Karnataka govt launches online registration of documents
Bengaluru, Dec 16 : The Karnataka government Friday launched a facility providing for online registration of documents aimed at making quick delivery of citizen-centric services.
Department of Stamps and Registration has developed "Kaveri Online Services" so as to make easily accessible and quick delivery of citizen-centric services such as registration and delivery of documents of sale of immovable properties, mortgage, lease, power of attorney and marriage,officials said.
They said the initiative would be a one-step solution for all registration related services.
The services were launched by Chief Minister H D Kumaraswamy in the presence of Revenue Minister R V Deshpande and Inspector General of Registrations and Commissioner of Stamps K V Thrilok Chandra at Vidhana Soudha, the state secretariat, here.
Detailing the services available, officials said Encumbrance Certificate (EC) of immovable properties and Certified Copies (CC) of registered documents can be availed online.
If the documents are required only for viewing purpose, it can be done in real time by providing details online, they said adding that citizens can also submit an online application for digitally signed (certified) copies of EC/CC which can be procured by paying the required fees online.
The online services also include property valuation and stamp duty calculator, pre-registration data entry by citizens that enables them to apply for document registration online without having to make multiple visits to Sub Registrar Office and appointment booking for registration of documents.
It also includes, helping in locating of Sub Registraroffices, marriage office, also filing of deceleration anddischarge deeds relating to agricultural loans under KarnatakaAgricultural Credit Operations and Miscellaneous ProvisionsAct, 1974, among others.
The Chief Minister also launched "Maulya" mobile app that will help citizens to find guidance value of any immovable property and online e-Stamp paper.
"The coalition government's aim is to provide citizenshassle-free government services, without wasting time. This isa step in that direction using technology," Kumaraswamy toldreporters after the launch.
Deshpande said two services - pre-registration data entry and appointment booking for registration of documents will be available from today itself at 43 Sub-Registrar offices that come under Bruhat Bengaluru Mahanagara Palike (BBMP) limits and it will be gradually extended across the state.
Rest of the services will be available across the state from today itself.
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ICICI Bank trims hike, lowers min balance requirement to Rs 15,000 from Rs 50,000
New Delhi, Aug 13 (PTI): In a U-turn, ICICI Bank has slashed the minimum monthly average balance (MAB) requirement to Rs 15,000 from Rs 50,000, citing "valuable feedback" from customers.
The minimum balance requirement for its new savings bank accounts opened on or after August 1 was recently raised five times to Rs 50,000.
"Following valuable feedback from our customers, we have revised these requirements to better reflect their expectations and preferences. We thank our customers for their continued trust and feedback, which help us serve them better," ICICI Bank posted on its website.
Similarly, the MAB for semi-urban and rural locations has been revised downwards to Rs 7,500 and Rs 2,500 respectively, it said.
Before August 1, the MAB for semi-urban and rural was Rs 5,000.
However, the bank said the revised MAB requirements are not applicable to salary accounts, senior citizens/pensioners (above 60 years), basic savings bank deposit account/PM Jandhan Yojana, and accounts for people with special needs.
They are also not applicable to savings accounts opened before July 31, 2025.
MAB is the minimum balance that a customer is required to maintain in a bank account. If the balance falls below the required amount, the bank levies a penalty.
In case account holders fail to meet the MAB, customers will be liable to pay penal charges of 6 per cent of the shortfall in required MAB, or Rs 500, whichever is lower.
The balance in the savings bank account of ICICI Bank earns an interest of 2.5 per cent per annum, it said.
The hike in MAB comes at a time when public sector banks have rationalised their penalties or completely waived them.
