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Banking FAQs & HowTo Guide
In order to curb the fraud, the State Bank of India has made OTP is Mandatory For SBI ATM Cash Withdrawal. All the Cash Withdrawal using SBI Debit Card will required the one-time password (OTP) for cash transactions above Rs 10,000 throughout the day across all its ATMs. This will be available from September 18, […]
Know to convert the Canara Bank Canara Bank Credit Card Bills to EMI – follow the Step by step process to convert the outstanding bills of Canara Bank credit card in easy EMI at rate of interest as low as 12.96% with lowest processing charges. Canara Bank is offering the various type of credit card […]
EPFO fails to pay interest on time – The Employees’ Provident Fund Organisation (EPFO) decided to postponed the credit interest rate to formal sector workers for 2019-20 under installments, citing the coronavirus pandemic’s impact on its return on investments. But in actual this was due to negative return from the stock markets. The EPFO’s investments […]
Explained – Who is a Beneficial Owner (BO) in the Banking Accounts – As per the guidelines by Prevention of Money-Laundering Act, 2002 and the Prevention of Money-Laundering (Maintenance of Records) Rules, 2005, every Regulated Entities (RE) like banks, insurance companies, stock brokerage firms etc. require to maintain the customer identification procedures while undertaking a […]
Know to reactivate a dormant PPF account – Public Provident Fund (PPF) allows individuals to invest up to Rs 1.5 lakh each financial year. It provides a tax benefit under Section 80C of the Income Tax Act. PPF account has a validity of 15 years and to keep the PPF account alive, the account holder […]
Pay Canara Bank Credit Card Bills Online from Any Bank via NEFT – You can quickly pay off your outstanding balance of Canara Bank Credit Card through NEFT or RTGS from any Bank. The payment can be made using NEFT, RTGS or fund transfer. Syndicate Bank customers can also pay the Canara Bank Credit Card […]
Check out the name of the Banks which have increased the cash handling charges starting 1st August – Bank of Maharashtra, Axis Bank, Kotak Mahindra Bank and RBL Bank have imposed charges for cash withdrawal or increased minimum balance requirements effective August 1. Cash Handling Charges – Bank of Maharashtra A SB (savings bank) account […]
Know the 11 golden reasons to invest in SGBs, Sovereign Gold Bonds (SGBs) scheme, the 2020-21 Series IV – The subscription for the fourth tranche of the Sovereign Gold Bonds (SGBs) scheme, the 2020-21 Series IV, is open for subscription and will close on July 10, 2020. The SGBs will be allotted on July 14. This […]
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