Every bank wants their customers to keep a minimum balance either on a monthly or a quarterly basis in their savings account. If you fail to keep the minimum balance in your savings account, then you might be liable for some penalty charges. However, every bank has different sets of minimum balance rule though. Every savings account rule says that…
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What will happen if a cheque gets bounced and what are the penalties?
The computerized payment framework is picking up a considerable measure of popularity nowadays, which is just a sign of nation moving towards the digitization of payment without breaking or day to day work routine. Despite the fact that computerized payments are getting huge one ought not to disregard the procedure which was pursued to exchange cash starting with one financial…
Read MoreOwn a debit card? You should know about its charges too
Your bank provides you various facilities like ATMs, online money transfer etc. but how does bank benefit from these services? Other than the interest that bank charges on the loan provided it also charges you with some fees and file charges in order to keep providing you these services. Benefits of debit cards- The card is encrypted with a 4…
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