Explore our banking category blogs to read insights, latest trends, and essential tips on Banking. Enhance your knowledge in the Finance and Banking Industry.
NEFT full form is National Electronic Funds Transfer. Whereas, RTGS full form is Real Time Gross Settlement. Both NEFT and RTGS are electronic payment systems that allow users to transfer their money from one bank account to another bank account. However, both of them differ from each other. Let’s check out all the key differences […]
The Cash Deposit Machine, better known as Automated Deposit cum Withdrawal Machine (ADWM) is an ATM-like machine that allows you to deposit cash directly into your account using the ATM cum debit card. You can use this machine to instantly credit your account without visiting the branch. The transaction receipt also gives you your updated […]
If you are looking to avail any kind of loan, the most important thing to consider is the interest rate at which you will borrow the money. There is a general perception that the higher the interest rate, the bigger the EMI you would pay. So, for anyone looking to take a loan, it is […]
In any kind of financial transaction, people remain cautious about fraud that could lead to the loss of money. And, it tends to turn riskier when the transaction is being done online. Every day we come to know about numerous online frauds related to financial transactions in newspapers and online publications. This makes people worry […]
In today’s financial landscape, banks tend to play an important part when it comes to offering multi-faceted financial services to both people and corporations. Mostly, they act as a link between money and people by taking deposits and offering loans. There are two main sections where banks can be divided: public sector banks and private […]
Whether you are a salaried person, a businessman, a housewife, a pensioner, or anyone else, having a savings bank account is one of the basic necessities of life in terms of finance. A savings bank account is not just meant to help in investing. This type of bank account can be opened by both individuals […]
In any significant financial dealings even in today’s world of digital transactions, plastic currency and cashless transactions, the Cheque reigns supreme as it possesses all these qualities to a huge extent. It is a type of form that the bank issues to the individual on demand. The individual issues it to the concerned and the […]
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