2 A chip plus PIN card has a chip embedded in the card that holds encrypted information about the card and transactions.
3 A PIN is provided as a second measure authentication for authorising the use of the credit card.
4 When a chip-based card is used at the point of sale terminal, the terminal reads the encrypted information on the card and prompts for a PIN. The transaction processed only if the PIN is entered correctly.
5 A chip plus PIN card offers protection against counterfeiting and prevents lost and stolen card frauds.
Top 10 Tax Saver Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
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