The Vibe Journal: Finance Blogs

The IDBI Bank balance checking number is one of the easiest options to get your account balance. Apart from this, IDBI Bank offers alternative ways to track your balance: SMS banking Missed call service Net banking Mobile banking You can run an IDBI Bank account balance check instantly using any of these options above. Remember, …

Making a part payment of a personal loan or choosing any of the other prepayment options offers many benefits. It reduces your interest burden and makes you credit-free early. You can choose the right option to increase your savings by understanding how they differ.  Read on to learn the difference between these loan repayment methods. …

Using the balance check number of Union Bank, you can get your account status from the comfort of your home. You can either call or message to get the latest balance. Make sure your mobile numbers have been registered with the bank. You can also use alternative methods to know your account balance. Read on to …

Understanding the meaning of EMI is crucial if you are planning to get loans and credit cards. Since you are repaying in parts and not in a lump sum, EMIs offer a more convenient way to lower your financial obligations with periodic payments. Read on to learn the meaning of EMI, how it works and …

The full form of IMPS in banking is Immediate Payment Service. This fund transfer facility gives you real time updates on your online payments, including bills, fees, tickets, merchants and more. Knowing what is IMPS is important for transferring funds easily as you can use this facility for urgent needs.  However, there are limits, charges and …

Under the Negotiable Instruments Act of 1881, cheque bounce is categorised as an offensive act. If your cheque bounces for any reason, you must face consequences such as monetary penalties, imprisonment or both. It can also impact your credibility and lead to other such negative effects.  Read on to learn about the meaning of cheque …

The option to block your ATM card is one of the ideal options to ensure better protection of your funds. You can rely on this option if:  When you realise your card is not at risk after you block it, you can easily unblock it. This gives you complete access to the funds and ensures …

Wondering what an Issuer Identification Number or IIN is? Well, it’s an important component of payment cards, like credit and debit cards. The number helps identify the card issuer and your card’s processing network. Apart from this, you get to enjoy several other benefits, making this an important part of your payment card. Here’s a …

If your credit card application is declined, it isn’t the end of the world. Nowadays, applying for a credit card is easier, thanks to fintech advancements that allow you to get quick approval from the comfort of your home. Despite the easy access, issuers have specific eligibility criteria that you must fulfil.  All financial institutions …

Reverse repo rate and repo rate set by the RBI are specific monetary policy tools. The policies that govern these rates help manage the country’s overall economy. Specific factors like inflation, currency rate changes and money flow influence these rates.   Read the information below to define repo rate and reverse repo rates and learn how …