Investing in government securities in India has never been easier for non-resident Indians (NRIs) thanks to the Reserve Bank of India’s (RBI) innovative initiative, the RBI Retail Direct platform. This user-friendly platform eliminates the hassle of brokerage fees, commission charges, annual maintenance fees, and account opening fees. It enables NRIs to invest in a range…
Every senior citizen seeks to secure their savings with high returns while minimizing risks. Fixed Deposits (FDs) are a popular choice among senior citizens due to their dependable returns, liquidity options, and safety. In India, certain Small Finance Banks (SFBs) continue to offer interest rates exceeding 9% to senior citizens on their FDs. These banks…
To boost its tourism industry and attract more visitors, Thailand has recently implemented a significant policy shift. Starting next month and continuing until May 2024, the country will waive visa requirements for travelers from India and Taiwan. This strategic decision is expected to have far-reaching implications and is perfectly timed to coincide with the peak…
Hey there, fellow HDFC Bank cardholders! If you’re the lucky owner of either a Regalia or a Millennia credit card, we’ve got some exciting news for you. HDFC Bank is all set to roll out some changes to these two popular credit cards, and it’s happening on December 1, 2023. So, grab your favorite travel…
Aadhaar, the unique identification number issued by the Unique Identification Authority of India (UIDAI), has become an essential document for Indian residents. It is used for various purposes, including identity verification and availing government services. In recent times, UIDAI has introduced a new service that allows Aadhaar holders to obtain a durable and convenient Aadhaar…
In a significant financial development, AU Small Finance Bank and Fincare Small Finance Bank are all set to merge their operations. The merger, slated to take effect from February 1, 2024, subject to the requisite approvals, promises to bring about a series of changes. If you are among the customers who have savings accounts, fixed…
Hey there, dear readers! Imagine a world where pensioners can complete their annual life certificate submissions without the hassle of long queues or endless paperwork. Sounds like a dream, right? Well, dream no more because it’s now a reality, thanks to the Jeevan Pramaan initiative. We’re here to guide you through the whole process in…
The Employees’ Pension Scheme (EPS) is a critical social security program offered by the Employees’ Provident Fund Organisation (EPFO) in India. It aims to provide financial security to employees during their retirement years and is available to those earning salaries up to Rs. 15,000. One of the essential requirements for EPS pensioners is to submit…
With the festive season of Dussehra just around the corner, it becomes crucial to stay informed about the bank holidays in your state. This way, you can plan your financial activities accordingly. It’s worth noting that banks all over India will be closed on different dates in October due to the regional festivals and celebrations…
In today’s ever-changing world, it is of utmost importance to protect our precious belongings, including the items stored in bank lockers. These lockers not only hold significant monetary value but also safeguard cherished heirlooms, important legal documents, and irreplaceable jewelry. The emotional attachment and financial significance of these items cannot be understated. Understanding bank locker…