State Bank of India has introduced an excellent scheme for its customers called the Multi Option Deposit Scheme (MODS). This scheme is a superior investment option compared to a Fixed Deposit. Let’s explore this scheme further. Many individuals invest in Fixed Deposits (FDs) to secure a stable income through interest. To attract investors, numerous banks … Read more
The number of people saving money is on the rise. Individuals increasingly set aside a portion of their income, regardless of its amount, to meet changing financial and future needs. Various saving schemes are available to assist them in this effort. One notable option is the “Har Ghar Lakhpati” recurring Deposit Scheme offered by SBI, … Read more
In the world of banking and finance, the salary slip is one of the most critical documents for employees. It is a concise record that provides comprehensive details about your earnings, deductions, and other financial aspects of your job. State Bank of India (SBI) is the largest commercial bank in India, with over 44,000 branches … Read more
In today’s fast-paced world, convenience and ease of access to your finances are essential. That’s where SBI Salary Accounts come in. SBI, India’s largest bank, offers a variety of salary account packages designed to meet the needs of different sectors, including government employees, corporate employees, and defense personnel. Generally everyone has accounts in different banks. … Read more
If you are a State Bank of India customer who has recently received an ATM card and wants to activate it, you can activate your SBI ATM Card online using the Yono app without visiting the bank. The good news is that SBI lets you activate your ATM card online through its Yono app. In this page, … Read more
If you’re looking for a steady return on your savings, investing in a Fixed Deposit (FD) can be an intelligent choice. Fixed Deposit schemes can provide good income through interest earnings. If you’re interested in a short-term investment that yields higher profits, a SBI 400-day scheme may be a beneficial option. Let’s explore the advantages … Read more
Senior citizens enjoy more benefits than the general public, particularly regarding central government schemes and bank fixed deposits. They receive higher interest rates, typically 25 basis points to 75 basis points more than regular citizens. While many investment options are available, senior citizens tend to prefer risk-free investments, opting for fixed deposits in banks or … Read more
When we move to different cities, we often need to change our bank accounts to a local branch. If you’re in this situation and want to transfer your SBI account, you can easily do so without the hassle of visiting the bank multiple times. Unlike in the past, the online process eliminates the need to … Read more
Life insurance is essential today, as it financially supports a policyholder’s family in case of unforeseen events. While traditional savings policies offer limited coverage, term life insurance policies deliver substantial protection. However, a common concern is that the premium paid for term policies is non-refundable, which causes many people to hesitate to purchase them. SBI … Read more
Many individuals seeking stable returns without risk invest in fixed deposits. Several non-banking financial institutions, including banks and post offices, offer fixed deposits. However, most people prefer to invest in well-established banks like the State Bank of India (SBI). Before depositing your money in SBI, you should know a few things. SBI has recently revised … Read more