ICICI PRUDENTIAL SAVE ‘N’ PROTECT POLICY

ICICI PRUDENTIAL SAVE ‘N’ PROTECT POLICY :
ICICI Prudential Life Insurance Company is introduced a new one policy that is ICICI Prudential Save ‘n’ protect Policy.

ABOUT POLICY :
This policy is provided a double advantages to you that is savings and your life cover.

This policy provides you with a unique feature which gives you additional extended term insurance cover for five years after the maturity date of policy, for 50% of the sum assured, without any fresh evidence of health. You will not have to pay any premium for the same.

It is a fixed term policy that combines savings with life cover. In this plan, you pay premium regularly during the term. On death of the life assured upto age 7 years, the basic premium paid will be returned without interest. On the death of the life assured after age 7 years, the beneficiary will get the sum assured, the guaranteed additions. The first 4 years and the vested bonuses. Once the policy matures. that is at the end of the term, you can get the full sum assured and guaranteed additions. annually for the first 4 years as well as the vested bonouses.

The policy have minimum entry 0 years to maximum 60 years, minimum maturity age limit is 18 years to maximum 70 years, policy terms are minimum 10 to maximum 30 years. Minimum per annum premium is 6,000 to maximum is As per sum assured. Minimum Sum assured is 50,000 to maximum sum assured is One Corer. Payment modes are yearly, half yearly and monthly systems and Tax benefits as per providing the Income Tax Laws.

For protection to your family against any health hazards or unfortunate eventualities we offer you the following riders with this plan at a nominal extra costs.
Critical Illness Riders, Accident and Disability Benefits and Accident Benefit Riders.

Loan Against the Policy :
Yes you can avail of a loan under the policy to meet your requirements. This will be dependent on the paid up value your policy acquires. Interest is charged on the amount of loan availed.

Contact :
For more details of this policy please contact to your nearest ICICI Prudential Life Insurance Company Limited or visit the website at www.iciciprulife.com for further details.

If you are decided to purchase this policy please contact +91-98860-43598.

ICICI PRUDENTIAL CASH BACK POLICY

ICICI PRUDENTIAL CASH BACK POLICY :
ICICI Prudential Life Insurance Company is introduced a new one policy that is ICICI Prudential Cash Back Policy.

ABOUT POLICY :
This policy is fixed term policy of 15 to 20 years, which premiums are payable by you throughout the term of the policy. In turn survivial benefits payments are made to you at regular intervals, to provide you with liquidity. Fully sum assured, along with the guaranteed additions at the rate of 3.5% compounded annually for the first 4 years and the vested bonouses would be payable on death, irrespective of the survivial benefits paid.

In your life, you always look forward to certain milestones. It may be the birth of a childrens in your family, the education of your childrens or purchasing a new home. These milestones have financial liabilities attached to them. What you require is an insurance plan that not only provides your family with adequate cover against any unfortunate event happenings with your life. But also provide you with liquidity to take care of financial requirements at these milestrones. Keeping this in mind, ICICI Prudential Life Insurance Company Limited, offers you in a single plan that combines the triple benefit of protection, savings and liquidity.

The policy have minimum entry 16 years to maximum 55 years, minimum maturity age limit is 31 years to maximum 70 years, policy terms are minimum 15 to maximum 20 years. Minimum per annum premium is 6,000 to maximum is un limited. Minimum Sum assured is 75,000 to maximum sum assured is no limit. Payments modes are yearly, half yearly and monthly system.

How does Policy works :
The survival benefits are payable are as per the rules. and On the death of the Life assured, the beneficiary will get the full sum assured, the guaranteed bonuses and the vested bonuses, irrespective of the survival benefits already paid.

For protection to your family against any unfortunate health hazards or eventuality, we offer you the following riders at a nominal extra cost with this plan.
Critical Illness Riders, Accident and Disability Benefits and Accident Benefit Riders.

Loan Against the Policy :
No available loan against this policy.

Conditions and exclusions are applicable :
Suicide : If the Life assured commits suicide whether sane or insane, within one year from the date of commencement of this policy, the policy shall be void and the premiums paid will be refunded after deducting the expenses incurred by the company for the issue of the policy date.

Contact :
For more details of this policy please contact to your nearest ICICI Prudential Life Insurance Company Limited or visit the website at www.iciciprulife.com for further details.

If you are decided to purchase this policy please contact +91-98860-43598.

LOANS IN KRISHANA BHEEMA SAMRUDHI BANK LTD

LOAN SCHEMES:
A sum of money given to an individual or individuals with the intent that it is to be repaid at some future date along with any agreed upon interest.
An advance of funds from a lender to a borrower on the agreement that the borrower pays interest on the loan, plus paying back the initial amount of the loan at or over an agreed time.
When a lender gives money or property to a borrower, and the borrower agrees to return the property or repay the borrowed money.

What is Loan?
A loan is a type of debt. This article focuses exclusively on monetary loans, although, in practice, any material object might be lent. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.

The borrower initially does receive an amount of money from the lender, which he has to pay back, usually but not always in regular installments, to the lender. This service is generally provided at a cost, referred to as interest on the debt. A loan is of the annuity type if the amount paid periodically (for paying off and interest together) is fixed.

A borrower may be subject to certain restrictions known as loan covenants under the terms of the loan.

Acting as a provider of loans is one of the principal tasks for financial institutions. For other institutions, issuing of debt contracts such as bonds is a typical source of funding.

Legally, a loan is a contractual promise between two parties where one party, the creditor, agrees to provide a sum of money to a debtor, who promises to return the money to the creditor either in one lump sum or in parts over a fixed period in time. This agreement may include providing additional payments of rental charges on the funds advanced to the debtor for the time the funds are in the hands of the debtor (interest).

Secured
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan.

A mortgage loan is a very common type of debt instrument, used by many individuals to purchase housing. In this arrangement, the money is used to purchase the property. The financial institution, however, is given security - a lien on the title to the house - until the mortgage is paid off in full. If the borrower defaults on the loan, the bank would have the legal right to repossess the house and sell it, to recover sums owing to it.

In some instances, a loan taken out to purchase a new or used car may be secured by the car, in much the same way as a mortgage is secured by housing. The duration of the loan period is considerably shorter - often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. A direct auto loan is where a bank gives the loan directly to a consumer. An indirect auto loan is where a car dealership acts as an intermediary between the bank or financial institution and the consumer.

A type of loan especially used in limited partnership agreements is the recourse note.

A stock hedge loan is a special type of securities lending whereby the stock of a borrower is hedged by the lender against loss, using options or other hedging strategies to reduce lender risk.

A pre-settlement loan is a non-recourse debt, this is when a monetary loan is given based on the merit and awardable amount in a lawsuit case. Only certain types of lawsuit cases are eligible for a pre-settlement loan. This is considered a secured non-recourse debt due to the fact if the case reaches a verdict in favor of the defendant the loan is forgiven.

Unsecured
Unsecured loans are monetary loans that are not secured against the borrower's assets. These may be available from financial institutions under many different guises or marketing packages:
Credit card debt
Personal loans
Bank overdrafts
Credit facilities or lines of credit
Corporate bonds

The interest rates applicable to these different forms may vary depending on the lender and the borrower. These may or may not be regulated by law. In the United Kingdom, when applied to individuals, these may come under the Consumer Credit Act 1974.

Loan Products in KBS Bank :
Crop loans / Samruddhi Kisan Credit Card (SKCC)
All crop loans shall be though Samruddhi Kisan Credit Card, for SKCC loans the limit will be Rs.1,00,000/- maximum, in which upto Rs.25,000/- should be through JLG while above that will be individual loans with mortgage. Loans upto Rs.10,000/- invariably in JLG only except for hospitalisation / emergency loan for staff. Loans above Rs.10,000/- to Rs.25,000/- either in JLG or individual basis, with collateral security. Maximum limit for JLG for all loans is Rs.25,000/- only. Loans above Rs.25,000/- must invariably given as individual loans. There should be a minimum of 15 days gap between date of loan closure and disbursements of repeat loan in crop loans. Vegetable cultivation loans should be given under crop loans.

Sudhama Loan:
Ceiling on Sudhama loan will be savings plus Rs.3000/-.

Agri Investment Loans:
Agri-term loans can be given in villages which have at least 10 monthly recovery accounts and an OTRR >=95%.

Lift Irrigation Loans:
Distance between points of lift to point of delivery must be 1500 Mtrs. Maximum limit: Rs.20,000/- per acre and Rs.2,00,000/- per project.

NFS Growth Micro Enterprises Loans (Composite term loan)
Growth enterprise loan product should be followed as given below;
Micro Loans: Rs.50 K at 21%.
Small Loans: > Rs.50K to Rs.200K at 15% - 18% based on rating.
Macro Loans: > Rs.200K to Rs.500K at 15% - 18% based on rating.

Composite term loan Includes loan for fixed assets and working capital requirements. NFS growth micro loan can be given for first time borrowers. Growth-Micro loans are restricted to activities, which generate direct and significant wage employment and have regular cash flows.

Housing Construction / Repair or Extension:
Housing loans can be given in villages which have at least 10 monthly recovery accounts and an OTRR >=95%.

Vehicle loans to employees / LSPs
Vehicle loan to employees / LSPs should be 85% of the vehicle cost (it will be only cost of vehicle) and 60% of the depreciated value for used vehicle. All vehicles of staff and LSPs financed by must be hypothecated in favour of Krishna Bhima Samruddhi Local Area Bank Ltd. Obtain copy of the R.C. book, insurance copy. The same should be attested by the Branch Head duly verifying the originals and the same to be kept along with the loan documents. Comprehensive insurance of the vehicle shall be done on the day of purchase and before on road. Signature on the “Change of ownership form” Form No. 29 should be taken along with the application. It is the responsibility of the BH to ensure this.

Vidya Samruddhi Loan Product and Procedures:
Target customers of Vidya Samruddhi education loan will be students from rural areas / towns staying in Krishna Bhima Samruddhi Local Area Bank Ltd. (KBS Bank) operating areas and are admitted to job guaranteed courses offered by reputed institutes.

Product:
Minimum loan amount is Rs.10,000/-.
Loan will be limited to maximum of 75% of the cost of study of the courses, subject to a ceiling of Rs.2,00,000/-. The cost of study will include fee payable to the institution, cost of books (as per the estimate provided by the institution), cost of computer (if required for study and certified by institution). All other expenses are to be borne out of the own resources of the applications.
The repayment has to commence from 6 months after completion of study or immediately on securing employment, which ever is earlier. The maximum repayment period will be 4 years from that date. Thus the maximum tenor of the loan is 6½ years. Interest has to be paid during the period of moratorium by the co-applicant or guarantor.
Interest chargeable for Professional Higher Education courses would be at the rate of 15% on diminishing balance, upfront loan processing fee at the rate of 2% plus service tax as applicable.
Interest chargeable for Vocational courses at the rate of 18% on diminishing balance, upfront loan processing fee of 2% and service tax as applicable. Maximum exposure upto 75% of the course fee and tenure Upto 3 years.
Recovery has to be made through post dated cheques (PDCs) and / or through Electronic Clearing System (ECS).
Applicant would be the student, parent would be co-applicant (preferably who is earning), guarantor must be an employee with State / Central Government / PSUs / Reputed Corporate and Banks. Minimum net monthly income of the guarantor should be Rs.5,000/- and should have sufficient service to cover the loan period.
For the present, the scheme will be limited to cover only domestic courses. The maximum duration of the course has to be 2 years.

Procedures:
At the time of disbursement we have to collect 3 PDCs from each applicant, co-applicant and guarantor as a security.
Disbursement will be made by the branch favouring the educational institution and documents should be kept with unit.

Disbursement has to be made direct to the institutes / vendors. Cost of books purchased can be reimbursed in cash subject to production of receipts.

Financial Services
Savings; Samruddhi Bank is offering different Deposit Products to its customers depending on the needs of the customers.S.no Saving Product

Product Description
Fixed Deposit IAWPA fixed deposit, which will mature on a specific period in the future and payable after maturity along with the interest.
Fixed Deposit ARIA fixed deposit which will mature on a specific period in the future and interest payable periodical basis as requested by the depositor.
Savings Bank: A Normal savings bank with multiple deposits and multiple withdrawals.
Samruddhi Life Savings Bank: A savings bank with multiple deposit and multiple Withdrawals. The deposit holders will get a free Accidental Insurance as well as Life Insurance
Samruddhi Cash Certificate: A fixed deposit payable after maturity.
Recurring Deposit: A Fixed deposit with monthly installments, payable on maturity along with interest.
Samruddhi Daily Deposit: A daily deposit product, a multiple of Rs.10I- to Rs.2501- for aperiod of 6 months, payable on maturity.
Current Account: A bank account with multiple deposits and multiple withdrawals normally used by business entities.
Samruddhi Life Term Deposit Insurance linked fixed deposits.
Samruddhi 365A fixed deposit which matures with 365 days and with 11% interest rate.

Loans
Samruddhi Bank offers a wide range of loans catering to different segments of the poor and their varied needs across a large number of economic activities, as follows:

Crop Loans through Joint Liability Groups! Crop loans through Bore well users association.
Samruddhi Kisan Credit Card : Credit Card for crop loans
Sudhama Loans- Loans Agri Allied
Non Farm Micro and Growth Enterprises
Loans to SHG/MACTSNO
Rural Housing Loans
Loans against bank’s deposit
Small Road Transport Loans

KRISHANA BHEEMA SAMRUDHI BANK LTD

ABOUT KBS BANK :
Krishna Bhima Samruddhi Local Area Bank Limited (Samruddhi Bank) was incorporated in 1999 and was granted license by Reserve Bank of India, the bank regulator in India, to carry on banking business as a local area bank in the districts of Mahboobnagar in Andhra Pradesh state and Raichur and Gulbarga districts in Karnataka state. Samruddhi Bank is presently owned entirely by Bhartiya Samruddhi Investments and consulting services Ltd. (BASIX Ltd.) which has invested Rs.50 million in the bank. The Bank started operation in February, 2001

The concept of Local Area Bank (LAB) was introduced in 1996 with a view to mobilize rural savings and make them available for investment in the local area of operation of such banks. The local area banks were expected to bridge the gap in the availability of credit and strengthen the institutional credit framework in rural and semi-urban areas. LABs were required to finance and Isquo; priority sector and rsquo; that included agriculture and allied activities, trading activities, non-farm sector and cottage and village industries and small scale industries. Their lending to priority sector consisting of the above activities was to be minimum 40% of their net bank credit and lending to weaker section was to be at least 25% of their priority sector lending vast number of poor people particularly in rural areas.

Area of Operation:
Samruddhi Bank is operating in three most backward districts located contiguously in two states of Andhra Pradesh and Karnataka. Samruddhi Bank has a network of 14 branches locations are as under: As per the RBI report, all the three districts are considered as under-banked districts of the country. The profile of the area is given below:

Mahboobnagar District:
The district is located in the state of Andhra Pradesh. Bank’s head office is located in the district headquarter two of Mahboobnagar. There are 1477 villages in the district with a population of 35.13 Lakhs. Agriculture is the predominant economic activity with more than 75% of the people depending on agricultural activities for their livelihoods. 48% of the landholdings are less than one hectare in area. 22 Percent of net sown area is under irrigation. Normal annual rainfall is around 600 mm. Millets, Pulses and oilseeds are the major crops with Castor alone occupying 30% of the area. Other important economic activities are handloom weaving and sheep / goat rearing.

There are 229 bank branches including RRBs (70) and co-oprative banks (19) operating in the district. The deposits aggregate Rs.2,690 crores and advances Rs.2,481 crores as on 31.03.2008 and the Credit Deposit ratio is 92%.

Branches in Andhra Pradesh State:
Mahboobnagar
Atmakur
Kodangal
Gadwal
Nargarkarnool

Raichur District:
The district is situated in Karnataka state. It has 808 villages with a population of 16.70 lakhs. Normal rainfall is 621 mm and the predominant economic activity is agriculture. The principal crops are Paddy, Jowar, Tur, Groundnut, Sunflower and Cotton. 42% of landholdings have an average area of 2 hectares and above. Irrigated area constitutes 30% of the net sown area. The district also has substantial area under plantation crops like Mango and Coconut. The district is a major centre for cotton production. There are several agro based industries in the district viz. rice mills, oil mills, cotton ginning and pressing factories and spinning mills.

There are 129 bank branches functioning in the district. The aggregate deposits and advances as on 31.03.2008 are Rs.1456 crores and Rs.2002 crores respectively. Credit Deposit ratio is 138%.

Branches in Karnataka State: (Raichur District)
Raichur,
Manvi
Deodurg-Bank-on-Wheels (A Mobile Br.)
Sidhanur

Gulbarga District:
Gulbarga district is located in the state of Karnataka. The district has 1360 villages. Population is Rs.31.25 lakhs with majority of people involved in agricultural activities. 50% of landholdings have an average area of above 2 hectares. 14% of net sown area has irrigation facilities. Normal annual rainfall is around 700 mm. The major crops grown are Millets, Pulses, Sugarcane and oilseeds. Except for a few cement and Dal processing units, the district does not have any other industrial activity and is considered industrially backward. However, there are a sizeable number of rural go downs located in the district.

There are 209 bank branches operating in the district. The outstanding Deposits as on 31.03.2008 are Rs.2745 crores and advances are Rs.2966 crores. Credit-Deposit ratio is 108%.

Branches in Karnataka State: (Gulbarga Dist.)
Gulbarga
Yadgirs
Kamalapur
Chowdapur
Aland

In addition to deposits, advances have also shown healthy growth, especially in the farm and non-farm segments.

Indian Grameen Services:
Livelihood and Micro finance Promotion Fund (LAMP FUND) :
LAMP Fund which started with the contribution from India Grameen Services, a BASIX group of company worth Rs. 20 Lakhs in the year 2001. Later Development International Desjardins, Canada (DID) with support from CIDA as a part of its ‘ Banking with the Poor in lndia’ project, reinvested the term loan of Rs. 53 Million which was extended to Bhartiya Samruddhi Finance Limited (Samruddhi) of BASIX group to this fund, for strengthening many smaller micro-Finance Institutions (MFls) that are emerging in the country today, linking many more poor people to the formal banking sector.

The primary purpose of the fund is to promote and support micro finance and livelihood initiatives, as well as community based organisations and community based micro-finance institutions in India. The use of this fund focussed on attaining long-term sustainability and contributes to positive outcomes in terms of the promotion of micro finance as a means of livelihood promotion and rural poverty reduction.

The overall goal of the LAMP Fund is:
To contribute to the improvement of the livelihood situation in rural India, especially for the disadvantaged sections of the society, through developing products and supporting financial services to small NGO microfinance institutions (NGOMFIs), as well as community owned microfinance institutions (CO-MFls).

The objective of the LAMP Fund is pursued in two major thrusts, each addressing the target clients from the same angle to achieve the desired goal:
To build the capacity for broadening the offering of the NGO/ CO-MFI from micro-credit to livelihood promotion support through networking with other financial institutions and service providers (such as for training, IT, Insurance, livelihood promotion), as the NGO/ CO-MFI begins to graduate.
To provide access to Financial Services to small and upcoming NGO microfinance institutions (NGO-MFls) run by NGOs as well as community owned microfinance institutions (CO-MFIs).
Eligibility Criteria
Nature of Support Extended
Process of applying
List of Partners

The Livelihood School focuses on livelihood promotion, and not rural development or micro-finance; working with people who lack access to good training due to their inadequate command over English language and not their basic intelligence; guided by practitioners working closely with academicians; Involving a mix of class-room learning and learning on site; at different locations; by an extended faculty group (EFG); in collaboration with multiple institutional.

The School places high values on delivery of high quality. Towards this the School has set up a referral system in addition to an internal review system. It has also developed a rigorous system of faculty selection and makes significant investments in faculty development processes. The School endeavors to ensuring greater involvement of women and to building autonomous, non-hierarchical collaboration with academic institutions, livelihood support agencies and support agencies.

With other institutions:
Indian Grameen Services (IGS) is a not-for-profit Company, registered under the Section 25 of the Companies Act. IGS was promoted by Professional Assistance for Development Action (PRADAN) in 1987, to extend a variety of commercial services, necessary for promoting livelihood opportunities for a large number of rural producers. During 1988-1 995, IGS focused initially on identifying and developing livelihoods, then on provision of technical assistance and support services, and finally on providing marketing support.

Recognizing the limitations of a model in which rural producers were dependent on a reluctant and unfriendly banking system for start-up credit and working capital, and at the same time believing in the need to integrate technical assistance and support services with credit, IGS, during 1996-2000, got actively involved in the promotion of the BASIX group of companies, designed to provide financial services and technical assistance in an integrated manner, and on a commercially sustainable basis. Technical assistance and support services, wherever possible, could be extended in collaboration with various economic agencies operating in rural areas with their own areas of core competence. IGS focused its attention on identifying livelihood opportunities for rural producers in the areas of operation of BASIX and extending various technical assistance and support services necessary for these customers. From the experiences of this phase, IGS reaffirmed its belief that “credit is a necessary but not sufficient condition for livelihood promotion”.

From 2001-onwards, IGS focused its attention on two parallel streams of work, first, strengthening the implementation capabilities of various institutions/agencies, including other companies of the BASIX group, various development organizations and community based organizations (CBOs); and second, continuing knowledge building on livelihood promotion by studying and documenting the livelihood promotion efforts of others, and constantly analyzing its own pilot action research.

With its experience over the years, it recognized the complexity of the task of supporting livelihoods, in the changing economic environment, with variety of services at multiple points along a sub-sector in collaboration with various parties, who provide services in their own self-interest. The overview of IGS initiatives are presented below;
Action Research on various sub-sectors
Institutional Development Services (IDS)
Livelihood & Micro Finance Promotion Fund (LAMP Fund)
New Initiatives


Money Transfer
Samruddhi Bank is offering cheaper money transfer facility payable at more than 228 locations across India in agency arrangement with lClCl bank.

Insurance
Samruddhi Bank is providing various insurance services as follows:
Life insurance for customer - Aviva Life Insurance Company
Livestock insurance - Royal Sundram Insurance Company
Weather insurance - ICICI Lombard Insurance Company
Crop insurance - Agricultural Insurance Company of India
Health insurance - Royal Sundram Insurance Company

Samruddhi Bank has established; Samruddhi Centre for Livelihood Promotion; for extending Agriculture and Business Development services mainly to its customers. Over 1000 of its customers (largely dairy farmers) are already getting such services. The centre is in process of extending such services to customers with agricultural crops like red-gram, paddy and non-farm micro-enterprises like Kirana shops, vendors, small restaurants etc. The centre will also provide technical services for institutional development for such small groups of producers.

MISSION:
The Mission of the company is:
To be a sustainable local Community based Institution.
Providing financial services to the under served.
Particularly rural poor and women to catalyze the provision of technical and support services to the borrowers with the ultimate goal of promoting a large number of livelihoods in the area.
To be a sustainable local community based institution providing financial services to the underserved, particularly rural poor and women and to arrange provision of technical assistance and support services to the borrowers with the ultimate goal of promoting a large number of sustainable livelihoods in the area.

OBJECTIVES OF THE BANK:
To minimise transaction cost to borrowers and bank.
Priority will be given to those not reached by formal financial institutions.
To provide services at the door step of the customers.
To provide Technical Assistance and support services.
Priority to those not reached by formal financial institutions by providing access to banking services including affordable credit.
Provide service at the doorstep of the customers
Provision of technical assistance and other business development services for Agriculture and Non-farm livelihood activities.
Providing various institutional development services (IDS) services including promotion and strengthening of Self Help groups, producer groups, other community based organizations etc.

FOCUS:
The Bank was mainly focus on:
Micro Finance preferably for Rural and Semi-urban areas.
Encourage savings habit among rural poor.
Provide timely credit for economic activities.
Provide / organize Technical Assistance and support services.
Provide Insurance linkage.

MANAGEMENT:
K.B.S. Bank is governed by a professional board with appropriate sub-committees viz. Risk Management Committee, Audit Committee and a number of other key oversight committees.

Managing Director is the Chief Executive Officer of the bank. Managing Director is assisted by the top management of the bank consisting of two Assistant General Managers and Managers looking after various functions of the bank at Head Office. Each district's operations are looked after by a District Manager. The departments functioning at Head office are as under:

Operations and Human Resource (HR): The Department looks after operations and services including credit and human resources. Training and Human Resource Development are also looked after by the Department.
Accounts, Finance and Compliance.
Risk based supervision and internal audit.
Income Tax Department.
Extended customer services which include agri-business development, institutional development services, insurance for both credit as well as deposit products etc.
Resource Mobilisation and Business Development.

FACE BOOK USESES

Face Book :
Face Book is a one of the fastest growing web site in entire world. From this web site you will add more than 5000 your photos in safe. If you are thinking over 5000 photos added are how much safe. If you are add some photos and named as a rajesh if any one came to face book site and typed rajesh he will get your all photos and details like mobile numbers, phone numbers and personal address, in this site without any restrictions.

One of the our Indian security expert has warned that face book users should remove their home addresses and phone numbers, mobile numbers and other personal details from their Facebook accounts.

Because the website now gives third parties access to you all information any where from the world. The website said in a blog post at the weekend that it would give developers of applications access to the contact information of users who install their applications.

These permissions must be explicitly granted to your application by the user via our standard permissions dialogs. Please note that these permissions only provide access to a user's address and mobile phone number, not their friend's addresses or mobile phone numbers.

You have to ask yourself is Facebook putting the safety of its over 600 million users in entire world as a top priority with this move.

It won't take long for scammers to take advantage of this new facility, to use your photos, personal address, mobile numbers and other details for their own criminal (like dacoits, professional hackers, robberies, murderers, terrorists and others) activities ends.

Advised that users should take personal informations such as home addresses and mobile numbers with photos off their pages.

You can imagine, for instance, one of the bad guys could set up a downloaded your personal details with address that collects mobile phone numbers and then uses that information for the purposes of SMS spamming or sells, MMS, Scandals on the data to cold-calling companies.

So If you are a face book user please delete you all informations like mobile number, phone number, your family details, your professional details, personal address, personal photos and other valuable informations from your account. This is my personal request to you so please remove it and safe and help yourself.

PGD IN BANKING AND INSURANCE IN GULBARGA UNIVERSITY.

REGULATIONS GOVERNING THE POST-GRADUATE DIPLOMA IN BANKING AND INSURANCE

There shall be a Post-Graduate Diploma Course in Banking and Insurance (P.G.D.B.I.) in the Faculty of Commerce and Management being governed by the following regulations:

Eligibility for Admission:
A candidate who has passed three year degree course examination or any other examination considered as equivalent thereto of any recognized university is eligible to take admission to the course.

Course of Study:
The course of study shall extend over a period of one year consisting of two semesters. The terms and vacations shall be as notified by the university from time to time.
The course of study shall be as under:
Ist Semester 5 Core Papers
IInd Semester also 5 core papers
Lastly Project Report and Viva voca.

The titles and syllabus of the papers shall be as prescribed by the Board of Studies
in Commerce from time to time.
The candidate shall undergo in-plant training in any Banking and Insurance enterprise for a period of four weeks after the end of the second semester examination. A project report incorporating observations and suggestions related to the topic in the field of study shall be prepared under the guidance and supervision of one of the staff members. Each report shall be accompanied by the practical training certificate obtained from the enterprise concerned. The project report shall be submitted before one week of the viva-voce examination.
The viva-voce examination shall be a comprehensive one consisting of all the papers studied and the project report.

Hours of Instruction:
The workload per week shall be 4 hours per paper in both first and second semesters. Apart from the class room lectures the students are required to participate in case study discussion, quiz, seminars, tests etc.

Attendance Progress and Conduct:
Each semester shall be taken as a unit for the purpose of calculating attendance.
The students shall attend such course work during each semester as prescribed by the institution and not absent themselves from work without valid reasons.
A student shall be considered to have completed a semester if he/she has attended not less than 75% of the working periods during the said semester and if his/her progress and conduct have been found satisfactory.
The students who fail to complete the course in the manner stated above shall not be permitted to appear for the examinations.

Scheme of examination:
There shall be university examination at the end of each semester and viva-voce examination after implant training.
A candidate shall appear for all the papers in each examination when he/she appears for the first time. A candidate shall be considered to have appeared for the examination only if he/she has appeared for at least one paper of the examination.
The double valuation system shall be adopted for valuing answer scripts / project reports. The terms and conditions for double valuation shall be as notified by the university from time to time.
The viva-voce shall be conducted by the Board of examiners consisting of the Chairman of the B.O.E., one internal examiner and one external examiner.
If a student fails in the project report, he/she shall have to revise the resubmit the same for valuation before one week to commencement of the next viva-voce examination.
If a student fails in viva-voce, he/she shall have to appear for the next viva-voce examination.

Declaration of Results:
A candidate shall be declared to have passed PGDBI Degree examination in each semester if he/she has secured not less than 40% of the maximum marks in each paper / project report / viva-voce.
A candidate who has fulfilled his/her attendance requirements in the first semester and who has failed in the first semester can continue his/her studies in the second semester.

Classification of successful candidates:
The classification of the successful candidates at the PGDBI degree examination shall be as under.
An successful candidates who secure 70% and above of the aggregate marks of both the semesters put together shall be declared to have passed the PGDBI degree examination in First class with Distinction.
All successful candidates who secure 60% and above but less than 70% of the aggregate marks of both semesters put together shall be declared to have passed the PGDBI Degree Examination in First Class.
All successful candidates who secure 50% and above but less than 60% of the aggregate marks of both the semesters put together shall be declared to have passed the PGDBI Degree examination in SECOND CLASS.
Rest of the successful candidates who secure 40% and above but less than 50% of the aggregate marks of both the semesters put together shall be declared to have passed PGDBI Degree examination in PASS CLASS.

The candidates who have passed PGDBI Degree Examinations in First Class without grace marks in first appearance shall only be eligible for the declaration of ranks. The first five ranks shall be notified.

Improvement of Performance and Reappearance:
The candidates who have already passed both the semester examinations shall be permitted to improve their performance by appearing at the subsequent examinations in all the papers prescribed thereof without keeping fresh terms. However, improvement of performance in internal assessment project report and viva-voce shall not be allowed.
The previous performance for which the candidates seek improvement shall be deemed to have been surrendered when once the improvement of performance is obtained by such candidates.
The candidates seeking improvement shall be given only three additional chances for improvement within a period of three succeeding years after the successful completion of the entire course. Further, when a candidate once obtains an improved class that shall be treated as final.
When the syllabus is changed, the candidates reappearing either for the improvement as for a regular pass shall be allowed to appear for the examinations according to the syllabus which is ceased to be in operation in three chances within a period of three succeeding years.

Removal of Difficulties:
Any other issue not envisaged above shall be resolved by the Academic Council which shall be the final and binding.

ICICI PRUDENTIAL LIFE LINK WEALTH POLICY

About Policy :
ICICI Prudential Life Insurance Company Introduced one of the new policy. That is ICICI Life Link Wealth Policy. This policy is concerned to health insurance.

If you are purchase this policy you will forgot all worries in 1 installment or pay premium once and stay invested for a long term. This policy is completely based to Wealth Solutions.

Benefits from this policy :
Single Premium ULIP : Pay premium only once and stay invested for a long term.
Loyalty Addition : Get up to 2.5% of Fund Value, at the end of every fifth policy year, starting from the tenth policy year, if your annual premiums Rs.50,000 or above.
Protection for you and your family members : Choose between 125% or 500% of premium as the Sum Assured to suit your protection needs.
Top Up: Invest your surplus money into the policy as top-ups at your own convenience.
Tax Benefits : Avail tax benefits on the premium paid as well as any benefits received under the policy, as per the prevailing Income Tax Laws.

Policy Works :
Choose the premium amount, sum assured and portfolio strategy for your policy. After deducting the premium allocation charge, the balance amount will be invested as per the portfolio strategy of your choice. In the unfortunate event of your death during the term of the policy, your nominee will receive Sum Assured or Fund Value, whichever is higher. At maturity, the Fund Value will be paid to you as a lump sum.

Portfolio Strategies :
Your premium amount will be invested as per the portfolio strategy of your choice. You have 2 options to invest your money through this ULIP:
Trigger Portfolio strategy or Automatic Allocation.
Fixed Portfolio Strategy or Fixed Allocation.

Eligibility:
Minimum Premium is Rs.40,000, Minimum age entry is 0 and maximum is 60 years, minimum maturity age is 18 and maximum is 70 years, sum assured is 125% to 500% of single premium and policy terms are 10, 20, 30 years.

Charges under the policy :
Premium Allocation Charges
Policy Administration Charges
Fund Management Charges

Mortality Charges as per the rules.
Switching Charges as per the rules.
Miscellaneous Charges as per the rules.

Tax Benefits :
Tax benefits under the policy are subject to conditions under Section 80C and Section 10(10D) of the Income Tax Act, 1961. Service tax and education cess will be charged extra as per applicable rates.

If you are thinking about this policy to purchase note the main key words that is pay premium once and stay invested for a long time, enjoy market linked returns, life cover to ensure financial protection for your family and Avail tax benefits on premium paid. It means Kick out all your future worries in 1 premium installment and 1 policy that is ICICI’s Life Link Wealth Insurance.

If you are interest to purchase this policy please contact +91-98860-43598

BAJAJ ALLIANZ MAX ADVANTAGE INSURANCE PLAN

About Policy :
Bajaj Allianz Insurance Company Limited introduced the new policy that is Unit Linked Insurance Plan. In this policy, the investment risk in investment portfolio is borne by the policy holders.

Insurance Plan :
Bajaj Allianz Max Advantage Insurance Plan is a unique limited premium payment unit linked insurance plan (ULIP) that aims to maximise your benefits. The plan offers you an opportunity to invest in Max Gain Fund II which gives you the guarantee to encash your units at maturity at the highest unit price achieved by the fund over the 10 years term of your policy. Your investment in Max Gain fund II provides upside benefit of unit price with complete downside protection from the fall in the equity market.

Key Benefits :
The Plan offers you the key benefits of :
Highest unit price guaranteed at maturity for all the units held in the Max Gain Fund II.
Refund of 60% of total allocation charge at maturity as Guaranteed addition.
Option to select premium payment term of 5 to 7 years at inception.
Option to change the premium payment term.
Payment of an additional sum assured in case of accidental death.
Choice of 5 investment funds to invest in as per your risk appetite.
Flexibility to pay top up premium and make partial withdrawals.
Unlimited free switches in funds other than Max Gain Fund II.

Your money invested in Max Gain Fund II and Asset Allocation fund, Liquid Fund, Bond Fund, Equity index fund –II.

Death Benefits :
In case of policy holder death they shall pay the sum assured and the fund value to the nominee. The above an additional sum assured shall be payable if the cause of death is an accident.

Maturity Benefits :
On Maturity of you policy, you will receive the regular and top premium fund value under the Max Gain Fund II plus the regular and top premium fund value under all other funds plus the guaranteed addition. The regular and top premium fund value under the max gain fund II on maturity date shall be calculated at the highest unit price achieved by the fund during the term of the policy.

Guarantee :
If you have paid all due regular premiums, then at maturity we shall pay guaranteed addition to you for an amount equivalent to 60% of the total allocation charge in respect of regular premium.

Fund Value : Equal to the number of units under this policy multiplied by the respective unit price on the relevant valuation date.
Regular Premium Fund Value : Equal to the number of units pertaining to regular premium under this policy multiplied by the respective unit price on the relevant valuation date.
Top Up premium Fund Value : Is available as per rules.
Unit Price : Each fund is arrived at by dividing the net asset value of the fund by the number of units existing in the fund at the valuation date.
Discontinued policy fund : The fund maintained by the company to manage the proceeds of the discontinued policy as per the IRDA regulation 2010.
Valuation Date : Aim to Value the funds on each day the financial market are open. May value the funds less frequently in extreme circumstances, where the values of assets are too uncertain in such circumstances, we may defer the valuation of assets for up to 30 days until we feel that certainty as to the value of assets is resumed.

Flexibilities :
This plan provides you with the following flexibilities to suit your changing requirements
Option to make lump sum investment.
Switching Options.
Partial Withdrawal Options.
Premium Apportionments.
Option to change the premium paying terms.

Details of the Policy :
Minimum entry age is 8 years maximum is 60 years, minimum age of maturity is 18 and maximum is 70 years, policy terms are 10 years and premium payment terms are 5 to 7 years. Maximum Top up Premium amount is No limit, Maximum Sum Assured 10 times of annualized premium amount.

If you are unable to pay your regular premium before the expiry of the grace period then a notice will be sent to you within fifteen days after the expiry of the grace period. You can choose the options within 30 days of the receipt of such notice.
Pay all due regular premiums and revive the policy.
Discontinue the policy without any risk cover.

Revival : Revival or reinstatement of the discontinued policy is not allowed.

Days of Grace : A grace period of 30 days is allowed under the policy.

Termination Conditions :
This policy shall automatically terminate on the earlier occurrence of either of the following options :
The units in the policy are fully surrendered
Upon death of the life assured,
On maturity date,
Upon payment of discontinuance value.

Fund Access Loan :
Loan is not available under this policy plan.

Free Look Period :
As per the conditions 15 days of date of receipt of the policy.

Tax Benefits :
Premium paid are eligible for a tax benefits under section 80C and maturity benefit, death benefit and surrender value are eligible for tax benefits under section 10(10)D of the Income Tax Act subject to the provision stated therein.

If you want to purchase this policy please contact me on : +91-98860-43598.

ABOUT VRL GROUP

VIJAYANAND ROAD LINE:
ABOUT THE VRL GROUPThe Vijayanand road lines ltd is established and owned by Vijay Sankeshwar in early 1970. The company has registered under company act 1956 has with symbol of service as VRL has build and maintained goodwill in the mind of public at large in the country general and particularly in Karnataka. Vijay Karnataka Kannada daily has also filmier name along with its English counter parts i.e. “Vijay a times” in news paper industry being published by Vijayanand Printers ltd also registered under company acts 1956.
Vijayanand printers ltd are the printers and publishers of Vijay Karnataka ‘Kannada Daily, Vijay times, Sunday Vijay times, English daily and weekly respectively, ’Vijay Karnataka ‘Kannada daily is the largest selling news paper in the country with largest readership as certified by the audit bureau of circulation and national readership survey .the circulation being more than 500000 copies per day with more than 72lakhs readers reaching every book and corners of the state of Karnataka. The achievement of largest circulation with largest leadership with 9 additions in the shortest time about 5 years perhaps the first news paper to achieve the target in history of news paper in the country.
With the changing economic scenario, factors such as globalization of markets, international economic integration, and removal of barriers to business trend and increased competition have enhance the need of transportation. It is one of most important infrastructure requirement, which is essentials fir the expansion of opportunity plays an important role in making or breaking the computation.
Transportation is essential all industry, it is largely influenced by information technology and communication with the focus being a knowledge of customer need and value added service. Surface transport is provided by the road and the Indian railways (primarily for carrying low value bulk commodity, mostly for the government sectors). Cargo road transport is entirely in the hands of the private sectors. on and average 1.2 million trucks (9tonns capacity) across the country covering more than 80000 Kms of roads. In India road transportation is facilitates door-to-door delivery, overcoming unnecessary delays, which normally take place in the other modes of transportation.
Today’s the Indian customer standard of living and the level of expectation has gone up dramatically. They become world-class customer and these expect world-class service. Hence it is customer service, which is going to give the competitive edge to any industry in the future

HISTORY OF THE COMPANY
The managing director Mr. V.B.SANKASHWAR started as individual transporter in January 1976 without any background and experience. Initially for the first two years he suffered heavy losses. Then by end of 1978 due to personnel management and effective service he purchased one old lorry and he observed activities of other well-known transporters. If the industry started first parcel service from Bangalore to Hubli, Gadag and Belgaum with only two lorries, gradually the business is increased.
Similarly smut Lariat v Sankeshwar purchased one old lorry in 1979 and running individually and sometimes hiring out to Vijayanand Road Lines which was proprietary concern then.
Later, the proprietorship firm was converted into the company the company come into existence effective from 31 march 1983, due to efficient management and cooperation from the staff the turn over and business from years is the total turnover of the company. In the 2004-05 Turnover is 22,079.00 Net Profit is 388.69, in 2005-06 Turnover 24,044.00 Net Profit 390.00, in 2006-07 Turnover 26,058.00 Net Profit 392.21, in 2007-08 Turnover 28,124.00 Net Profit 394.64, in 2008-09 Turnover 29,895.00 Net Profit 396.00.

From the above figures we can say that there is steady increase in the growth of the turn over of the company. Within 25 years company has increased its turnover for 50 a great achievement of an entrepreneur from Hubli a major commercial center of the state of Karnataka. Now the company is big biggest industrial house today in north Karnataka has created employment opportunities to more than 20000 families, has been after day by day with varied actives with dedicated since and hard working staff at all levels keeping the principle of the organization always in mind. The company is engaged in goods transportation since 1976. It was incorporated under the company’s act 1983. The company has become a public limited company with effect from 1-7-1994. The company is running under the banner VRL. The company is having a wide network of branches spread all over Karnataka, Andhra Pradesh, Tamilnadu, Kerala, Rajasthan, Goa, Hariyana, Madhya Pradesh, Maharashtra and New Delhi, Punjab. In all there are 800 braches, 2000 lorries, 200 luxury and Volvo buses. The company is recommended by Indian banks association Mumbai. The companies name in view of its remarkable achievement and progress in short span of time is entered in to the LIMCA BOOK of records.

OBJECTIVES OF VRL COMPANYThe main objectives of the VRL Company is as follows;
1) Human resources development
2) The main objective is provide good service to customer with reasonable rate & Provide quick, prompt and
safe service
3) To develop the transportation business in state like Andhra Pradesh, Tamilnadu, Kerala
4) To have fixed assed mainly own godowns in big cities like Davangere, Gulbraga.
5) To have an independent office building with computers for each and every district
6) Implement of ISO 9002
7) To facilitate training for all employee big contact with C & F, big companies.
8)To compute the compotators & strive to be market leaders among Indian Transportation service interim of
profitability.
9) Productivity and innovations
10) While continuing to meet its social commitment and its premier position in Private sector
11) To built highly motivated and committed team off stop by providing a good work Culture to achieve
superior individual performance

VIJAYANAND ROADLINES PARCEL SERVICEVRL is basically a parcel courier since inception. The company has surveyed the full road market carrying leads from port to destination.

There are four sections:Booking section
Loading section
Unlading section
Delivery section

Booking section
In this section VRL plays role of mediators between consignor & consignee. The freight charged depends upon weight of goods destination point. Delivery point, Delivery condition etc. The turnover of this section is into Rs 14 to Rs 15 lakhs monthly

Loading sectionIn this location the goods are actually loaded to the different destination. Hamals load the trucks with goods in the supervision of a “loading clerks”. It also include loading during transshipment (TPT). This maintain basically 3 records:
Loading sheet
Loading bill
Trip sheet

Unloading sectionIn this section goods are unloaded after the arrival of trucks from the place of booking or transshipment. It is done by hamals in the superior of “unloading clerks: & the goods are collected at a particular place correctly OK Unloading Reports

Delivery section
In this section goods are delivered, party goods are started in the godown & after receiving relevant document goods are delivered to consignment not claimed by consignee three notice on regular interval are sent on failure to take delivery of goods by consignee the goods by consignee the goods are transferred to unclaimed goods godown & then sold in action with the notice to the consignee. The turnover of this section is up to Rs10 to Rs 11 lakhs / per month.
Door to door delivery by VRL :In this the Vrl itself takes risk to deliver the goods at the door of the consigner
Customer taking goods on his or her own: In this consignee has to come down to VRL godown % collect the consignment by himself.

VRL Branches in Karnataka:Hubli : Buses 90, Lorries 300, Tempo 150, Drivers 490, Conductors 125.
Bagalkot : Buses 25, Lorries 150, Tempo 130, Drivers 305, Conductors 30.
Bangalore : Buses 45, Lorries 200, Tempo 120, Drivers 380, Conductors 66.
Tumkur : Buses 20, Lorries 75, Tempo 60, Drivers 175, Conductors 30.
Belgaum : Buses 25, Lorries 30, Tempo 40, Drivers 120, Conductors 32.
Bellary : Buses 50, Lorries 75, Tempo 60, Drivers 175, Conductors 30.
Bijapur : Buses 22, Lorries 80, Tempo 950, Drivers 217, Conductors 48.
Dvangeri : Buses 15, Lorries 65, Tempo 52, Drivers 132, Conductors 31.
Gangavathi : Buses 12, Lorries 30, Tempo 60, Drivers 102, Conductors 25.
Harihara: Buses 10, Lorries 40, Tempo 50, Drivers 100, Conductors 22.
Gulbarga : Buses 12, Lorries 80, Tempo 52, Drivers 154, Conductors 25.
Mysore: Buses 35, Lorries 140, Tempo 38, Drivers 298, Conductors 125.
Shivmoga : Buses 16, Lorries 85, Tempo 55, Drivers 172, Conductors 35.
Mangalore : Buses 30, Lorries 48, Tempo 130, Drivers 208, Conductors 62.

Types of Buses:Volvo Bus.
Sleeper Coach
2+2 Bus

Types of Buses:
Torras
Small Lorrie
Tempo
COURIER DIVISION
In the year 1992, the company commenced its courier division .The turnover, as on 31-3-2005 is Rs 859.4 lakhs. Including express cargo service, efforts extend its service to Northern, eastern, western & southern part of the country the VRL courier division started A new service known as VRL express cargo, which meant is fast quick service within 24 To 48 hours. This VRL courier division covers nearly 138 stations in Karnataka & it also covers 62 Station in northern & 29 station / south. There are two types of courier:
Documentation
Non documentation

The rates for the documentation & non-documentation are fixed on the basis of grams & station they are as follows
Documentation: Upto 250 grams=Rs 10.00 Addition 250 +Rs 5.00=Rs 15.00.
Non documentation: In 2kg =Rs 25.00. Addition per kg +Rs 10.00=Rs 35.00.

Incase of north & south the rates are as follows
North: Documents: upto 250 grams-Rs 35.00
Addition to 250 grams +Rs 20.00=Rs55.00
South: Documents: upto 250 grams-Rs 25.00
Addition to 250 grams +Rs 15.00=Rs40.00A courier service has agents in Hubli, the % of amount given to the agents are as follows:
20 % in Karnataka
10% in outside states
The total turnover of VRL courier division will come up to 70 lakhs /month.

This courier division consists of 3 copies of waybill a follows:
Consignor’s copy: - a person who sends goods will handle this
POD copy proof of delivery.
H O copy: Head office copy, which will maintain by head office

Company policy
To give prompt & quick service
To co-operative with customers
To diversify the business allowed
To create employment

Company Achievements
The company started with a lorry & a today it has fleet of thousands of lorries.
The turnover of the company is increasing year by year
The company is recommended by the Indian bank association Mumbai.
Vijay Karnataka news paper another subsidiary of VRL is being awarded with “Audit Bureau of Circulation” certification for highest circulation

In addition to the road lines the VRL has sister concern like:Vijayanand travels
Maruti parcel couriers
Anand printers & publishers now it has been sold to TOI
Anand printers & publishers fixed &recurring deposits schemes
Vijayanand road lines fixed deposits schemes
Omkar mineral water
Textiles
The company has plane to come into aviation
Organisation Goal:Service to customer satisfaction re the key factors in today’s market as “customer is the King” hence a sixth sensei’s ability to forecaster so as to analyze the requirements of the Customers is a must
Quick & safe service
Customer satisfaction & employee satisfaction
Competitive price
Attain market leadership

AWARDSLooking into the massive growth the company the following institution has confessed to managing director of the company

UDYOG RATNA:In 1994 INSTITUTION OF ECONOMICS STUDIED, NEW DELHI has conferred the MD of the company with “UDYOG RATNA”.
SARIGE RATNAThe Bangalore city lorry-transporting agent, association has conferred MD of the company with sarige ratana in June 28th 1998.
INTERNATIONAL BIOGRAPHICS CENTER:
The international biographical center has chosen company MD to include in the Dictionary of “INTERNATIONAL BIOGRAPHICS” for hops contribution & monitories achievement in cargo transport couriers & tourism sector.

QUALITY POLICY“Vijayanand travels aspires to be the top passengers couriers by providing safe Comfortable timely & courtiers service to its passengers at competitive prices which include service to interiors areas Vijayanand travels utilizes well maintained coaches to ensure punctuality & customers satisfaction “Towards this Vijayanand travels equip & empower its employee to fully understand & satisfy passenger needs & make them feel homely & comfortable”

BUSINESS STRATEGY
The key elements of VRL business strategy are as follows:Consolidating its position in the south Indian market: -The company already has the network of the branches in south India. The Company’s focus has been inter –state (except in Karnataka). With increase in the Number of branches in each of the south Indian states the company now plans to Expand the interstate transportation in these southern states
Increase its share from the North Indian Market: Takings from the Northern Market by establishing more officers in the key stat Like Rajasthan, Harayan etc
Increase its thrust on marketing larger share from the co-operate market. The Company is in the process of sharing up its marketing function by hiring senior Level people to grow all its business (parcel, passenger & courier), with the specific focus on co-operate business & express cargo business. Share up its infrastructure through owned yards one of the key strength of VRL, its infrastructure in terms of yards all over the country. These yards enables the Company to provides attractive service in the parcel segments by distributing goods through its “hubs & spoke”.
Quality initiatives: The company has established over the years effective processes to support effective operation & internal controls .In its efforts to Improve the quality of operation the company is currently undertaking an exercise to get registered under the ISO certification.

IN HOUSE BODY BUILDING OF VEHICLE & OTHER ALLIED ACTIVITIES:
At the beginning the company was arranging the truck bodies built through others body builder located at Namakkal & Mettupalayam etc, the company has since taken up with the body building activity of their vehicle with all modern facilities. This part of our activities of their vehicle will all the heavily good vehicle & LCV’s purchased during 1996-97 are mounted with in-house body building with the view in the mind we have been processing all the raw materials such as Aluminium sheet. Iron & Steel Brass etc, required for the body building activities. There is a consideration saving by way of excise duty & central tax by virtue of these body building activities taken up on own.

GARAGE OPERATION
The repairs & maintained of all the vehicles including buses are undertaken at the centralized garage located at Varur, Hubli.The garage operations headed by Shri L.Ramanand. Bhat, Director of the company. We are maintaining stock of all etc. Required for the up keep of all the vehicle. The total stock of spar parts, type &others where with all on any given date will be order of Rs 3.50 crore.

The min recorder level depends upon the vehicle & availability of spare. This is being maintained both at garage as well as the head office. The entire garage operation & infrastructure controls has been computerized & the deficiency is to the extends of 95%.

VIJAYANAND TRAVELSIn transport industry both goods as well as passenger transport is important. After successful running of goods transport & couriers business throughout India VRL diversified their mission into the passenger transportation

It began with the fleet of only 8 buses in 1996 operating between Hubli, Bangalore & slowly started with major cities like Mumbai, Pune, Mysore, Mangalore, Gadag, Hospet, Bijapur, Kolapur, Udupi etc, At present the travels have more than 200buses operating in all over India
These are the types of buses
2+1 seaters
2+2 seaters
Sleeper coach.

The section is fully computerized, the booking of tickets is done through computer & accounts are maintained using Tally bar. Even through agents booking of tickets is done where agents get the commission .The list preference is to provide customer service at all times .The main motto is safe & quick satisfaction service to the customers.

The following are major points uniqueness of VRL service.Double drivers facilities provided for long routes to provide safety.
Onward and return ticket booking
Lady passengers are provided special facilities such as seat companion of another lady passenger or the seat kept unoccupied
24 hours customers complaints cell
Halt for refreshment, lunch at hygiene hotels
Check points to monitor vehicle movements
Relief bus in case of emergency.
Clock room facilities at selected branches
Wide network of booking offices
First to introduce hi-tech buses to remote areas
Acknowledged market leader in the travel segment in Karnataka
One of the latest growing travels organization
Offers a wide network of routes & destination.
ACCOUNTS DEPARTMENT
One of the major departments in the company. It have 5000 employee in a/c dept only. It is dept where financial activities will take place. It is fully computerized. Internet is being used for daily recording calculation. There are two sections Manual section, Computer section. The a/c dept has got much specialization because the company is in its growth phase

BOOK MAINTAINED IN A/C DEPT ARE:
Cash book
Passing the journal entries & transferring the entries into ledger
Bank reconciliation statement
Accounts of agencies & branches
Preparation of financial a/c

Drivers A/c: This a/c include the amount given to the drivers for their expenses. This maintain in accordance with the trip sheet submitted by the different dept it also include the basic salary paid HRA, DA, PF to delivers
Vehicle A/c: Here the expenditure accrued on each vehicles calculated, the cost benefit analysis is done to project the future potential of the vehicle.
Employee A/c: It includes in a/c dept the waybill will play very important role. This waybill is also called lorry receipt. There are 4 copies of waybill:
White copy
Pink copy
Green copy
Yellow copy
White copy will be with drivers, pink with consigner, green with consigner & yellow is for head office for reference all branches have to send daily report to head officer in daily delivery stock summery with the (gc) number. Head office will record all cash payments & cash receipts in daily cash statement book, Now a days sales tax is also include in waybill sales tax will be charged only the amount above 750 at 2.25%.

PERSONNEL DEPARTMENTThe company personnel department is maintained the policies and standards. It is a leading transport industry in India region has been effectively utilizing its human resources has met the planned of company the personnel department of VRL is concerned with solving the problems of employees and improving their relation with manager, its functions are planning. Recruitment, selection etc

MANPOWER PLANNING
It is the polices of the company to make all manpower allocation on the bases of projections made through the approved annual manpower plan. The company believes that ensuring optimum utilization of human resources can be achieved only by proper planning considering the development activities.

RECRUITMENTA process to discover the the sources of man power to meet the requirements of the staffing schedule and employee effective majors for attracting that manpower in adequate number to facilitate effective selection and efficient work force.

In this company personnel manager does recruitment. The company external sources of recruitment is like giving advertisements in the news papers if the requirements number of candidates for job is more that time it will go on internal that is vacancy may be transfer, upgrading and even demotion.

SELECTION: The management has to perform the function of selecting the right employees at the right time in this company the candidates are selected to the clerk or assistants jobs they will be management posts these are selected by MD the candidates lower level like hamal, watchman’s this are selected by manager personnel policy;
Candidates should be graduates and have merit knowledge like computer experience
Job should to be given to the needs

WAGE AND SALARY ADMINISTRATION
Wage and salary administration essentially the application of systematic approach to the problem of ensuring that employee are paid in a logical equitable and fair manner. In the company provide to the salary to drivers on the basis of coverage of area .who covers small distance their get fixed salary. Other employer on the basis of work. There will get HRA, DA, PF & bonus, fringe benefit etc.

EMPOLYEE AND EMPLOYER RELATIONSHIP
It is a process of an effective motivation of individuals in given situation in order to achieve a balance of objectives which will yield grater human satisfaction and help accomplished company goals
As we observed there is no trade union because of good relation between employee and employer if any conflict they are solved by the management
Apart form direct employment their has introduced a self employment scheme for local transports or agent of the company. It is estimated that more than 5000 people are benefited by the way of direct or indirect employment in the organization

WELFARE AND SAFTY MEASURES
Welfare Measures
Canteen service:The company maintains a full-fledged canteen to provide its employee. With reasonable rate and healthy food snacks, while on duty subsidized rate. The facilities opened on fixed timing on all working days Medical Treatment/ Employees injury on duty;

The ESI scheme is applicable to those covered under ESI act whose salary is below the 7500 their get ESI facility. The employee contribute 1.75 paise for per hundred and management contribute to employee 4.75 paise foe per hundred total ESI is 6.50. If employee meet with any accident during working hours they provided first aid treatment immediately and initial expenditure is borne by the company till he is shifted to the ESI hospital.

If suppose employee death during working hours their depends (wife, children) are get ESI benefit. The employee who are not covered under ESI scheme are given medical treatment in case of accident at the company premises at the expenses of the company

Employee Provident FundEvery parent employee shall be entitled & required to become members of the fund. The contribution payable by the employee shall be at the rate of percentage as applicable under provident fund act and same amount contribution by management PF department will pay the interest 9% per annum.

This is useful after the service, after seven years service the amount which is included his account .he/she utilize that amount different purpose like. Company pays PF 50 lack per month to employee.
Marriage
Purchase of site, site should be clearly in the owners they have to submitted document that should variety to submit.
Medical expense: In case of death nominee will get pension fund it benefited to family.

Gratuity scheme:
All the permanent employee is covered under gratuity scheme.
The employee is not contribute any amount the employer or management response this scheme.
Gratuity will admissible only after completion of qualifying service minimum five year service. Total number of years*salary/26 days*15

Telephone facility:The telephone calls from employee’s relative shall not be entertained unless and it is urgent call. The security department at main gate shall receive the call and note the name of the person calling and the message will be communicated to the employee.

In case of urgent message i.e. accident reasons, death etc telephone operators/security at the main gate shall note the details, name of the caller, name of the employee to whom, time of receipt of call etc and inform to the employee concerned over phone immediately

Uniforms: The Company provides two pairs of uniform and shoes to the entire garage employee.
Staff buses: The company has 35 staff buses, these helps to employee to saving time& money.

They divide according area or route wise for different places. They have fixed time according shift wise.

SWOT ANALYSISS-STRENGTH
There is study increase in the growth of their turnover
They provide good service that leads to customer satisfaction
The company is recommended by Indian books association Mumbai
The company is having wide network of branches spread all over Karnataka, Andhra Pradesh, Madhya Pradesh, Maharashtra & New Delhi
VRL courier division covers 138 station in Karnataka & 62 stations in north station in south rending better service
They have entered into tourist transport operations
The luxury bus service have been extended to Bengalore, Mumbai, Bagalkot, Mangalore & rest other part of Karnataka
They have their own in house body building of vehicles
They have a new courier service called “CARGO EXPRESS” which refers to the 24 hours of service.
The entire garage operation & account as well as infrastructure control has been computerized
The efficiency is to extend of 95%
The company did not under go any lockouts, strike etc

W-WEAKNESSThe garage operation is centralized. The repairs & maintenance of the vehicle including buses have come to Gulbarga.
There is heavy work load.

O-OPPORTUNITIES
They can extend their service to north& south station.
They can enter into hotel industry.
They can enter into international courier& cargo express service.
They can tie up with the government transport agencies.

T-THREADSCompetition can into market for leadership.

VRL is a one of the India's fastest growing company. Company have only one moto that is public relation and give them quick service and bestest service.

For More Details About VRL Please click one this Link :

https://www.facebook.com/vrllogistics.in/videos/1034745549891734/

TRI ACTIVE SOAP

TRI – Active :
One of the India’s No 1 Antibacterial products production company Piramal Healthcare. The Piramal Healthcare company introduced a new product that is TRI-Active Antibacterial Soap.

The TRI-Active Soap will fight against the Gram Positive Bacteria, Gram Negative Bacteria’s and it is secure to your skin and skin diseases.

Name of the Bacteria : Gram Positive Bacteria.
Gram Positive Bacteria : The Gram Positive Bacteria’s are born in Nature and Horticulture Soil, Playing Ground and other human’s living areas.
Disease Spreading & Symptoms : Without Washing Hand, Skin Diseases, Throat Infection, Vomiting, Food Poison and many more.

Name of the Bacteria : Gram Negative Bacteria.
Gram Positive Bacteria : The Gram Negative Bacteria’s are born in Spoiled Food and Open Food, Standing water and others.
Disease Spreading and Symptoms : Without washing hands, Skin Diseases, Typhoid, Pneumonia, Breathing Problems and many more.

Take care of your skin through this soap, long lasting effective, long lasting scent.

So please use India’s No-1 TRI-Active Anti Bacterial soap and be safe from bacteria’s. It will fight 24 hours with bacterial infections.

TATA AIG LIFE TAX YOGA POLICY

About TAX YOGA POLICY :
TATA AIG LIFE Insurance company introduced new TAX YOGA policy. If your are looking for an easier way to save a tax please buy this policy.

Tax slabas and rates are as per the income tax rules. In this policy Deductions in 80C and 80CCC Investment in specified instruments, like bank deposits with minimum term of 5 years, senior citizens scheme 2004, post office time deposit, epf, ppf, life insurance, nsc, elss and pension plans, the maximum policy premium amount is under limit of 80C and 80CCC is Rs.1,00,000/-.

In 80D, Medical Insurance Premium for self, wife, childrens and your dependents parents, the maximum premium amount is self, spouse & children benefit upto Rs.15,000/-, If senior citizen, then benefit upto Rs.20,000/-.

Gross taxable income 4.00 lkhs, upper tax is 10%,
upto 5.00 lkhs, upper tax is 20%
above 6.00 lkhs to 12.00 lkhs, upper tax is 30% taxable.

Gross taxable income means total taxable income after all deductions but before deduction under section 80C/80CCC/80D.
Calculation are for male including 3% education cess.
Considering Rs.1,00,000 investment in Life insurence and Rs.15,000 on Health Insurance.

Investment Options are below:
Under 80C:
TATA AIG Life SAMPA++1, TATA AIG Life Superstar, TATA AIG Life Assure Lifeline plans, TATA AIG Life Invest Assure II+, TATA AIG Life Invest Assure Optima plus, TATA AIG Life Raksha term insurance plan, TATA AIG Life Invest Assure Gold, TATA AIG Life Invest Assure INSTA+, TATA AIG Life Mahalife Gold, TATA AIG Life Assure Security & Growth Plan, TATA AIG Life Health Investor Policies.

Under 80CCC :
TATA AIG Life Swarna Jeevan Plus and TATA AIG Life Nirvana Plus Retirement Policy.

Under 80D :
TATA AIG Life Health Protector and TATA AIG Life Health First.

If you are interested in this policy or do you want to save the tax, purchase this policy and save as per income tax rules upto Rs.33,000/-. And please contact your nearest TATA AIG LIFE Insurance office, If you are decided to purchase this policy please call me on +91+98860-43598 (in Karnataka).

BUILDING ACOUSTICS

INTRODUCTION OF BUILDING ACOUSTICS :
DEFINITION:
The word Acoustics is generally derived from a Greek word meaning to hear, refers to generation, detection, transmission, absorption and control of sounds.

SOUND PRODUCTION AND TRANSMISSION
A sound is produced when a part of the atmosphere is compressed suddenly.
Due to elasticity of air, the particles originally disturbed in turn disturb the neighboring particles
Sound thus travels in the form of waves.
Sound cannot travel in vacuum.

SOUND CHARACTERISTICS AND EFFECT ON HEARING
There are three characteristics of audible sound
Pitch: The pitch of a sound is the frequency of its vibration .
Loudness:It is the strength of the sensation received through ear.
Tone quality:It is the characteristic of the sound which distinguishes it from another sound of same loudness & pitch.

MEASUREMENT OF SOUND
Two different units for expressing the energy of sound is employed.
The intensity of sound is expressed in decibel.
Phon is the unit used for measuring the loudness sensation in the ear.

SOUND AND VIBRATION CONTROL
Acoustical Analysis :
Determining the use of the structure-the subjective needs.
Establishing the desirable acoustical environment in each usable area.
Determining the noise and vibration sources.
Studying the location and orientation of the structure and its interior spaces with regard to noise and noise sources

Acoustical Design:
Designing shapes, volumes, areas and surfaces to accomplish what the analysis indicates.
Choosing materials, systems and constructions to achieve desired result.

REVERBERATION
Definition: The persistence of sound even after the source of sound is cutoff.

The time for which sound persist even after the source is cutoff is called the time of reverberation.

Too long a reverberation time renders the sound energy, sustained over unduly long time. It causes the over lapping of consecutive syllabus in speech or music. Reverberation time 0.50 to 1.50 seconds acoustics is Excellent, Reverberation time 1.50 to 2.00 seconds acoustics is Good, Reverberation time 2.00 to 3.00 seconds acoustics is Fairly Good, Reverberation time 3.00 to 5.00 seconds acoustics is Bad and Above 5.00 seconds time reverberation is Very bad.

SOUND ABSORPTION
The best known acoustical materials are acoustical absorbents.
These are light weight, porous, fuzzy types of boards, blankets and panels.
When a sound wave strikes a surface, a part of its energy is absorbed by friction, part of its energy is transmitted and the remaining part is reflected.
Reverberation directly depends on the loss of energy of sound wave due to friction.
The property of a surface by which sound energy is converted into another form of energy is known as Absorption.
Absorption coefficient of a surface indicates the degree to which this surface affects the absorption of sound.
It is thus the ratio of energy absorbed by the area to the energy striking the area.

SABIN’S EQUATION
T=0.16v/A
T=reverberation time in seconds
V=volume in m3
A=total absorbing power in m2

Following points are to be noted.
It should be economical in construction,maintenance,water proof and fire proof.
In a hall treated with absorbent materials,speech can be heard clearly and music can be fully enjoyed.
All absorbent materials are found to be soft and porous.
The absorbing capacity of the absorbent materials,depends on the thickness of the material,its density and frequency of sound.
Noise level of the room provided with absorbent materials is considerably reduced.
Suspended absorbers in the form of inverted cones may be provided in the ceiling to make the hall acoustically good.
Great care should be taken while selecting the covering for an absorbent material.
In a big hall, audience is a major absorbing factor. This is true in high frequency zone. Hence, low frequency absorbent materials should be provided to achieve optimum reverberation time over a wide range of frequency of sound.

Types of absorbent materials
Hairfelt: prof. Sabin used this material in his experimental works.The average value of coefficient of absorption of 25mm thick hairfelt is 0.60.

Acoustic Plaster:
This is a fibrous plaster.
It includes granulated insulation material mixed with cement.
For a thickness of 20mm acoustic plaster possess an absorbent coefficient of 0.30 at 500cycles per second

Acoustical Tiles:
The absorption of the sound is uniform from tile to tile.
They can be fixed easily and most suitable for small area.

Perforated Plywood:
This material can be used by forming composite panels with minerals wool and cement asbestos or with mineral wool and hardboard.
It is generally suspended from trusses.
The average value of coefficient of absorption for the former composite panel is 0.95 and the latter is about 0.20.

Quilts and Mats:
These are prepared from mineral wool and glass wool.
They are fixed in the form of acoustical blankets.
The absorption coefficient of such mats depends on the thickness, density and frequency of sound.

ACOUSTICS OF AUDITORIUM
The sound which is produced, should be evenly spread over the whole area covered by the audience.
The initial sound should be clear and distinct to avoid the possibility of disordered speech.
For the hall to be used for the music, the initial sound should reach the audience with the same intensity.
All undesired sound should be reduced.

Factors to be considered in the design of auditorium.
Volume: The hall should have enough volume,keeping in view the intensities of sounds likely to be developed in the hall.
For halls to be used only for music,the volume should be large.

Shape: It involves the geometrical aspects of the hall.
The paths followed by reflected sound waves are traced and concentrations of sound waves,if any are noted.
Concave walls tend to concentrate sound waves and hence not good for acoustic purposes.
Plain walls are better.
Convex walls are excellent and are used to reduce the echoes to the minimum extent.

Sound Absorption:
Adequate absorbing surfaces should be provided in the room to control reverberation.
Careful study of the hall should be made before suggesting the type of absorbent material and its location in the hall.

Defects and their remedies.
Reverberation:
This is the most common defect in many auditoriums.
The sound once created prolongs for a longer duration resulting in confusion with the sound created.
The remedy of this defect is to correct the time of reverberation by suitably installing absorbing materials.

Formation of echoes:
When the reflecting surfaces are situated at a distance greater than 15m.
This defect can be removed by selecting proper shape and by providing rough and porous interior surfaces to disperse the energy of echoes.

Sound foci:
In concave reflecting interior surfaces,certain spots are formed where reflected sound waves meet and create the sound of large intensity.
This can be eliminated by avoiding curvilinear interiors by providing absorbent materials on focusing areas.

Dead spots:
Due to high concentration of reflected sound at sound foci,there is deficiency of the reflected sound at some other points.
The sound level at the dead spots are generally inadequate for satisfactory hearing.
By the installation of suitable diffuses to have even distribution of sound.

Loudness:
Due to lack of reflecting surfaces near the source of sound and excessive absorption of sound.
Can be corrected by arranging hard reflecting surfaces near the source of sound and adjusting the absorption of the hall to provide optimum time of reverberation.

Exterior Noise:
It is due to the poor insulation and hence noise enters through loose doors and windows.
Remedy is to provide suitable insulation to the various components of the auditorium.

ACOUSTICS OF STUDIOS
Following are the points for its efficient working:
Noise level in the studio should be brought down to 20-30 db.
The echoes should be completely eliminated.
The finish on the outside surfaces of the building should be of sound reflecting material.
Partition wall and exterior walls of the studio should be sufficiently rigid to resist vibrations and to prevent resonance.
Provision of windows should be minimum to prevent the transfer of noise.
Air conditioning machinery and other equipments should be suitably insulated so that vibrations are not carried to the working chambers.
If more than one studio in the building,it is preferable to locate all of them on the same floor.
Heavy curtains may be used with advantage to control the time of reverberation in the studio.