ICICI “The ONE” Savings Account features and a quick review !
ICICI Bank has come up with a “The ONE Savings Account” which is going to benefit the high income/network investors who are looking for better and premium features. Let us understand the features and benefits of this account. Minimum Balance and Eligibility requirement Any salaried or self-employed individual can apply for these accounts as per […]
What happens after the death of bank account holder?
What happens to the orphan bank account once the account holder dies? Have you ever thought how your family members will be able to access and claim the money in the bank if something happens to you? Today we will discuss this aspect and see what exactly happens once a bank account holder dies and […]
Basic Saving Bank Account – No minimum balance required (+ more features)
Do you worry about maintaining the minimum balance in your bank account? If that’s the case, then you will be happy to know that now RBI has mandated all the banks to offer something called Basic Saving Bank Deposits Accounts where there is no minimum Monthly Average Balance (MAB) to be maintained. Let’s know more […]
How your bank calculates Monthly Average Balance ?
Do you understand what is the meaning of Minimum Monthly Average Balance in your saving account? When you say “Monthly Average Balance of your saving bank account is Rs.10,000”, what does it mean exactly? A lot of people feel that their balance in saving bank account should not go below Rs.10,000 on any given day, […]
How to quickly check your bank balance without internet on phone?
Everyone wants to check bank balance and keep a track on their bank accounts. Smartphone’s, internet and banking system together has made this process easier by providing the facility to check your bank account details online. But what in case of those people who don’t have a smartphone or internet connection? Now you can check […]
Should you invest in Corporate Fixed Deposits? Are they safe?
Do you think corporate fixed deposits are as safe as bank Fixed Deposits? Has come agent convinced you that you will get 2-3% higher returns from corporate fixed deposits without any risk? If that’s the case, you need to be educated a little more about corporate fixed deposits. I will talk about 5 major things […]
Now get a short term loan in your Paytm account by ICICI Bank
Paytm, India’s largest mobile payment network has partnered with ICICI bank to provide short term small loans to its users. This is India’s first scheduled commercial bank tie-up with a mobile payment platform, and it is named as Paytm-ICICI bank postpaid. The main motive behind this partnership is to provide 24/7 digital money support to […]
How is Rupay card different from Visa or Mastercard?
Have you heard about RUPAY cards? Today we will talk to them in detail and how they are different from Visa or MasterCard and if you should choose them or not. But before that, let’s understand the background first. What is Visa or MasterCard? You must be already having a debit card or credit card […]
2 reasons why you should stop investing in Fixed Deposits immediately?
Today we will discuss why you need to stop investing in bank fixed deposits. I know you are a bit shocked by this statement, but my only attempt is to give you some understanding of why banks fixed deposits are not the best financial products in these times for your long term wealth creation. There […]
I got a fake phone call from “RBI” and I recorded the audio !
I got a fraud call recently and I was able to record it. The person at the other end was posing as RBI officer and said that because I have not linked my Adhaar card with my bank account, they are getting closed and if I want to save them from not getting blocked, I […]
