Current bank account is opened by businessmen who have a higher number of regular transactions with the bank. It includes deposits, withdrawals, and contra transactions. It is also known as Demand Deposit Account. Current account can be opened in co-operative bank and commercial bank. In… Read More »Current Account in India：Features and Advantage
Question 1: I have a PAN but I have lost it. Can I get a new e-PAN through Aadhaar? Resolution: No. This service can only be used if you do not have a PAN, but have a valid Aadhaar and your KYC details are updated.… Read More »Instant e-PAN FAQ
What Is the RBI The Reserve Bank of India (RBI) is the central bank of India, which began operations on Apr. 1, 1935, under the Reserve Bank of India Act. The Reserve Bank of India uses monetary policy to create financial stability in India, and… Read More »What Is the RBI and How It Works
India is the most populous country in the world. Let’s explore how to open a bank account in India. Requirements to Open a Bank Account In India, where the government is working toward digitizing the whole banking infrastructure with the help of IndiaStack, the largest… Read More »How to Open a Bank Account in India
Bank accounts help you keep your money safe. At the same time, they also help you compound your investment or savings by allowing you to earn interest on your deposits. Banks operating in India fall under four categories: private banks, public sector banks or nationalized… Read More »Types of Bank Accounts in India