5 Types of Intellectual Property

 Do You Know the 5 Types of Intellectual Property?

“Intellectual Property” (IP) are those assets of a business that are Intellectual–in other Words, not Physical–such as Copyrights, Patents, and Trademarks. But many Business owners mix up the Different Types of IP, which makes it Difficult for them to Ask the Right Questions & Learn how to Make Decisions to Protect their Creations.

Here’s an Explanation oF Five Different Types of Intellectual Property, so you understand where they come from, how they are protected, and the Differences between each.

1. Copyrights are creative works that have been Fixed in a Tangible form.

For example, 
These may include Writings, Songs, Photos,Video, Paintings, Sculptures, or Audio Recordings. “Fixed in aTangible form” means that it isn’t just in your head or something you speak or perform—it has been saved in some physical way (which may include in an electronic form).
When multiple people create a work together, they may hold copyrights over their part of the creation (such as the lyricist and the composer of a song), or they may jointly hold the Copyrights, such as Two Authors who Collaborate on the writing of a novel. The copyright is usually held by the person who created it—even if it was paid for by someone else—unless it was a “work for hire” (which carries specific requirements according to the laws of each country).

In the United States, you need to register your copyrighted work with the U.S. Copyright Office if you want to sue someone in court, or if you want to have access to statutory damages at a later time. The cost is minimal ($35-100) and many people can handle the paperwork online themselves. It’s a great idea to reserve this for works that are important to your business and over which you’ll likely to want to actually enforce rights, such as an ebook or series of videos that you’re selling online. Filing a copyright registration on every blog post and photograph is not cost-effective or reasonable, but you may gather them in a collection and register the copyright on the entire project.

There are other rights related to copyright that are honored in certain jurisdictions. The European Union recognizes “performers’ rights,” where performers have the right to prevent recording, broadcast, or recording reproduction of their performance, for fifty years after the performance. The United States does not recognize performance rights under current federal law. Most countries besides the United States also recognize the “moral rights” of the author, where even if the author has licensed or sold rights to their work, they still have a right to attribution and to take their name off the work if it would hurt the author’s reputation.

2.
Patents are grants from the government that give you exclusive rights over your invention for a specific amount of time, in exchange for full disclosure.

The moment the patent expires (twenty years from filing in the United States), anyone else can make generic versions of your work. Patents typically cover inventions like machines, electronics, methods of production, software, methods of doing business, chemicals, and pharmaceuticals. An idea isn’t patentable by itself. It must be novel, not obvious, useful, and “reduced to practice” (someone skilled in your industry must be able to read your information and make the product). That’s why you can’t patent the idea of a Star Trek transporter—no one can use your transporter blueprint to build an actual transporter (yet.)

If you have a patentable invention, you need to file a patent application as soon as possible. This is because in most places, the person who wins a dispute when one arises is the person who was first to file a patent application. In the United States, you apply for the patent with the U.S. Patent and Trademark Office (USPTO), and the process takes quite some time—sometimes years before you even receive a response (an Office Action) from them. A patent can cost thousands of dollars in fees and you almost always need a patent attorney or patent agent to handle it for you, both because of the cost and because of the complexity of the language involved in the creation of claims and the other documents filed in the patent prosecution procedure.

3.
Trademarks are words, symbols, colors, sounds, or smells that someone is using in conjunction with a product or service.

Examples include the name Pepsi, the Just Do It tag line, the Apple logo, or the shape of a Coca Cola bottle. In some ways, trademarks are not property, exactly, because trademark law is designed to protect consumers from confusion and counterfeits—not to reward businesses for their tag lines and logos. Unlike copyrights and patents, trademark protection can theoretically last forever, as long as the business is still using the trademark in conjunction with their product or service. Trademark rights are limited to the particular use, such as for marketing consulting or in the sale of folding chairs.

In the United States, you obtain trademark protections under state law as soon as you are using the mark in conjunction with a product or service. However, that trademark protection is only applicable where you are using it (which may be only that city or state). Some U.S. states have a registration system, but that is in place more to put the public on notice than to grant you any additional rights.

To obtain rights over greater locations, you must register your trademark. In the United States you register your trademark with the Patent and Trademark Office. While this system is simpler than a patent application, it does require the art of figuring out exactly what to trademark and which class (category) to select. In addition, you may need the assistance of an attorney to make that decision. A trademark registration application for one trademark in one class costs a few hundred dollars and typically takes six to eighteen months to complete.

4.
Trade secrets are secret information used by a business that derives its value from being secret, and where the business is invested in protecting that secrecy.

Two commonly cited examples include the recipes for Coca Cola and for the KFC “original recipe”. Other types of common trade secrets include manufacturing processes, client lists, ingredients, systems, sales methods, launch strategies, and business plans. While it is difficult to protect the secrecy of a trade secret, the benefit is that the protection can theoretically last forever.

There is no registration system for trade secrets. You obtain and protect them through your efforts in keeping them secret, such as via non-disclosure agreements, security, and procedures. Each company must enforce rights over their trade secrets via cease and desist letters and lawsuits, or they will lose rights because the information will become public. In the United States, protection is provided mostly under state laws, usually modeled off of the Uniform Trade Secrets Act.

5.
Right of publicity is defined as your right to control how your name, likeness, and Persona are used by others.

An example is that I have the right to prevent my name and photo from being used to Promote someone else’s Service, unless they obtain my Permission. This Right is not Recognized Everywhere, and in some places is pieced Together from other Laws, such as in Right to Privacy Laws, Trademark Law, and Truth-In-Advertising Regulations.




BY
HARSHITA TIWARI
Intern FinTech










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क्या आप बौद्धिक संपदा के 5 प्रकार जानते हैं?



"बौद्धिक संपदा" (आईपी) उन व्यवसायों की संपत्ति है जो बौद्धिक हैं- दूसरे शब्दों में, शारीरिक रूप से नहीं-जैसे कि कॉपीराइट, पेटेंट, और ट्रेडमार्क। लेकिन कई व्यापार मालिक आईपी के विभिन्न प्रकारों को मिलाते हैं, जिससे उन्हें सही सवाल पूछने और उनके क्रिएशंस को सुरक्षित रखने के लिए निर्णय लेने के बारे में जानने के लिए मुश्किल हो जाता है।

यहां बौद्धिक संपदा के पांच अलग-अलग प्रकार के स्पष्टीकरण दिए गए हैं, ताकि आप समझ सकें कि वे कहां से आए, कैसे सुरक्षित हो गए, और प्रत्येक के बीच अंतर

1. कॉपीराइट रचनात्मक कार्य हैं जो एक मूर्त रूप में स्थिर किए गए हैं।

उदाहरण के लिए,
इनमें लेखन, गीत, फोटो, वीडियो, पेंटिंग्स, मूर्तियां, या ऑडियो रिकॉर्डिंग शामिल हो सकते हैं। "स्थिर रूप में स्थिर" का अर्थ है कि यह आपके सिर या कुछ चीज़ जो आप बोलते हैं या करते हैं, न केवल यह किसी भौतिक तरीके से सहेजा गया है (जो कि एक इलेक्ट्रॉनिक रूप में शामिल हो सकता है)। जब बहुत से लोगों ने एक साथ मिलकर काम किया है, तो वे रचना के अपने हिस्से (जैसे गीतकार और एक गीत के संगीतकार) पर कॉपीराइट रख सकते हैं, या वे संयुक्त रूप से कॉपिराइट धारण कर सकते हैं, जैसे दो लेखकों, जो एक के लेखन पर सहयोग करते हैं उपन्यास। कॉपीराइट आमतौर पर उस व्यक्ति द्वारा आयोजित किया जाता है जिसने इसे बनाया है- भले ही वह किसी और के लिए भुगतान किया गया हो- जब तक कि यह "किराया के लिए काम" (जो प्रत्येक देश के कानूनों के अनुसार विशिष्ट आवश्यकताओं को पूरा करता है) था।

संयुक्त राज्य अमेरिका में, यदि आप अदालत में किसी को मुकदमा चाहते हैं, या यदि आप बाद में वैधानिक क्षति की पहुंच चाहते हैं, तो आपको यू.एस. कॉपीराइट कार्यालय के साथ अपने कॉपीराइट कार्य को पंजीकृत करना होगा। लागत कम ($ 35-100) है और बहुत से लोग कागजी ऑनलाइन खुद को संभाल सकते हैं आपके व्यवसाय के लिए महत्वपूर्ण कामों के लिए यह आरक्षित करने के लिए एक बहुत अच्छा विचार है और जिस पर आप वास्तव में अधिकारों को लागू करना चाहते हैं, जैसे कि ई-पुस्तक या वीडियो की श्रृंखला जिन्हें आप ऑनलाइन बेच रहे हैं प्रत्येक ब्लॉग पोस्ट पर एक कॉपीराइट पंजीकरण दर्ज करना और तस्वीर लागत प्रभावी या उचित नहीं है, लेकिन आप उन्हें एक संग्रह में एकत्रित कर सकते हैं और संपूर्ण प्रोजेक्ट पर कॉपीराइट पंजीकृत कर सकते हैं।

कॉपीराइट से संबंधित अन्य अधिकार हैं जो कुछ न्यायालय में सम्मानित हैं। यूरोपीय संघ "कलाकारों के अधिकारों" को पहचानता है, जहां कलाकारों को प्रदर्शन के पचास वर्षों बाद रिकॉर्डिंग, प्रसारण या उनके प्रदर्शन का रिकॉर्डिंग रोकने का अधिकार होता है। संयुक्त राज्य अमेरिका वर्तमान संघीय कानून के तहत प्रदर्शन अधिकारों को नहीं पहचानता है संयुक्त राज्य अमेरिका के अलावा अधिकांश देशों ने लेखक के "नैतिक अधिकार" को भी पहचान लिया है, जहां लेखक ने अपने काम के अधिकारों को लाइसेंस या बेच दिया है, फिर भी उनके पास एट्रिब्यूशन का अधिकार है और यदि उनका नुकसान होता है तो उनका काम बंद होना चाहिए लेखक की प्रतिष्ठा

2. पेटेंट सरकार से अनुदान हैं जो आपको पूर्ण प्रकटीकरण के बदले में विशिष्ट समय के लिए आपके आविष्कार पर विशेष अधिकार देते हैं।

फिलहाल पेटेंट की समय सीमा समाप्त हो जाती है (संयुक्त राज्य अमेरिका में दाखिल होने से बीस साल), कोई और आपके काम का सामान्य संस्करण बना सकता है पेटेंट आम तौर पर मशीनों, इलेक्ट्रॉनिक्स, उत्पादन की विधियों, सॉफ्टवेयर, व्यवसाय करने के तरीके, रसायन, और फार्मास्यूटिकल्स जैसे आविष्कार को कवर करते हैं। एक विचार स्वयं पेटेंट करने योग्य नहीं है यह उपन्यास होना चाहिए, स्पष्ट नहीं है, उपयोगी नहीं है, और "अभ्यास में कमी" (आपके उद्योग में कुशल किसी को आपकी जानकारी पढ़ने और उत्पाद बनाने में सक्षम होना चाहिए) यही कारण है कि आप स्टार ट्रेक ट्रांसपोर्टर के विचार को पेटेंट नहीं कर सकते हैं-कोई वास्तविक ट्रांसपोर्टर बनाने के लिए आपके ट्रांसपोर्टर ब्लूप्रिंट का उपयोग नहीं कर सकता (फिर भी।)

यदि आपके पास पेटेंट करने योग्य आविष्कार है, तो आपको जल्द से जल्द एक पेटेंट आवेदन करने की आवश्यकता है। इसका कारण यह है कि ज्यादातर जगहों पर, जब कोई व्यक्ति विवाद को जीतता है, तो वह व्यक्ति वह व्यक्ति होता है जो पेटेंट आवेदन करने वाले व्यक्ति थे। संयुक्त राज्य अमेरिका में, आप यू.एस. पेटेंट और ट्रेडमार्क कार्यालय (यूएसपीटीओ) के साथ पेटेंट के लिए आवेदन करते हैं, और इस प्रक्रिया से कुछ समय लगते हैं-कभी-कभी साल पहले भी आपसे एक प्रतिसाद (एक कार्यालय कार्रवाई) प्राप्त होते हैं। एक पेटेंट फीस में हजारों डॉलर खर्च कर सकते हैं और आपको लगभग हमेशा एक पेटेंट वकील या पेटेंट एजेंट की ज़रूरत है, क्योंकि यह लागत के कारण और दावों के निर्माण में शामिल भाषा की जटिलता और अन्य दस्तावेजों के कारण दायर की गई है पेटेंट अभियोजन प्रक्रिया में

3. ट्रेडमार्क शब्दों, प्रतीकों, रंग, ध्वनियां या गंध करते हैं कि कोई व्यक्ति किसी उत्पाद या सेवा के साथ संयोजन में प्रयोग कर रहा है।

उदाहरणों में पेप्सी, बस डू इट टैग लाइन, एप्पल लोगो या कोका कोला बोतल का आकार शामिल है। कुछ मायनों में, ट्रेडमार्क संपत्ति नहीं हैं, बिल्कुल, क्योंकि ट्रेडमार्क कानून उपभोक्ताओं को भ्रम और नकली से बचाने के लिए बनाया गया है, न कि उनके टैग लाइनों और लोगो के लिए व्यवसायों को इनाम देने के लिए। कॉपीराइट और पेटेंट के विपरीत, ट्रेडमार्क सुरक्षा सिद्धांततः स्थायी रूप से समाप्त हो सकता है, जब तक कि व्यापार अभी भी अपने उत्पाद या सेवा के साथ ट्रेडमार्क का उपयोग कर रहा है। ट्रेडमार्क के अधिकार विशेष उपयोग के लिए सीमित हैं, जैसे विपणन परामर्श के लिए या तह चा की बिक्री में

irs। संयुक्त राज्य अमेरिका में, आप राज्य कानून के तहत ट्रेडमार्क सुरक्षा प्राप्त करते हैं जैसे ही आप एक उत्पाद या सेवा के साथ चिह्न का उपयोग कर रहे हैं। हालांकि, यह ट्रेडमार्क संरक्षण केवल तभी लागू होता है जहां आप इसे उपयोग कर रहे हैं (जो कि केवल उस शहर या राज्य हो सकता है)। कुछ यू.एस. राज्यों में एक पंजीकरण प्रणाली है, लेकिन आपको अतिरिक्त अधिकार देने के बजाय लोगों को नोटिस देने के लिए अधिक जगह है। अधिक स्थानों पर अधिकार प्राप्त करने के लिए, आपको अपना ट्रेडमार्क पंजीकृत करना होगा। संयुक्त राज्य अमेरिका में आप पेटेंट और ट्रेडमार्क कार्यालय के साथ अपना ट्रेडमार्क पंजीकृत करते हैं हालांकि यह प्रणाली एक पेटेंट आवेदन के मुकाबले सरल है, इसके लिए यह पता लगाना है कि ट्रेडमार्क क्या है और किस श्रेणी (श्रेणी) का चयन करना है। इसके अलावा, आपको उस निर्णय को बनाने के लिए एक वकील की सहायता की आवश्यकता हो सकती है एक वर्ग में एक ट्रेडमार्क के लिए एक ट्रेडमार्क पंजीकरण आवेदन कुछ सौ डॉलर की लागत और आमतौर पर पूरा करने के लिए छह से अठारह महीने लगते हैं .

4 व्यापारिक रहस्य एक व्यवसाय द्वारा उपयोग की जाने वाली गुप्त जानकारी है जो कि इसके मूल्य को गुप्त होने से प्राप्त किया जाता है और जहां उस गोपनीयता को सुरक्षित रखने में व्यवसाय का निवेश किया जाता है। दो सामान्य तौर पर उद्धृत उदाहरणों में कोका कोला और केएफसी "मूल नुस्खा" के लिए व्यंजन शामिल हैं। अन्य प्रकार के सामान्य व्यापारिक रहस्यों में विनिर्माण प्रक्रियाएं, ग्राहक सूची, अवयव, सिस्टम, विक्रय विधि, लांच रणनीतियों और व्यवसाय योजना शामिल हैं। एक व्यापार रहस्य की गोपनीयता की रक्षा करना मुश्किल है, लेकिन इसका लाभ यह है कि सुरक्षा सैद्धांतिक रूप से हमेशा के लिए खत्म हो जाएगी। व्यापारिक रहस्यों के लिए कोई पंजीकरण प्रणाली नहीं है। आप उन्हें गुप्त रखने में अपने प्रयासों के माध्यम से प्राप्त करते हैं, जैसे गैर-प्रकटीकरण समझौतों, सुरक्षा और प्रक्रियाओं के माध्यम से। प्रत्येक कंपनी को अपने व्यापार रहस्यों पर रोक और विरत पत्र और मुकदमों के जरिये अधिकार लागू करना चाहिए, या वे अधिकार खो देंगे क्योंकि जानकारी सार्वजनिक हो जाएगी संयुक्त राज्य अमेरिका में, ज्यादातर राज्य कानूनों के तहत संरक्षण प्रदान किया जाता है, आमतौर पर यूनिफॉर्म ट्रेड सिक्योरिटी एक्ट 

5 प्रचार के अधिकार को आपके नियंत्रण के अधिकार के रूप में परिभाषित किया जाता है कि आपका नाम, समानता और व्यक्तित्व दूसरों के द्वारा किस प्रकार उपयोग किया जाता है। एक उदाहरण यह है कि मेरे नाम और तस्वीर को किसी और की सेवा को बढ़ावा देने के लिए इस्तेमाल होने से मुझे रोकने का अधिकार है, अनुमति। यह अधिकार हर जगह नहीं पहचाना गया है, और कुछ स्थानों में अन्य कानूनों से मिलकर बना है, जैसे कि गोपनीयता के अधिकार, ट्रेडमार्क कानून और सत्य-इन-विज्ञापन विनियम। .

BY
FinTech.Harshita @gmail.com 


# गोपनीयता # कानून # सेवा # व्यापार # प्रचार # विज्ञापन # समझौतों # डॉलर # पेटेंट # बौद्धिक


#Privacy
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Cabin Crew Career Guide
By
Pragati Srivastava [ Air Hostess ]
Capt Shekhar Gupta [Pilot]
Language: English
Cost : USD $100  [ International ] 
Indian INR 699


Pilot’s  Career  Guide
By 
Shekhar Gupta
Rating: Not yet rated. 
Published: July 13, 2013 
Language: English
ISBN: 9781301650040



Pilot’s Career Guide

Nonfiction » Career Guides » Education

Nonfiction » Career Guides » Transportation

Cover for 'Pilot’s  Career  Guide'
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Cost : USD $100  [ International ] 
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#Trainee  #First  #Officer  
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#New Zealand

Personal Loan

Personal Loan



Consumer loan granted  for Personall (Medical), Family (Education,Vacation), or Household (Extension, Repairs, Purchase of Air Conditioner,Computer, Refrigerator, etc.) use, as Opposed to Business or Commercial Use. Such loans are either Unsecured, or Secured by the  asset purchased or by a co-signor (guarantor). 

Unsecured loans (calledsignature loans) are advanced on the basis of the borrower's credit-history and ability to repay the loan from Personall income. 

Repayment is usually through fixed amount installments over a fixed term. Also called consumer loan  something?

What is Personal Loan??

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What is Personal Loan?

It is a type of unsecured loan and helps to meet your current Financial needs. You don’t need any security/collateral while availing it.

 Personal Loan gives you the flexibility to use the Funds as per your convenience and need. Personal Loan is your solution for instant cash and can be used for Traveling, Wedding, Medical Emergency, Home Renovation, or anything else.

 To know how to get an easy Personal Loan, first check the Personal Loan Eligibility criteria. Know your EMIs using the Personal Loan EMI Calculator and apply for a Personal Loan to finance your needs. Make sure you maintain a good credit score and a clean credit history to avail Personal Loan easily.

"


Following are the sub categories for which you may apply for Personal Loan:



                 1.....Loan for Supporting Weddings:


You may take a Personal Loan to support you own wedding. In India it is very prominent reason for taking Personal Loan as the “big, fat Indian wedding culture’ is known to all the financial institutes. They will offer you wedding loan start from buying the jewelry to support the wedding events
.

                 2.....
Home Renovation Loans:


Banks does provide Personal Loan even for renovation of the home. These loan are tailor made as per your requirements.



                 3........Vacation/Trave Loans

Holidaying is becoming expensive by the day. As new horizons beckon, the wanderlust in you would love to go places. Personal Loans for travel are now part of the portfolio of most lenders.


                 4........
Debt Merging Loans or Debt Consolidation Loans:


A debt merging loan helps you to syndicate many different liabilities under one umbrella. Merging makes it easier for you to manage your liabilities. Instead of many EMIs, you pay just one. Besides, you can gain cheap interest rates as well.


                5.....
Loan for Higher Education:

Education is costly and not easily available to everyone. Therefore, education loans are very important. Almost all banks in India offer education loans and the demand has remained steady.








BY
HARSHITA TIWARI
Intern FinTech


#apply
#cv
#job
#resume
#Flight #Attendant
#AirHostess / 
#CabinCrew
#Frontier #Airlines  #Position







Cabin Crew Career Guide
By
Pragati Srivastava [ Air Hostess ]
Capt Shekhar Gupta [Pilot]
Language: English
Cost : USD $100  [ International ] 
Indian INR 699


Pilot’s  Career  Guide
By 
Shekhar Gupta
Rating: Not yet rated. 
Published: July 13, 2013 
Language: English
ISBN: 9781301650040



Pilot’s Career Guide

Nonfiction » Career Guides » Education

Nonfiction » Career Guides » Transportation

Cover for 'Pilot’s  Career  Guide'
By 
Shekhar Gupta
Rating: Not yet rated. 
Published: July 13, 2013 
Words: 26,240  ( Approximate )
Language: English
ISBN: 9781301650040
Cost : USD $100  [ International ] 
Indian INR 1,000



#LOAN #HOME #SEEKER #APPLICATION #BORROWER #MONEY #BANK #PROPERTY #CONTRACT #INSOLVENT #REPAYMENT #EDUCATION # WEEDING #DEBT #EMIs


http://www.fintech-start-up.com/2018/02/banking.html

Banking

  BANKING 



Banking is inculcating saving habit, mobilising resources from public for lending to needy sections of  the society for Economic & Social Developmen
Objective:

i.   To inculcate & encourage saving habit among the public.  Saving from their earnings for the future


ii.  To mobilise the savings from public by offering reasonable return to encourage them ( keeping in mind cost of deposits, inflation etc.). This will be very helpful for Poor,MiddleClass and Senior Citizen.


iii.  Also from the customer's angle, their hard earned money is saved for the Future Exigency, the Amount so Deposited earns return ( as Interest) and the money is safe, secured and has liquidity.

iv.  Public can withdraw their savings at their will for their purpose.


v.  To channelise the savings mobilised to Finance the needs of Manufacture, Trade, Business, Agriculture,Education, Housing, Health Care etc. to needySections of Society.


vi.  When Banks lend  for productive purpose ( not for speculative purpose) it generate Employment, it develops Economic Growth and above all Empower the underprivileged & Downtrodden.


                                                                    
                                                                    """Social banking in India:''''''


In 1970, our former PM Indira Gandhi, by Nationalising the Banks in India has ignited Social Banking. ie., from class Banking to Mass Banking.  Prior to Nationalisation, banks were Privileged & Exposed to a particular Section of Society and Public could not Access their Service.
Since 1970, post Nationalisation of Banks, Economy has Witnessed lot of changes in Banking.  Indian Banks Financed liberally to Poor & weaker sections ( particularly from rural & villages) to enable them to   undertake Agriculture, farming, handicrafts, small trade, Self Employment etc.  Govt of India continues to Enlarge Social Welfare schemes to ensure that Poverty is Alleviated & Neglected sections of society live with dignity & self respect.
Major Development in banking in India is that poor & common are able to Access banks for their needs, they are able to avail loans at reasonable rates without  insisting for collateral security and their terms & conditions are being regulated by RBI.



                                                                           




Banking is an industry that handles cash, credit and other financial transactions. Banks provide a safe place to store extra cash and credit. They offer savings accounts, certificates of deposit and checking accounts. Banks use these deposits to make loans. These loans include home mortgages, business loans and car loans.


Banking is one of the key drivers of the U.S. economy. Why? It provides the liquidity needed for families and businesses to invest for the future.

Bank loans and credit mean families don't have to save up before going to college or buying a house. Companies can start hiring immediately to build for future demand and expansion.


                                                                               """"
How It Works""''


Banks are a safe place to deposit excess cash. That's because the Federal Deposit Insurance Corporation insures them. Banks also pay a small percent, the Interest rate, on the deposit.



Banks can turn every one of those saved dollars into ten. They are only required to keep 10 percent of each deposit on hand. That regulation is called the reserve requirement. Banks lend the other 90 percent out. They make money by charging higher Interest rates on their loans than they pay for deposits. 


                                                                                """
Types of Banks
'''''

The most familiar type of banking is retail banking. This kind of bank provides money services to individuals and families. Online banks operate over the internet. There are some online-only banks, such as ING and HSBC.


Most other banks now offer online services. Savings and loans target mortgages. Credit unions provide personalized service but only serve employees of companies or schools.



Commercial banks focus on businesses. Most retail banks also offer commercial banking services. Community banks are smaller than commercial banks.




They concentrate on the local market. They provide more personalized service and build relationships with their customers. 



Investment banking was traditionally provided by small, privately-owned companies. They helped corporations find funding through initial public stock offerings or bonds. They also facilitated mergers and acquisitions. Third, they operated hedge funds for high net-worth individuals. After Lehman Brothers failed in 2008, other investment banks became commercial banks. That allowed them to receive government bailout funds. In return, they must now adhere to the regulations in the Dodd-Frank Wall Street Reform Act.



Shariah banking conforms to the Islamic prohibition against Interest rates. Also, Islamic banks don’t lend to alcohol, tobacco and gambling businesses. Borrowers profit-share with the lender instead of paying Interest. That's why Islamic banks avoided the risky asset classes responsible for the 2008 financial crisis. (Sources: "Sharing in Risk and Reward," Global Finance, June 2007. "Islamic FinanceIs Seeing Spectacular Growth," International Herald Tribune, November 5, 2007.)



Central Banks Are a Special Type of Bank
Banking wouldn't be able to supply liquidity without central banks.

In the United States, that's the Federal Reserve. The Fed manages the money supply banks are allowed to lend. 

The Fed has three primary tools:
The reserve requirement lets a bank lend up to 90 percent of its deposits.
The fed funds rate sets a target for banks' prime Interest rate. That's the rate banks charge their best customers.
The discount window is a way for banks to borrow funds overnight to make sure they meet the reserve requirement.
In recent years, banking has become very complicated. Banks have ventured into sophisticated investment and insurance products. This level of sophistication led to the banking credit crisis of 2007.



How Banking Has Changed
Between 1980 and 2000, the banking business doubled. If you count all the assets and the securities they created, it would be almost as large as the entire U.S. gross domestic product 


Conclusion:

Banking in India has played a vital role in empowering rural poor & underprivileged masses to have access, empower them.  But still a long way to go.
Latest development:  Prime Minister's Jan Dhan Yojana- a scheme for inclusive growth by opening banks accounts by each household without much of hastle, and Govt crediting directly the subsidy/ other  benefits to their savings account.  Also Govt provides insurance to those who opened the accounts.  This is a great welfare measure and must continue still social inequality/ injustice is rectified in our society.



BY
HARSHITA TIWARI
Intern FinTech
#bank #account #deposit #subsidy #insurance #money #Amount#withdrawal #saving #banker #holder #Interest rate



#apply
#cv
#job
#resume
#Flight #Attendant
#AirHostess / 
#CabinCrew
#Frontier #Airlines  #Position







Cabin Crew Career Guide
By
Pragati Srivastava [ Air Hostess ]
Capt Shekhar Gupta [Pilot]
Language: English
Cost : USD $100  [ International ] 
Indian INR 699


Pilot’s  Career  Guide
By 
Shekhar Gupta
Rating: Not yet rated. 
Published: July 13, 2013 
Language: English
ISBN: 9781301650040




Pilot’s Career Guide

Nonfiction » Career Guides » Education

Nonfiction » Career Guides » Transportation

Cover for 'Pilot’s  Career  Guide'
By 
Shekhar Gupta
Rating: Not yet rated. 
Published: July 13, 2013 
Words: 26,240  ( Approximate )
Language: English
ISBN: 9781301650040
Cost : USD $100  [ International ] 
Indian INR 1,000


Home Loan



                             """   Home Loan''''''


• A home loan is the money that a lender offers you to buy a property. The lender takes the property as a security for the home loan
.
• The property can be a personal property or a commercial one
.
• In the case of non-payment of dues, the lender can retrieve the loan money through the sale of the said property.

Types of Home Loans:

• Home Purchase Loan: This loan is taken to buy a home

• Home Improvement Loan: This loan is taken to fund the repair or renovation of a home
• Home Construction Loan: This loan is taken for constructing a new home.
• Land Purchase Loan: This loan is taken to buy a piece of land.

• Home Extension Loan: This loan is taken for expanding an existing home. For example, you could use it to add another room.

• Joint Home Loan: This is a loan that can be taken by two or more people.

• Home Loan Balance Transfer: This allows you to transfer the balance on your current home loan to a new loan structure.

• Top Up Home Loan: This allows you to borrow money over and above your initial home loan amount. Bajaj Finserv offers attractive rates for to up loans.

Online Home Loan application form and get easy approval and we shall take care of the rest. For the offline loan application, you can simply visit any of our branch, call or SMS to know more.cured loan given by a bank against the security/hypothecation of an underlying property. In the event of failure to repay by the borrower, the bank can, subject to laws of India, attach/sell the underlying property and recover the principal amount and any outstanding interest thereon. 

A home loan can be availed for buying an under-construction property, resale property or even to construct a house on a vacant piece of land.



Features and Benefits of a Home Loan

Home loan features are unique as compared to other loans.
 Few basic features are listed here:

Purpose: For resale or construction, purchase of fully constructed house from builders, extension or renovation of existing house.Loan Amount: Home loans amount totally depends on the requirement; however there is limit is loan amount which is ranging from Rs.2 lac to Rs.200 lac, and this is calculated on applicant’s eligibility, repayment capacity and income.

                                                                                 "'Security"" 

 All home loans are secured wherein collateral is a must.Loan Tenor: 20 years is the maximum loan tenure offered for home loan.Increases the probability of acquiring a house. Many, especially in India will not be able to buy a house will full cash readily available. This is where home loan creates an opportunity for low-class and middle-class community to have a home of their own.This helps in capital appreciation; there is no doubt property prices have boomed in the past 5 years. Investment in home is always a safe and smart move. The value of land always increases and thus appreciation for your investment can be visibly seen within few years.Applicants can avail tax benefit from home loans. Under Section 80CCE of the Income Tax Act, 1961 repayment of principal up to Rs 100,000 on home loan is subject for tax deduction. Once all prescribed conditions are met, this benefit can be availed.

Home Loan plays an important role in helping one with easy availability of your dream home. 
There are a number of banks that offer home loans at low interest rate. You may want to either want to buy a new car or construct one; it has few formalities starting from submitting the application for disbursement of loan amount. Keeping basic documents ready in hand saves time and effort.

Home Loan amount varies from person to person depending on the repayment capacity, age and income of the loan seeker, his/her dependents and so on. 
The loan is available to those who are eligible for a contract such as any person who is not less than 18 years, must not be insane and should not be insolvent or bankrupt. Loans are offered to salaried individuals, professionals or businessmen or self-employed individuals and NRI’s. Visit JMD Home Loans for more details.






BY
HARSHITA TIWARI
Intern FinTech




#apply
#cv
#job
#resume
#Flight #Attendant
#AirHostess / 
#CabinCrew
#Frontier #Airlines  #Position







Cabin Crew Career Guide
By
Pragati Srivastava [ Air Hostess ]
Capt Shekhar Gupta [Pilot]
Language: English
Cost : USD $100  [ International ] 
Indian INR 699


Pilot’s  Career  Guide
By 
Shekhar Gupta
Rating: Not yet rated. 
Published: July 13, 2013 
Language: English
ISBN: 9781301650040



Pilot’s Career Guide

Nonfiction » Career Guides » Education

Nonfiction » Career Guides » Transportation

Cover for 'Pilot’s  Career  Guide'
By 
Shekhar Gupta
Rating: Not yet rated. 
Published: July 13, 2013 
Words: 26,240  ( Approximate )
Language: English
ISBN: 9781301650040
Cost : USD $100  [ International ] 
Indian INR 1,000



#LOAN #HOME #SEEKER #APPLICATION #BORROWER #MONEY #BANK #PROPERTY #CONTRACT #INSOLVENT #REPAYMENT