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Friday, July 21, 2017

What is the Difference between IFSC and MICR Codes ?

What is the Difference between IFSC and MICR Codes ?

In today’s world, the monetary transactions are not just limited to a certain bank of a specific country, thus making it mandatory for each and every banking institution to do a proper verification before any kind of funds processing. In order to make this procedure quicker the banking and various financial institutions take help of some codes to automate their process and make it simpler. IFSC and MICR plays a very important role when it comes to transfer funds online. Let us have a better understanding of IFSC and MICR Codes and their importance.


IFSC CODE
IFSC (Indian Financial System Code) can be better classified as a 11 digit alpha numeric code which is issued Reserve Bank Of India. This unique code is provided to each and every branch of every bank for identification of every bank branch within India. RBI has developed various payment system applications like RTGS, NEFT and and for making all fund transactions electronic in India. All the banks using electronic payment system, are bound to use this unique IFSC code in order to identify each branch of every bank in India to make electronic fund transactions without any hassles.

MICR CODE
MICR (Magnetic Ink Character Recognition), as the name suggests is a well known character recognition technology that helps to process the cheques faster. Every branch of bank is handed over a unique MICR Code which helps RBI to identify the bank branch and expedite the clearing of cheques. If you notice, you can find a magnetic ink bar code which is printed at the bottom of the cheque of your bank as well.

IFSC Code Vs MICR Code
• IFSC code is a unique code required to initiate electronic money transfer between banks in India whereas MICR is a Magnetic Ink Recognition technology which is used to process the cheques in a faster and efficient way.

• IFSC code is alphanumeric 11 digits unique code, however MICR Code is a 9 digit unique numeric code.

Thursday, July 20, 2017

Tips to Buy Good Used Shipping Container

Tips to Buy Good Used Shipping Container

Are you looking to buy used container for shipping? Such shipping containers are very expensive. This is one of the reasons why small-scale companies look for the second-hand containers. It is also very easy to buy the used containers. There are many such sellers worldwide who can help you with the used shipping containers. You can also enquire about the container online. As it is a very big product you need to take some time and research well before you start looking for the options. Right from storing and transporting edible goods, to shipment of oil and hazardous products, you need high quality shipping containers for your large-scale shipment. These containers are made of different types of materials, like wood, steel, iron, aluminum and plastic and depending on the requirement and the price, you can choose the container. 

Here are few very important tips you need to follow which can help you select the best  shipping container:

Requirement - The first thing you need to understand and make it clear is your requirements. The most important question is how long you need the container? If you are planning to just use it for few months then it is better than you rent or lease them. As these both options are the most convenient options. On the other hand, if you want to use the container for a long period which can be more than a year it is recommended that you buy a used container.

Condition - This is probably the most important thing you have to look. You do not want to buy a shipping container which in a bad state and invest your money for a wrong one. It is always good that you inspect the container well before you buy any. You need to make sure that there are no structural damages such as rust and leakage. The container should be rust free and waterproof. This is because fixing the damages can be very costly which can be a very difficult thing to deal with after your purchase. If you choose a wooden container, you must make sure that you do not go for shipments that can spill out very easily.

Warranty - It is very important that you ask for the warranties before you make a deal. Most of the large suppliers and the manufacturers provide with the warranty. If you are planning to keep your containers outdoors in an unsupervised zone, then it is better you make it clear about the warranties.



Size - There is a wide range of sizes of the shipping containers. If you are not fully sure about the usages then it can be a difficult task to choose the right size. The containers come in various different width, length, and height. It is always good that you go for the one slightly larger ones. This is because when you have some extra space inside the container it is easy for loading and unloading things. So it is better to invest in a larger one that buying another for future needs.

Modifications –If you are planning to do some structural modifications after buying the container better plan them before you buy.  You need to buy the container according to the modifications you want to make and the cost involved. There are transportation rules and regulations that vary from one country to another, and from one geographical border to another. Depending on the requirement of the storage containers, and on the duration for which you need to hire them, you can make necessary modifications. 

long These are some very important factors that you must consider when you are buying a shipping container. These tips can help you to make the right purchase which can meet your requirements and fits your budget.

Wednesday, July 19, 2017

Want to up your selfie game? Have a look at the best selfie phones!

Want to up your selfie game? Have a look at the best selfie phones!

Selfies are the new ‘in’ thing which are trending since a couple of years. Earlier, even the best of the phones was packed only with a primary back camera. But with selfie craze trending, front cameras came into the picture, and within no time, every Smartphone brand launched their latest device with best of front cameras.  
For a classic selfie, the device must get the best camera that can offer an effective resolution. There are some devices in the market that can help the user to have a quality resolution. For the selfie, the front camera needs to be of high-quality. Those who love to have quality images and selfies must check some of the best of the quality devices in the market. The budget and other features must also be taken into account while choosing a device. There are some of the famous brands that offer a device with anamazing camera.
If you are looking to grab your hands on an amazing selfie camera, have a look at the best selfie phones of 2017:

Nokia 6

This latest device from the house of Nokia offers an 8 MP front camera which enables in clicking amazing selfies. However, the device does not offer front flash. Among the other features, one can find a whopping 16MP rear camera with dual tone LED flash and a 3000 mAh non-removable battery. From the performance aspect, the device is packed with 1.4 GHz processor along with Snapdragon 430 chipset and an average 3GB RAM. It is available with 5.5 inches IPS LCD full HD display with 401 pixels per inch. One can buy Nokia 6 at Rs.14999. The famous brand has this device in the medium price range, and it is also known for its effective front camera quality. 

Xiaomi Redmi Note 5

Xiaomi is one the remarkable brands which is offering finest of phones since it launched in India. Xiaomi is also one of the brands that offer amazing camera especially selfie camera. The Redmi note 5 is packed with 8 MP front camera which is best in class. Among the other features, one can find 16 MP rear camera with dual tone LED flash. It offers a powerful battery with 4000 mAh which is known for quick charging. Look wise the device flaunts an average 5.5 IPS LCD full HD display with 401 ppl. Performance wise the device is equipped with Octa core 1.8 GHz, Quad core + 1.4 GHz, Quad core processor along with Snapdragon 625 chipset and a decent 4GB RAM.The device can be bought at Rs.12990. It is one more device from the Chinese giant that offers an amazing front camera for the selfie lovers. The brand has many other models also that can be checked before buying any other device than that of this brand. 

Nokia Edge

If you have a slightly high budget, Nokia Edge is the selfie device for you! The phone offers a whopping 13MP front camera which is best in class. It comes with an amazing 23MP rear camera with LED flash. However, the display and battery is average for Nokia Edge. It has got the screen with 5.2 inches and IPS full HD screen along with an average 3600 mAh battery. Performance wise the device is equipped with an Octa core 2GHz processor along with MediaTek MT6755 chipset and a 3GB RAM. You can own the device at Rs.19990. The device falls into the higher medium price segment, and hence one can get a quality device with a stunning resolution of front camera that can be much useful in capturing quality selfies. 

OnePlus5

OnePlus 5 was one of the most coveted phones of the year, and it has stood true to all the expectations around it. This model is also known as one of the best selfie phones as it offers a 16MP front camera which enables in clicking amazing selfies and capturing HD videos. The device comes with a more amazing primary camera with 16MP +20 MP. It is packed with 3300 mAh battery along with 5.5.-inch optic AMOLED full HD screen. Performance wise the device is packed with Octa-core 2.45 GHz, Quad core + 1.9 GHz, Quad core. It offers an amazing 8GB RAM which is best in class. The device can be bought at Rs. 37999. This quality device is known for its camera features. However, the device falls into the premium category, and hence one needs to check the same with other devices in the same range also.

Samsung Galaxy J7 Max

The Samsung Galaxy J7 Max is yet another device of 2017 which offers an amazing camera. The device is packed with 13MP primary and front camera. The 13MP front camera is commendable at the given price range. Performance wise the device is packed with Octa Core 1.6 GHz processor and MediaTek MT6757 chipset along with a 4GB RAM. Display wise the device wins with a 5.7-inch IPS LCD full HD camera with 386 ppi which is average in the segment. The device is powered by a fairly good battery with 3300 mAh. The device can be bought at Rs.17890. It is a device that falls into the category of medium price, and hence in this category, one can hardly get any better device that can have quality selfies. 

Vivo V5

Vivo is yet another device with an impeccable front camera. The device comes with a 20MP front camera. This is one of the rare devices where the front camera is more powerful than the rear one. It has got a 13MP primary camera with LED flash. It flaunts 5.5-inch IPS LCD HD screen with 267 ppl. It comes with 3000 mAh battery and 4GB RAM along with Oct acre 1.5 GHz processor and MediaTek MT6750. Vivo V5 can be bought at Rs.15499. It is also one more effective device known for its quality selfies. 
These are some of the devices from known brands available in the market that can be opted by a user who loves to have quality selfies.