To make cheque transaction safer RBI introduced Positive Pay: Know here how it works

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

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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, bu

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What is the current account? How to open it for business

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

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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, th

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Now complete your bank work from your WhatsApp: Know here what are the charges

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,

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Why is it necessary to close the inactive account? Know here how to close it

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

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How to open SBI Digital Savings Account? What are the benefits and eligibility of this account

With the lockdown due to COVID-19, most people have started turning to digital savings accounts, which are also very easy to manage. SBI's digital savings account is quite popular, along with other di

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Alert! SBI changing ATM rules from July 1: Know here what they are

This is because the rules were relaxed at the time of lockdown for cash withdrawals from ATMs. Let me inform you that the exemption was announced for a period of three months, which expires on June 30

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