The Singapore Deposit Insurance Corporation (SDIC) is the statutory body established by the Singapore government to protect deposits made by customers with financial institutions in Singapore. SDIC provides deposit insurance coverage to all banks, merchant banks, finance companies and insurers who are approved by the Monetary Authority of Singapore to accept deposits from customers, up to a limit of S$75,000 per depositor per institution. These deposits may include all types of deposits, including savings accounts, fixed deposits, current accounts and time deposits.
1. Visit your local HDFC Bank branch and get the required paperwork.
2. Fill out the deposit slip with your contact information and other required details.
3. Submit the deposit slip along with two valid forms of photo ID, such as a PAN card or an Aadhaar card.
4. Provide a minimum deposit or the amount required to open the savings account.
5. Indicate the purpose of opening the account, such as salary account, savings account, etc.
6. Provide your signature in the signature panel in the deposit slip form.
7. The bank will then create an account number and provide you with a welcome kit containing your ATM/debit card, passbook, and cheque book.
8. You can then use the provided ATM/debit card and passbook to access your savings account.
Starting a kiosk cart business in malls requires several steps.
1. Research: Research your idea and potential customer base at the mall you plan to set up shop. You will also want to research the various laws and regulations in your area related to the operation of a kiosk cart business.
2. Obtain necessary permits: Depending on the type of business you plan to run out of your kiosk cart, you may need to obtain licenses and permits.
3. Select the right location: Carefully select the location of your kiosk cart. Consider factors such as foot traffic, visibility, and other similar kiosk carts in the mall.
4. Develop a business plan: Create a business plan that outlines all aspects of your business, including the products and services you plan to offer, pricing, market analysis, and forecasted revenue.
5. Acquire your kiosk cart: Shop around for the perfect kiosk cart in both size and design to match your business needs and budget.
6. Purchase supplies: Buy all the necessary supplies for your kiosk cart such as display cases, signage, lighting, and other items.
7. Market your business: Generate awareness and interest in your kiosk cart business through advertising, promotional materials, and special events.
8. Train your employees: Make sure your employees are knowledgeable and well-trained in the products and services you offer. Provide them with excellent customer service.
Good luck with your new kiosk cart business!