation of the applicant is reviewed and if the lenders find it feasible then they will approve the loan.

Now if you are opting for personal loan, then it will ease your financial state, as the loan you need to repay can be continued longer period. And the monthly repayment sum is quite lower than the usual debt amount, which you earlier had.

Last Way Out

Some might think that it is risky from both ends, applicant as well as lender, to approve a personal loan. However, this is the best way to repair your bad credits and stabilize your falling financial situation. Opting for bankruptcy and leaving behind bad credit marks for the rest ten years, is not applicable. Therefore, try out the personal loans and ease your financial status once more.

Author’s Bio: Margaret Collins, author of this article is head outbound outreach consultant, working with reputed outbound contact center. She is having adept knowledge on outbound telemarketing services and let the customers know how their outbound financial solutions can facilitate businesses.

 

5 steps to secure your retirement

5 steps to secure your retirement

When you will have a good financial status after getting retired your job or business, you are really a future planner of your personal finance. Plan for secure your retirement is so essential that you have to start saving today for. Include a slab to be filled out with a decent amount of money in your money-saving plans. Read on to know more about to add what in order to make secure retirement -

Fixed Deposits

Starts making some fix deposits today for long term. Research on latest bank's fix deposit plans and choose best one in comparison of interest rate. You can extend when it get matured, if you don't need that money at the time. For example you deposit a sum of money for five year and when it has been matured you don't need to withdraw this amount. You can then re deposit it for another long time period. You should also deposit your bonus and any other extra income apart from salary or fix regular income for long term concern to secure your retirement.

Invest in Property

If you have good financial management today and earn by multiple source of income, you can save a lot and try to buy a good property according to your status and pocket. Property price has been always high in the mood of climb up. This investment can make you financial stronger for future when you get retired. You can also rent your current vacant property which is not being used and make regular income.

Buy Quality Stocks

Investment in stock market also can make your future secure. Remember stock market investor remains always speculator because of uncertainty of market.  Everyone should invest in with great research and information on fact provided by experts. Buy only best quality share which are fundamentally strong and the company have productive future plans. Invest for long term and regularly. Rely practically on dividend paying shares.

Purchase Pension Policies

There are lots of insurance companies in current market which provides good long term plans relating to pension after retirement. Buy one or more of them and secure your retirement. You have to invest few bucks every month or sometimes year and it will make you able to avail pension after retirement to lifetime.

Fix the Date in Mind

This is most important point in order to secure retirement. First off you have to decide the time period for consideration while making investment and saving funds. Remember one thing seriously before giving up on the way you are walking to a long journey. It needs more patience and sustainability in planning for retirement.

  So you have the time today for planning to secure your retirement. Make a plan and an outstanding portfolio and start now to implement on it.

Credit Creation by Bank - How They Manage

Credit creation depends on the collective ability of a financial institution like bank by the borrower and other sources. How bank manage its credit in between sustained rotation of money. Bank compiles the money by bank deposit and lend to others on high interest rates. Mean while bank has to go through a big process to make its decent credit.

The main source of credit creation of a bank is to lend the money by several ways, and loan comes up first I the queue. Bank tries to make pass good amount of loan with high interest rates but it cannot access its limit. Central bank has eyes on it. If bank cross the limit bank could fine and control it. It is necessary and important to banks to pass unlimited loan to maintain inflation and money supply. These banks called commercial banks whose procedure act upon money supply. Banks collect the money from depositors by checks and cash and allow withdrawal after some time of deposit. This procedure is not at all worthy in order to make good amount o capital. Then how to make credit creation? For this banks try its best to make people to borrow loan from bank and sometime when people are not able to repay their loan, bank can acquire their mortgaged property.

After seizing up one's property or precise wealth what bank deals with? Bank never makes it worthless use of that property, it starts to consider about other process to make money with these stuffs. For example if it gets building, it allows an open bidding and sells off on high price and make very good amount of money in order to credit creation. These properties might be other income source of banks by renting them.

Credit creation by Bank is sustainable and never ending process. Bank allows people to grant loans and make money with it under central bank's guidelines.

The Causes of a Personal Financial Crisis and How to Avoid Them

Financial crisis can be happen any time without any warning. May be you lost your job suddenly or could bear heavy downfall in personal business. It may contain many casual events to be occurred abruptly but sometimes it is the result of consistent negative circumstances. Figure out these causes of personal financial crisis.

Spending Beyond your Position - When you spend money beyond your income it is obvious to face financial problem in near future. People who believe in live-for-today theory used to face these troubles.

Wrong Finance Planning - Sometimes people do mistakes while making decision to personal financial management with their own manner without adequate knowledge of subject. This causes a bad financial condition in hereafter.

Spending Without Budget - every person who doesn't know how money-flow is working in regular livelihood can't build a significant financial backing. He/she never get acquaintance of personal money how much he/she has spent and saved. Not dealing with budget in individual level is the most popular cause of personal financial crisis.

Unnecessary Loan and Debt - nowadays lifestyle has been changed. Status-seeking generation want everything fast. No one want to wait and this make them to take loan and debt for fulfill their luxury desires like car, flat, gadgets, etc. These avoidable expenses pull them to trench of financial crisis.

In order to avoid these financial crisis one should exercise some essential jobs regularly for last. Check it out some useful suggestions.

Spend Less earn more - Always remember that every single coin of saving can make new one. Don’t spend much than your total earnings. Plan your budget and set priorities to spending. Decide to save a certain amount of money every month regularly. Control your habit of extravagance.

Plan Your Personal Finance - If you have time, ability and knowledge of managing financial issues then must go ahead and plan your personal finance best. But if you are not able to manage it then you must go with a good financial planner without any delay. Wrongly handled economy can effect negatively.

Make Financial Goals - Invest your money and property with some certain targets to achieve in priority of short term, midterm and long term. Make an investment portfolio and determine risk criteria. Invest most of money in zero percent risky entity. Find out best choices and research completely before investing.

Avoid Loan and Debt - keep a reasonable distance to debt as far as possible. Take loan only when you really need otherwise avoid it. If you manage and set balance in your income, savings and expenditure, you will never need of any loan.

Thus spending concisely, saving widely and investing wisely can make you live a relaxed life and avoid personal financial crisis. These solutions should be implemented regularly for better result. 

Personal Finance – 8 Things You Need to Think About

Personal finance contains the financial decisions which are obtained by an individual or a family unit. Money matters to all aspect of livelihood today and that cause make it to be managed consciously. Let us get going our steering about personal finance in following eight points-

Financial position - Before you think about planning your personal finance you need to muse on your current financial conditions. Calculate your gross annual income, valuate wealth and other deposit to various institutions like bank and afterward decide to plan from new edge.

Write the Goals - pick up a paper and pencil write down your future-financial goal after intellectually pondering your financial position. Set preferences of target for next to be achieved by suitable, profitable and productive criteria. Determine your goal for short term, midterm and long term return.

Enhance Earning Sources - More you earn more you save. Don’t be dependent on only single income source as far as possible. Get involved in other task that can be done in-between. So try to work smart and hard and collect money in large. Make your earning sources multiple.

Invest in Trendy and Profitable Sector - figure out the latest scope of investment and make your money to fit in most productive, profitable and beneficial. Real estate, gold, stock market, fix deposit etc are the notable investment choice nowadays.

Save for Emergency - save monthly or regularly some bucks for an emergency fund. That kind of emergency can happen any time in life. You should keep in mind some important expenses for future while expending or saving or investing. These may be children school fees, marriage, study etc.  You can save emergency stock in a bank account. While you deposit or invest your money in different places this fund could fulfill your and your family emergency needs.

Insure your Loved - Buy some insurance policies for protection of you and your family member and be relaxed. You can take a term life insurance policy or any other.

Keep Tax and Levies in Mind - Make your income tax file and file return time-to-time. Try your best to avail income tax rebate by investing in various sectors or by any other mode. you can do this by your own way or by consulting with any financial adviser.

Plan for Retirement – you should make strong financial decision that you can get awesome return in future. Manage your current money, wealth and property so properly that you neither need to work hard nor depend on someone.

These were some tips to your personal finance. Put them in your habit and practice and make your financial future dazing.

Keep Banking Information Secure - Apply Some Tips

Stealing banking information weather online or offline has become a fastest growing crime. These kinds of thieves can burgle your bank A/c easily after acquiring relevant information. You need to be more conscious while using banking services today doesn't matter it is online or offline. Here we go with some suggestions to avoid banking scam.

First we will discuss about how online banking data can be kept secure.

Keep Changing Password

When you got your first password from bank try your best to keep them confidential and protected. Shield numbers while entering password to open online banking on computer. Do not share your password to anyone including family members. After one month around change it securely and keep going this process. Never use once-given password for a long time.

Delete Related Information after Use

Once you finished your work using online banking delete all the information and data relevant to banking information. Clear cookies and delete cached file also. A professional website hacker can do hack sites easily by a small clue. If you are using another computer instead of yours, you must check first if it would save password or any other important information.

Use Reliable Software and Services

Do not use pirated software as far as possible. In pirated software a hacker can put his thievish code in it and when you use it online he/she can steal your important information easily. Always purchase software of high quality and renown brands.

It is also important to consider offline banking info to be kept secure. Here are some tips-

ATM Card Protection

Never tell about your ATM Pin to anyone do not use ATM in open. Try hard to shield your Pin while using it. Do not write your password anywhere clearly. When you got suspicious about thievish activities to your ATM, just change your PIN immediately. Check your monthly bank statement if you made transaction by your ATM card or not.

Don't Allow Anyone to Get Your Bank Info

You should keep in touch with your banking relationship manager and let him/her know you that no one can steal information in your place. Some kind of bank robber can go to bank and ask the information of your a/c to banker by showing he/she is whether you or your close relative.

Thus by using some precautions to banking you can keep your personal banking information secure. Give time to your banker to meeting you and make relation with them.

How to Teach Financial Responsibility to Your Children

Someone who thinks about financial responsibility will never allow his/her children to spend money without his/her guidance. Kids are unknown to exhausted money affairs and they do not even acquainted about the value of money. It's all your duty how to teach them their financial responsibility. A five year child-boy can't do more with money but spend for his toy, chocolate or for fun. To allow them to get involved in small finance managements would be the first step for future financial obligations. How you can teach financial management and responsibilities?

·         Don't give money to your children without any cause. Hand them a task or some employment so that they can learn how money is important. After finishing the task, pay them for their job. Sometimes, you should make them to get money instead of gift on some special occasion like birthday. Tell them importance of money in their life and how it can secure our future. You can let them watch financial TV channel and help themselves to understand financial issues. Teach them in very easy language and include some interesting examples. Show them financial graphic, visual models or animation videos if possible.

·         Second thing is how to teach them to spend money wisely. Very initial thing to teach them about money saving. Tell your kids how to spend their precious money after saving. Realize them that every saved buck is equal to a made one. Allow them to spend two third of total money. Set money spending criteria in their mind. You can divide this in three part-

·         First for Essential Need- first they should spend for their very necessary things like school uniform, lunchbox, shoes etc. If at the time you have almost all these necessity then save some money for these kinds of need in future.

·         Second for Desire- Every child have a bunch of dreams and want lots of thing in their life. After spending on necessary things they should think about their tiny dream like bicycle, video game etc.

·         Third for Fun- afterward you can allow your child to have some fun enjoy his/her life by spending on entertainment.

·         You can allow your child to go for a job when he/she has grown enough to work. It will give them virtual knowledge of finance with decent earning.

Teaching financial responsibility to your children as early as possible is a very good and fruitful idea. Let them grow up and make their financial decision themselves.