Virtual Card





1 A Virtual Card is a one-time use online card (no physical existence) that can be used only for online transactions or payments.

2 Anyone with Internet banking facility with transaction rights or a valid debit or credit card can create a Virtual Card.

3 Virtual Cards are valid for a maximum of 48 hours or till the transaction is completed, whichever is earlier.

4 Either the unutilised amount is credited back to the account after the time limit expires or the amount is debited only when the purchase is completed successfully.

5 It protects the user from card related frauds as the primary card or account details are not communicated to the merchant.

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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

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. Religare Tax Plan

4. DSP BlackRock Tax Saver Fund

5. Franklin India TaxShield

6. ICICI Prudential Long Term Equity Fund

7. IDFC Tax Advantage (ELSS) Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. Birla Sun Life Tax Plan

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