What is a balance certificate? Charges and how to apply
Banking Tips
by G Singh
4d ago
Do you need to have a balance certificate and are still wondering how to get it? It is simple; all you need to do is apply online or offline. We will discuss how to apply and get it done in no time. But before that, let us see what a balance certificate really means. What is a bank balance certificate? A bank balance certificate is a certified copy of your bank account balance on a particular date. It could be your savings bank account or your current account. The terms balance certificate and bank certificate sometimes get confused. A bank balance certificate is particularly meant for the acc ..read more
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Floating Rate Savings Bonds: Should You Invest in FRSB?
Banking Tips
by G Singh
6d ago
When it comes to saving money, we usually think of a fixed deposit in a bank. Just visit the bank, provide your bank account details, and open an FD account in your name. That’s it! This is what most of us would do to get a little higher interest rate than the savings bank rate, which is pretty low. As a matter of fact, when you keep your money in a savings bank account, you would get an interest rate of around 2 to 3 percent per year. This literally means that the fund that you have is idle and does not serve any purpose. Today in this post, we are going to explore some of the government depo ..read more
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How to transfer your bank account?
Banking Tips
by G Singh
2w ago
One can easily maintain and manage a bank account if he understands some of the basics of a bank account. Irrespective of where you operate your bank account, the terms of a bank account are similar. Taking out a bank account statement, requesting an ATM card or a chequebook, registering a contact number, and registering for online banking and mobile banking are some of the basic tools for the smooth functioning of a bank account. Including a bank account transfer from one place to another. That means, knowing how to transfer your bank account from one branch to another is quite important. In ..read more
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What is Demand draft? What are it’s uses? How it differs from banker’s cheque?
Banking Tips
by G Singh
3w ago
The old way of sending money to someone. Before the core banking system was implemented in banks, people used different methods to send their money.  A demand draft is one such instrument that allows people to transfer money in such a way that they don’t have to carry a large sum of money to different locations. It works like this: you deposit money at the bank and advise the bank to enable withdrawal at a specific location. In return, the bank gives you a token in the form of a paper instrument. The other branch of the bank will honour the instrument upon presentation. We have also seen ..read more
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What is a CIF number in SBI? How to find it?
Banking Tips
by G Singh
3w ago
Have you ever needed the CIF number of your account and are clueless about where to get it? Banks use CIF numbers all the time. Every transaction that you do involves CIF, without it, there is no account. What is a CIF number? A CIF stands for Customer Information File. It is the first and foremost thing banks create before an account number is generated. A CIF is an 11-digit number that stores all the personal details of the account holder.  Both personal accounts, as well as non-personal accounts, have a specific CIF number allotted to each customer. A CIF stores the personal details of ..read more
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My new Axis Bank Delight debit card is showing as invalid on any ATM machine.
Banking Tips
by G Singh
1M ago
Whenever you are unable to use an Axis bank ATM card with the reason “invalid card,” there may be some internal ATM card issue. In this case, contacting the bank and requesting a replacement card is usually necessary. Other times, the issue may be related to the ATM machine itself. But if you notice the same result at multiple ATMs, then your ATM card is probably having problems. It’s important that your Axis Bank Delight debit card be active at all times. Inactive or non-functional debit cards may cause disruptions in your daily transactions and lead to unnecessary frustration. How do you fix ..read more
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How to Apply for Chequebook in Axis Bank
Banking Tips
by G Singh
1M ago
Even though most of us prefer online payment, we have to have a chequebook with us all the time. If you have a bank account without a chequebook, you may have problems at any point in time. Here’s why? When online payment and other digital payment modules are not functional, you cannot transfer money or withdraw cash from an ATM. That’s when your chequebook will enable you to access your bank account and withdraw money. So, today we are going to share some of the easy ways you can apply for a chequebook at Axis Bank. You can either apply for it online or you can visit the bank and apply for a ..read more
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Expired ICICI ATM card: How to Apply for a New One?
Banking Tips
by G Singh
1M ago
The ICICI ATM card is one of the most popular plastic cards used by numerous people for cash withdrawals and other banking transactions. At times, when the card is not functional or when the card is expired, you may not be in a position to transact at an ATM, thereby hindering your financial transactions. This can be a frustrating experience, especially if you need immediate access to funds. In any case, your ICICI ATM card should be functional at all times, and if you have an expired card, you must know how to apply for a fresh one. You can easily apply for a new ICICI ATM card through their ..read more
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How to apply for a personal loan? Things you need to be aware of.
Banking Tips
by G Singh
1M ago
A personal loan is a type of loan that is given against a salary, pension, or fixed deposit. Personal loans against salaries or pensions are normally unsecured kinds of loans that banks lend to their customers based on salaries.  A personal loan against a fixed deposit and other specified securities is a secured loan in which the bank places a lien on the FD or specified securities as collateral security against the loan.  When you repay the loan, the bank will give you back the FD or any collateral you provided while getting the loan. Now we know that if you are looking for a person ..read more
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SBI Credit Card Statement Password: How to Open It?
Banking Tips
by G Singh
2M ago
Have you ever felt the need to access your SBI credit card statement and been unable to do so? Worry not; that’s exactly what we are going to discuss in this article. You can obtain the SBI credit card statement in many ways. One of them is through your registered email. You may have received the statement every month, and the other way of getting it is to download it from the SBI card website or from the SBI card mobile application. This PDF statement is password-protected, and you need to have it to gain access to your statement. With SBI online banking, you may have the option to manage you ..read more
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