5 Practical Tips To Boost Public Speaking Skills

At some point in our careers, we give presentations and speeches. Although these are fun experiences, the thought of it is jarring for many. The reason is the fear of judgment, cultural differences, and anxiety. These prevent us from channeling our inner speaker. But surprisingly, it is simple to overcome these hurdles. By implementing a few practical strategies, you master the art of public speaking. Want to know more? Consider the following tips:

1.Identify your audience

Before taking on the stage, spend time assessing your audience. Does it include youngsters or older adults? Or is it a mix of both? Ask yourself such relevant questions. It may seem obvious, but this practice is essential. Once you have your answers, read your script carefully. Make changes if need be. Doing so helps you be mindful and respectful of your audience. It also enables you to connect with them better.

2.Reanalyze your material

We all want to appear prim and proper while public speaking. But in the pursuit of achieving perfection, many fake their material. They add elements to their script that are not authentic to their true selves. While this may deceive them, it simply does not deceive the audience.  Hence, reanalyze your material beforehand. Consider adding points that bring out your individualistic style. Also, build on examples and anecdotes to increase your relatability quotient.

3.Try public speaking programs

To improve your public speaking skills from a professional viewpoint, consider this. Nowadays, you easily find comprehensive training programs online. They educate you on speech training, executive presentation training, informative listening, etc. Since these programs are available online, they also serve as highly convenient alternatives. Dedicating a few hours every day helps you immensely in the long run.

4.Practice your tone

While public speaking in front of the audience, you should be loud and audible. But that does not mean you need to yell. Doing so drives your audience away. Therefore, practice your tone and pitch. If possible, visit the auditorium or wherever you can give the speech beforehand. If it is a smaller space, lower your pitch. If it is a larger one, higher your pitch accordingly.

5.Mind your body language

When it comes to your body language, try finding a sweet spot. You want your audience to take you seriously yet feel comfortable around you. So, practice your stance and maintain a good posture.

Why Do Celebrities Opt For Speech Training?

The way we talk to others speaks volumes about us. It perfectly showcases our confidence and conviction in what we say. But this amplifies when you are a celebrity. You must convey important messages to a vast audience. In this case, it becomes highly crucial to refine your speaking skills.

Thus, many celebrities and prominent figures consider speech training. It is a comprehensive program that focuses on your presentation and speaking skills. It provides you with strategic tools and tricks that guide you in every public speaking venture. Here are some ways:

1. Empowers to overcome fear

People shy away from public speaking due to fear of judgment. They worry that others might dislike them or the way they speak. This constant angst ultimately manifests into stage fright. Considering this, a speech training program targets your deep-rooted fears. It formulates practical tasks and activities that alleviate your anxieties. This way, you become more confident and less hesitant.

2. Enhances enunciation

This is a highly essential element of public speaking. It determines how clearly you say and pronounce each word. It also dictates the overall appeal of your speech or presentation. For instance, while giving a speech, you struggle to pronounce words or articulate yourself correctly. In this case, the audience feels a disconnect. You fail to hold their attention.

Precisely why speech programs target your enunciation capabilities. They guide on how to speak clearly and concisely.

3. Individualistic style

The key to holding the audience’s attention is your individualistic style. You want people to remember the way and what you spoke. You also want them to distinguish you from other speakers. This is when speech training programs come in handy. With the help strategic communications consultant, you get guidance on channeling your distinctive style. You also get access to tips to enhance your charm. As a result, you put your best foot forward.

4. Serves as a platform to practice

They say practice makes perfect, and rightfully so. It immensely helps in mastering any skill. Therefore, speech training programs provide a platform to refine your public speaking skills. They conduct numerous fun activities that enable you to improve your speech and presentation. Over time, you have enough practice and experience to face an audience.

5. Provides valuable insight

Understanding the psyche of the audience is essential. These programs provide valuable insights into it. They offer practical strategies that assert your presence.

What Is The Process To Open A Bank Account In India?

Funds are a saviour in every life, like emergencies, as they solve most of your problems by making you financially stable and independent. You escape the burden of borrowing money from relatives and landing in debt owing to low repayment capacity. Save money today for a brighter and more secure future.

Banks encourage customers and citizens to open a Saving Bank Account to store funds and access them anytime. You benefit from the interest on the idle funds in the account and flexible usage. You also invest in other banking products like Mutual Funds, Deposits, and government schemes for earning higher returns.

Procedure

Digital technology overtook manual processes, thus reducing frequent visits to the bank for minor tasks, such as fund transfers or checking account balances. Now, operate your finances with a few taps or clicks on your smartphones and PCs. Follow these steps:

Visit the app

For an online Saving Account opening, you need access to the Banking app or the bank portal. Enter your mobile number, upload the documents, and fill out the application form to initiate the process. Likewise, you escape frequent visits to the bank and the complicated paperwork involved.

Documents required

Regardless of which method you choose, provide certain documents as proof while opening the account. These include your Aadhaar card, passport, driving license, PAN card, Form 16 (if no PAN card), and two passport-sized photographs.

Video KYC

For an online Bank Account, own a camera and audio enabled device. Once they notify you of your KYC process appointment details, ensure that the documents are in the digital form or available on DigiLocker. You receive a video call link on your phone or email from an executive conducting the KYC. Answer basic details such as your name, birth date, Aadhaar details, etc. The executive captures your live photo and scans the KYC documents.

Bank documents delivery

The Welcome Kit sent to the customer is enclosed with a welcome letter, cheque book, and other details. You can open a joint account with the bank where both account holders receive the respective documents for individual operations. Download the app for ease of access.

Access full banking features

You are a few clicks away from conducting high-value transactions with Digital Banking. Whether you wish to check your account balances or the latest transaction statements, do it by logging in. Initiate fund transfers to payees in India and abroad and avail preferential currency rates on international fund transfers.

Conclusion

Technology and banking have progressed. With the rise in smartphone users, everyone relies on apps for completing transactions. It is a clever move, slowly gaining the customers’ trust in India. 

How To Earn Higher Savings Account Interest Rates?

It is essential to have financial stability in today’s world. Seeing the rise in prices and the cost of living, each person should have the income to meet them and fulfil their desires. Nothing is available for free, and every vendor requires something in exchange for what they sell to customers. Money is the primary element necessary to meet your expenses and fulfil your aspirations.

A Savings Account provides safety and much-needed liquidity for our funds. It is a famous low-return option to park your money. However, increase the income from your account deposit by following these tips:

Higher interest rates online

Many Online Banking platforms and financial institutions provide decent interest rates. If you find a credible one offering them, you invest there to earn extra interest income. But ensure that the maintenance or other additional charges do not wipe off any savings you make. Explore online for better returns.

Idle fund utilisation

You benefit from the sweep-in and sweep-out facilities in your online Bank Account to generate higher interest income from idle funds. Your surplus funds get swept out to a Fixed Deposit income, automatically yielding a higher return rate. Sweep the money into your Bank Account if you need cash urgently.

Criteria-based accounts

Check with your banker for a higher return on some Savings Accounts with specific criteria like a higher minimum balance, a specific number of Debit Card transactions, etc. Open a high-yield Internet Banking Account if you find such criteria acceptable.

Demography-based accounts

Most banks have specific accounts for children, youth, senior citizens, etc., offering a higher interest rate than regular ones. If you have a kid, open a Bank Account on the Banking app, deposit money there, and enjoy higher returns.

Regular interest credits

Your banker provides monthly interest credits on your Bank Account. If you maintain a decent balance, use your monthly interest credit for other investment purposes. Digital technology has transformed the banking scenario. For instance, open a SIP and deposit the interest income each month using M Banking.

Certificates of Deposit

Use your funds for investing in Certificates of Deposit, like Fixed Deposits. In India, scheduled commercial banks and other institutes are eligible for issuing CDs with a tenure of three months to a year. Reinvest the matured CD to continue earning higher interest than a Savings Bank Account. 

Conclusion

You earn a higher interest income while enjoying the Bank Account benefits by following these tips. Share Market Investments are also possible with idle funds. While your income increases, your funds remain liquid and ready for use.

What Are Different Savings Accounts Offered?

The Indian population is vast and diverse. They have varying needs and financial capacities. Your lifestyle and choices are different from others. Hence, you need a financial product to understand your requirements. Spend wisely and living well is a motto that applies to each Indian, whether youth or senior citizen. The Savings Account stores extra cash, earns interest, and allows access to it whenever required.

Deposit funds either by cash or cheques or transfer money from other accounts using IMPS, NEFT, RTGS, or UPI.

Types

Recently, banks are offering different Saving Bank Account to cater to customers from other age groups and work domains. Open any Bank Account according to your eligibility and requirement:

Zero Balance Account

This is a financial product banks offer to operate freely without maintaining a minimum balance. Unlike regular accounts, Zero Balance Accounts do not come with limitations like maintaining a minimum balance. The applicant submits the essential KYC documents on the Banking app.

Basic Account

A regular online Bank Account features minimum facilities and introductory rates for services. You must maintain the prescribed minimum balance to avoid extra charges. You save time, effort, and travel costs by using the app for all your banking needs.

Salary Account

Only a salaried person can open a Bank Account to receive the salary. Most companies directly deposit the employee’s monthly salary here. Suppose the monthly wage is not credited for two to three months in the account. In that case, it gets automatically converted from Zero Balance to a regular account with minimum balance requirements.

Comparison

It is imperative to make a well-researched choice. Compare the options against diverse parameters to maximise your earnings and earn better rewards while online Saving Account opening. The following are numerous parameters to consider:

Interest rates

Most banks offer at least 3.5% on Savings Account interest. Others offer up to 7% interest rates, provided you maintain a minimum balance.

Minimum balance

You need to maintain a minimum balance for most accounts, except Zero Balance Accounts. If you fail to do so, the bank charges a penalty.

Additional facilities

Banks offer other facilities with the Bank Account, such as Net and Mobile Banking, doorstep cash deposit, withdrawal, free cheque book, etc. This way, you complete bank transactions from the comfort of your home or office. Consider the bank which offers deals on Debit Cards and other perks.

Conclusion

Use third-party websites to check the reviews and compare different Bank Accounts. Enquire about every detail, including the bonuses and services offered, to make informed decisions.

Know The Types Of Payment Methods Used For Remittance

Indians living abroad has become the norm for pursuing higher education and conducting business. When you move overseas as a student, on a business, or as a migrant worker, you may need to send money back home for financial upkeep. Finding the right International Money Transfer service becomes essential if this is a standard requirement. You do this by analysing the costs, transfer time, exchange rates, suitability, etc.

Now, there are several types of payment methods. The service you routinely opt for is not necessarily the best for all transactions. Specific mediums are best suited for payments. You must figure out this aspect to choose the correct mode to send money overseas. This helps you save costs and find an apt solution for your transfer needs. Let us understand the types of Remittance and payment modes for the same.

Types of Remittances

1. Inward: It refers to the funds you receive in your Bank Account domestically or internationally. For instance, if you get funds from a relative living abroad in your local account in India, it is called Inward International Remittance. This is the most common type of transfer as Indians support their family in India by making international transfers.
2. Outward: It is an outward transfer when you send money abroad from your local Bank Account. For example, parents in India pay for their child's higher education overseas by using the International Fund Transfer service.

You have the choice of the following payment methods to carry out Inward and Outward international transfers:

Wire transfer

This is one of the most favoured methods to send money from India to the USA. It also works well with all kinds of international transfers. It is the relatively latest mode that comes with lower fees. Almost all financial institutions, including banks and authorised money exchanges, offer this transfer service. It takes three to five business days to send funds through this medium. You may track the same through the International Money Transfer app.

Bank drafts

Cashier cheques and bank drafts are available at various banks across the country. You can physically purchase the drafts or cheques in the recipient country's currency. This is another cheaper method to send money overseas. However, it takes the longest to transfer funds through this medium. On the brighter side, the drafts are traceable to check if they reach the destination.

Online Money Transfer

If you are looking for a hassle-free and straightforward method, Foreign Remittance is the apt choice. Most Indians use it to make international transfers. The process requires you to enter the recipient's account details, destination information, contact number, etc. Additionally, it uses a Society for Worldwide Interbank Financial Telecommunication code. This is used to recognise the bank branch in the destination country.

Types Of Savings Account You Can Open In India

For many of us, our first Bank Account is our parents' open or the one we hold with them. The moment we start earning, we realise we need to secure our hard-earned funds in our Savings Account. This is when we visit the bank for opening an account and start our independent financial journey.

In India, you can do multiple online Savings Account opening as options to choose from. Let us understand them in detail.

Regular Accounts

This is the most common one where there are limits on the funds deposited. However, there are restrictions on withdrawals. You can do so only through cheque payment slips or ATMs. You are given a chequebook after opening the account and need to maintain an average monthly balance.

Joint Accounts

If the account gets operated by more than one person, it is a Joint Account. In India, such accounts are more of a family account where four people are named as account holders. If all the holders are adults, the banks offer a Debit Card to them. All adult account holders can jointly operate the account.

Salary Accounts

Most organisations provide such accounts to their employees when they join. Such an account is called Zero-Balance Account, and here, you need not maintain a monthly average balance. Generally, these account holders are provided with an instant welcome kit that includes a chequebook, passbook, Debit or ATM Card, and Online Banking access credentials.

Online Accounts

Also called an online account, this is ideal for those who want to manage their banking needs seamlessly. You also get high Savings Account interest rates instead of the Regular Account. You also need not pay any account maintenance fees and no requirement of minimum balance maintenance too.

Senior Citizen Accounts

Specially meant for the older people, particularly those over 60 years and above, they are offered higher interest rates, around 0.5%, on their savings. They are also given waivers maintaining a minimum balance and offered better interest rates on term deposits.

Women Accounts

Ladies over 18 years and above can open a Saving Bank Account that comes with maximum benefits. Opening such accounts mean higher interest rates. Women also receive discounts on other bank products and complimentary Insurance cover. They also get Debit Cards with high withdrawal and shopping limits.

Minor Accounts

A Joint Account, here the primary holder is the minor and operated by one of the parents or guardians until the minor turns 18 years. Once turned 18, the account automatically gets converted to a Regular or Joint Account.  

Pradhan Mantri Jan Dhan Yojana

For encouraging all Indians, especially the lower-income groups to open a Bank Account offline or on the Banking app, the Indian Government launched this unique Savings Account. There is no average monthly balance maintenance commitment. Account-holders get Rupay Debit Cards, and free Accident Insurance Cover worth Rs. 1 lakh and Insurance cover of Rs. 30,000.