Banks charge fees for using their services, which include, savings bank accounts, checking accounts, current accounts, debit cards, and credit cards. These fees can add up quickly, so it’s important to keep an eye on your statements and use only the services that you need. Savings account charges are one of the deductions that we usually ignore. Yes, we have seen these charges every time we look into our bank statement. Sometimes, it is as low as ₹12. It may even go up to ₹1000, you know. It also depends on the bank where you maintain your bank account. Some banks may charge less, and others m ..read more

SBI OD against FD is an easy way to get quick funds against your fixed deposits.Get an overdraft loan against your fixed deposits (FDs) at any bank in India. The interest rate on these loans is lower than what banks charge for other types of loans. It’s mainly because its rate is linked to the FD rate, which is normally 1 percent above the FD rate. An overdraft loan is a type of loan that runs for a shorter period of time. If it’s given against your stock, then you may need to renew it every year or so. OD loans can be given against your salary too, which is a super short period of the loan. F ..read more

How do you reset your SBI Netbanking login password? If you are having difficulty executing the process, you have come to the right place. We have got you covered! Resetting your SBI net banking login password is quite simple, and you can do it on your own, with or without visiting the bank. In this article, we are going to discuss how to do that. It seems difficult to operate when you are dealing with it for the first time. When you get the idea of it, it’s very simple. Let’s see how to reset the login password for SBI YONO or SBI Net Banking.  First of all, you should remember your ..read more

Did you know that you can withdraw money from an ATM without using an ATM card? Surprisingly, you can do it if you have an account at the State Bank of India. Here’s how..  SBI YONO Cash enables you to withdraw cash at an ATM without using an ATM card. It’s quite handy when you forget to carry an ATM card. It’s amazing what technology can do. There’s no boundary when it comes to technological innovations. Just recently, the bank added another feature that enables you to withdraw money from an ATM without a card. It’s called the YONO QR code. Both YONO cash and QR codes can be seen on the ..read more

People often face the issue of accidentally sending money to the wrong account. If it’s within the same bank, resolving the problem is straightforward and easy. In such a case, your bank might be in a better position to help you out. But, if this same issue happens when you are paying to another bank account. Like faulty payments through NEFT or RTGS, how do you solve the problem?  That’s a little bit complicated, but you know? It’s possible to reverse the transaction. If you have made the same mistake, here’s what you need to do, in order to get your money back. Let’s begin with NE ..read more

Most of you must have heard about recurring deposits. So, what is a recurring deposit? And how do you open recurring deposit accounts at the bank? Let’s understand the product briefly. A recurring deposit is a deposit that enables you to save money at regular intervals. Usually, it is a monthly savings plan. You can open this account for 1 to 10 years with decent interest rates, the same as FD rates. From nationalized banks such as SBI, PNB, Canara Bank, UCO Bank, and Vijaya Bank to private limited banks such as ICICI, HDFC, and also at the post office. You can open an RD account instantly at ..read more

Having the ability to maintain a bank account smoothly at Indian Overseas Bank is what every consumer would like. As such, knowing Indian Overseas Bank timings is crucial. Sometimes you have to visit the bank to complete certain tasks, such as cheque clearing, cash deposit, cheque request, ATM request, fund transfers, and so on. But have you ever been in a situation where you have to wait in a long line for your turn? It’s quite common, and all of us have gone through the same scenario. It comes in handy when you know the Indian Overseas Bank timings. Other than general holidays, we are going ..read more

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

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

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