Showing posts with label pin. Show all posts
Showing posts with label pin. Show all posts
Friday, April 20, 2012
PAN Card Number Explanation
PAN is a 10 digit alpha numeric number, where the first 5 characters are letters, the next 4 numbers and the last one a letter again. These 10 characters can be divided in five parts as can be seen below. The meaning of each number has been explained further.
1. First three characters are alphabetic series running from AAA to ZZZ.
2. Fourth character of PAN represents the status of the PAN holder.
• C — Company
• P — Person
• H — HUF(Hindu Undivided Family)
• F — Firm
• A — Association of Persons (AOP)
• T — AOP (Trust)
• B — Body of Individuals (BOI)
• L — Local Authority
• J — Artificial Juridical Person
• G — Government
3. Fifth character represents first character of the PAN holder’s last name/surname.
4. Next four characters are sequential number running from 0001 to 9999.
5. Last character in the PAN is an alphabetic check digit.
Nowadays, the DOI (Date of Issue) of PAN card is mentioned at the right (vertical) hand side of the photo on the PAN card.
Saturday, February 4, 2012
6 Benefits Of Increasing Your Credit Limit
Increasing your credit limit just means giving yourself the opportunity to spend beyond your means, right? Not necessarily. Increasing your credit limit can have a number of upsides if you manage your credit wisely.
1.Lowers Your Credit Utilization and Increases Your Credit Score
2.Cheaper and Easier to Get Loans and Additional Credit
3.Helps in an Emergency
4.Increases Your Rewards
5.Lets You Make Large Purchases Efficiently
6.Helps You Avoid Credit Score Dings
The Bottom Line
If you know you're likely to spend up to your credit limit no matter how high it is, that major drawback will outweigh these benefits of increasing your credit limit. Otherwise, consider requesting an increase. It's usually as simple as sending an email to customer service.
1.Lowers Your Credit Utilization and Increases Your Credit Score
2.Cheaper and Easier to Get Loans and Additional Credit
3.Helps in an Emergency
4.Increases Your Rewards
5.Lets You Make Large Purchases Efficiently
6.Helps You Avoid Credit Score Dings
The Bottom Line
If you know you're likely to spend up to your credit limit no matter how high it is, that major drawback will outweigh these benefits of increasing your credit limit. Otherwise, consider requesting an increase. It's usually as simple as sending an email to customer service.
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