A consumer can execute 8 free transactions from his savings account every month from the SBI account. These include free transactions from 5 SBI ATMs and 3 ATMs of a different bank. The State Bank of

Universal Account Number (UAN) is a 12 digit individual number that is given to an EPF member. It is a permanent number and valid for the whole lifetime of a member. Yet without UAN, members can make

The hard-earned money of the people who are victimized in a minute of check fraud. To make it safer, RBI has decided to bring a mechanism called 'Positive Pay.' Almost every other day, you read the n

Demat or a dematerialized account is a form of account which is used to hold shares and other financial instruments in a dematerialized form. In simpler words, it is similar to our savings account, bu

The current account is used for large transactions, so people who have to make multiple transactions from the bank in a single day need a current account. The current account does not account for inte

PPF is a popular long term investment option that comes with EEE status. That is, in this investment option, the investor gets income tax exemption at three levels. At the time of first investment, th

With the increase in Internet penetration in the country, banks are providing a variety of services to customers. Nowadays, you can do banking with WhatsApp. Many commercial banks across the country,

Most of the job-professionals have a normal bank account. Sometimes the company has to change the bank account and open a new account. Some banks convert customers' zero balance salary account into a