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How to Beat the Petrol Price Hike?

As you all know that Petrol price hikes have been a nightmare for all of us that happened just a few days back. Here are some tips and tricks that will surely help you to reduce your Petrol bills.

1. Switching off Vehicles at Traffic Signals
Switching off your car engines at long traffic signals is a the best way to save fuel, especially when stoppages are more than 60 sec. Calculations show that each vehicle owner can save over Rs 3,100 annually just by ensuring that his or her car is switched off at every red light that lasts for more than 14 seconds which would hold for, perhaps, all signals.

2. Check the Tire Pressure
Check tire pressure every month. Free tire checking facility is available at almost every petrol pump in India. Under-inflated tires are one of the most commonly ignored causes of crummy mileage. Tires lose air due to time (about 1 psi per month) and temperature (1 psi for every 10 degree drop); under-inflated tires have more rolling resistance, which means you need to burn more fuel to keep your car moving. Under-inflated tyres can add up to 3% to your fuel bill; they’ll wear down more quickly and could actually be dangerous, too.

3. Shutting off the A/C
Consider shutting off the Air Conditioner. Open the windows and enjoy the breeze and atmosphere. I know its very hot now a days but we can atleast enjoy the weather in the evenings. That said, at higher speeds the A/C may be more efficient than the wind resistance from open windows. It is said that at lower speeds vehicles with Air conditioners on consume 10% more fuel than normal.

4. Ditch the Extra Weight
A 100kg load can reduce mileage by up to 5 miles per gallon. So remove roof racks when not using them, empty the book of unnecessary items and enjoy driving a more streamlined and efficient car!

5. Perform Some Basic Maintenance
When was the last time you checked your own tyre pressures, oil level and coolant? A well maintained car is more fuel efficient – keep on top of these little jobs and not only will your vehicle be more reliable, it’ll use less fuel too.

6. Convert to CNG
The if-all-else-fails the solution to rise in cost of petrol is to switch over to CNG. A lot of people have qualms over switching to CNG because of the initial costs. Yes, they’re quite a bit but if you’re planning to keep your car for quite a period of time (it’s not a phone, right?), it’s a cheap investment. With Govt approved CNG kit vendors everywhere, getting your car to switch over to CNG is pretty easy. The cost of refueling CNG is significantly lesser than petrol and you’ll end up saving a lot more over a period of time. The taxi wallahs already switched a long time back, the question is, when are you?


7. Stay in the Left Hand Lane
Driving at 56mph will reduce fuel consumption around 25% compared to driving at 70 mph.

8. Change Gears Earlier
It is recommended that you change gears at 2000rpm(Diesel) or 2500rpm(Petrol)

9. Take the Quickest Route
Taking the quickest route will help cut down costs, use a sat-nav or Google maps to plan your journey. Avoid built up areas and speed bumps where possible.

10. Cycle to office
11. Weekend party at home
12. Don’t go for long drives go for long walks
13. At best pretend that you don’t have a car

Categories
Bank Money and Economy Banking

Top 20 Banks in India with Interest Rates above 9% on Fixed Deposits

S.No.

Bank

Tenure

Interest Rate

1 Dhanalaxmi Bank

3 – 5 years

10.10%

2 Lakshmi Vilas Bank

1 year to less than 2 years

10.00%

3 City Union Bank

1 year

10.00%

4 South Indian Bank

39 months

10.00%

5 Karur Vysya Bank

1 year to 2 years

10.00%

6 Karnataka Bank

1 year to 2 years

9.75%

7 Tamil Nadu Mercantile Bank

1 year to less than 2 years

9.75%

8 State Bank of Patiala

999 days

9.75%

9 Yes Bank

15 months

9.60%

10 Dena Bank

1 year

9.60%

11 Syndicate Bank

1 year

9.05%

12 php“>Punjab and Sind Bank

500 days

9.50%

13 J&K Bank

2 years to less than 5 years

9.50%

14 Vijaya Bank

1 year to less than 2 years

9.50%

15 Indian Bank

1 year to less than 3 years

9.50%

16 Allahabad Bank

1 year to less than 2 years

9.50%

17 Kotak Bank

390 Days

9.40%

18 Andhra Bank

1 year to 3 years

9.40%

19 Central Bank of India

2 yr to less than 3 years

9.30%

20 Bank of India

1111 days

9.30%