Who can avail LRS?
The LRS allows all resident individuals, including minors to freely remit. In case of minors, the LRS declaration form must be countersigned by the minor’s natural guardian. LRS is not available to corporates, partnership firms, HUF and Trusts. ...
What is a Corporate Fixed Deposit? How it is different from a Bank Fixed Deposit?
Corporate Fixed Deposits are term deposits which are held over a fixed period at fixed rates of interest. Corporate Fixed Deposits are offered by Financial and Non-Banking Financial Companies (NBFCs). The maturities of various corporate fixed ...
How can I renew the fixed deposit?
All fixed deposits which are due for maturity can be renewed online through Fintso. • The renewal process must be initiated between 10 to 25 days (both inclusive) prior to the existing fixed deposit maturity date. • An online application through ...
How can I access products and value-added services available on Fintso through WealthMagic?
Please see the video below: Begin your journey by logging into the admin user of your WealthMagic account on a laptop or desktop device Click on the Access Fintso button at the top right of your window. This will open a new window with the Fintso ...
What products can I offer to my clients from Fintso?
You can offer products like Equity Baskets, Global Investments and Fixed Deposits through an end-to-end online execution process. If you wish, you can also upload your Mutual Funds data into Fintso and enable online execution through BSE StAR MF. ...