Tuesday, 11 July 2017

SBI's revised service charges on ATM withdrawal: Full list is here

SBI's revised service charges on ATM withdrawal: Full list is here
State Bank of India or SBI, the country's biggest lender, has revised service charges on ATM withdrawal for users of its mobile app "State Bank Buddy," and various other cash transactions, effective June 1. After the much awaited launch of GST or goods and services tax from July 1, the overall burden of these charges for SBI customers has increased further as a service tax of 15 per cent has been replaced with GST of 18 per cent. SBI has said that Rs. 25 plus GST will be levied for withdrawing money from an ATM through State Bank Buddy. If you transfer funds from app SBI Buddy to your savings bank account then you have to pay a charge of 3 per cent plus taxes, the public sector lender said in a release.
View full details
 click here to Read ALL DETAIL 

An Mutual Fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. One of the main advantages of mutual funds is that they give small investors access to professionally managed, diversified portfolios of equities, bonds and other securities, which would be quite difficult (if not impossible) to create with a small amount of capital.
— A complete, but concise, tutorial about mutual funds in a one-page format with sidebars, illustrations, formulas, examples, and clear definitions of basic terms.Mutual Fund CompaniesInvestment AdviserBoard of DirectorsCustodianTypes of Investment CompaniesManagement CompaniesOpen-End Mutual FundsClosed-End Mutual FundsExchange Traded Funds (ETF)Evaluating a Mutual FundProspectusStatement of Additional Information (SAI)FeesNo Load Mutual Fund FeesClasses of Mutual Fund SharesExpense RatioMeasuring Mutual Fund PerformanceInvesting in a Mutual FundBuying Mutual Fund SharesProfiting from a Mutual FundRegulation of Mutual Fund CompaniesWhat to Consider When Buying Mutual Fund SharesNo-Load Funds may have Fees for Purchasing or Selling SharesLower Fees and Expenses Increases Total Returns and Yields; Higher Expenses Lowers ReturnsBeware of Closet Indexers Statement of Additional Information (SAI)New Format for Prospectuses: the Summary Prospectus and the Statutory ProspectusA Mutual Fund's Past Performance is no Indication of its Future Performance Shareholder Fees12b-1 Fees (Shareholder Service Fees)Sales LoadClasses of Mutual Fund SharesSales

Related Posts

SBI's revised service charges on ATM withdrawal: Full list is here
4/ 5

Developed By sarkar