The Vibe Journal: Finance Blogs

Your mobile number is your key to all the important banking updates, from transaction alerts to receiving OTPs. But what happens if you switch to a new number? Missing out your bank account details is not an option. The good news now is that updating your number is quick and easy — you can do …

Do you worry about your bank cheque ending up in the wrong hands? With a cross cheque, you do not have to anymore. It adds an extra layer of security to your payments, making sure the money goes only to the intended recipient. Unlike regular cheques that can be cashed at the bank counter, a …

Transferring money across borders has never been easier. Whether you need to support your family, pay tuition fees or cover international expenses, there are now multiple safe and convenient ways to send money internationally.  Read on to learn everything about what it is, what are the steps involved and how beneficial it is. What is …

Gone are the days when you had to travel long distances just to withdraw cash. Thanks to Micro ATMs, banking services are now more accessible, especially in rural and remote areas. These small, portable devices allow you to withdraw money, check your balance and even make transactions. You can do all of these without visiting …

An important area of financial management is the rules regarding bank dealings, especially cash deposits. To adhere to RBI guidelines, every bank sets limits and policies for cash deposits in savings accounts. These rules have been set to follow the legal rules governing finances and avoid misuse. Read and learn more about the cash deposit …

The banking world is always changing and the term ‘bad bank’ has gained serious importance, especially during financial crises. But what exactly is a bad bank and how does it work? A bad bank is a financial institution set up to take over and manage non-performing assets (NPAs) or bad loans from struggling banks. Simply …

If I send money to wrong account, can I get it back? It’s a common worry in today’s world of fast digital payments. One small error, and suddenly the amount transferred to wrong account becomes a stressful situation. But don’t worry, there are ways to fix it. The key is to act quickly. Contact your …

Linking your mobile number to your bank account is necessary in today’s digital world. It helps you receive transaction alerts, OTPs for secure online banking, any bank updates and also safeguards against fraud. Whether you want to link your mobile number to a bank account online or update it offline, the process is simple and …

The worst thing that can happen to anyone is misplacing their credit card or discovering that it has been stolen. According to the new RBI rules, card issuers must promptly block a lost card upon notification and give comprehensive instructions on reporting theft, loss or unauthorised use of a card or PIN. On the other …

Thinking about installing solar panels but unsure how much space you need? Don’t worry, it’s easier than you know! The area depends on your electricity needs, panel size and most importantly sunlight availability. A simple calculation can help you figure out the right setup. Read more to understand it step by step so you can …