More than 70% Indians are now inclined towards digital banking since the outbreak of Covid-19 pandemic
Debit card users are also eligible to get attractive free benefits from banks.
The amount left unclaimed will attract a rate of interest as applicable to savings account or the contracted rate of interest on the matured TD
A savings bank account is the most basic instrument and is considered the primary step of financial inclusion
Fixed deposits: Interest rates on FDs are almost always higher than savings accounts
These changes in the past 10 years have evoked varied reactions from taxpayers
To keep a bank account active, an individual should do transactions on a regular basis
Punjab National Bank is the first public sector bank in the country to launch video-KYC service
As per the new amendments in the post office account scheme, the penalty of Rs 50 has to be paid by the account holder if the minimum balance remains
Idle saving accounts with poor features should be done away with as continuing with them can result in opportunity loss of generating higher returns f