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Practical and Effective Tips To Reduce Demat Account Fees
In India, the digital revolution is becoming more prominent, and people are becoming more tech-savvy. So, there is a propensity for the stock market, and thousands of people are using Demat accounts to enter the Indian stock market. In October 2022, there was a spike...
Fixed Deposit Bumper Interest Rate: Up to 8-9% interest on FD. Know the Bank Details Here.
The RBI has continuously raised the repo rate to reduce inflation, which has led to banks raising interest rates on various savings plans like FDs and savings accounts. Many banks have made announcements to raise interest rates in the first week of the new year,...
Canara Bank Debit Card Service Charges Increased: Check New Charges.
According to Canara Bank's statement, the bank has raised the service fees on the annual fee, card replacement, debit card inactivity fee, and SMS alert price. The service fee does not include taxes. Instead, taxes that apply will be added on. Starting on February 13,...
UPI Transaction Daily Limit Fixed: Big News! Check Here New Limit by PhonePe, Gpay, Amazon Pay, and Paytm.
If you also pay through UPI, this information will be very helpful to you. Do you realize that you have a transactional limit imposed by your bank? Only specific amounts can be paid using the UPI app. Each bank has a per-day UPI transaction limit. This implies a daily...
Bank Released New FD Rate: These 3 banks increased interest on FD, new rates are fixed, and customers will get excellent returns.
Fixed Deposits are among the best strategies to save money. According to the plan, the money is deposited for a specific time, and the bank pays interest. In January, many banks raised their lending interest rates. Many banks have also raised interest rates on FD...
UPI Pin Generating Rule Changed: NPCI issued a new rule. Now a debit card is not required.
There is an important update for you if you wish to utilize the UPI facility on your phone but do not have a debit card. You can now utilize your Aadhaar card with the UPI facility on your phone. However, you will also need OTP for this. Let us explain that starting...
RBI KYC Guidelines: KYC will be done at home in all banks. Know How?
You must periodically update your KYC information if you have a bank account. To do this, one must visit a bank branch. Many times, persons in this scenario need help to update their KYC. You won't experience any issues upgrading KYC anymore. The Reserve Bank of India...
Bank Minimum Balance Rules: Always keep this much money in SBI, HDFC, and ICICI bank accounts, or else pay a fine. Know the rules.
Currently, failing to maintain the required minimum amount in your bank account results in a fee. Banks offer their customers several services related to savings accounts, but in addition to these services, customers must follow certain laws. Therefore, it is...
New Rule for HDFC, ICICI, and PNB Bank Customers: No need to maintain a minimum balance. Know the update.
If the new rule is implemented, you will not be required to keep a minimum balance. A different minimum balance amount is set depending on the bank and account. If the minimum amount is not kept, there is a penalty that the account holder needs to pay. Read on for...