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Blog Collection

Udyam Registration Process: Complete Guide for MSMEs

Posted on Thursday, October 24th, 2024 | By

Udyam Registration Process: Complete Guide for MSMEs

Micro, Small, and Medium Enterprises (MSMEs) form a vital part of the Indian economy. Whether it is creating jobs or adding value to GDP, the contribution of MSMEs to the Indian economy is immense.  To support and promote these enterprises, the Indian government has introduced the Udyam Registration process. MSMEs can enjoy a host of…

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Category : Current Account

Difference Between Udyog Aadhaar vs Udyam Aadhaar

Posted on Thursday, October 24th, 2024 | By

Difference Between Udyog Aadhaar vs Udyam Aadhaar

Micro, Small, and Medium Enterprises (MSMEs) are crucial for India’s economic growth. As of March 2024, more than 4 crore MSMEs are registered in the country, and the number is only expected to grow. These enterprises contribute significantly to the nation’s economy, employment, and GDP.  The government has introduced various initiatives to support these enterprises….

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Category : Current Account

Protect Yourself from Merchant Scams

Posted on Thursday, October 24th, 2024 | By

Protect Yourself from Merchant Scams

As financial transactions have become easy due to digital payment methods, it is crucial to not let convenience trump caution.  Merchant frauds in particular are a growing concern in today’s world of online shopping and digital transactions. Whether you are a merchant or a consumer, being aware of merchant frauds and their potential impact on…

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Category : Current Account

Why Your Business Needs a Separate Current Account

Posted on Thursday, October 24th, 2024 | By

Why Your Business Needs a Separate Current Account

Are you still managing your business finances through a personal account? While it might seem convenient, it could lead to several consequences for your business over time. For instance, mixing personal and business transactions can make it difficult to track your expenses accurately, complicate tax filings, and create confusion when analyzing your business’ financial health….

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Category : Current Account

How to Open a Current Account with Udyog Aadhaar

Posted on Thursday, October 24th, 2024 | By

How to Open a Current Account with Udyog Aadhaar

Current accounts offer a range of advantages for businesses. These include higher transaction limits, overdraft facilities, access to business loans, premium digital banking features, and enhanced financial credibility. If you hold an Udyog Aadhaar or are registered under the new Udyam registration, the process of opening a current account becomes even more streamlined and quick….

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Category : Current Account

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