UCO Bank Launches WhatsApp Banking
UCO Bank has recently launched its WhatsApp banking. Customers can now avail banking services via Whatsapp chatbot. The service is user-friendly and easy to use. Read on to know more about the process.
Top Initiatives by Banks Focused Towards Millennials in 2022
Banks have targeted millennials by making banking easy, friendly, and transparent which has strongly built the foundations for the development of the economy of the country. Let us find about a few initiatives undertaken by banks to add more millennials and make availing banking services easy for them.
Withdraw Money from ATMs Without Using a Debit Card
People will now be able to withdraw cash from ATMs without using the ATM cards. This will be facilitated through UPI where a user can withdraw cash from ATMs by scanning the QR code. However, the highest withdrawal limit is set to Rs. 5,000 per transaction currently.
Debt Consolidation with Personal Loan
Whether it is a student loan, some unpaid credit card bills or a house loan you are close to defaulting on, most of us look to pay off the dues and get debt free. However, it often becomes very difficult to pay off these debts using only one’s salary. In such a case, many people […]
Personal Loan vs Education Loan: Which is Better for Funding Education Cost?
हिंदी में पढ़ें Quality education lays the foundation of a steady career and a better package. However, its ever-increasing cost has rendered it out of bounds for most people. As a result, most people have to finance their higher education through education loans from banks or NBFCs. However, those who cannot avail education loan due...
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All you Need to Know about No Cost EMI on Credit Cards
Have you been planning to buy your dream phone or a refrigerator that you are eyeing for quite a long time? What if you can’t afford it now but don’t mind paying for over 6 months? Well, No Cost EMI or Zero Cost EMI offered by several banks via credit cards allows you to buy…
RBI’s Rules regarding Credit Card MITC
The Reserve Bank of India (RBI) on April 21st issued some new guidelines to safeguard the interests of credit card customers, which will be effective from July 1st 2022. As per these directions, the Most Important Terms and Conditions (MITC) will now be more oriented towards illustrated examples, user-friendly clauses and signed agreements on revised changes in terms and conditions. Read on to know these new regulations related to Credit Card MITC. But before that, let us understand what a MITC document is.
7 Best Savings Accounts for Senior Citizens
Money management for senior citizens is a complex matter. Post retirement, when you no longer are the earning members in your home, you will more often look to keep your entire life’s savings safe while earning moderate rate of return on that as well. Not a lot of investment instruments are suited to such a...
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A secured credit card, as the name suggests, is secured by collateral that the customer has placed with the bank in lieu of getting approval for his/her card. Such a credit card is one of the best options for people without a good credit score. This credit card is issued against fixed deposit and function in the same way as the regular/unsecured credit card. However, a secured credit card is issued by nearly all the credit card lenders, such as Visa, Mastercard, etc.
Top 7 Savings Bank Account Options for Your Child
As soon as we start earning, the first thing we ideally do is to open a savings bank account for ourselves to keep all our hard-earned money safe. While this applies to those who are earning, savings for kids is usually done by parents. Parents who save for their kids often want to open savings account for...
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