हिंदी में पढ़े The Reserve Bank of India (RBI), on 27 March, allowed all financial institutions to offer a moratorium of three months on the repayment of credit card dues and term loans including home loan. The step was taken with an aim to provide a temporary financial relief to all those who could be…
In the wake of the coronavirus outbreak when the entire nation is advised to stay indoors ICICI Bank announced the launch of “ICICIStack”. ICICIStack incorporates comprehensive digital banking services and APIs (Application Programme Interface) that ensure uninterrupted banking experience to its customers. ICICIStack includes almost 500 banking services that cover all the requirements of retail…
Fixed Deposit vs Mutual Fund Parameter Fixed Deposit (FD) Mutual Fund (MF) Returns Fixed Variable Risk Negligible Significant Investment via Directly with the bank/company Directly with fund houses or indirectly via distributors/brokers Withdrawal The penalty is imposed on premature withdrawal which constitutes lowering of the interest rate at which due returns are to be paid…
Have you wondered why banks charge annual fees for some Credit Cards, while others are provided at zero charges? And does it make sense to pay these annual charges, which can be as high as Rs 10,000 for some premium cards, when you can easily have a card for free? Let us explain. Firstly, Credit […]
State Bank of India has waived off the requirement of maintenance of Average Monthly Balance (AMB) for all Savings Bank Accounts. The bank has also decided to reduce the interest rate on the savings account to 3 percent per annum, irrespective of the amount deposited by the account holder. Further, SBI has also waived SMS…
Note: The information on this page may not be updated. Kindly refer to the bank website to check the latest information. Savings accounts are a great way to save funds for the future. Modern savings accounts are feature-packed and offer quick links to pay bills, make instant transactions, etc. to the account holder as soon…
