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The Common Service Center (CSC) Scheme and the CSC Special Purpose Vehicle (SPV) Company serve different roles within the Digital India initiative. [18] The CSC Scheme is a government program aimed at providing digital access points for delivering various government and non-government services, especially in rural and remote areas.
Transfer of ownership of securities is done through simple account transfers. This method does away with all the risks and hassles normally associated with paperwork. Consequently, the cost of transacting in a depository environment is considerably lower as compared to transacting in physical certificates.
A new PAN card bearing the same PAN but updated information is issued to the applicant, in such a case. [15] PAN allotment based on Aadhaar is free of cost. A PAN PDF will be generated and issued to the applicant, and holds the same validity as a physical PAN card. The allocation date of a PAN can be checked through UTI's official website.
UTI Mutual Fund has been a pioneer in launching various schemes, such as the UTI Unit Linked Insurance Plan (ULIP) with life and accident cover (launched in 1971), UTI Master Share (launched in 1986), India's first Offshore Fund – India Fund (launched in 1986), and the UTI Wealth Builder Fund, the first of its kind in the Indian mutual fund ...
A Unique Transaction Identifier (UTI), alternatively called Unique Swap Identifier (Acronym: USI) is a globally unique identifier for individual transactions in financial markets. USIs were introduced in late 2012 in the U.S. in the context of Dodd–Frank regulation, where reporting of transactions to Trade Repositories first became mandatory.
A payment card number, primary account number (PAN), or simply a card number, is the card identifier found on payment cards, such as credit cards and debit cards, as well as stored-value cards, gift cards and other similar cards. In some situations the card number is referred to as a bank card number. The card number is primarily a card ...
There are several types of security codes and PVV (all generated from DES key in the bank in HSM modules using PAN, expiration date and service code): . The first code, 3 numbers, called CVC1 or CVV1, is encoded on track one and two of the magnetic stripe of the card and used for card present transactions, with signature (second track also contains pin verification value, PVV, but now it is ...
By allowing the integration of CSC's e-Grameen app on the ONDC network as a buyer application, Common Services Centers (CSCs), under the Ministry of Electronics and Information Technology (MEitY), have teamed with the ONDC to make e-commerce accessible to rural communities. During the initial stage, CSC will function as a buyer-side platform ...