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Looking for car-two-wheeler loans, ICICI providing customers letters instantly

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ICICI Bank, Insta Auto Loan, Car loan, Two wheeler loan, Industrial Credit and Investment Corporation of India, Private Bank, Customer care, Business news

ICICI Bank, Insta Auto Loan, Car loan, Two wheeler loan, Industrial Credit and Investment Corporation of India, Private Bank, Customer care, Business news

New Delhi: India’s leading private sector lender ICICI Bank on today announced the launch of insta car and two-wheeler loans that will provide existing customers final sanction letters instantly.

 

ICICI Bank, Insta Auto Loan, Car loan, Two wheeler loan, Industrial Credit and Investment Corporation of India, Private Bank, Customer care, Business news

 

The first service, called ‘Insta Auto Loan’, enables over two million pre-approved customers to avail the final sanction letter of a car loan instantly and digitally up to Rs 20 lakh for a tenure of up to seven years, ICICI Bank said in a statement.

The second initiative, named ‘Insta Two-Wheeler Loan’, offers over 12 million pre-approved customers the facility to get instant sanction of loan up to Rs 2 lakh for a tenure of up to three years, it said.

 

Want loans for ‘Car-two-wheeler’, good news for customers as ICICI giving letters:

 

Both the plans will offer 100 per cent of the on-road price of vehicle, it added.

“Armed with the sanction letter, which is valid for 15 days, the customer can simply visit his/her preferred vehicle dealer across the country, select the vehicle, submit final documents and get the loan disbursed in a few working hours. This is a marked improvement over the current average of few days that a customer needs to complete the entire process,” it said.

 

ICICI Bank, Insta Auto Loan, Car loan, Two wheeler loan, Industrial Credit and Investment Corporation of India, Private Bank, Customer care, Business news

 

Leveraging upon data analytics and technology, the bank has introduced a bouquet of instant products, including the country’s first instant credit card, insta personal loan, instant digital credit called PayLater, insta overdraft facility for MSMEs, instant opening of Public Provident Fund account facility, among others, the bank said.

 

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TRAI recommends that shifting from 10-digit to 11-digit numbering scheme,Then everyone’s mobile number in India will change

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TRAI recommends that shifting from 10-digit to 11-digit numbering scheme in case of mobile numbers. The regulator says that this new change will add a total capacity of 10 billion numbers.

TRAI, ( Telecom Regulatory Authority of India), on Friday released its latest recommendations to develop a ‘Unified Numbering Plan’ to ensure adequate number of resources for fixed lines aka landlines and mobile services in the country. This will cause the current phone number to change – the current mobile numbers will need to be applied “0” to dial from the fixed line connection. The regulator said in a statement that these recommendations are based on input from various stakeholders and discussions during the Open House Discussion (OHD). Of all the points encountered in the recommendations, one of the main points is to switch the digits from 10 to 11 in the case of regular mobile numbers. This means zero will be added next to the existing mobile number. However, new phone numbers may start with different digits.

Here,The recommendations are going to be shared, which can change the existing numbering system for both fixed line and mobile service.

  1. To call mobile numbers with a fixed line connection, it is mandatory to put “0” before the number. Please tell that it is not necessary to dial “0” to call a mobile number from a fixed line phone. According to the new recommendation, just as you dial an inter-service area mobile call from a fixed line phone, you must prefix the “0” to call the mobile phone within the service area as well.
  2. Shifting from 10-digit to 11-digit numbering scheme in case of mobile numbers – Another major recommendation by TRAI is to switch from 10 to 11 digits for mobile numbers, with the first digit being “9”. The regulator says that this new change will add a total capacity of 10 billion numbers.
  3. The number of mobile numbers distributed for the dongle should be converted to 13 digits – Like the numbers associated with our mobile phones, various devices such as dongles and data cards currently have a 10-digit numbering system. Now the new recommendation states that such devices should be increased from the current 10-digit to 13-digit.
  4. Moving fixed line numbers to sub-levels of “2” or “4” – Some operators had some time ago issued landline connections to numbers starting with “3”, “5” and “6”, which are now Not in service. TRAI recommends taking these closed connections to sub-levels of “2” or “4”. This will allow mobile operators to use these closed connection numbers for future mobile phone connections.
  5. All fixed line connections must come with the “0” dialing feature – currently, fixed line users who have opted for Subscriber Trunk Dialing (STD) are only given the “0” dialing feature. However, TRAI recommends allowing all fixed line customers to use the “0” dialing facility. This is necessary because mobile numbers will be required to dial from landline numbers with a “0” prefix.
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