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An overdraft facility is short-term pre-approved loan offered by banks and financial institutions that are granted banking rights by the central bank
SC had directed the RBI to provide information pertaining to the functioning of all banks under the RTI Act
The bank may not be able to provide same-day doorstep banking services, especially if the requests are raised after banking hours.
Nainital Bank has 162 branches across five states of north India — Uttarakhand, Uttar Pradesh, Delhi, Haryana and Rajasthan.
According to Adhil Shetty, CEO and co-founder, Bankbazaar.com a special power of attorney in favour of a family member or friend can help in this case
Most people are not too aware about asset planning and their successors might face challenges afterwards
As of March 2021, retail loans were about 29% of the total outstanding across the banks
CDSL got around 1.5 crore new demat accounts only in the last 10 months while it had reached 2.5 crore from 1 crore between Sep 2015 and Aug 2020
The tenure of a land loan can be maximum up to 15 years while it is available for a period of 30 years in the case of home loans
Whoever is offering you a higher interest rate than the prevailing risk-free rate, you must look at the difference and the reason for the same