Hello, friends, I am new to all this banking and money dealing. So, i want to ask multi questions about this.
1: I want to open saving account in SBI since it does not charge for maintaining minimum balance (QAB, as these bank says.), is there any other bank that does not charge for keeping minimum 100-500 INR? I have these nearest banks in my area, SBI, PNB, HDFC, ICIC, Corporation Bank, Syndicate bank, Axis bank, OBC.
2: Do i have to deposit any amount while opening new saving account in SBI? (Little bit confused hare, I saw ICIC details, their requirment is 5k for urban areas, which i can’t afford to lose in their QAB panlitys charges, They would charge for QAB or MAB, which mean i will lose all my money in bank over many month or year for not maintaining amount, am i right?
3: What is the maximum vality for keeping saving account active if i don’t deposit any amount in SBI?
4: What is payment gateway?
5: If i do freelancing or blogging, what would be the best option to recive payment from clients or google via paypal or directly bank?
6: I saw payment options at BSES website, the payment as they say are, “Bill payment kiosk”, “Credit Card/Net Banking (it isn’t debit card for same purpose?), “Pay Outlets -> Oxicash, Easybill”, “ITZ Cash”. So, what is the difference between them? which would be best for no extra charge and safe?
7: Which whould be best option for payment in morestore, by cash, debit card, credit card or their clubmore card?
8: From SBI Branch locator it found two branches near my area, these two branch are different types, one is REGULAR and other is AGRI DEV BRANCH, AGRI DEV branch is older than regular, what are diffrence between these branches? Which one would be best? Can i open account in any of these two branches?
9: Should i get credit card?
10: Overall which bank would be best choice for online foreign or domestic transaction, freelance or blogging, online bill payment, payment for goods either online or offline, travelling, any kind of tickets? Or should i open account in multiple banks according to their certain best services?
11: Any other tips for do and don’t? And other account for long term savings?
12: Would you recommend any article and book of banks and all that money stuff for novice like me?
Thank you.