How To Clean a Fish Tank?

Cleaning a fish tank is very much important for your fish health, and you can clean your Fish Tank at your Home Easily, It takes Up to 2 hours to Clean it depends on the size of your tank. there is no any rule of thumb to clean fish aquarium. So if you are Beginner and wants to clean your  fish tank this is the right place to learn.

When I bought my 1st Fish aquarium, I remember that in one month my fish tank became dirty, i call the shopkeeper from where i bought it, he said Clean your Fish Tank, well i searched on internet regarding how to clean fish tank and believe me i found more than thousand articles and videos regarding this, some professionals were saying empty your fish tank by 60% and clean it without removing fish from tank, and some professionals were recommending for completed detailed cleaning of Fish Tank, So i select the option of detailed cleaning of fish tank.

Now the big question for me is that how to remove fishes from tank and where to put fish when cleaning the tank. I went to market and buy a Fish Net and small size Bucket and Shift the fishes from Tank to Bucket using Fish Net. It was easy but be careful because when you bring fishes out from tank they may jump into the floor so be careful.

Fish Net Used For Removing/Shifting Fishes From Tank/Aquarium 

Medium Size Plastic Bucket Used For Temporarily 

Now the Main process starts from here....

Wear Hand Gloves:-

Your safety is first, before starting the cleaning process you need to wear Hand Gloves in order keep your self away from germs and bacteria because your fish tank is full of bacteria when it become dirty specially .

Remove/Unplug All Electrical Wires:-

The Most Remove all the Electricals Wires that are connected with Heater, Light, Filter, Air pump Etc.

Remove All Accessories From Tank:-

Now its time to remove all the accessories one by one carefully i.e Heater, Tube light, Filter, Air Pump, Plants, Artificial Plants, Artificial Fishes, Aquarium big rocks, remove all objects that are inside of your aquarium and place it on one side.

Remove Water From Fish Tank:-

Be careful while draining/removing water from Fish tank, there are multiple ways to remove water, but my suggestion is if you tank is not too much big, use small buckets to remove water, and if your tank size if big then use drain pipe for removing water. whatever method you use, but don't waste the tank water, use dirty water for your plants because this water may play the role of fertilizer.

Remove and Clean Stone/Rocks

Now Remove all the Stones/Rocks From Bottom of the fish tank, and put stone/rocks in separate bucket, And Start Cleaning the Stone/Rocks With Hot/Warm Water. Do not use any Chemical for cleaning the Stone/Rocks. Always try to clean Stone/Rocks with Clean Hot Water.

Clean Empty Fish Tank With Hot Water:-

Now Clean the Empty Fish Tank With Hot Water, and use scrub pad while cleaning the Tank. and make sure to clean it properly.

Cleaning Fish Tank With Scrub Pad 

Clean All The Accessories of Fish Tank:-

Cleaning the Accessories of fish tank is also very important part, So From Filter to Artificial Plant you need to clean it with the help of Hot water. Make sure to clean the Filter properly.

Clean All The Accessories of Fish Tank

Put Stone/Rocks, Accessories back to Fish Tank:-

Now its time to Install back all the stone/rocks along with accessories i,e Heater, Tube light, Filter, Air Pump, Plants, Artificial Plants, Artificial Fishes, Aquarium big rocks.

Now Our Fish Tank/Aquarium is Cleaned

Put Stone/Rocks, Accessories back to Fish Tank

Fill the Clean Tank With Clean Water:-

Now Fill the tank with clean water. Make sure your water is clean, my suggestion is to fill the tank with drinking water, Be careful regarding the temperature of water, Normal temperature water is good for you fish.

Put the Fishes Back:-

Here you go, your Fish Tank is clean now and it is good for your fishes, now it is time to put back all the fishes from bucket to tank, with the help of Fish Net. And start the filter and Air pump for keep the water clean and oxygenated/Enriched with Oxygen.  

Process Of Cleaning Fish Tank/Aquarium Complete, Your Beautiful Fish Aquarium is ready for your beautiful and healthy Fishes

This is the process of detailed cleaning process of Fish tank/Aquarium. which must be done after 3-4 month. apart from this make habit of cleaning the filter twice in a month in this way your fishes will remain happy and healthy.   

Key Components Of Partnership Deed

Partnership deed plays the role foundation of any partnership business, basically it is a legal document between the partners of the firm or entity, Partnership deed clarify the role and responsibilities of each partners and their share pattern, As it is the written document so it provides the security and peace of mind to the partners regarding investment and profit sharing. 

For drafting partnership deed we need to be very careful because it is the primary document of agreement between the partners, if any error or mistake happens it may create lots of problems especially financial loss in future.

So lets learn how to draft Partnership deed In Pakistan?  And what are the most important factors of partnership deed in Pakistan?

Stamp Paper:

Partnership deed should be drafted on more than Rs 1000/= Stamp Paper, And it Should be Attested and Notarized From Notary Public Of Pakistan.

CNIC Copies of Partners and Witnesses:

Clear Cnic/Snic Copies of All the Partners and Witnesses must be attached with Partnership Deed, Signatures/ Thumb Impression must be clearly visible on Cnic

Firm Name:

Firm Name should be mentioned on partnership Deed, and it should be matched with NTN if Applicable.

Nature Of Business:

Nature of Business should be clearly mention on Partnership Deed. I.e School, Flour Mills, Commission Agent.

Date Of Commencement:

Date Of Commencement Should be mentioned on Partnership deed, For Example The Start up Date of XYZ Business if 16/09/2021.

Bank:

This is very important thing in partnership deed, which clarify that how the financial transaction will be performed, who will be responsible for operating bank account.

Share Pattern:

Share Pattern should be correctly mentioned on partnership deed, because share pattern shows your ownership and capital investment in company, For example In XYZ Company, Total Capital is 100M and there are Two Partners, For Partner |A and B Share Pattern Will be 50%,50% .  

Career Opportunities From Government Of Sindh BPS-05 To BPS-15

Career Opportunities From Government of Sindh in Services, General Administration & Coordination Department, Scale is from BPS-05 To BPS-15.

Screening Test will be conducted through STS (SlBA University Testing Services). 

Last date to Apply is 30th Nov 2021.

The Sample test paper will be uploaded On the Website Of https://www.iba-suk.edu.pk/sts/

Things To Consider Before Availing Personal Loan

Availing Personal Loan from bank is getting common and even easier now a days, there was a time when it takes more than 1 month, but now you can avail it on your finger tips through your smartphone, Personal Loan can cover your short term as well as long term needs. So if you are dreaming for your brand new mobile or you are little short from your brand new car you can avail your personal loan from your bank quick and easy.

Personal loan can be avail for Home Renovation, Weeding, Medical, Purchasing Home Appliances, Vacation, etc. For above purposes you can avail Personal loan of Up to Rs 3,000,000/=. Facility of Personal loan is offering by most of the banks in Pakistan under the guide lines of SBP.

Currently Banks are offering personal loan to only salaried individuals with the age restriction of 21 years and time limitation of up to 5 years. But yes there some microfinance banks in Pakistan who is also offering personal loan to self employed (Business owners) under some conditions. 

If you want to avail Personal loan you need to carefully assess and consider the conditions on which you are Availing personal loan from your bank, because if you don't know the term and conditions the result will be problematic. So lets discuss what are the things we should consider before Availing Personal loan from bank.

Time:

Time factor is very important to consider for personal loan, because it will multiple your mark-up charged by bank against the finance amount you borrow from bank. For example, if you avail Rs 100,000/= from bank for 1 years the total EMI will cost your around Rs 120,000/= in one year, and if the same Rs 100,000/= you borrow from same bank for 5 years then total Sum of EMI in 5 years will around Rs 215,000/=. So you have to select the time frame very carefully as per your need and capacity to pay

Fixed Interest Rate Or Variable Interest Rate:

Bank deals in both Fixed Interest Rate and Variable interest rate you need to ask your banker that interest rate of my personal loan will be fixed or variable, In Fixed Interest Rate EMI( Every Month Instalment) will remain same, and in Variable interest rate EMI will fluctuate as per KIBOR and Prevailing interest rate of bank. As per my suggestion Fixed Interest Rate is most feasible one. And your goal should be ask your banker how much you are charging interest rate and compare the same with other bank interest rate and make decisions accordingly. 

Insurance:

The is the most important thing to consider, ask your banker before availing availing Personal loan that whether my personal loan is insured or not. For example if you avail Rs 1million from bank and you died in 2 month, who will pay the loan or instalment amount? So for this banks are offering now a days Personal loan with life insurance coverage in which loan amount will be waived off in condition of death. But keep one the in mind that secured loan is costly as compare to unsecured loan.

Finance Amount:

Always avail Personal loan as per you need amount, don't avail the loan amount excessive of your need, if you avail excess amount this thing will distribute your life financially, For example your need amount is Rs 200,000/= but you avail Rs 500,000/= , as in high loan amount you have to pay high EMI, So this will disturb your monthly budget. So don't do this.

Processing Fees:

Ask your banker, what will be the processing fees for personal loan of my desired amount and compare it with other bank processing Fees. As some banks charge fixed amount and some banks are charging on percentage basis.

Late Fees Penalty:

It happens when you forget to pay your EMI on due date, and banks are charging amount against Late Payment of Emi, So ask your banker before Availing Personal loan that what will be Late Fees Penalty if i forget to pay my EMI. 

Prepayment/ Early Settlement Penalty:

This is a Penalty for Early settlement of your personal loan, for example, You avail Personal loan of Rs 500,000/ but in 2 year you wants to settle outstanding finance amount so for settlement of that amount bank charge some penalty, some banks charge Rs 5,000 and some Charge Rs 7,000/ on per Rs 100,000/=. And some banks are charge the penalty on percentage basis. So ask your banker that what will be the early settlement Penalty. Also ask the question regarding Full payment and Partial Payment Facility and Its Penalty 

Ability To Pay EMI:

As your self that how much amount you can pay easily on every month, the best way the decide this is analyse how much salary you can save after all the expenses,  so select EMI amount option a according to your budget.

Alternate:

Before Availing personal loan it is better to analyse the alternate options of personal loan just like if you are government employee you may go for Advance Provided Fund loan, likewise you can also avail gold loan, Loan against insurance through which you can avail Up to 90% of your cash value and you don't need to pay any mark-up against loan. So my advice is if you want to avail personal loan you should need to analyse each option one by one.

If we summarize the things and get conclusion, Personal Loan may full fill your need but you need to analyse the factors which is discussed in this article, and ask one question from yourself that is it  really worth full to avail personal loan, is there no any option left for you rather to avail personal loan, if this is the condition you are facing than you may avail personal loan. And also try settle your loan as soon as you can because as the time increases your amount of mark-up increase also.

Fraud Indicators In Banking

The Exposure of Fraud In banking sector will always remain high due to financial products offered by bank, Management always try to focus more in avoidance of fraud, despite of high focus chances of fraud will always be there, Actually management learn the tactics through the past experience and create their internal polices and procedures according to them. So through this article we discuss some Red flags/Indicators of fraud briefly for knowledge purpose, and believe me each one of them may create high reputational as well as financial risk.

Habitual Late Sitting:

Most of the bankers may disagree with that, but as per research Top management always show negative perspective regarding Habitual Late Sitting, the question is why it is included in Fraud Indicator, The answer is why there is a need of Habitual Late Sitting, You have official banking hours to finalize your work. It means you are hiding something from other branch employees and waiting for late hours for finish work which may deals in fraudulent activities.

Password Sharing:

In Banking Password sharing comes under the umbrella of Zero-Tolerance, Management may never think twice to fire/ terminate you if you commit this crime in any stage of your career, Password Sharing in banking is a Red flag because if you are a authorizer in branch and you share your password with your cashier, He / She may post any entry and Supervise the same with your password, in result will be big financial loss/Fraud for bank   

Providing Incomplete Information To H.O/Management:

It is also a Red Flag Indicator of Fraud, because in this employee is concealing the facts from Management, in this way employee is also breaching the trust of employer for his personal financial benefits which leads toward fraud.

Not Availing Mandatory Leaves:

Employees who perform any fraudulent activity will not take mandatory leave, the reason behind this they don't want to leave their table for new comer because when any employee go for annual leave their backup employee will take charge for certain Mandatory leave period, and in this period he/ she can be exposed for the fraud the he commit.  So if any employee never show interest for annual leave this may lead for Fraud Indicator Or Red Flag.

Unreconciled Entry Since Long:

Reconciliation is very important in banking, If Management found any Unreconciled entry in bank suspense GL, This thing may trigger the chances of Fraud Activity, That is the reason Head Office always send reminders to branches to keep Suspense GL Balance and Error Free.

Flying Entry:

Flying entry is very suspicious in banking and it may leads toward the big fraud / Financial loss is not traced timely, Actually Flying Entry is the transaction without any justification or record. So it is also one of the fraud indicator in banking.  

If we focus above Red Flags Fraud Indicator in our career this is for sure that we can make our life easy and save our self from any fraud activity. and for Middle level management it is very good indicators for them to keep their employees on track and guide them accordingly to keep them away from Fraud, and if Found any employee doing above any activity it is their responsibly the report top management/ Senior Management Timely.