Know Your Customer (KYC) is an important mode of data collection by financial institutions including banks. When we open an account with a bank, or invest in a bank account or another financial institution, they collect our information - this is called Know Your Customer. This usually includes submitting our personal details, biometrics in some cases and providing … [Read more...] about How To Update KYC in Your SBI Account By May 31st To Avoid Partial Freeze Of Your Account
Account Maintenance
Aadhar PAN Name Mismatch: How To Correct Name In Aadhar Or PAN If There Is a Name Mismatch?
Aadhar and PAN are two very important documents when it comes to doing anything related to money. Be it opening bank account, or doing any investment, you will need to use these two documents for sure. In particular, if you are opening an online account, then you need to submit copies of your PAN and Aadhar in most cases for KYC purpose. Apart from anything related to … [Read more...] about Aadhar PAN Name Mismatch: How To Correct Name In Aadhar Or PAN If There Is a Name Mismatch?
Axis Bank Charges To Increase From May 2021 | Cash Withdrawal, Dormant Account Charges
Starting from 1st May, 2021, Axis Bank has announced increase in certain charges, and have introduced new charges as well. In today's video I explain the new charges announced by Axis Bank - details on how much and since when the Axis Bank charges will be implemented. If you have an account with Axis Bank or if you plan to open one in future, make sure you watch today's … [Read more...] about Axis Bank Charges To Increase From May 2021 | Cash Withdrawal, Dormant Account Charges
IOB Trendy Savings Account | Features, Benefits | Do You Need it? | How To Open?
The Indian Overseas Bank has launched a new kind of savings account called the IOB Trendy Savings Account to benefit certain category of customers. In today's video I explain the details about this savings account, and who this account is for. I also explain the features of the account so you can decide whether you need this IOB Trendy account or not. In addition, know … [Read more...] about IOB Trendy Savings Account | Features, Benefits | Do You Need it? | How To Open?
Sukanya Samriddhi Yojana VS PPF: Which Is Best For Investment And Good Returns? Here’s A Comparison!
When it comes to investment Public Provident Fund and Sukanya Samriddhi Yojana are two most common options that most of us opt for. But one of the most common doubts that prevail among most people is that what are the differences between PPF and SSA? How different are these two schemes in terms of features, returns, benefits, restrictions and so on! In today's video I … [Read more...] about Sukanya Samriddhi Yojana VS PPF: Which Is Best For Investment And Good Returns? Here’s A Comparison!