Mutual fund units generally cannot be directly transferred between individuals, except for the original investor's death. Investors can transfer mutual funds platform to another through an "in-kind" ...

EPF is a retirement contribution scheme in which a part of your salary is deposited, including your employer's contribution. The EPF Passbook maintains a record of your and your employers’ monthly EPF ...

Mutual funds can be pledged as collateral for loans, allowing access to funds without liquidating investments. The loan amount typically ranges from 50-80% of the market value of the investment, ...

Mahatma Gandhi, fondly known as the Father of the Nation, inspired millions with his belief in non-violence, simplicity, and the power of consistent efforts. His approach to life emphasised that big ...

1. What is the logic of Maker and Checker? Maker is someone who will raise a service request or a ticket through Corporate Portal on behalf of the card holder. Checker is the authorized signatory as ...

We have an important update for you regarding your Personal Loan/ Business Loan. There is a revision in the Fees & Charges. Prepayment charges have been renamed to Premature closure charges . 0-24 ...

1. AMB/AQB charges will be applied in the current month based on the AMB/AQB maintained in the account in the previous month. 2. Service/Transaction charges based on non - maintenance of AMB/AQB (as ...

Credit Cards have become the norm globally, with almost every individual having at least one or in some cases, multiple Credit Cards to better manage their income and expenses. If you are yet to apply ...

1. With effect from July 22nd, 2023, the interest rate applicable for premature withdrawal including Sweep-in/Partial Withdrawal will be 1% lower (as applicable) of the rate on the date of deposit ...

Bonus shares are extra shares issued to existing shareholders at no cost. The issuance of bonus shares can dilute per share ratios like Earnings Per Share (EPS) and Book Value per Share. With the ...

Freelancers and gigsters now have the opportunity to enjoy a fixed income by investing in Fixed Deposits. Attractive bank interest rates and easy payout options are the features that make Fixed ...

You no longer need to visit your bank and get passbooks updated to check your bank balance. Today, banks allow you to check your bank balance by sending an SMS to a specific number. You must send the ...