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Business Savings Account- Explained
A bank account is a need for any business, no matter how big or small. Due to the lack of transaction limits and the availability of an...
jaspreet1991
Jun 28, 20223 min read
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Plastic Money-Explained
In the world of finance, the term "plastic money" is not a joke. The following is an overview of everything you need to know about it...
jaspreet1991
Jun 28, 20223 min read
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AU Small Finance Bank has hiked interest rates on fixed deposit
Interest rates on fixed deposits under 2 crore rupees have increased at AU Small Finance Bank. The bank is now offering senior people a...
YashJ
Jun 27, 20222 min read
16 views
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In response to recent increases in repo rates, these banks increased the interest on savings account
Following the Reserve Bank of India's (RBI) two consecutive repo rate increases in May and June of cumulative 90 basis points to 4.9...
YashJ
Jun 27, 20222 min read
4 views
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How the July 1 use of tokenization will make your credit and debit cards safer
Your credit and debit cards will be safer to use for online purchases starting on July 1. Payment aggregators, wallets, and online...
YashJ
Jun 27, 20222 min read
3 views
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4 Income tax benefits for senior citizens
Up to 50,000 is exempt from interest payments A deduction of 50,000 for interest is permitted starting in FY 2018–19 under Section 80TTB....
YashJ
Jun 23, 20221 min read
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Debit and credit card OTP rules have changed; be aware of the new rules before making a purchase
The Reserve Bank of India (RBI) has upped the minimum amount limit for payments through debit and credit cards that require e-mandates or...
YashJ
Jun 23, 20222 min read
2 views
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Check the most recent interest rates as Canara Bank announces a new FD tenure
A new fixed deposit (FD) tenor has been added by Canara Bank. On its website, Canara Bank states that it has established a new 333-day...
YashJ
Jun 23, 20221 min read
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These new credit and debit card regulations will take effect from July 1 & October 1 respectively
A few compliance deadlines for banks and card issuers that provide credit and debit cards were extended by the Reserve Bank of India...
YashJ
Jun 23, 20222 min read
3 views
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Fixed Deposit's Quarterly Compounding vs Annual Compounding
Investors who are wary of risk have had a difficult time as interest rates have fallen. Once offering returns of over 8%, fixed deposits...
jaspreet1991
Jun 21, 20222 min read
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Month end Broke Period will end with Reverse Budgeting
With money management, one of the most common statements is, 'if you want to get your finances in order, set a budget!' There are a wide...
jaspreet1991
Jun 8, 20224 min read
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HDFC Limited Raises PLR By 5 Basis Point
The mortgage lender HDFC Ltd has upped its retail prime lending rate (RPLR) on housing loans, which means monthly EMIs are anticipated to...
MyRupaya
Jun 1, 20221 min read
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Tax Benefits of Bank's Fixed Deposits
A bank is a financial institution. Since its inception, the fixed deposit, or term deposit, has always been a popular financial option....
jaspreet1991
May 27, 20222 min read
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Customers can withdraw money from any ATM without card : RBI New Rule
The Reserve Bank adopted a rule on Thursday that allows people to withdraw money from any ATM without a card. National Payments...
YashJ
May 21, 20221 min read
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Repo rate hike costs Home Loans Interest Rates
In response to the Reserve Bank of India's surprise repo rate increase announcement, several banks have raised interest rates on home...
jaspreet1991
May 19, 20221 min read
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As SBI increases MCLR by 10 bps, Loan EMIs to go up
State Bank of India, India's largest public sector bank, has raised its marginal cost of funds-based lending rate (MCLR) by 10 basis...
YashJ
May 17, 20222 min read
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Bank of India (BOI) has revised interest rates on fixed deposits
Interest rates on fixed deposits of less than Rs 2 crore and saving bank deposits have been revised by the Bank of India (BOI). The...
YashJ
May 2, 20222 min read
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Three ways to make the most out of your savings accounts
Create separate savings accounts Kids Savings Accounts, Senior Citizen Savings Accounts, and Youth Savings Accounts are a few instances...
YashJ
Apr 29, 20221 min read
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HDFC Bank ‘Xpress Car Loans’
The country's largest private bank, dubbed 'Xpress Auto Loans,' is offering speedy car loans using a digital interface, which it claims...
YashJ
Apr 29, 20221 min read
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What are Neo banks?
The term "Neo banks" refers to banks that have no physical locations. Neo bank accounts can be opened from the comfort of one's own home,...
jaspreet1991
Apr 29, 20222 min read
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