FAQ

Every bank offers many facilities to their customers through which they manage their finances. Line of Credit is also one such facility that is offered by the banks to their customers. Line of credit is a credit facility that is offered to...

Many individuals might have come across the term repo rate in banking but they might be unaware of the meaning and other details of a repo rate. The repo rate is basically an interest rate that is charged by the central bank of a country on the...

A savings account offers you many facilities like keeping your money safe, interest rate, easy withdrawals, and many others. Similarly, if you open a savings account at the Post Office then you can earn an interest of 4% every year. You can have...

When an individual wants to save money with the bank then he has to open a savings account. If we talk about India then many individuals want to open their savings account with the State Bank of India because it gives you a lot of facilities....

People spend their lives earning and saving money for their future. But it is difficult to keep your savings in cash at home. Therefore, you will need a savings account to put your money with the bank. You must know what is savings account in...

Many frauds take place in India every year and the majority of them are on credit cards. Therefore, the banks have made credit card transactions more secure by introducing authentication through OTP. But do you know what is OTP in credit card...

There are many people in India who have heard about credit cards but they don’t know what is credit card in simple words. Here you can see the meaning of a credit card including the benefits and cons of using it. Well, a credit card is a...

Every individual needs a PIN to access and use a credit card. You can make a single transaction from your credit card unless and until you have a PIN or verify the transaction through OTP. Therefore, it is the first step to generate the PIN as soon...

Whenever a person wants to upgrade his credit card then he wishes to close or cancel the current one. It is not easy for an individual to manage multiple credit cards therefore it is better to close them. So, if you are having an ICICI bank credit...

Many individuals in India block their credit cards in a hustle and later on then find it somewhere. So, they get into a problem because they can’t use the found card as it is already blocked. Well, you should not worry about that because you can...