Month: April 2016
How to Reduce ATM Transaction Charges in India
The current rules on ATM charges in India came into effect from November 1, 2014, which allows only five ATM transaction in home bank’s ATM and three from other bank’s ATM in a month. Besides, there will be charges levied...
ATM Card, Debit Card, and ATM-cum-Debit Card
There are different types of cards we use on a daily basis; credit cards, debit cards, international debit cards, ATM-cum-debit cards and so. Considering the ATM and debit cards that are easily available with a normal bank accounts, we never think...
Dormant or Inoperative Bank Accounts in India
A report from World Bank reveals that, the dormancy rate in India is as high as 43% and accounts for about 195 million of 460 million adults with a dormant account around the world.
How to Create PayPal Account with Debit Card in India
With the fast growing E-commerce industry and the rising trends in global businesses in India, the use of international payment systems for cross-border transaction has become more prominent.
How to Open Sole Proprietorship Current Account in India?
Sole proprietor means sole owner of a business. Whatever is the nature of business, whether it’s a shop, freelancing job, or taxi drivers agency, if there is only one person who owns the business and handles or manages all the...
Recurring Deposit Account: Features and Aspects
What is Recurring Deposit Account? Recurring deposit is a special kind of term deposit where people can save a fixed amount every month and earn interest. Basically, the purpose of an Recurring deposit account is to inculcate a habit of...