Banking Blogs

Cheque bounce charges are a penalty that you must pay when the cheque fails to provide the promised amount. Writing a cheque is an agreement to pay the mentioned sum bound by the law. So, when you cannot honour it, these charges are a result.  This may happen when your cheque payment is not cleared …

Choosing a pay order vs demand draft depends on your payment requirements and several other factors. While these banking instruments serve the same purpose, they differ in their key features. This includes clearance time, amount, acceptability and more. Although their use has reduced over the years, several merchants and individuals still rely on them. As …

Knowing what is the MMID code for your account makes sending and receiving funds instantaneous, thanks to the Immediate Payment Service (IMPS). This is a fund transfer facility offered by the National Payments Corporation of India (NPCI).  With the growing popularity of online banking options, you don’t need a bank account number and IFSC code …

A post-dated cheque is a negotiable instrument that promises payment for future dates. When writing this cheque, the drawer adds a future date for encashment based on the need and fund availability.  Thus, a post-dated cheque comes with a validity period specified by the law. Knowing about this type of payment method ensures that you …

Choosing between IMPS vs NEFT electronic fund transfer options depends on multiple factors. These two options serve the same goal of making convenient fund transfers but have many distinct features and benefits.  Old-school fund transfer methods allow you to send and receive a higher amount through multiple channels. Therefore, many private and government agencies rely …

To keep track of the money available in your savings account, you can conduct a balance check in Punjab National Bank. You only need to know the toll-free numbers and other alternative options to review your transactions.  Knowing about these options will help you quickly initiate a Punjab National Bank balance enquiry. Various Methods for …

The Central Bank of India balance check process is simple and straightforward. You can check your account balance easily at any time. Here are a few easy options to check your CBI (Central Bank of India) account balance.  Call Customer Care Call any of these toll-free numbers to get your account balance as a Central …

Keeping track of your bank balance is essential for managing your finances. Axis Bank offers several convenient ways to check your balance, including a dedicated balance enquiry number. With just a missed call or an SMS, you can get instant updates on your account balance without visiting a branch or ATM.  Read on to know …

The IDBI Bank balance checking number is one of the easiest options to get your account balance. Apart from this, IDBI Bank offers alternative ways to track your balance: SMS banking Missed call service Net banking Mobile banking You can run an IDBI Bank account balance check instantly using any of these options above. Remember, …

Want to check your Union Bank account balance without any hassle? You can just use the Union Bank balance check number. Simply call or send a message and you’ll get your latest balance instantly. Just ensure that the mobile number you are using is registered with the bank. You can also explore other easy ways …