Savings Account

One can open such an account in any private or public sector banks. People are increasingly turning to savings accounts to put their money in instead of fixed deposits. Why Opt For A Savings Account? A savings account offers…

The charges will come into effect from Jan 1. India Post Payments Bank (IPPB) will levy a charge on cash withdrawals and deposits from January 1, 2022. How It Will Work The charges will be imposed on account holders who have…

The finance ministry withdraws yesterday's order of slashing interest rates on small savings schemes. On Wednesday (March 31), the government had slashed interest rates on small savings schemes, including NSC and PPF, for the first…

Overhead ATM fee charged for unsuccessful transaction due to insufficient balance in savings balance, for different banks. Most of the time, we ignore checking our savings account balance, before debiting cash from an ATM. In this…

Now Open A Bank A/c Using Video KYC: Kotak Mahindra Bank Launches India's 1st Zero-Contact Saving A/c In January 2020, the Reserve Bank of India amended the Know Your Customer (KYC) norms and introduced the video-based KYC option to…

ICICI Bank Will Charge Rs 125 Per Transaction From These A/C Holders; Digital Push Is The Reason? We have been heavily covering bank reforms these days, complying to the transient and prominent changes public and private banks have been…

Banks earned Rs 10,000 crore penalty from people who didn't had money It has been registered that about twenty-two scheduled commercial banks (SCB) have collected almost Rs 10,000 crore in the last three years as a penalty for not…

SBI have rolled back the minimum balance limit and maintenance charges they had hiked back in the month of May this year.

Yes Bank, which is India’s 5th largest bank as per market capital, has launched India’s 1st customizable saving bank account. Designed for those banking customers who are stuck with traditional, and orthodox saving account format, this…