Explore in-depth articles, updates, and guides on the Indian banking sector. From savings accounts and fixed deposits to loans, credit cards, and digital banking, this section covers everything you need to stay informed and make smarter financial decisions. Whether you’re a student, working professional, or investor, our expert-backed content helps you understand banking products, compare interest rates, and keep up with regulatory changes and financial tips.
Online banking has transformed financial management, with Digital Savings Accounts offering convenience, accessibility, and security for tech-savvy individuals.
Opening a Digital Savings Account: A Step-by-Step Guide Read Post »
A savings account is a cornerstone of financial prudence and growth, offering interest, security, and accessibility for various goals.
The Comprehensive Guide to Savings Account in India Read Post »
A credit report reflects your financial behavior and is crucial for loan approvals. Errors can harm your credit score and loan eligibility, so reviewing it regularly is vital. Learn to identify errors, file disputes, and follow up on resolutions. Timely rectification ensures an accurate credit report, safeguarding your financial health and credit score.
The Reserve Bank of India (RBI)\’s Banking Ombudsman resolves disputes between customers and financial entities. Types of complaints handled include service deficiencies, excessive fees, guideline non-adherence, ATM and online banking issues, and credit card problems. To file a complaint, visit the official RBI website, fill out a form, submit a complaint letter, and attach supporting documents. After submission, the Ombudsman investigates and provides updates on the resolution.
How to Register Complaints Online with Banking Ombudsman Read Post »
PNB offers convenient and secure WhatsApp Banking, providing a wide range of services 24/7, including balance enquiries, account openings, and more. Both account holders and non-account holders can access informative services. Registration is simple, but users should avoid sharing sensitive information. The service is free, secure, and encrypted, promoting digital empowerment.
Navigating the financial world with a low CIBIL score can be challenging. However, it’s not impossible to secure a personal loan. Here are some strategies to improve your chances: Prove a Good Income, Apply for a Lower Loan Amount, Secure a Guarantor or Apply with a Co-Applicant, Check the Credit Report for Errors, and Discuss NA or NH with the Lender. Remember to also work towards improving your credit score for future financial needs.
How to Get a Personal Loan with a Low CIBIL Score Read Post »
A cancelled cheque is a vital tool in banking, providing proof of a bank account for various transactions. It contains essential account details and is used for loan applications, insurance, and more. By simply drawing two parallel lines and writing \’CANCELLED\’ on a cheque, one can render it unusable for transactions.
What Is a Cancelled Cheque? How To Write a Cancelled Cheque Read Post »
Forex cards, also known as travel cards, are a convenient and cost-effective way of carrying foreign currency while traveling abroad. They work much like a debit or credit card but are specifically designed for international payments. Top Forex cards in India for 2024 include Niyo Global Card, BookMyForex YES Bank Forex Card, Axis Bank Multi-Currency Forex Card, HDFC Multicurrency Forex Card, ICICI Bank Student Forex Card, Axis Bank World Traveller Forex Card, and IndusInd Bank Multi Currency Forex Card. These cards offer various benefits and have specific application procedures and fees. Applicants must provide specific documents, and the cards typically have a validity of 5 years. They can be used for cash withdrawals at ATMs abroad and for online transactions with locked-in exchange rates, offering significant advantages over credit cards and traveler\’s cheques.
A Comprehensive Guide to Forex Cards in India 2024 Read Post »
The State Bank of India (SBI) has launched the SBI Green Deposit to fund green activities and projects. The Green Rupee Term Deposit is open to individuals, non-individuals, and NRI customers, with tenors of 1111, 1777, and 2222 days. It offers attractive interest rates and allows pre-mature withdrawal, providing a significant step towards promoting green finance in India.
Bandhan Bank, based in Kolkata, faces controversy over a forensic audit of its CGFMU loan claims. NCGTC, overseeing credit guarantee funds, will audit the bank\’s claims. The controversy affected investor sentiment and stock prices, but the bank\’s clarification helped shares recover. Bandhan Bank is cooperating with the audit and remains confident in claim recovery.
