India’s largest public sector bank SBI has changed IFSC Codes and names of nearly 1,300 branches in the country’s major cities owing to its merger with five associate banks and a ‘Bharatiya Mahila Bank’. The merger of five associate banks and Bharatiya Mahila Bank (BMB) with State Bank of India came into effect from April…
State Bank of Mysore was a nationalised Indian Bank. The bank had its headquarters based in Bengaluru and was one of the five associate banks of the State Bank of India. Recently, the names and IFSC codes were changed after State Bank of India merged its associate banks into itself including State Bank of Mysore….
Do you have an SBI ATM card? Is there no EMV chip on your ATM-cum-Debit card? If your answer is in affirmative, you will have to get your ATM card replaced with the new EMV chip-enabled SBI debit card by December 31st, 2018 according to a tweet by the country’s largest bank. As per a…
Top Zero Balance Savings Accounts Banks Zero Balance Savings Accounts Interest Rate (up to ₹ 1 Lakh ) Kotak Mahindra Bank 811 5% Axis Bank ASAP Zero Balance SA 3.5% DBS digiSavings 6% Standard Chartered Bank Aasaan Account 3.5% State Bank of India BSBDA 3.5% ICICI Bank BSBDA 3.5% IDFC Bank Pratham 4% IndusInd Bank Basic…
Regular savings accounts offered by various banks in India require customers to maintain a certain amount of money as the minimum average balance every month. The minimum balance requirement depends on the location of the customer (metro, urban, semi urban and rural) and the diverse types of savings accounts offered by the banks. Customers who…
People having their savings accounts in various banks have to maintain a certain sum of money in their bank accounts. When this account balance falls below the required threshold amount, the bank levies a penalty on the account holder for failing to meet the requirements. If you also find it difficult to maintain the required minimum balance…
On Nov 7, 2017, the State Bank of India tweeted the launch of two savings accounts (Pehli Udaan and Pehla Kadam) for children. Pehla Kadam is meant for children below 18 years of age and Pehli Udaan will be for to children above 10 years of age. The aim behind launching the savings accounts […]
To promote digital economy, HDFC bank has made RTGS and NEFT transactions free of cost and cheque-related transactions costly. The bank has revised RTGS and NEFT online transactions fees and charges for savings, salary and non-resident accounts. As per the bank, nothing will be charged from customers for RTGS and NEFT online transactions from November […]