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What is Co-Pay in a Health Insurance Policy?

Friday, July 12, 2019, 5:32 PM

Co-pay refers to the part of the claim amount in an insurance policy which is borne by the insured out of pocket. It is generally provided in a percentage term and is applicable on the claim amount in General Insurance Policies. It may range from 10% to 50% in health policies.
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What is a Two-Wheeler Loan?

Friday, June 28, 2019, 11:54 AM

Banks offer loans to salaried and self-employed to fund the purchase of two-wheelers. Two-wheeler loans are disbursed really fast and require minimal documentation. Two-wheeler loans can be availed to purchase a scooter, motorbike or even luxury bikes. The banks fund up to 100% of the cost of the vehicle and these loans come with minimum income requirements.
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What is Digital Money?

Wednesday, June 19, 2019, 5:41 PM

Digital money is currency in the digital form. Digital money can be transferred using electronic payment systems like NEFT, ECS and credit/debitcard payments. Digital money enables faster, secure payments across bank accounts.Digital money reduces cash payments and associated risks. The transactions are completely online and can be carried out really fast. Digital currencies have changed the way money is transacted and payments settled.

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