KYC frauds- dos & don’ts The RBI has cautioned the public against ongoing frauds perpetuated under the guise of know your customer (KYC) updating. The central bank said that anyone who has fallen victim to frauds should immediately complain through the cybercrime helpline (1930) or on the national cybercrime...

How to prevent bank frauds Many people receive phone call, mail or SMS saying that their bank account needs some urgent KYC verification and in the absence of verification the account will be blocked. This is nothing but a banking fraud. Frauds and scams in India have been prevalent...

Difference between Life Insurance and Health Insurance Life and health insurance are two different products but both are designed to provide financial protection to the insured in the event of the unforeseen event of untimely death or illness. Life Insurance is often used as a tool to provide insurance...

Reasons for Life Insurance claim rejections Life insurance is one such essential part of one’s life where it fulfils various needs of a person who is eligible to take it. Getting a life insurance policy for yourself and your loved ones is the best investment as it secures you...