Quikrupee, Online Financial Platform

Chennai, the capital of Tamil Nadu is one of the metropolitan cities In India and one of the biggest social, cultural, educational and industrial centers in south India. Chennai is popularly named as “The Detroit of India”, with more than one-third of India’s automobile industry is located in Chennai. Chennai is considered to be safe due to all physical and environmental conditions, enabling attraction of many foreign investments in various sectors of business. Chennai is highly suitable for living with all infrastructure & various resources in all aspects of its inhabitants. It is one of the highly populated cities in India. Entrepreneurs and businessmen find this place to be ideal for their business growth and development. Chennai and Businessmen Chennai is inhabited by people from almost all parts of the country and also regularly visited by people from foreign countries. The tourist spots and climatic conditions attract many foreigners to visit the city. The secret of any...

Overview: Every business people at some point in time face a critical financial problem due to the current shortage of working capital to run their business. Entrepreneurs become exhausted in searching for money to continue their business without any loss in production. In order to solve the sudden shortage of money, banks help business people a running credit limit, called as cash credit, popularly known as CC. Cash credit account is normally like a current account which is used by the business people to meet their sudden financial crises. What is Cash credit? Let us consider an example how cash credit helps business people, for that let us consider a factory where the business owner invest money to buy raw materials these raw materials are then converted into finished goods. The intermediary goods are called as work-in-progress. The raw materials, work-in-progress and finished goods together constitute inventories. The business owner’s fund invested as inventories does n...

Doctor and their Profession: Any Profession which serves the people is a great profession and doctors play a major role in it. Doctor profession is adorable and most respectable. This profession saves the life of people, and helps people in times of physical grievances. They are considered next to god where they play important role in society.  Although it is a noble profession, it has various challenges and problems in it. To become successful and reputed in this profession is a great task for the doctors. Doctors may be self-employed setting up their own clinic or may be working as a salaried person in a hospital. Finance is a great source and essential medium anyone to excel in their profession. It plays a major role in businesses to take forward their business to next level. Financial requirement of Doctors: Financial requirement may differ from doctor to doctor whether they are salaried or self-employed. The requirements include ·      ...

Overview: Every business people struggles at one point in moving forward in their business is due to financial crises. Financing is required for their daily expenses and meeting daily business requirements. Although short-term business loans are available, businessmen face hassles to get loans at the desired time. These business loans cannot be availed as a standby option, in times of need. Here comes overdraft - a boon to business people. What is Overdraft? Bank  Overdraft is a credit facility given to an individual against his or her  assets  as collateral with banks. Overdraft allows you to draw against your own account, a fixed amount beyond the available bank balance.  As a collateral, one can offer house, insurance policies,  bank fixed deposits ,  securities  etc to banks. Interest rates on overdraft sanctioned by banks vary from customer to customer.  The interest is charged according to the amount drawn from...

Overview Becoming a self-employed businessman is a great reputation in the society but the problems faced by the entrepreneurs from the day one of the business is enormous. It is a great challenge for a person to overcome all obstacles to become a successful businessman. The numero uno problem faced by all is finance. Even great entrepreneurs of various industries have struggled a lot of financial crisis for setting up their business and to run their daily business operations. Thus finance plays a major role in the life of business people. Great ideas require the necessary financial support to bloom into a successful business. Introduction There are various sources for business people to raise capital for their business. The most trusted source is from banks. There are various reasons why people choose banks as the best source for raising capital for their business. Banks provide a lower cost of funds in the form of Business Loans . There are various types of business loans at ...