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Group your family members savings accounts

November 3, 2012

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You and your spouse has the savings account in the same bank. You also planning to open another account for your son in the same bank. DO you know that, all the savings bank account in the same bank can be clubbed together into the single customers id for the easy access for the family?. [...]

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Savings Account number Portability

June 13, 2012

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Finance Ministry is working on providing the savings account number portability for the bank customers. Customers of a bank can open account in another bank without changing their bank account numbers. It is very much similar to the mobile number portability. If this feature is implemented in India, unhappy customers can easily switch to another [...]

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Savings Bank interest rates deregulated

November 12, 2011

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In my earlier posts I have informed the readers that the deregulation of the savings banks account is in the progress. The intention of setting the savings bank interest rates by the banks itself would intensify the competition among the banks and the interest rates would go up. It will be beneficial to the customers. [...]

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How to better utilze the savings bank account?

August 6, 2011

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Have you ever inquired about the suitable bank account from your banker? or ever had a thought on multiple savings bank options.   It is very rare or lack of knowledge on the different savings bank account options to the customers. Without considering their needs everyone open the normal savings banks account.  But, the fact is [...]

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What is auto-sweep facility in savings bank account?

July 29, 2011

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Are you busy and not having enough time to effectively utilize the idle money in the savings bank account?. Then, this article would provide you a useful tips to utilize the auto-sweep facility available  in most of the banks to maximize the returns for your idle money. This article explains about the auto-sweep facility and [...]

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Different Types of NRI Bank Accounts

October 27, 2009

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In this article I will be writing about the different types of Non-Resident Indian(NRI) bank accounts and services. It is the most common query which I receive from our readers. So, I planned to write down one article explaining the details about the NRI bank accounts. I hope this article will be useful for who [...]

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Online Banking in India- Part 1

March 25, 2009

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Introduction In this article I will be writing about the online banking systems in India and the features available with different banks across India. If you look into the modern age of banking , online banks or net banking made things much easier for the people and saves lot of time. The traditional way of [...]

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