Category: Banking

Imagine waking up one morning to find out you can’t withdraw your own money from the bank. That’s exactly what happened to customers of New India Co-operative Bank, leaving them in shock and panic. The Reserve Bank of India (RBI) imposed strict restrictions on the Mumbai-based bank, including a six-month ban on withdrawals, raising concerns […]

In the banking industry, Line of Credit (LOC) is a widely acknowledged term. Basically, an LOC is a financial agreement between a lender and a borrower that presets the borrowing limit. The borrower can use the funds whenever needed, repay them over time and borrow again if required. Both personal and business customers of lending […]

Whether you’re shopping online, booking tickets, or paying bills, a RuPay credit card ensures seamless transactions while giving you the flexibility of credit. What is RuPay Credit Card? Imagine having a card that gives you the freedom to buy what you need today and pay for it later—that’s exactly what a RuPay Credit Card offers! […]

When it comes to managing your finances, especially with vehicle ownership, understanding foreclosure car loans is key. Simply put, a foreclosure car loan is when you pay off your car loan early, before the loan term ends. This can be done either by making a one-time lump sum payment or by speeding up your payments […]

BOI’s full form is Bank of India. It is a public sector bank. Like any other nationalized bank in India, it allows its customers to start a fixed deposit (FD). Both domestic and NRI customers can start an FD with BOI.  To find out BOI fixed deposit rates for domestic/NRO accounts, read this article. About […]

India’s largest bank, SBI, is here to offer you a range of debit cards tailored to fit your needs. With an SBI debit card, you not only gain access to our extensive ATM network but also enjoy seamless transactions at various online and offline merchants. Cards Accepted at SBI ATMs and ADWMs State Bank ATMs […]

As we step into 2025, the banking sector is witnessing a profound transformation driven by technological advancements and evolving customer expectations. The focus on security has never been more critical, as financial institutions strive to protect sensitive data while providing faster and more efficient services like depositing money in SBI ATM In today’s fast-paced world, […]

Cooperative banks are a cornerstone of India’s financial system, especially when it comes to empowering farmers and bringing financial services to every corner of the country. But what exactly are cooperative banks, and why are they so important? In this guide, we’ll explore their structure, the different types, and how they operate. We’ll also break […]

Imagine this: you’re juggling multiple things—paying bills, managing subscriptions, repaying loans—and life feels like an endless cycle of reminders. Wouldn’t it be great if some of these tasks could just happen automatically, without you lifting a finger? That’s where e-Mandate registration steps in, making your financial life smooth and hassle-free. In this article, let’s unpack […]

The banking industry has witnessed remarkable transformations over the years, moving from traditional models to embracing modern technology. Today, consumers have the choice between conventional banks with physical branches and online-only banks that operate exclusively in the digital space. While both serve the same core purpose, they cater to different needs and preferences. This article […]