All major public sector banks, including SBI, are issuing RuPay Debit Cards to all customers including those who have accounts opened under the Prdhan Mantri Jan Dhan Yojna.
RuPay cards are similar to any other cards and facilitates electronic payment at all Indian banks, ATMs, POS terminals and many e-commerce websites.
The card also comes with a high-end technology chip named EMV (Europay, Master Card and Visa) especially for high-end transactions and has an embedded micro processor circuit with information about the cardholder.
RuPay cards have a lower transaction cost and faster processing cost since processing is done within the country.
Top 10 Tax Saver Mutual Funds for 2017 - 2018
Best 10 ELSS Mutual Funds to invest in India for 2017
1. DSP BlackRock Tax Saver Fund
2. Invesco India Tax Plan
3. Tata India Tax Savings Fund
4. ICICI Prudential Long Term Equity Fund
5. Birla Sun Life Tax Relief 96
6. Franklin India TaxShield
7. Reliance Tax Saver (ELSS) Fund
8. BNP Paribas Long Term Equity Fund
9. Axis Tax Saver Fund
10. Birla Sun Life Tax Plan
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