From tax-saving tips, ways to manage your loan to personal finance — this is the ultimate finance blog for all your queries.
Online transactions are now the new norm. This is particularly so for younger generations who are technologically savvy. Nevertheless, paper-based transactions such as cash deposits remain a common banking practice. Cash deposit slips must be completed when you make a physical cash deposit into an account. It is for this reason that you should know …
Cheques and demand drafts (DDs) are traditional banking instruments used to make payments in India. Although both can transfer money without using cash, they work differently. A cheque is issued by an account holder and depends on the availability of funds in that account, while a demand draft is issued by a bank after receiving …
You can close your bank account, be it savings or current in a very few simple steps. Closing a bank account isn’t something we do often. However, knowing how to go about it can help when you’re planning to. Whether you’re switching banks, moving cities or just don’t need the account anymore, the process is …
Managing multiple financial accounts can be challenging and pose difficulties as daily responsibilities can easily lead certain accounts to become dormant. Accounts placed in this state become dormant or inactive during this process. To manage finances effectively, you must distinguish between active and dormant accounts. Inactive and dormant accounts show similar traits, yet they differ …
Running a small business comes with many responsibilities and one of the most important ones is tax planning. Managing taxes properly can help businesses save money, avoid penalties and keep finances stable. But tax rules can be tricky and that’s where banks come in. They offer expert advice, special accounts and easy-to-use tools to help …
If you run a business, accepting online and card payments is a must. A merchant account makes this process smooth, helping you manage transactions easily while improving cash flow. Whether you own a small shop or an online store, setting up a merchant account ensures hassle-free payments. Read on to know everything about merchant accounts, …
Ever wished managing your finances was as easy as ordering food online? That’s what Open Banking brings to the table! It allows banks to share your financial data with your consent to trusted apps. It helps in making budgeting, loan approvals and payments smoother than ever. But how does it work and what’s in it …
Retail banking is basically for people and Corporate banking is for businesses. That’s the difference between retail and corporate banking in one line. But if you’ve ever wondered why your salary account works so differently from how a company manages its finances, there’s more to it than just ‘who uses it.’ When people search for …
This article explains what Small Finance Banks are, lists all 11 SFBs operating in India in 2026, compares their savings and FD interest rates, and shows how they differ from commercial banks. India currently has 11 operating Small Finance Banks (SFBs), regulated by the Reserve Bank of India (RBI), after Fincare Small Finance Bank merged into AU Small Finance …
Your bank account number is important in terms of taking care of your money and keeping track. You need it at various places like getting your salary, paying bills, sending money to someone, or setting up a plan to pay back a loan. Your bank account number is necessary for every money transaction you make. Sometimes people forget where they put their …