The Reserve Bank of India (RBI) releases a list of bank holidays every month, and consumers should plan their banking activities in consideration of these holidays to avoid wasting time and potential financial loss. Name of the holidays Bank Holidays website https://rbi.org.in/ Check Holiday Dates Bank Holidays Bank Holidays List of Bank Holidays in April … Read more
The Reserve Bank of India (RBI) recently conducted a monetary policy review (MPC) and decided to cut the repo rate by 25 basis points to 6.25 percent. This reduction will lower interest rates on home loans for both existing and new borrowers, providing an opportunity for refinancing at a more favorable rate. Home loan refinancing, … Read more
Many people dream of pursuing higher studies abroad. However, with the rupee depreciating to a record low against the dollar, paying tuition fees has become a significant burden, even for wealthy families. In this context, taking an education loan can be a viable option. If you plan to take one this year for studies abroad, … Read more
In this digital age, managing your finances has become more accessible than ever, thanks to services like Paytm Postpaid. However, there may come a time when you need to close your Paytm Postpaid Account. Whether you’re closing your Paytm Postpaid account for financial reasons or switching to a different service, this guide will walk you … Read more
Know why PAN card is mandatory for cash deposits in bank account. Learn about the rules, benefits, and how this impacts your banking experience. In India, the government has made it mandatory to use a PAN card for various financial cash transactions at banks. Introduced by the Income Tax Department, the PAN card is a … Read more
In today’s world, cash payments are becoming increasingly rare, as most transactions are done online. For example, if you buy chocolate for 2 rupees, merchants often ask you to scan it and pay the exact amount to avoid giving a change. Several payment apps, like Google Pay, PhonePe, and Paytm, facilitate online payments. Typically, you … Read more
HDFC Bank, our country’s largest private sector bank, has started accepting deposits under the ‘Senior Citizen Savings Scheme’ (SCSS). Although the SCSS is not a new scheme and has been available for many years, it is a public sector initiative supported by the Government of India. Recently, HDFC Bank has begun offering this scheme for … Read more
Are you a Bank of India employee looking for a convenient way to access your salary slip? Look no further! The Bank of India Employee Parivar Portal offers a user-friendly platform to download your pay slip. The Bank of India (BOI) provides its employees with a digital salary slip every month. This document is essential … Read more
Owning a home is a significant milestone for many in India, but the journey to homeownership can be challenging. There are numerous hurdles to finding the perfect property and saving enough money. Fortunately, several banks and financial institutions now offer home loans, making it easier for individuals to achieve their dream of owning a home. … Read more
There are two main types of personal loans: secured and unsecured. If you’re unsure about which type to apply for, it’s important to understand their differences. Some banks and non-banking financial companies (NBFCs) offer personal loans without requiring collateral, while others do not provide loans without collateral. Deciding which option to choose is ultimately up … Read more