⚠️ The Reserve Bank of India (RBI) recently imposed ₹1 crore penalty on HDFC Bank due to violating Loan Recovery Guidelines It includes harassment by recovery agents and failing to respect borrower privacy Here’s a breakdown of the rules and how you can take action if you’re facing harassment from recovery agents ▪️ RBI Guidelines on Recovery Agents ▪️ 1) Restricted Contact Hours: Recovery agents are only permitted to contact borrowers between 7 a.m. and 7 p.m. 2) Respect for Privacy: Harassment, public humiliation, or using unethical methods to recover dues is against the law. 3) Proper Identification: Recovery agents must carry proper identification and authorization from the lender when contacting borrowers. 4) Humane Treatment: Borrowers should be treated with dignity. Aggressive tactics like physical intimidation or verbal threats are not allowed. ▫️Legal Rights of Borrowers ▫️ 1) Right to Identity Verification: Borrowers can ask recovery agents to verify their identity and the loan details they’re collecting on. 2) Filing Complaints: If you’re harassed, file a complaint directly with the bank. You can also complain to the RBI through this website ⬇️ cms.rbi.org.in 3) Legal Action: Under IPC Sec 294 & 506, borrowers have the right to approach courts if harassed by recovery agents Keep a record of dates, times, emails, any aggressive actions. Make sure to record a video if they visit Make sure to download the correct RBI Guideline, link is in my Broadcast Channel 🔗 The RBI is clear in its directives and is very active in solving that. HDFC Bank’s penalty serves as a reminder that financial institutions must uphold ethical practices.
🤩 NEW Scheme launched by Govt. of India for Children which can get your Child ₹65 Crores! 🚨 THIS IS NOT A DRILL ‼️ Full information about the Scheme is given in the pinned comment Make sure to Share this scheme with every parent out there. Trust Find babies on the way 👶🏻 #investment #governmentschemes #scheme #child #govtofindia #nps #personalfinance #finance #money #investing #nirmalasitharaman #financeminister #india #goi @mygovindia #retirement #retirementplanning Child Investment India Investing Scheme Retirement Government of India Nirmala Sitharaman Finance Minister New Scheme Launch sri
BIG 🚨 Is India Going into Recession? This video talks about falling Gold, Silver and Stockmarket prices. Why everything is falling and will it trigger a recession on Indian Economy 🇮🇳? ⚠️ Share this important update with everyone #recession #india #gold #silver #stockmarket #stockmarketcrash Market Crash Correction Gold Silver Stockmarket Correction Recession Bitcoin Cryptocurrency Trump Ethereum India Economy
⚠️ Silver Price is suddenly increasing since last one year and has reached ₹1 Lakh Watch the video to find out why Silver is rising and how you can invest in it digitally ✨ Disclaimer: Not a recommendation, this is just for educational purposes. Make sure to take advice of SEBI registered Investment Advisor before making any investment decision
🚨NEW Investment Opportunity ‼️ If you want to know about this secret investment opportunity which is safe and provides same returns as FD with 0 Tax liability on it then watch the video and don’t miss the end ⚠️ FDs are Finally Dead Check the pinned comment for more information Disclaimer: This information is for educational purposes only. Please contact a SEBI registered investment advisor or a mutual fund distributor before making any investment decision. I am an AMFI licensed Mutual Find Distributor #fd #fixeddeposit #investment #personalfinance
⚠️ Govt. has launched a NEW Scheme which will provide internships to anyone who is looking for it. Watch the video to find out details of this Scheme So Register TODAY and get the chance to work with the Central Bank of India 🇮🇳 Share this opportunity with your friends and follow @thehimanichaudhary for more news like this
🚨BIG | Govt. Schemes for Business ‼️ If you have a Business or startup then you should know about these Govt. Schemes. From funding, mentorship, Govt Grants and other benefits you will get all the help you need in your business. Checkout other schemes in the pinned comment 📌 Funding helps to an extent, what matters is how you use the money. Best way to manage your business is to install an ERP system where you can manage everything like 🧑💻 Making Website 🏬 Inventory 👯♂️ Managing Customer Relations 🔢 Accounting 🧾 Purchase 💰 Sales along with 45 other apps 1st app is FREE, and additional apps start at just Rs. 580/month Checkout Odoo from the link in my Bio 🔗 #Ad
My BANK Accounts ⬇️ I maintain 3 separate bank accounts, each dedicated to a specific purpose: Income, Expenses and Investment Here’s how I use them 1) HDFC Account: This is a current account exclusively for business purposes. All my income is credited to this account. 2) SBI Account: This account is used for savings and investments. It’s also linked to my demat account for seamless trading and investing 3) RBL Account: This account is dedicated to managing monthly expenses such as rent, bills, utilities, and shopping. I recommend maintaining at least 3 bank accounts to organize your finances effectively: This setup ensures better financial management and clarity in your transactions #rbi #banks Savings Investment Income Banks SBI HDFC ICICI Axis Bank
🚨BIG | 3 New Rules by SEBI ⚠️ SEBI is changing the game of Investing and Trading by introducing new rules to enhance transparency with us They just launched 3 new rules which is beneficial for investors Watch till the end to know more (SEBI Investors Futures and Options Trading Investing KYC Mutual Funds NAV Insider Trading Front Running F&O Weekly Contracts Lots Margins Quant Mutual Fund ) Share and Save for future 📌
⚠️ BUY UNLISTED SHARES ‼️ This is how big celebrities earn 1000% on their investment Now you can also take advantage of this opportunity Buy Unlisted shares of companies like Boat, NSE, SBI AMC easily Watch the video to know about the Eligibility, Minimum Investment, Costs, Where to buy from and other details #unlistedshares #stocks #stockmarket #personalfinance Stocks Shares Unlisted Companies Stockmarket Return Tax
⚠️ NEW TAX RULES The new Finance Bill has announced lots of Tax changes which affects your Salary, Property & Insurance. Sabko ye naye rules ke baare mein pata hona chayie Applicable from 1st October Make sure to SHARE these new RULES with everyone and keep them informed #stockmarket #tax #tds #finance #insurance #ppf #interest #save #invest #lifeinsurance #himanichaudhary
⚠️ Your Gold is not Safe RBI has given final warning to Banks & NBFCs who are giving out Gold Loans Benefits of Gold Loan ⬇️ – No CIBIL Score required – Quick Disbursal – Nominal Interest Rate – Less documentation But companies are competing with each other to capture the market And hence they are not following proper RBI guidelines and it hurts you because you are the CUSTOMER So you should know these Rules so that Banks cant fool you Save this reel for future Source: https://m.rbi.org.in/Scripts/NotificationUser.aspx?Id=12735&Mode=0
Festive October 🧡 Attended my sis in law’s magical wedding, then it was dussehra, trip to pattaya, karva chauth, diwali and post diwali jain shadi customs ✨ How was your october?
Festive October 🧡 Attended my sis in law’s magical wedding, then it was dussehra, trip to pattaya, karva chauth, diwali and post diwali jain shadi customs ✨ How was your october?
Earn 1 Lakh Salary easily by doing this Finance Certification 📜 If you have interest in Finance & Stockmarket and you want to make a career in it then do this NISM certification right now! You can become a Financial Advisor for HNI clients and can eventually start your own advisory firm after getting min 5 yrs of experience and SEBI registration I believe this is the future because right now investment penetration of Indian population is too low Share this certification with everyone and keep upskilling always #finance #career #nism #certification #financialadvisor
🚨 ₹25,000 CRORES ‼️ Mukesh Ambani’s Reliance is planning to get a loan of 3 Billion Dollars but given he is the Richest Man of Asia. Why does he need a loan? Watch the video to find out. This is a secret hack that Rich people use to save money 🤫 Reliance Industries Nirav Modi Vijay Mallya Kingfisher Loan Bankruptcy Refinancing Debt Repayment Interest Rate Home Loan Car Loan Personal Loan #reliance #mukeshambani #vijaymallya #niravmodi #loan #homeloan #carloan
🚨Pay 0 Income Tax ‼️ AD These practical hacks are hidden from public but now you will know. From reducing expenses by 70% to paying 0 Income Tax these tips will give your savings a serious boost 💪 For Business Owners, This Hack will save lakhs of your money Just install an ERP system where you can manage everything like 🧑💻Making Website 🏬 Inventory 👯♂️Managing Customer Relations 🔢 Accounting 🧾 Purchase 💰Sales along with 45 other apps First app is free, and additional apps start at just Rs. 580/month. Checkout Odoo from the link in my Bio 🔗 You will thank me later ✨ #Ad
🚨 BIG News: The US has cut interest rates after 4 years! Here’s what it means for us! 📉 #ad 🔹 Loan Rates: Expect lower interest on home and personal loans soon, RBI might cut it by 0.5% On a ₹50 Lakh Loan for 5 years, you can save ₹70,000 in Interest 🔹 Fixed Deposits (FD): Current rates of 8-9% might drop to 4-6% You might lose out on ₹1.8 Lakhs Interest 🤯 This is your last chance to Book High Interest FD %⏳ 🔹 Where to Invest? 📊Get up to 9.5% returns in Fixed Deposits by Airtel Finance 💰DICGC insured for up to 5 Lac 🏦 Partnered with RBI-backed banks and AAA CRISIL rated NBFCs ❌No need to open a new Bank account 🔹 How to Book: Go to the Airtel Thanks App ➡️ From Menu Select ‘Airtel Finance’ ➡️ Click on ‘Fixed Deposit’ Tab ➡️ Compare FDs by interest rate and tenure ➡️ Complete KYC and you’re done 👉 Book your FD now 🔗 Link in bio. And don’t forget to share this reel, so your friends can benefit too #FDMeinInterestBadhega , #AirtelFinance #FixedDepositsByAirtelFinance #collab
🚨 BIG NEWS ‼️ SEBI has just announced a NEW Rule for those who are investing in Mutual Funds through SIPs It will change the entire game of Investing Make sure to share this news with everyone #investing #sebi #mutualfunds #sip [ How to Invest in Mutual Funds, How to Cancel Mutual Fund SIP, Mutual Funds, SIP, SEBI New Rule, Best Investment ]
🚨 Is that ₹500 note in your wallet FAKE? A recent study reveals a 317% surge in counterfeit ₹500 notes over the past 5 years, escalating from 21,000 pieces to 91,000 in 2024. Before your next cash transaction, ensure your ₹500 notes are genuine by checking these 3 key features: [1] Bottom-Left Corner: Look for ‘₹500’ written in a checked style, accompanied by a ₹500 watermark within a box [2] Security Strip: The green strip inscribed with ‘RBI’ and ‘भारत’ should shift from green to blue when tilted under light [3] Bottom-Right Corner: The ‘₹500’ numeral should change color under light, and there should be five raised lines to aid the visually impaired Additionally, verify the portrait of Mahatma Gandhi for authenticity Possession of counterfeit currency can lead to jail of up to 10 years plus fines, with no compensation for the fake notes. Stay Vigilant: Always inspect these features before accepting cash Share this crucial information to help others stay informed and protected #counterfeit #stayalert #financialsafety #scamalert #finance #rbi Source- RBI & Ministry of Finance
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🚨RBI has announced NEW Finance and Economics INTERNSHIPS for Students, that you should not miss ‼️
🚨 Important Deadlines Before December Ends! 🚨 December is here, and so are some key deadlines you shouldn’t miss. Save this post to stay informed and prepared! 📌 1. File Your Income Tax Return (ITR): Missed the July deadline? File your ITR before 31st Dec to avoid additional interest or legal trouble (penalty ₹5000). Severe cases could even lead to jail, so don’t delay—log in and file today! 📌 2. Pay Advanced Tax: If you earn income outside of your salary (rent, stock profits, FD interest, etc.), you MUST pay your advanced tax by 15th Dec. The pinned comment has a guide to help you out. 📌 3. Monthly LPG Price Changes: From 1st Dec, oil companies will revise LPG prices every month. Keep track to manage your expenses. 🎁 BONUS UPDATES: ✅ Free Aadhaar Updates: Update your Aadhaar card online for FREE till 14th Dec via My Aadhaar portal ✅ Spam Call Rules: From 1st Dec, the government is tightening call tracing rules to reduce spam/scam calls. 📲 Why It’s Important: Missing these deadlines could lead to penalties, extra costs, or even legal trouble. Share this with friends and family to help them stay informed too! 💡 Follow for more helpful updates and tips as we end the year strong! 🙌 #december #deadlines #money #finance #personalfinance (money deadlines for december 2024 income tax fixed deposit stockmarket credit card lpg aadhar card)
⚠️ 48 Lakh Weddings ‼️ India has made a new record of having highest number of weddings in a year and this is the benefit all new couples will get. Watch the video to find out and share this reel with everyone Source: CAIT, Money Control, Income Tax Act #wedding #india #himanichaudhary #incometax
