Category: Breakingnews

Minimum Balance Rules, Penalty For Insufficient Balance Of Key Banks Explained

Regular savings bank accounts require customers to maintain a certain average monthly balance (AMB) every month. Leading banks such as State Bank of India (SBI), HDFC Bank and ICICI Bank have fixed their monthly average balance requirements according to the location of a customer’s account in urban, metro, semi-urban and rural areas. Banks charge a penalty from

India Post Payments Bank interest rate, branches, services of country’s banking ‘milestone’ explained

India Post Payments Bank (IPPB): Prime Minister Narendra Modi today launched the India Post Payments Bank (IPPB) at Talkatora Stadium in New Delhi. An official statement of the government says, “IPPB has been envisioned as an accessible, affordable and trusted bank for the common man, to help speedily achieve the financial inclusion objectives of the

How to check PNR status using WhatsApp

Till sometime back, checking your 10-digit PNR or live train status was a tedious job. As train passengers were required to call on the Indian Railway’s reservation enquiry number ‘139’ or had to check ICRTC’s website for updates (which too was not easy). To simplify the process, Indian Railways recently announced partnership with online travel

Post Office Fixed Deposit, Recurring Deposit, Monthly Income Scheme Interest Rates Compared

India Post, which also offers banking services besides postal services, offers several savings schemes for small savers. Much like banks, post offices across the country offer the facility of fixed deposits and recurring deposits. The monthly income scheme or MIS of post offices offers a regular income to savers. The interest rates on post office

Post Office Fixed Deposit, Recurring Deposit, Monthly Income Scheme Interest Rates Compared

India Post, which also offers banking services besides postal services, offers several savings schemes for small savers. Much like banks, post offices across the country offer the facility of fixed deposits and recurring deposits. The monthly income scheme or MIS of post offices offers a regular income to savers. The interest rates on post office