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Month: September 2022

Easy Ways to Get Transcript Online from India

Easy Ways to Get Transcript Online from India

A transcript is a consolidated mark sheet or scorecard that the university issues when requested. It is actually recognised as authentic proof of an individual’s academic history. The registrar of the university issues it with an enclosing official letter, which is written on the paper of his letterhead.

The registrar does not provide it unless the applicant requests it. Mostly, students and employees seek it for showing their academic proof. This is mainly the case of non-residents or NRIs who are likely to be admitted in a foreign university or get employed abroad.

This service is not free. It’s payable, which means you have to pay the fee before.

Simply put, NRI students must have it to take admission to a desirable varsity.

Step-by-Step Process of Getting Transcript Anywhere

Is there any difference between a “transcript of records” and a “transcript certificate”?

These are just two different names of a common document, which is a transcript. Also known as a mark sheet of three or four years, it carries all scores that a student has secured during his academic years for a degree course.

These days, semester-wise courses are popular. So, it can have the same format, which displays all marks per semester together in a sheet.

This document may be called a scorecard, mark sheet, or mark sheet in India. In the USA, people call it a Cumulative Record File or CRF.  So, don’t be confused with its different names.

Purpose to Have a Transcript

It is evidence of your authentic degree course that you have done from a particular university. You may get it after graduation or post-graduation –whatever your degree course is.

Migrant students often require continuing their studies in any other state or country. The new university requires proof of your academic journey. This consolidated transcript of records proves it all.

In almost all cases, it is available in the English language. However, there may be the case of this transcript issued in a regional language. In that condition, you need to have a translated copy of that sheet.

The number of copies may be multiple, which your next university seeks. Get prior information about it and then, apply to get your transcript from India.

How Can You Recognise an Unofficial Transcript?

An official document carries a sequential list of academic records. An official stamp of the university and seal indicate that it’s an authentic paper, which is an official transcript. This is further verified and signed by the dean/registrar of the college. Later on, you can get it in a sealed envelope.

All of these are signs of an officially authentic transcript.

It also shows your name and other particulars like address, and date of birth. In case of avoiding any mistake in your details, you should enclose your Aadhar Card, PAN Card, or address proof to avoid delays in being rejected.

In case your transcript’s envelope is open and has no seal or sign of your college registrar, it is an unofficial document. So, avoid such agents who charge but avail fake documents. It won’t do any good, but add a delay in getting that academic proof.

How Can You Get it Online?

There are two ways. One is to apply yourself by visiting your college and face off all hassles by yourself.

Another way is an online method.

You may request Services2NRI for a transcript by following these steps:

  • Sign up with services2NRI.com
  • Then, sign in using your credentials.
  • Send a request through a message in the inquiry box.
  • Click send.

Or, you may directly contact the given numbers for quickening the procedure.

Directly Request to University

For this purpose, you have to discover the official website of your college.

  • Sign up.
  • Sign in to download the form for a transcript.
  • Download a self-declaration form, a challan copy, and an application form.
  • Fill them out, and also upload all scanned copies of the requested documents.
  • Your request will be processed within a few days.

What Details Does a University Check During Admission?

If you are an NRI & received it through a courier, the visa or immigration department receives a sealed envelope. The unsealed envelope is not acceptable at the immigration office. So, keep it intact and sealed till an appointment with the visa officer.

There is a benefit to getting it directly from the university. You may check if all documents have accurate details. Once satisfied, you may go ahead with it.

Processing Time

The university’s rules and regulations define how many days it takes to deliver the transcript. Generally, it is delivered in 60 days. However, these days may be lesser.

Top Trends of Wealth Management in India, 2022

Top Trends of Wealth Management in India, 2022

Wealth Management

With Adani and Ambanis, now more Indians are joining the millionaires club. It also necessitates wealth management, which is steadily trending in India. What earnings, revenues, and savings people possess, they want to effectively manage them. This is where wealth management emerges in a key role.

It is actually pieces of advice or assistance to NRIs, investors, or interested people who want their wealth or finances to be managed by professionals. With these wealth management services, people hope for growth and legitimate safety of their funds or assets.

Mature Investors

Nearly 80% of households are likely to be middle income groups by 2030, which is way more than 50% in 2019. If you consider the net worth individual population, it is likely to be 75% up in 2025, which is 6.11 lakhs.

These statistics show the maturity of the Indian economy, where investors are more logical thinkers and focused.  They need worthy advice to park their hard-earned money in a safe alternative that can ensure consistent returns or income over time.

Here are the top trends that can help in managing their wealth properly.

Top Trends of Wealth Management that Will Rule in 2022

Because of digital innovations, the transformation is seen in wealth management firms. They are now closer to grabbing n number of opportunities.

Here are the top trending wealth management practices in India that you should follow.

  • Digital Connectivity

The new approach of preferring digital-first is in these days. The new generation of Gen Z and millennial investors expect digital connections. This is simply because of the seamless and 24/7 engagement. They can chat, talk, or call on face time, WhatsApp or Zoom with financial advisors. Above that, these talks take place in real time, which ensures accessibility to portfolio data and investment possibilities. Now, establishing a relationship and building the loyalty of people of these demographics are easier. They can come across the need for tailored solutions, which can be provided accordingly.

  • Hybrid Wealth Management

Hybrid stands for the mix of legacy and modern systems. The significance of human connections or personal relationships is a legacy. And, the power of modern digital solutions, such as AI tools or applications and self-service investment applications can never be neglected. By blending this physical connectivity with seamless digital experience, wealth managers are consistently maintaining empathy, transparency, convenience, and faster experiences.  Digital tools and automated processes have scaled productivity and sped up the response rate.

  • Alternative Asset Classes Are Popular

NRIs and investors are now searching for non-traditional investment opportunities. They can be passive investment options, equity buying of unlisted companies, private equity investing, non-fungible tokens (NFTs), carbon credits, etc. Moreover, people are now more interested in investing in ESG funds. This is simply because young investors are more concerned about social and environmental factors. They are active and agile while looking for investment opportunities that can provide true value.

  • Strict Regulatory Laws for Advisors

The apex regulator in India called the Securities and Exchange Board (SEBI) is now closely monitoring and regulating wealth these days. They are also focusing on the advisory fee models, data security, and privacy practices that these firms follow. The introduction of Artificial Intelligence (AI) /Machine Learning (ML), cryptocurrencies, and ESG funds has pushed an alarm because they can easily attract scams. Besides, taxes are skyrocketing. So, advisory firms require proactive solutions, regulations, policies, and strenuous compliance to ensure security.

  • Smartly Save

India is where people believe in saving. Around  95% of India’s household wealth has been in the form of real estate, gold, jewelry, and fund savings. They are aware of the fact that an overly deposited wealth in non-financial assets can cost loss at the time of inflation. This is why they prefer a balanced approach. They invest in where they predict better returns from the liquidity of that asset. So, this legacy approach will be trending as always.

  • Holistic Financial Plans

The advanced generation of investors is firmer and more ethical also. They know what they expect in life and how to achieve it. Simply put, they find more holistic investment alternatives, which can support their life and also help in welfare. This is why CSR investment, investment in retirement plans, estate planning, and social welfare investment would be a big trend this year.

  • Personalised Experience

Investors are no longer happy with solutions that offer one-size-fits-all. They want more bespoke and relevant offerings that they decide in accordance with their needs. It is applicable to all types of investment options, marketing emails, and customer support. They want customized solutions, which can be recognised through a personalised experience. So, it’ll be trending this year.

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