ICICI Lombard General Insurance: Unveils Flexi Health Plan

ICICI Lombard General Insurance had launched - Complete Health Insurance — a flexible health insurance scheme.

The product has new features, including choice of sum assured starting from Rs. 1 lakh to Rs. 50 lakh.

Mr. Sanjay Datta, Chief - Underwriting and Claims, ICICI Lombard General Insurance said, "The policy offers lifetime renewal with no restrictions on entry age. In this Complete Health Insurance product, a customer can choose critical illness cover for specified illnesses or /  medical procedures. A lump-sum is paid on diagnosis of the critical illness.Also, expenses relating to routine health check-ups & other wellness/fitness activities are reimbursed. There is also an outpatient treatment cover"

The policy also allows reimbursement of travel expenses to the nearest hospital under a medical emergency.

The product is available for one or / two years, for individual as well as family floater plans.

Health insurance accounts for 25 to 28% of the revenues of ICICI Lombard.

The ICICI Lombard expects to report profits this financial year (2012-13), after having recorded losses in the past 2 financial years.

Toll Free: 1800 2666
Customer Support,
ICICI Lombard General Insurance Co. Ltd.
401-402, Interface Bldg; No.11,
Link Road, Malad (West),
For all your service requests e-mail us at

Investment in MFs : Small Investors Transactions up to Rs. 20,000 in cash is allowed

By Arnav Pandya, CFP
For small investors, transactions up to Rs. 20,000 in cash is allowed for investment in MFs (mutual funds).
There is a specific process that needs to be followed while investing in a mutual fund and one part of this deal is the manner of investing.
There is a need to know the types of instruments that can be used for investment and, hence, this becomes an issue to focus on. A question that many people have is whether one can invest using cash but this is something that has to be seen carefully in the light of the recent changes proposed by the  Securities and Exchange Board of India (SEBI) and here is a way in which these conditions will work.
Large Amounts..!
The first area that a lot of people have questions about is the ways in which one can actually invest in MFs. There are different routes like cheque or / online transfer of funds for the purpose of making investments.
This is especially true when it comes to regular investing or / larger amounts like say Rs. 1,00,000. (Rs. 1 lakh) If you are a regular investor or / plan to be a serious investor, then using cheques or /  giving direct instructions to banks like the  Electronic Clearing System( ECS) or / online funds transfer would be one of the best ways to go about the process. The investor can be confident that the process will be completed without any disruption and this would be easier to manage.
Cash Requirements..!
There are some investors who want to use cash for their regular investments. But, there can not be a use of cash for the purpose of investing in MFs.
MFs demand the investment only to come from the bank account of an individual. This clearly highlights how the individual is restricted in terms of the instruments used while investing. Thus, serious investors who want to ensure that they are building up a good corpus should plan ahead to ensure that the investment process is not held up.
New Requirements..!
In order to ease the situation for certain categories of investors, market regulator SEBI has made some recent changes with respect to the investments in cash for mutual funds. These will be applicable only for small investors who are not taxpayers and do not have a Permanent Account Number (PAN ). Some of the people falling under this category are farmers, small traders, small businessmen and workers.
For this category of people, transactions up to Rs. 20,000 in cash would be allowed for investments in MFs, provided they comply with the provisions of the anti money laundering requirements. This will then open the way for some small investments using cash but once again it might not be applicable for every investor.
The writer By Arnav Pandya,  is a CA and CFP - Certified Financial Planner

FAQs on Know Your Client Registration Agency..!

By CAMS Viveka, Investor Education Initiative, CAMS

Here are some FAQs (frequently asked questions) on ‘know your client’ registration agency (KRA).

What is KYC and what are the latest regulatory guidelines in this regard?

KYC is an acronym for “know your client”, a term commonly used for the client identification process.

The Stock market requlator SEBI has prescribed certain requirements relating to KYC norms for financial institutions & financial intermediaries, including mutual funds, to ‘know’ their clients. This would be in the form of verification of identity & address, obtaining information of financial status, occupation and such other demographic information.

With effect from 2012, January SEBI has set out revised KYC norms to make the process uniform across the securities market and introduced a common KYC application form for all SEBI registered intermediaries, namely, MFs (mutual funds), portfolio managers, depository participants, stock brokers, etc.

Investors must, therefore, now use the uniform application form to apply for KYC at the time of investment in MFs.

In the revised KYC regulations, in-person verification has been made mandatory for mutual fund investors as well.

What is a KRA..!?

A KYC registration agency is an agency registered with SEBI under the Securities and Exchange Board of India (KYC Registration Agency) Regulations, 2011. The KRA maintains KYC records of the investors centrally, on behalf of capital market intermediaries registered with SEBI.

An intermediary, for example mutual fund / oe broking house / depository participant, shall perform the initial KYC of its clients and upload the details on the system of the KRA. When the client approaches another intermediary, the intermediary can verify the client’s details with the KRA.

As a result, once the client has done KYC with a SEBI registered intermediary, the client need not undergo the same process again with another intermediary.

Have KRA services been launched..!?

SEBI has accorded KRA licence to CDSL Ventures Ltd, NDML, Dotex & CAMSKRA, a wholly owned subsidiary of CAMS and all four entities have launched services.

How does the KRA benefit investors and intermediaries?

Registering KYC with a KRA not only prevents duplication and inconvenience, but it also enables single-point change management.

As an investor, if one is registered as KYC compliant with any KRA, he can open an account easily with any SEBI registered intermediary without going through the KYC process once again. Any subsequent changes in investor static / demographic information of an investor across various SEBI registered intermediaries can be made by giving a single request to one of the registered intermediaries who will carry out the change.

Further, market intermediaries who register with KRA also benefit as they need not collect documents from KYC - compliant clients, thus eliminating the need to store them.

How does a mutual fund investor complete KYC verification according to the latest SEBI guidelines?

Mutual fund investors can walk into fund branches or their registrar and transfer agents’ (RTAs) service centres to submit their transaction and KYC forms.

RTAs are permitted to carry out the KYC services including in-person verification ( IPV) on behalf of the mutual funds. Hence, mutual fund investors can avail of single-window services for both KYC and transaction acceptance with RTAs. Alternatively, an NISM-/AMFI-certified and KYD-compliant distributor can also carry out the KYC process including IPV.

{This is contributed by CAMS Viveka, an Investor Education Initiative from CAMS. Views expressed are general practices in the Mutual Fund sector and may vary on a case-to-case basis}.


Muthoot Group : Buy Gold & Silver Coins from Mobile Phone

Muthoot Group, a NBFC (non-banking financial company), had launched a slew of applications for iOS and Android smartphones & tablets.

The apps will feature investment tips, stock exchange reports, share trading, purchasing of gold & silver coins, ticket booking, travel packages, access to contact details of senior officials and nearest locations of all Muthoot Group branches across the globe.

The apps can be download free of cost from the Muthoot Group website
www.muthootgroup.com , Apple iTunes or Android market place

Mr. Alexander George Muthoot, Director, Muthoot Group, said, "Our endeavour is to provide everyone with new & innovative ways to manage their financial investments and being a customer driven segment, we are always looking for new mediums to connect with people. Digital media acts as a great channel of communication not just for promoting new schemes but also for listening to the customer's requirements & receiving instant feedback."

Some of the major features of the apps include tips to monitor & manage personal investments including stocks, debentures and other securities. For investors, brokers and traders there will be news about the stock market through BSE, NSE, NYSE and various other international stock exchanges.

The app will also provide prevailing rates for gold & silver and for various currencies. You can buy gold & silver coins offered by the Muthoot Precious Metals Corporation.

There is also the option of browsing, searching & booking domestic and international travel packages and tickets.

Health Insurance Plan : Best Choosing Tips

by Mr. Arvind Laddha, MD, Vantage Insurance Brokers

Buy early:
Buying an insurance policy early ensures that the insurer will cover you for all illnesses because there are likely to be no exclusions if you are in good health at a young age.

What type of insurance policy should you buy?:
 It is advisable to buy a single sum insured that covers you & your family members, rather than buying a separate sum insured for each family member. Such a policy is called a family floater policy.

How much insurance cover is adequate?
When deciding the appropriate sum insured or amount of insurance cover, you need to keep in mind the following factors -the number of members in your family, your age & your family medical history.

About the Author..!
Mr. Arvind Laddha is  MD & CEO at Vantage Insurance Brokers


Royal Homes India: Individual Villa Project at Koothur , NO.1 Tollgate, Trichirappalli

Royal Oakwood individual villa project located at Koothur, No 1, Tollgate, Trichy. Near to Vignesh vidhalaya CBSE School.

Total no of houses is 104 - 3 bedroom houses and 200 apartments.

At present 25 houses are in under construction.

Plot size 1,200 squre feet, built up area 1,365  square feet (Type A) 1,517 square feet (Type B)

Price Rs.2,650 per  square feet

The price including plot of land, house, plot registration, house approval and development charges, III phase EB deposit & connection.

We will arrange bank loan up to 25 lakhs from HDFC, AXIS and LIC HFL.

Royal Oakwood
Payment Schedule

1.    Booking Amount                                              Rs. 1 Lac
2.    At the time of plot registration                 Rs. 7 lacs
3.    Ground floor plinth level                             15%  (Remaining Amount)
4.    Ground floor brick work                               10% (Remaining Amount)           
5.    Ground floor lintel level                              15% (Remaining Amount)
6.    Ground floor roof                                            10% (Remaining Amount)
7.    First floor lintel level                                     15%(Remaining Amount)
8.    First floor roof                                                  10% (Remaining Amount)
9.    Completion of plastering                             10% (Remaining Amount)
10.  Tiling, painting and electrical                     10% (Remaining Amount)
11.  Handing over                                        5% (Remaining Amount

PRICE for Individual House

S. No
Plot Size (sft)
Built-up Area
Price (Rs.Lacs)
3 BHK G+1
3 BHK G+1

Project approved by AXIS Bank, LIC HFL.

Web: royalhomesindia.org

 M.sundar 9788734384
Office     : (0431) – 4023119
Mobile    : 97894 45317, 96777 76153, 98406 76148,9788734384

Global Technologies : Gstar CAD - Frequently Asked Questions

FAQs (Frequently Asked Questions)

#  What are the main advantages of GstarCAD?

* Independent intellectual property
* Reasonable price
* Shortest time to learn how to use
* Similar interface with AutoCAD
* Compatible with AutoCAD

# How to accelerate operation?

Reduce the quantity of application programs running together with Windows, and the quantity of opening drawings in GstarCAD. Use "Purge" to erase useless drawing datum in DWG drawing. Reduce snap items or not snap if not necessary. 

# Whether can GstarCAD encrypt file when saving a file?

You can set password when you save a file in GstarCAD. The method is following:
In "Save Drawing As" dialog box, press "Tools" button then choose "security options". In "security options" dialog you can set password for your file.

# What is the meaning of "Quick Multiple Files Save"?

Quick Multiple Files Save is original save style which is created by GstarCAD. It is also called "Auto and timely backup system" This save style make it possible to record the use's drawing process and can restore the latest drawing when power failure or terminating program. Auto backup system use an original file format (suffix is dwh) which is a new vector drawing format created by GstarCAD. Compared with dwg file it creases the auto backup speed. For example: the backup speed is about 1 second if the file size is within 10M. this make timely backup system be at real time (such as: make a auto backup each 5 minutes)

# How to install print driver in GstarCAD?

Choose "add plotter" in printer or plotter list. You can setup system print driver or Icad08 built-in print driver according your requirement. Our software supports HP, OCE, Canon etc. If you have no suited print driver please install system print driver. If you have suited print driver we suggest you to choose built-in print driver because it make you needn't install driver; accelerate print speed ,compress the size of PLT file; enhance print precision; more convenient on paper setup.

# Is the activation code of GstarCAD series software valid all the time?

The activation code of GstarCAD is matched with your computer. You need not to re-import activation code when you reinstall GstarCAD if you do not change hardware or reinstall operating system, except the method of registering update version changes. If you just reinstall operating system, the previous number is still valid, re-import it after installation can make you through. If you change motherboard or hardware, the previous number is invalid; you have to get a new free activation code from GstarCAD.

# What are the system requirements for GstarCAD?

Microsoft Windows 2000, 2003, XP, Vista,Windows7 ;
Intel Pentium(or faster) Processor ;
Minimum 512M RAM (above 1G RAM recommended) ;
More 300 MB Hard Disk(above 1G recommended);
CD-ROM drive if installing from a CD;
Mouse or other coordinates input devices;
Output Devices (Printer or Plotter).


Mr. T. Wilson Jacob
Business Development Executive
Old No. 35/36, New No. 138, 1st Floor Gream's Road,
Chennai - 600 006.
Mobile - 7200283494. Tel - 044 42045878.
Mail:  sales@gtechnologies.info
Website - www.globalgstar.com

About Global Technologies..!
Global Technologies is the exclusive distributor  of 2D/3D CAD software and solutions for the industries involving AEC( Architecture, Engineering,  Mechanical,, Manufacturing, electrical, GIS, survey and mapping, civil, etc.) With more than 2 years of proud history of technology innovation and practical application, Global Technologies is dedicated to providing the fast, powerful and .dwg-compatible CAD software and solutions for customers.


Chennai Corporation: Widen Net on Property Tax

 The Chennai Corporation will conduct a study and survey on buildings including courts, police stations and police quarters yet to be covered under the property tax as part of the effort to improve tax collection. 

The revenue department of Chennai Corporation has intensified efforts to increase property tax collection. The Chennai Corporation plans to issue notices to buildings that have failed to pay property tax.
Disconnect Water Supply..!
Buildings such as court buildings in Tiruvottiyur, Alandur, Saidapet, Egmore and George Town, private markets & business establishments in malls will also be brought under the scanner.
The civic body will ask Metrowater to disconnect water supply to buildings that have not paid property tax.

The Chennai Corporation has set a target of setting up 2,000 bank counters in the city for walk in payment of property tax to improve tax collection. So far, the Corporation has set up 244 bank counters where residents can remit property tax. These include the braches of IDBI , HDFC, IOB (Indian Overseas Bank), CUB (City Union Bank) & Karur Vysya Bank.

The computerisation of data on property tax in the added zones of Tiruvottiyur & Ambattur has been completed and residents in these zones will be able to remit property tax in banks.

10.71 Lakh Assessees..!
Other zones will become part of the system soon. Property tax demand for the current year is Rs. 477.62 crore for the 10.71 lakh assessees. 

Take Plot of Land Cum Construction Loan to Save on Income taxes..!

While borrowing for construction should look for various options to avail income tax benefits. Take a plot of land cum construction loan.

In such a case the income tax benefits are available on both portions of the loan (Price plot of Land and Cost of construction).

The income  tax benefits are available only in the year of completion of construction.No income tax benefits are available in respect of principal paid back when the construction is incomplete .

Take a loan to buy the plot of land. Moreover, financial institutions will not be keen to lend against land.

Sundaram BNP Paribas Home Finance: Head Office, Branch Office, Resident Representative Offices Full Details in Andhra Pradesh

Chennai based Sundaram BNP Paribas Home Finance is a joint venture between Sundaram Finance and BNP Paribas.

Here Branch Office - BO, Resident Representative Office - RR, Head Office - HO

Branches of Andhra Pradesh

Sundaram BNP Paribas Home Finance Ltd. (BO)
C/O Sundaram Finance Limited
10/305,first floor,Sarojini Road, Near clock tower circle,
ANANTHAPUR - 515 001

Sundaram BNP Paribas Home Finance Ltd. (BO)
C/o. Sundaram Finance Limited, 1st floor of Hot Line Super Market,
Opp: Hot Line Bakery, J P Road,
BHIMAVARAM - 534 202

Eluru -
 Sundaram BNP Paribas Home Finance Ltd. (BO)
D.No. 25 - 2 -12. First Floor, Beside ST. Theresa Convent, NR Pet & RR PET Main Road
West Godavari District,  Eluru - 534 006
Phone: 08812 233 432

Gajuwaka -
 Sundaram BNP Paribas Home Finance Ltd. (BO)
10-2-19/1, R.V. Square, 2nd floor, Meher Nagar, 80 Feet Road
Old Gajuwaka, Gajuwaka - 530026

Gudivada -
Sundaram BNP Paribas Home Finance Ltd. (BO)
10/138 & 139, Vinod Building, Beside Union Bank of India
Eluru Road, Gudivada - 521301
Phone: 08674 248 007

Guntur -
Sundaram BNP Paribas Home Finance Ltd. (BO)
H.No. 5-87-26, Sai Srinivasan Building
Opp. Niligris Super Market, Laxmipuram Main Road
Guntur - 522 007
Phone: 0863 - 233 1469
Hyderabad -
Sundaram BNP Paribas Home Finance Ltd. (BO)
Flat No. 102, 1st Floor, Amsri Plaza, No. 9-1-164, SD Road
Secunderabad, Hyderabad - 500 003
Phone: 040 - 2780 6002 , 27805833

Sundaram BNP Paribas Home Finance Ltd. (RR)
3rd floor, AYYAPPA TOWERS, D NO 5-1-61/1, Opp: Care Hospital
Main Road, Suryaraopeta, KAKINADA - 533 001
Phone: [0884] 3206953

Karim Nagar -
Sundaram BNP Paribas Home Finance Ltd. (BO)
H.No: 8-6-179/2/A, First Floor, Opp. Select Motors, KothiRampur
Hyderabad Road,  Karim Nagar - 505 001
Phone: 0878 227 7676

Sundaram BNP Paribas Home Finance Ltd. (RR)
C/O Sundaram Finance Ltd, D.No:8-3-213 & 214, 1st Floor,
Veddem Pichaiah Complex, Wyra Road, KHAMMAM - 507 001
Phone: [08742] 242250

Kukatpally -
Sundaram BNP Paribas Home Finance Ltd. (BO)
6-945, Lakshmi Tulasi Residency, Vivekananda Nagar Colony
Kukatpally - 500 072
Phone: 040 - 2316 2224

Kurnool -
Sundaram BNP Paribas Home Finance Ltd. (BO)
2nd Floor RMK Plaza, Opposite Zilla Parshid, Kurnool - 518004
Phone: 08518 225 146

Madanapalle -
Sundaram BNP Paribas Home Finance Ltd. (BO),
1st Floor, D.No. 15 - 363, Jogappagiri Street, Gandhi Road
Chitoor District, Madanapalle - 517235

Sundaram BNP Paribas Home Finance Ltd. (BO)
C/o. Sundaram Finance Limited, 24/1677, Brahmanandapuram,
Dargamitta,NELLORE - 524 003
Phone: 0861  2328481 / 2349073

Nizamabad -
Sundaram BNP Paribas Home Finance Ltd. (BO)
D.No: 5-4-163, Sai Ganga, Opp. Nizamabad Dist Co-Operative Bank, Road No. 2,
Saraswathi Nagar, Nizamabad - 503001
Phone: 08462 220 224

Sundaram BNP Paribas Home Finance Ltd. (RR)
C/O Sundaram Finance Limited, 8-542(5), 2nd floor,
North Bye pass Junction, NH-5, Opp.Dist Police Office,
ONGOLE - 523002
Phone: 08592 - 221276

Sundaram BNP Paribas Home Finance Ltd. (BO)
1st Floor, Sri Hari Soudha, 79-2-4/4, Opp. Akshara Sri School,
Tilak Road, RAJAHMUNDRY - 533 103
Phone: 0883-  3256600

Sundaram BNP Paribas Home Finance Ltd. (RO)
No.101, First Floor, AMSRI Plaza
Sarojini Devi Road,
SECUNDERABAD -(Andhra A.O) - 500003
Phone: 040 - 32975692

Srikakulam -
Sundaram BNP Paribas Home Finance Ltd. (BO)
H.No: 1-6-15/3, Opp Old NCC Canteen, Arts College Road
Srikakulam - 532 001
Phone: 08942 229 123

Sundaram BNP Paribas Home Finance Ltd. (RR)
A Division Of Sundaram Finance Ltd, Shop No 11&12, Beside Punjab National Bank,
Vidhya Mahal Complex, Railway Station Road,
TANUKU - 534 211

Sundaram BNP Paribas Home Finance Ltd. (RR)
C/o Sundaram Finance Ltd, D.no.2/89, First Floor,
Tiruchanur Road, Srinivasa Puram, TIRUPATHI - 517 503

Sundaram BNP Paribas Home Finance Ltd. (BO)
JM-3, Second Floor, Opp.Chandramoulipuram Post Office, Besides M&M,
M.G.Road, VIJAYAWADA - 520 010
Phone: 0866- 3298753

Sundaram BNP Paribas Home Finance Ltd. (BO)
Flat No.4, First Floor, 181, Dwarakanagar,
Phone: 0891 -3255704

Sundaram BNP Paribas Home Finance Ltd. (RR)
C/o Sundaram Finance Limited, SSS PLAZA, H.NO.11-25-131
Phone: 0870 2441244


Sundaram BNP Paribas Home Finance: Branch Office, Resident Representative Offices Full Details in Karnataka State

Chennai based Sundaram BNP Paribas Home Finance  is a JV (joint venture) between Sundaram Finance and BNP Paribas.

Here Branch Office - BO, Resident Representative Office - RR, Head Office - HO

Branches of Karnataka

Sundaram BNP Paribas Home Finance Ltd. (BO)
112/12, 1st Floor,11th Cross,
Malleshwaram, BANGALORE - 560 003
Phone: 080- 23567911 / 12 / 13

Bangalore (Jayanagar)
- Sundaram BNP Paribas Home Finance Ltd. (BO)
Old No. 1947, New No. 19, II Floor,
South ''D Main Road, 28th Main, 9th Block Jayanagar
Bangalore (Jayanagar) - 560 069
Phone: 080-  2649 4747 / 2649 3737

Hubli -
Sundaram BNP Paribas Home Finance Ltd. (BO)
C/o. Sundaram Finance Limited,
Door No 101, First Floor, Centre Point New Cotton Market
Hubli - 5800 29
Phone: 0836 - 2251954

 Sundaram BNP Paribas Home Finance Ltd. (RR)
C/o Sundaram Finance Ltd, 2nd Floor, Krishna Prasad Building,
Near Mangalore City Corporation, Lalbagh,
MANGALORE - 575 003
Phone: 0824 - 2451517

Sundaram BNP Paribas Home Finance Ltd. (RR)
C/o Sundaram Finance Ltd, Venjay Edifice, II Floor, No.37,
JLB Road, Chamarajapuram, MYSORE - 570 005
Phone: 0821- 2425007
Mobile: 9449006013

Shimoga -
Sundaram BNP Paribas Home Finance Ltd. (BO)
Srinanganatha Commercial Complex, First Floor
Shivamurthy Circle, Kuvempu Road
Shimoga - 275 718
Phone: 08182 - 275 719

Udipi -
Sundaram BNP Paribas Home Finance Ltd. (BO)
IInd Floor, Andrade Arcade, Near Syndicate bank, Catholic Center
K.M. Marg, Udipi - 576101
Phone: 0820 - 252 0879

White Field -
Sundaram BNP Paribas Home Finance Ltd. (BO)
IIIrd Floor, No. 295, Silver Square, Whitefield Main Road
White Field - 560 066
Phone: 080 - 2845 0035


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