Banking Blogs

Wondering, ‘Can I transfer money from an ATM?’, the answer is yes and this option can come in handy when you don’t have internet access and don’t want to make a branch visit.  Moreover, it’s an easy process very similar to withdrawing cash. That’s not all. Most banks also provide a plethora of services, making …

mPassbook or mobile passbook is a facility banks provide to their customers, allowing them to keep track of their accounts. It connects your savings account or current account to your mobile, allowing you to access your statement of account instantly and remotely. This means you can know your account status anytime, without making any branch …

Cheque bounce charges are a penalty that you must pay when the cheque fails to provide the promised amount. Writing a cheque is an agreement to pay the mentioned sum bound by the law. So, when you cannot honour it, these charges are a result.  This may happen when your cheque payment is not cleared …

Choosing a pay order vs demand draft depends on your payment requirements and several other factors. While these banking instruments serve the same purpose, they differ in their key features. This includes clearance time, amount, acceptability and more. Although their use has reduced over the years, several merchants and individuals still rely on them. As …

Knowing what is the MMID code for your account makes sending and receiving funds instantaneous, thanks to the Immediate Payment Service (IMPS). This is a fund transfer facility offered by the National Payments Corporation of India (NPCI).  With the growing popularity of online banking options, you don’t need a bank account number and IFSC code …

A post-dated cheque is a negotiable instrument that promises payment for future dates. When writing this cheque, the drawer adds a future date for encashment based on the need and fund availability.  Thus, a post-dated cheque comes with a validity period specified by the law. Knowing about this type of payment method ensures that you …

Choosing between IMPS vs NEFT electronic fund transfer options depends on multiple factors. These two options serve the same goal of making convenient fund transfers but have many distinct features and benefits.  Old-school fund transfer methods allow you to send and receive a higher amount through multiple channels. Therefore, many private and government agencies rely …

To keep track of the money available in your savings account, you can conduct a balance check in Punjab National Bank. You only need to know the toll-free numbers and other alternative options to review your transactions.  Knowing about these options will help you quickly initiate a Punjab National Bank balance enquiry. Various Methods for …

The Central Bank of India balance check process is simple and straightforward. You can check your account balance easily at any time. Here are a few easy options to check your CBI (Central Bank of India) account balance.  Call Customer Care Call any of these toll-free numbers to get your account balance as a Central …

The Axis Bank balance enquiry number is one of the many options to check your account balance instantly. A few other options you can try as an Axis Bank customer include: SMS banking WhatsApp banking Net banking Mobile banking Read on to learn more about various methods to check your Axis Bank account balance.  Missed …