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SBI OTP Based ATM Cash Withdrawal – The menace of unauthorized ATM Cash transaction has forced the India’s largest bank to introduce OTP based ATM withdrawal. The One Time Password (OTP) based withdrawal may minimise the number of unauthorised transactions happening on SBI ATMs. State Bank of India announced the launch of OTP-based ATM Withdrawal […]
New PPF Rules – The government recently announced many changes in PPF rules for benefit of account holders. The new PPF rules relate to deposits, loans and premature withdrawal. Public Provident Fund or PPF accounts have a maturity period of 15 years and the government announces interest rates for each quarter. For the current quarter, […]
RBI introduces new Prepaid Payment Instrument (PPI) for small retails payment like groceries, local shops etc – Reserve Bank of India (RBI) has launched a new digital payment PPI instrument for digital transactions of small value belong to grocery, local shops etc. The maximum limit fixed for new PPI is Rs 10,000 per month and […]
There will not be any charges on NEFT and RTGS done through the saving account. Recently RBI had made National Electronic Funds Transfer (NEFT) system 24×7,in addition to this the Reserve Bank of India (RBI) has now instructed banks to make all online payments done through NEFT and RTGS free of cost for savings account […]
NEFT interbank transfer is now available 24X7, mandated RBI – No more rush for NEFT transactions now. It will be available 24X7 as like IMPS. Reserve Bank of India (RBI) has allowed National Electronic Funds Transfer (NEFT) facility available for 24 hours a day and 365 days a year. So far, we could transfer money […]
FASTags implementation updates – In a relief to travelers, the government has extended the mandatory FASTag implementation for further 30 days till 15th Jan 2020. Further, the government also announced to convert up to 25 per cent of FASTag lanes at national highway toll plazas to hybrid lanes for a month. The hybrid lane will […]
LIC Income zoomed by 14000 crore from Indian Stocks market – Life Insurance Corporation of India (LIC), the country’s largest financial institution with a corpus of over Rs 31 lakh crore, has booked a profit of over Rs 14,000 crore from the stock market during the April 1-November 15 period of the current financial year. […]
RBL Bank Credit Card Bill Payments using UPI – a hassle free payment method for paying the RBL Bank credit card dues instantly. Pay RBL bank credit card dues using UPI in easy steps. Follow the below mentioned steps to Pay RBL Credit Card Bill using UPI. Read – How To Pay SyndicateBank Credit Card Bills […]
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