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How to Register Your Mobile Number with Canara Bank for SMS Alerts and Missed Call Services

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In the digital age, staying connected with your bank is crucial for effective financial management. Canara Bank offers a range of services that allow you to stay updated on your account activities through SMS alerts and missed call services. However, to use these features, you need to have your mobile number registered with the bank. This article will guide you through the process of registering your mobile number with Canara Bank , enabling you to receive instant notifications and access key banking services with ease. Why Registering Your Mobile Number is Important Before we dive into the steps, let’s explore why it’s important to register your mobile number with Canara Bank: Instant Alerts: Receive SMS notifications for every transaction, ensuring you are always informed about your account activities. Easy Access to Services: With your mobile number registered, you can easily check your account balance , mini statements, and more via missed calls and SMS. Enhanced Security: Regul...
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Can I Get Tax Benefit on Loan Against Property?

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Loans against property (LAP) have become increasingly popular due to their lower interest rates and higher loan amounts compared to unsecured loans. While the financial advantages are clear, many borrowers wonder about the potential tax benefits. This article explores the tax implications of loans against property, outlining when and how you can claim tax deductions, and what factors to consider. Understanding Loans Against Property:  A loan against property is a secured loan where the borrower pledges their property as collateral. These loans can be used for various purposes, including business expansion, education, debt consolidation, or personal needs. The versatility of LAPs makes them attractive, but it also affects their tax treatment. Tax Benefits on Loan Against Property:  The Basic Principle The key factor in determining tax benefits for a loan against property is the purpose for which the loan is used. The Indian Income Tax Act allows deductions on interest paid fo...
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The Application Process for DSA Loans: Step-by-Step Guide

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Obtaining a loan through a Direct Selling Agent (DSA) can be a convenient option for many borrowers. This guide outlines the typical steps involved in the DSA loan application process, helping potential borrowers understand what to expect and how to prepare. Step 1: Initial Contact The process usually begins when a DSA contacts you or you reach out to a DSA. This initial interaction often involves a brief discussion about your loan requirements and financial situation. Step 2: Preliminary Assessment The DSA will conduct a preliminary assessment to determine your eligibility for various loan products. This may include questions about your income, employment status, existing debts, and the purpose of the loan. Step 3: Product Presentation Based on the preliminary assessment, the DSA will present suitable loan options. They should explain the features, interest rates, repayment terms, and any associated fees for each product. Also Read: How to Become DSA Partner Step 4: Document Collectio...
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Tracking Your Expenses Effortlessly: Unlocking the Path to Financial Wellness

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In today's fast-paced world, where every penny counts, keeping a watchful eye on your expenses has become a crucial aspect of maintaining financial stability. However, the traditional methods of tracking expenses – such as meticulously recording every transaction in a notebook or sorting through piles of receipts – can be time-consuming and prone to errors. Fortunately, technological advancements have paved the way for effortless expense tracking, empowering individuals to take control of their financial well-being with unprecedented ease. The Importance of Effortless Expense Tracking Tracking your expenses is more than just a mundane task; it's a powerful tool that can unlock a wealth of benefits: 1. Budgeting Clarity: By having a clear overview of where your money is going, you can create realistic budgets and identify areas where you can cut back or reallocate funds more effectively. 2. Spending Awareness: Effortless expense tracking promotes mindful spending by making you...
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