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Saturday 18 November 2017

Pincode District of Delhi - Interesting Facts You Should Know About

In the year 1774, India got the 3 postal circles – Bombay, Bengal, and Madras. The concept of postal codes was initialized during British times and it is still in continuation by the Indian postal system. After independent India, Three postal circles converted to 9 where one is reserved for the army services.

Even after dividing India into eight circles, there are confusion of name spelling and destination. There were similar places with same name in different states. There was need of some unique identification code that can work with postal delivery amazingly. Here, role of Pincodes come into play. The Pincode concept was introduced in India during 1972 and working successfully till now.
Today, PINCODE has become integral part of communication address otherwise your post will be rejected by the post office. If we talk about Delhi then how will you identify some address if there is not any PINCODE System?

Here, Pincode not only identifies number of district of Delhi but it makes communication process easy across the country. PINCODE consists of six digits where each number has its own significance. Remember that PINCODE is assigned randomly but it is designed carefully by the experts for each area and district.

Earlier, the concept was started in USA during the year 1932 with the same purpose. In USA< it is termed as Zipcode while Indian system has named it PINCODE. You don’t have to confuse between two terms because both have the same meaning and purpose. This is true that digital address has reduced need of postal communication considerably but still there are certain things that are completed with postal addresses only. This is the reason why PINCODE is as popular as earlier.
Here are some interesting facts about Pincode District of Delhi –
  • The facility has made postal delivery highly managed and offers banking services too.
  • PINCODE takes care for everything either it is stamps, money orders or insurance facilities etc.
  • India has the largest postal network across the world that is really amazing and surprising too.
  • India has 8 regional zones and one functional zone that make postal delivery system more attractive and easy to manage by the experts.
  • Each post-office in India has given unique code so mail delivery can be made efficient and chances of error can be reduced significantly.
  • The concept of Pincode in India is similar to concept of Zipcode in USA so you don’t have to confuse between two terms and they can be used interchangeably widely.
These facts are really interesting and truly helpful for the people who want genuine information on Pincode system and its benefits.

Allahabad Bank IFSC Code is Vital Requirement For Fund Transfers Within India

If we look traditionally, fund transfer was completed with the help of bankers only. You have to tell about the source account and the destination bank account where you want to send the money. The technology advancements have taken the banking world to the new heights. You can complete any online transaction by sitting at your home only.
You have to be sure on the IFSC code for the destination bank account to reduce the chances of errors. The best part is that online transactions that are performed with NEFT or RTGS money transfer processes are 100 percent safe. So, what is IFSC code and why it was needed actually by Indian citizens and RBI as well.

Allahabad bank IFSC code is an 11 digits alphanumeric code where every character has its own meaning and significance. It helps you in branch identification within India through unique code that is assigned by the RBI. The Reserve Bank of India is a centralized bank that controls all bank transactions through NEFT and RTGS money transfer schemes. All the details about IFSC code is also given on the official website of RBI.

How to find Bank IFSC/MICR code either online or offline?
Internet banking users should be sure on complete details of beneficiary account like account number, IFSC code, type of account etc to initiate the find transfer process. With the help of IFSC codes, money can be transferred anywhere within India only. Any new bank can provide facility for electronic funds transfers but he has to take license from the RBI for the same. There are multiple ways to find Allahabad Bank IFSC Code either online or offline.
If you are looking to find IFSC code offline then check out the cheque leaves given by the bank. If you are still not sure then you can inquire with your bank representative as well. In case, it is possible to visit your bank branch personally then you can get the complete details by banker personally. These are few options for offline users but things have gone much easier for the Internet users today.
The modern banking users can check all the details on the official website of RBI. Also, you are free to take help from third-party websites. One of the most popular sources is Bizhancer where information for IFSC codes is updated frequently and it is available on your fingertips only. Along with IFSC code, you may find other details too like branch address, location, phone number, etc.
This is necessary to focus that IFSC code keep changing as soon as bank changes its name or it comes under acquisition or merging schemes. In this case, look out for reliable sites only otherwise wrong code will reject the payment transfers.

How IFSC Codes Ensure Safe and Faster Fund Transfers for Modern Banking Users?

Every time you transfer money online, you wanted to be sure that money has been reached to the right person or not. When you transfer money online, it may be risky and causes multiple problems too. In case, you have initiated a wrong transaction then process cannot be reversed at all. Here, role of Bank IFSC/MICR code comes into play.
So, what is IFSC code and why it was needed for the Indian banking system?

IFSC code stands for Indian Financial System code consist of 11 characters where every character has its own meaning and significance. First four digits represent bank name, fifth is always Zero and last six digits signifies for the branch address.

Usually online transactions are completed using any one of processes like NEFT, RTGS, and IMPS etc. Traditionally, fund transfer was a long and time consuming process but IFSC code has the capability to complete the same task within matter of minutes only. There are multiple benefits associated with Bank IFSC/MICR code. Here is quick list of benefits that we have summarized after continuous research and regressive study.

Summarizing the benefits of Bank IFSC/MICR code

-Bank visits are reduced considerably

You don’t have to visit any local branch or you don’t have to stand in queues for hours. Now IFSC codes help you to transfer money online with a matter of minutes only. It does not matter where you are sitting, you can complete your transaction from anywhere across the world.

-Faster fund transfers at your convenience

As we have discussed already, money transfers that were completed in weeks earlier, it can be completed in minutes today. The process is not only efficient but work amazingly even in the case of emergency.

Chances of fraud are also reduced negligibly

Every branch of the bank is assigned unique IFSC code that makes overall find transfer process highly safe and secure. When money is directed through NEFT or RTGS channels, it is encoded to other forms and makes sure that funds are safe and secure.

-24*7 availability even in emergency

The local bank branch stay open at selected time intervals only but online banking shop is open all the time. You can initiate fund transfers at any time of the day.

-Role of RBI in online fund transfers

All the transactions are continuously monitored or controlled by the RBI. This is the duty of RBI to manage all the transactions and develop a working structure for the same. The structure is made successful with the help of IFSC codes only. To check IFSC code for your bank land on Bizhancer.com right away. We cater all of your needs with accuracy and efficiency.

Monday 26 June 2017

Everest Panorama View Trek

Everest Panorama View Trek: Short Everest View Trekking is a most well known trekking in Nepal course. Everest see trek is a short and simple trek to investigate the astounding perspective of Mt. Everest. Numerous trekker goes here in a year. This trek is not all that brutal so this trek should be possible in a constrained spending plan.

Friday 23 June 2017

HP launches 'Centre of Excellence' to support Digital India

Hewlett-Packard today unveiled its first Centre of Excellence (CoE) in India to showcase locally developed solutions that have the potential to digitally transform the country.  http://bit.ly/2tAIVRj 

Views of Pramod Rajpal (ProDot) on effect of Demonetization (NoteBandi)

मैं प्रमोद राजपाल(ProDot), उम्मीद है कि आपने मुझे पहचान लिया होगा | हाल ही में नोटबंदी/ Demonetization की वजह से देश का सिनेरियो काफी बदल गया है जिसने पूरे देश को दो खेमों में बाँट दिया है| एक खेमा नोटबंदी के समर्थन में है और इसे देश के भविष्य के लिए 'अच्छा' कहता हैं और दूसरा खेमा इस फैसले के खिलाफ है और कहता हैं कि यह 'खराब' है। इन दो खेमों में राजनीतिक दल, मीडिया हाउस, पत्रकार, अर्थशास्त्री, मशहूर हस्तियां, कंपनियां, यहाँ तक कि धार्मिक मंच भी शामिल हैं। 
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