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e-INSURANCE ACCOUNT (EIA)- The term EIA stands for Electronic Insurance Account. This account bears all the insurance policy documents in electronic format. e-Insurance Account (EIA) is a unique 13 digit Account number. Also, the account holder is granted unique Login ID and Password to access the account. The main objective …

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NON-RESIDENT INDIAN (NRI) NRI is any person holding Indian Passport but has immigrated to some other country for the duration of 6 months or more for residence, employment purpose, and vacation circumstances that indicate intention to stay out of India for an indefinite period. Following people are also considered NRI: …

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What is AADHAAR?

AADHAAR Aadhaar is a free service launched to provide 12 digits unique identification to Indian residents based on their biometrics i.e. thumb impression and retina scan. Objective of Aadhaar is to keep the biometric and demographic data of residents in a centralised location Other features about Aadhaar are as follows: …

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CIBIL stands for Credit Information Bureau Limited. It is the first company established in India for providing Credit Information for individuals & non-individuals. Basically, they collect information about credit cards and loans from banks periodically (on monthly basis) and thus determine the Credit Information Report and Credit Score.They maintain those …

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