Archive for September, 2018

Why Is Everyone Crazy About SBI Home Loan?

When you get the cheapest home loan, for sure you will feel crazy. State Bank of India always offers the best products. With best we mean, quality and unbeatable features. A home loan concerns people the most but when SBI home loan is available at low-interest rates, it becomes so pleasing to our pockets.

Currently, almost all lenders have increased their MCLR and thus interest rates linked to a floating rate of interest have also become costlier. Still, SBI home loan is available at the lowest rate out of all the top lenders in India. The bank has waived off processing fees on home loans which makes it even more demanding. To know more about the product and apply for it, read more.

SBI Home Loan Eligibility

The eligibility criteria based on which SBI accepts home loan application is mentioned below:

For Salaried

  • Your age must be between 18-70 years
  • Your net annual income should be at least ₹1,20,000
  • You can get loan amount up to ₹5 lakhs to ₹1 crore
  • The minimum work experience required is 2 years

For Self-employed

  • Your age must be between 21-70 years
  • Your net annual income should be at least ₹2,00,000
  • You can get loan amount up to ₹5 lakhs to ₹2 crores
  • The minimum work experience required is 3 years

Documents Required

The list of documents required for the loan application are as follows:

For Salaried

  • Duly filled loan application
  • 3 recent passport size photographs
  • Identity proof (Voter ID card/Passport/ Driving license/IT PAN Card)
  • Residential proof
  • Proof of business address for non-salaried individuals
  • Bank statement/Pass Book of last three month
  • Signature identification from present bankers
  • Personal Assets and liabilities statements
  • Original salary certificate from employer
  • TDS certificate on Form 16 of IT return for last two financial years

For Self-employed

  • Duly filled loan application
  • 3 recent passport size photographs
  • Identity proof (Voter ID card/Passport/ Driving license/IT PAN Card)
  • Residential proof
  • Proof of business address for non-salaried individuals
  • Bank statement/Pass Book of last three month
  • Signature identification from present bankers
  • Personal Assets and liabilities statements
  • Acknowledged copies of three years IT return/Assessment orders
  • Photocopies of challans evidencing payment of Advance Income Tax

Home Loan Interest Rates SBI

Recently, SBI has increased its 2-year MCLR and thus loans linked to MCLR have become costlier. Right now, SBI home loans are available at low-interest rates starting from 8.65% per annum and go up to 9.20% per annum. On the basis of income and property value, the maximum loan amount and the interest rate is decided by the lender. Those who have the good credit score of at least 700 have more chances of negotiating with the lender to approve lowest possible rate.

On the basis of interest rate, income criteria and types of home loans, you can choose whether home loans make your crazier or not. Jokes apart, you should go through every minute detail and then choose whether or not you find it suitable for you or not.

To get on your feet in the USA. Eight types of profitable occupations

Arriving in the US it is not necessary to start with a dishwasher or a waiter. It is only necessary to look around a bit and understand that sometimes small capital investments are enough to be closer to your dream profession. After all, the main thing is to do what you like and then you will certainly achieve success, whatever you do.

We will tell you about eight professions that you can acquire without spending years and tens of thousands of dollars for training. Renting a car at Rentalcars24h can be very supportive at the dizzy pace of life in the USA.

  1. Specialist for the software quality control

This is the shortest path to the IT world, after which many people seek. In addition, now is a perfect time to master this direction. The procedure of obtaining H1B working visa for IT workers became more complicated, which means that employers will look for employees among those who are already in America. In a short time, you can master a profession that will bring you $ 55-60 thousand a year from the start.

In New York, specialists are trained for manual and more advanced – automated quality control. To become a specialist in manual control, no special training is needed. If a person is familiar with a computer at a household level – he or she can already master this profession. If you do a study on the Internet, you can see that in the field of automated testing in the New York area, there are currently around 800 offers.

The specialists of manual testing are trained in three weeks. In addition, teachers help to write a summary at the end of the course and prepare for an interview with future employers.

The cost of a short manual testing course is approximately $ 1000. The full course of automatic testing will cost about $ 2000.

  1. Specialist in medical billing and coding

As you know, you cannot do without an insurance in the USA. The patient, the insurance company and any institution that provides medical services, are all connected with a so-called ‘biller’. To become such a specialist, you need to know the types of insurance, as well as to master the special coding of various medical services and to master the maintenance of professional medical records. You can learn this kind of office work in courses. This profession is becoming more in demand. The fact is that large hospitals buy up small medical offices and recruit a large number of such specialists. In other words- in a short time you get a necessary profession.

Anyone can master the specialty of the biller. Moreover, you can get a specialty, even if you do not speak English fluently. At many of the courses, the teacher conducts the lessons in two languages. At the end of the course, students take the exam and receive a certificate. The average salary of a biller is 15-18 dollars per hour at the start. Such specialists are needed at hospitals, private medical offices, nursing homes, various laboratories and insurance companies.

  1. Florist

In America, the flower business is a huge industry. For mastering the basics of this profession not more than a month is needed. In a short time you will learn the names of hundreds of plants, learn how to combine different flowers and herbs, understand the subtleties of the profession. Of course, if you want to go further, you will have to invest a lot more money and efforts (on average, full-fledged courses of florists in the United States cost from 2 to 7 thousand). The average annual salary of a flower designer is about 49 thousand, while in large cities it can reach 60 thousand per year.

  1. Confectioner

This is another profession, which does not require much money and time for its development. In addition, here it is not necessary to master the language perfectly – after all, the pronunciation you have does not affect the quality of the muffins you bake.

Basic courses can be completed in a few months, investing about 2-3 thousand. However, in order to become a sensible confectioner, you will have to study further. There are many courses in the US, which improve sweet artisanship. Starting from one-day classes for baking macaroons and making marzipans for $ 50-100, ending with long courses on decorating cakes and even going to a school of chocolate.

  1. First aid worker

The courses for obtaining such a profession cost from $ 650, and the medical diploma is not needed at all. The fact is that the task of the first aid workers is not to urgently treat, but only to take the patient to the hospital safely. Therefore, to get this work in many states, it is enough to have a diploma of a secondary school, a certificate of passing the curriculum and a document, showing that a person is able to do cardiopulmonary resuscitation.

The basic program can be mastered in just 150 hours – during this time you will be taught to use a defibrillator, to assist in delivery, apply tourniquets and bandages and make injections.

If you want to go deeper into the profession – you can go further and get the specialty of the EMT Paramedic. However, this can take a year and a half or two.

  1. Wedding Planner

The preparation for the celebration in the United States begins at least a year before the wedding, money for the wedding is not spared and most often, the trained specialist is entrusted with its organization. It is not difficult to get such a profession as the proper courses are offered by wedding agencies, colleges and private companies.

Usually the Certified Wedding Planner program lasts about 3 months. The cost of it may be different, but on average, it is $ 600-1000.

  1. Permanent make up and microblading artist

The profession of a permanent make-up artist can be mastered in less than 2 weeks. Practically anyone can learn the art of filling the spaces between the eyelashes, drawing permanent eyeliners and making lip tattooing. Neither medical education nor the ability to draw are necessary, although their availability is useful. This takes 100 hours, divided between classes with the teacher and home preparation. Students learn the theory, are acquainted with the structure of the skin, with contraindications to certain types of procedures, learn to apply a local anesthetic, learn to use a tattoo machine. After completing the course, a certificate is given, which is required to obtain a license to work in a particular state. The artists who wish to develop and raise incomes, master microblading – the course together with the device costs about $ 2,500.

  1. Clinical Medical Assistant

One of the most popular professions is the medical assistant in the medical offices.

The program of preparation for the CMA specialty includes theoretical studies and practice in medical offices at the end of the course. Graduates of the program receive a certificate, after which they pass the National Exam with the receipt of the national CMA certificate – it allows you to work in this specialty in any state.

The CMA is a specialist who performs both medical and administrative functions. He or she must have knowledge of anatomy and physiology, take an electrocardiogram, take blood for analysis and collect other tests for laboratory testing. It is also necessary to answer calls, set the time of reception, collect information for the patient’s medical history and manage accounts and insurance.

Salaries that are offered to such professionals range from $ 30 to $ 40,000 per year, and the demand for certified CMAs is growing.

Many of the new immigrants discover that they will not be able to work on their former specialty and need to find another job in a short time. The main thing is not to give up and keep on searching for the right options, which are suitable for you personally.

Axis Bank Credit Card Apply: Private Sector Third Largest Bank Provide Phenomenal Offers

This bank is the topmost in the private sector, which can give different types of services along with extra discount, offers, cash back, reward points and more. Want to grab all the benefits should check online their facilities and choose one according to the needs.

Before that should know the procedure of axis bank credit card application. For that, the bank can give two options an online or offline. You can select as per your convenience and apply now. Let’s know both application procedure one by one.

Axis Bank Credit Card Application Request By Online

To apply with the online should go to the official site. Fill the application form with personal or professional details, as per your application form requirements upload KYC, share registered email ID or mobile number, and recent passport size photograph. Make sure shared all data should be correct otherwise the bank will reject your request.

Axis Bank Credit Card Application Request By Offline

For an offline request, you have to visit the nearest bank branch and take the application form through the bank counter. Fill the physical application form with self-attested documents, photograph, and other details as per the bank’s requirement.

Application Tracker System

After your submission, you want to track the application. Download or install the site, put application number or reference number with registered email ID. They ask for the registered ID because in a case have an issue send for confirmation.

Axis Bank Credit Card Bill Payment: Smooth And Easy Procedure To Make Payment

Axis bank can give the easiest and simple process to make payment and online or offline. They have always give choices, so that can select as per your ease. Most of the people can choose online option due to busy schedule lifestyle. You can register yourself and login the site from anywhere and make axis bank credit card bill payment. For the offline should visit the bank branch and out of two options cash or cheque select one.

Axis Bank Offline Payment Options

Cash Service: Visit the bank branch and deposit the cash bill payment on the counter. After that, give you one slip as proof.

Cheque Service: For the cheque service need to fill the blank mandate boxes, then drop into the ATM box.

Axis Bank Online Payment Options

Net Banking Service: Link the net banking to the savings account. Need to login with own User ID or password. After that, easily can make axis bank credit card bill payment on time without late fee charges.

Mobile Banking App Service:  Download or install the site. After that, link with the current or savings accounts and pay bills from the home to office anywhere.

Autopay Service: In this service, you can set standing instructions with the bank account to pay bills. The bank can confirm your bill payment by sending an email.

NEFT Service: National electronic fund transfer can use when don’t have the same bank account. Add payee account number or amount, send payment through NEFT.

Office Needs: 5 Hotels for Businessmen in Miami

Everyone who has ever had a business trip knows how difficult it’s to find a hotel where comfortable conditions for high-quality performance of office duties outside the office will be provided. After all, a business trip is not a vacation, and business is developing today so that most companies require their employees to stay in touch 24 hours a day.

Therefore, for a business tourist, the hotel becomes not a “home away from home”, but an “office away from the office”. This means that the room should be equipped with a convenient desk, good lighting, high-quality mobile communications and Internet, office supplies, wires and adapters, as well as the ability to quickly scan and send documents.

Well, if having a business trip to Miami, you don’t need to worry where to stay, because we have already prepared 5 outstanding options for your business needs. After arriving at the airport, just rent a car in Miami, and head to the following hotels…

Trump International Beach Resort

 

This hotel is truly a sample of luxury and wealth! The location in the area of ​​Sunny Isles Beach allows you to quickly visit the fashion boutiques in Bal Harbor or the famous nightclubs in Art Deco Historic District.

The hotel features 390 rooms: each one is equipped with an air conditioner, 42-inch plasma TV, wireless phone and internet, home appliances, mini-bar, hairdryer, necessary bathroom accessories, and bathrobes.

Trump Resort

·        The internal area of ​​the rooms: 42-151 square meters.

·        The capacity of the rooms: 2-8 persons.

·        The price of rooms: from $160/day.

On the territory of the hotel visitors can use the services of the doorman, beauty salon, and dry cleaning. Also, there is an opportunity to visit the restaurant overlooking the Atlantic Ocean, a swimming pool with Jacuzzi, a spa with six offices and a wide range of additional services. Of course, there’s a business center with several separate offices.

Address: 18001 Collins Ave, Sunny Isles Beach

One Bal Harbour Resort & SPA

It can rightly be called one of the best business-hotels in Miami! Location in the elite area of ​​Bal Harbor allows you to admire the ocean landscape, and the international airport is situated very closely to it.

There are 124 rooms, each of which is equipped with a spacious terrace, kitchen with coffee maker, desk, TV-set, CD/DVD player, wireless Internet, telephones, minibar, hairdryer. The rooms are cleaned daily.

St. Regis Bal Harbour Resort Waterfront | 130505-9048-jikatu

·        The internal area of ​​the rooms: 47-260 square meters.

·        The capacity of the rooms: 2-4 persons.

·        The price of rooms: from $362/day.

At the hotel guests can take advantage of the services of the doorman and dry cleaning, rent sunbeds and umbrellas, order a limousine or use a business center. Also, there is an opportunity to visit an American restaurant, a gym, a heated pool, a spa, and a tennis court. The big benefit of this hotel is that there are all conditions for comfortable rest for people with disabilities.

Address: 10295 Collins Ave, Bal Harbour

Acqualina Resort & SPA

The hotel is located on the waterfront, and has been operating since 2006. It provides 53 rooms and 43 suites. The rooms are equipped with a working desk, TV and CD player, mini-bar, air conditioner, hairdryer, bathroom accessories, bathrobes, blanket and pillows.

Acqualina Resort & Spa on the Beach

(photo by Cole Borg Florida)

·        The internal area of ​​the rooms: 56-220 square meters.

·        The capacity of the rooms: 2-6 persons.

·        The price of rooms: from $550/day.

The visitors of Acqualina Resort & SPA have an opportunity to visit local restaurants, souvenir shops, enjoy various excursions, and use a business center. A spa with a wide range of services, a gym, a swimming pool, a tennis court, and a beach club are also at your disposal.

Address: 17875 Collins Ave, Sunny Isles Beach

Mandarin Oriental

The hotel is located on Brickell Key, near the international airport and South Beach. There are 327 rooms equipped with comfortable furnishing, balcony, TV and music center, mini-bar, hairdryer, telephone, internet, bath and shower, bathrobes and slippers. A modern business center will be a nice option for businessmen.

Mandarin Oriental

·        The internal area of ​​the rooms: 36-220 square meters.

·        The capacity of the rooms: 2-7 persons.

·        The price of rooms: from $239/day.

Guests can use car rental service or a large conference room. Also, there is an opportunity to visit a cafe, bar, gym, swimming pool, spa, and sauna. Atlantic Ocean and attentive hotel staff will create a real fabulous paradise for holidaymakers.

Address: 500 Brickell Key Dr, Miami

Fontainebleau Miami Beach

This hotel is more than 50 years old and it hosted many presidents. It’s located on Collins Avenue, near South Beach and the International Airport.

Its 1504 rooms feature a balcony, an air conditioner, a TV-set and a music center, a 20-inch iMac computer, internet, minibar, hairdryer, and a bathroom.

Fontainebleau Miami Beach Hotel Morris Lapidus 1954

·        The internal area of ​​the rooms: 28-387 square meters.

·        The capacity of the rooms: 2-10 persons.

·        The price of rooms: from $259/day.

On the large territory of the hotel lodgers can use the services of a doorman, parking, dry cleaning, currency exchange, and an interpreter. Also, there are several restaurants and cafes, a business center, shops, swimming pools, a gym with modern fitness equipment, a beauty salon, a spa with a wide range of services, and a Turkish bath. The fans of outdoor activities will be able to play golf or tennis, go to a nightclub, enjoy water skiing, and fishing. Summing it up, the amazing design and first-class service of this hotel won’t leave anyone indifferent!

Address: 4441 Collins Ave, Miami Beach

Why Do We Need IFSC Finder and How Can We Find It Online?

You must have seen Indian Financial System Code (IFSC) on your cheques and the chances are that you must have used it as well. This code is used for online money transfer and is initially required to add account payee.  

When you want to transfer money via Netbanking, you have to add a payee. For this, you need the concerned person’s account number and bank’s IFSC code. This code varies from one account to another but is same for similar branch. With the help of a IFSC finder, you can get the code of any bank and branch.

Where can you find IFSC code?

The code is given on the top left of the cheque. It is given below the account number and along with customer ID. If you do not have a cheque but want to transfer money, you can get it online as well. There are many IFSC code finder available online which tell you the code on the basis of bank name and branch.

What is the difference between IFSC Code and MICR Code?

Sometimes it gets confusing what is the difference between an IFSC code and MICR code. Even though they appear different, some people do not understand the difference. The overview of features of these two that make them different is given here:

  • IFSC usually helps in online fund transfer in case of online transactions from one party to another, whereas MICR helps in the correct and safe process of cheque payments.
  • IFSC contains 11 characters that are made up of alphabets and numerals, whereas MICR contains 9 characters – all digits.
  • Magnetic Ink Character Recognition Code has been in existence in the banking sector for quite some time now, whereas Indian Financial System Code is a relatively new concept which was introduced only when NEFT (National Electronic Funds Transfer) and RGTS (Real Time Gross Settlement) came into the scene.

What is the importance of IFSC Code?

The Reserve Bank of India controls all banking affairs in India and is the single authority to issue IFSC codes to its associate banks. The record keeping of such issued IFSC codes is also taken up by RBI.

How can you search bank by IFSC code?

There are n number of IFSC code finders online. You can pick any of these and check for the bank. Below are the details that you need to fill in the code finder:

  • Name of the bank
  • State
  • District
  • Branch

Can you search IFSC code by account number?

Yes, you can. When you transfer money via Netbanking, you have to add a payee. While doing that, you have to add the bank account in which you want to transfer the money. The details required are: bank account number, IFSC code and address. But, if you do not know the bank IFSC code, you can get it through bank account number and branch name. You can mention these two and then get the code instantly. You can then cross check the details and proceed towards payment.

Chocolate Business in China, how it works

The study of China’s Chocolate Marketplace 2017 enables universal key and China’s chocolate market globally. The capacity of this sector has been investigated with the emerging trends. The future prospects of current market scenario and sector have also been read. This report includes profiles of key players, including Nessale SA, Marcus Foods, Ferrero Rocher, Heissey Company, Mondelez International Inc. and Jiangsu Longfen Food Group. The report includes the latest opinion of industry experts.

Global demand for chocolate is now being said to restore maintenance and key suppliers such as Berry Calabot, now in the major markets around the world. Hopefully, by 2020, the United States may be the largest consumers of chocolate after the United States. The economic situation of Brazil and Russia has failed to prevent chocolate market growth among the BRAC countries, while India and China countries have the highest chocolate market growth during the 2015-2020 period.

It is expected that the global chocolate market will grow at around 5% of CAGR by 2020. With the innovation of product packaging, new flavors will be trendy in the future. Custom and luxury chocolate classes have the potential to develop in the world. People have an increasing population for craft chocolate and start very early in the chocolate making art. The popularity of premium chocolates has increased in the US and Brazil. While global obesity and health concerns are a challenge to the development of the sector, awareness is also increasing on the benefits of black chocolate. Players have also introduced low sugar and sugar cream chocolate.

One of the challenges facing the market is that Chinese customers do not trust homes due to food safety issues. They have foreign chocolate brands, Chinese chocolates are controlled by European brands near 70%. Apart from food security concerns, the poor performance of local chocolate brands can mainly be attributed to poor marketing efforts.

But now the young generation of youth is emerging very well. In the 1.3 billion people’s land, it has a global impact on the globe because chocolate manufacturers try to get a piece of the action.

It’s not just a chocolate that is water. The potential return on the offer is also very tasty.

According to market research firm Aberone, the market for chocolate in China will reach $ 40 billion (US $ 6.2 billion) by 2020.

Predictively predicting Chinese translates into cholesterol consumption in Mainland almost twice. Chocolate sales in the world’s most populous country were valued at $ 20 billion in 2015.

Source : 

Five Key Elements for Brand Development

The development of the brand begins with the decision of which the most appropriate identity for you and/or your company. You need to establish how to mark the identity you have chosen in a way that is effective and in alignment with what you do. The best approach is to develop a series of brand strategies that will make your efforts more effective and your coverage more extensive.

Your focus will be to make sure your brand identity efforts are consistent and as repetitive as possible. No matter how unique your strategies are if they are not consistently reinforced, they will do you little good.

  1. Expand the exhibition:  The greater the repetition, the deeper the saturation of the market. This obviously leads to more exposure as your efforts begin to reach more areas of the internet. Just as when a bucket of water is filled, the more it is put in the bucket, the fuller it becomes and the same goes for the repetitive efforts of brand identity.

 

  1. Additional curiosity: If people see your image or brand often enough, it is quite common for their own curiosity to force them to seek more information about what the image represents. Remember that the goal of establishing a brand is to increase your marketing effectiveness and make people visit your site that you now have the opportunity to do.

 

  1. Condition the people’s mind: As more people begin to repeatedly see their brand in different areas online, they begin to form the association between the image itself and what it is marking. This is simply conditioning people to automatically make this association and it is exactly how brand strategies work for the development of any brand. The more they see their efforts, the stronger the association becomes, plain and simple.

 

  1. Image reinforcement: His constant repetition serves to establish his identity more firmly. With each new effort, your exposure grows and the association between what you are marking and the image you are establishing becomes much stronger. This reinforcement is exactly how to mark yourself or business or even both online.

 

  1. Get more witnesses: This is the point at which your repetition has saturated the market, allowing other people who previously did not see your “impression” have the opportunity to see more about you. Very often this happens after others have recommended them to do so due to the viral effect that is taking place. It is difficult to avoid the constant buzzing about you when your image seems to be everywhere.

In conclusion, the development of the brand is a very important aspect of Internet marketing because it helps to be noticed more easily online. The process is not really very complicated and begins with the determination of what is the most appropriate identity for what you do. From there, a decision is made on how to mark this chosen identity in the minds of others. In most cases, the use of multiple branding strategies is often considered the best approach. No matter how dynamic or cutting edge your selected strategies are, however, an effort will be wasted unless the image is reinforced as repeatedly as possible. This simple act of repetition plays a key role in the effectiveness of your brand identity efforts. Without repeated and consistent reinforcement, even the best strategies will not succeed in giving the impression you want in the minds of others.

The article was shared on behalf of Morar HPI, a research agency. The company’s brand team aligns commercial objectives, target audiences and sector dynamics to create new brands and focus on existing ones. Their experiences span core brand strategy to brand communications creation. Visit https://www.morarhpi.com/ for more information and services.

Search by IFSC Code the Bank Branch & Other Important Details

Are you aware of the term IFSC Code? If not, then be aware as the same can be used for many banking transactions such as funds transfer via National Electronic Funds Transfer (NEFT), Real-time Gross Settlement (RTGS), etc.

Even if you don’t know the bank branch where you want to transfer the money, the IFSC Code, which stands for Indian Financial System Code, would help you locate it online. So all those wanting to know the nitty-gritty of IFSC Code Finder can take a cue from this article.

Trace IFSC Code with Bank and Branch Name

When you make a fund transfer via net banking or mobile banking using any of the NEFT or RTGS channels, you are required to enter IFSC Code. The moment you enter the same, the bank branch and other details would start appearing on the screen. You can just match the details before executing a transaction. You can even use IFSC Code to know the details of bank, branch and other relevant details.

IFSC Code Finder Online

There are many websites that allow you to trace the IFSC Code. You can get IFSC Code Finder online wherein you need to enter the names of bank and branch to find the same.

How to Trace IFSC Code Offline?

You can get IFSC Code offline by asking the concerned individual, to whom you intend to transfer funds, to quote you the same from his/her cheque leaves. The code would have the first four characters representing bank name, the following fifth character would be 0 and the last 6 alphanumeric characters would represent identification code of bank branch.

How to Transfer Funds Via Net Banking Using IFSC Code?

Transferring the money via net banking requires you add the beneficiary. You first need to login to net banking and click on Add Beneficiary. Upon clicking the same, a new page will come to the screen. You need to enter the beneficiary name, which would be the name of the individual to whom you want to send the money online, his/her account number, as well as IFSC Code. After entering all these details, the beneficiary gets added. However, it beneficiary would require another 30 minutes or so to get activated. The moment the beneficiary gets added, you can transfer the funds to the concerned bank account.

Charges on NEFT Transactions

There would be no charges on inward transactions via NEFT. However, the charges apply to the sender. Transactions of up to 10,000, a charge of 2.50 plus applicable GST would apply. A transfer of more than 10,000 and up to 1 lakh would incur a charge of ₹5 along with applicable GST. Transactions of more than ₹1 lakh and up to ₹2 lakhs would cost you ₹15 plus applicable GST. When you transfer more than ₹2 lakhs, you would be levied a charge of ₹25 plus the taxes.

How About Funds Transfer via RTGS?

The process of beneficiary activation in RTGS is same as that of NEFT as illustrated earlier. However, the minimum transaction amount in RTGS is ₹2 lakhs. Like NEFT, there’s no charge on inward transactions. For transferring between ₹2-5 lakhs, the sender would be levied ₹30. Above ₹5 lakh transfer would cost you ₹55.