Blog
How to open SBI PPF account: Know here rules and requirements
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, then on interest income and then on maturity amount. PPF offers a...
What is the current account? How to open it for business
What is the current account? The current account is a bank account that is different from Saving Account. 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...
What are the advantages of Using a Demat Account
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, but instead of carrying cash, it holds shares and other financial...
To make cheque transaction safer RBI introduced Positive Pay: Know here how it works
Almost every other day, you read the news related to cheque fraud in newspapers. In today's time, it is quite common to change the account holder's details to prepare fake cheques or withdraw funds. With the help of this, the hard-earned money of the common people who...
How to check balance and withdraw money from PF account without UAN
Universal Account Number (UAN) is a 12 digit unique number that is allotted to an EPF member. It is a permanent number and valid for the entire lifetime of a member. The employer of the employee can generate the Uan number. In case of a change in employment, the UAN...
SBI changed the withdrawal rules: How much charge to be paid on a failed transaction
The State Bank of India (SBI) has changed its ATM withdrawal rules from July 1. According to the bank's website, SBI in metro cities allows its regular savings account holders to make 8 free transactions in a month. In addition, customers are charged on each...
ICICI bank launched iMobile app, users can withdraw money without ATM Card
ICICI Bank facilitates cardless cash withdrawals to its customers. Through this facility, customers can withdraw cash safely from the bank's ATM without a debit / ATM card. The process of withdrawing cash from ATMs is possible without using a debit card through ICICI...
SBI changing ATM withdrawal rules from 18th September: Know what they are?
State Bank of India (SBI) customers will need a one-time password (OTP) for withdrawal of more than Rs 10,000 at any time from the bank's ATM from Friday. The bank has taken this step to make transactions safe from ATMs. This means that if you are an SBI customer and...
PNB offers prepaid cards services: Know here what it is and benefits
Punjab National Bank, India's second-largest government bank, also offers prepaid cards to its customers. As per the information available on the bank's website, the bank is currently offering two prepaid cards. The first one is the PNB Gift Card (PNB Uphaar Card),...