7 Additional Things You Can Do With your Savings Account
Minimum Balance: What amount you need to keep in your savings account?
Note: The information on this page may not be updated. Kindly refer to the bank website to check the latest information. People having their savings accounts in various banks have to maintain a certain sum of money in their bank accounts. When this account balance falls below the required threshold amount, the bank levies a penalty on…
How to Read Your Credit Card Statement
When you want to build your credit profile, the best thing to start with is a credit card. You need no credit history to apply for it and can use it to develop a good credit score for yourself. So if you are one of those who recently started using a credit card, the first thing…
How Banks Determine the Limit on your Credit Card
How is Housing For All by 2022 mission boosting the Housing Sector?
How is Housing For All by 2022 mission boosting the Housing Sector? Check the benefits and Impact of housing for all scheme launched under Pradhan Mantri Awas Yojna (PMAY) and the mission to achieve Housing For All by 2022.
Visa payWave and MasterCard PayPass – The New Contactless Methods of Payment
Muthoot Finance Plans to Launch Rs. 10 Lakh Gold Loan at 12% from December 1st
As per an article by the Hindu Business Line, Muthoot Finance MD, George Alexander Muthoot, wants to offer gold loans worth Rupees 10 lakh at 12% interest rate to both existing and new customers. The scheme will be launched on December 1st 2017. Muthoot Finance wants to target the scheme at Small and Medium […]
SBI Launches Minors-Only Savings Accounts
On Nov 7, 2017, the State Bank of India tweeted the launch of two savings accounts (Pehli Udaan and Pehla Kadam) for children. Pehla Kadam is meant for children below 18 years of age and Pehli Udaan will be for to children above 10 years of age. The aim behind launching the savings accounts […]
Post-Demonetisation, Mobile Banking & Wallet Transactions Skyrocket while Card Usage Increases
As per an article by Business Today, during the first ten months of demonetisation – November 2016 to August 2017, the volume of mobile banking, mobile wallet and card (both debt and credit) transactions soared. The volume of mobile wallet transactions went up from 537 million to 2,407 million, a whooping increase of 348%. […]