Your Money

For education loan, students must contribute a margin of 5 percent for studies in India and 15 percent for studies in abroad.

HDFC Bank, the largest private lender of the country, revised interest rates on fixed deposit (FD) accounts of various tenures with effect from July 6, 2018.

Besides postal services, post offices, under India Post, also offer certain banking and remittance services.

Features such as return history (performance) and net asset value (NAV) describe a mutual fund's existing value and past growth. Investors can use this information as starting points for due research when comparing different mutual funds (MFs).

The UIDAI, which issues Aadhaar card, had in January this year introduced Virtual ID or VID as an alternative means to Aadhaar number to verify an individual's identity.

State Bank Of India (SBI) NEFT, RTGS transactions: While RTGS enables processing of funds on a real time basis, NEFT works on a deferred net settlement basis, wherein transactions are lined up and executed in batches scheduled at pre-determined intervals.

An SBI Digital Savings Account can be opened online, either through a computer or smartphone with internet connection. This SBI account comes with limited operability compared to a regular savings bank account.

With bank FD interest rates around 6.7-7 per cent, investors looking for higher returns for their capital often find a good choice in mutual funds.

Debit Card Charges: Banks provide assistance in case of loss of a debit, credit or ATM card. The card holder should immediately contact the bank's helpline/customer care to block the lost card and prevent any misuse, say experts. State Bank of India (SBI), for example, issues a debit card, called 'Quick Photo Debit Card', at a nominal fee to assist the customer in case of loss of a card.

SBI Insta Savings Account and SBI Digital Savings Account are the two kinds of bank savings bank accounts that you can open through your smartphone (and internet connection) from the comfort of your home. This was said by State Bank of India (SBI), the country's largest bank, on microblogging site Twitter. But what's the difference between both the accounts?

Here's a comparison of interest rates offered by State Bank of India (SBI), HDFC Bank and ICICI Bank on savings accounts, recurring deposit (RD) accounts and fixed deposit (FD) accounts.

Interest rates on savings accounts, recurring deposits (RDs) and fixed deposits (FDs) of small finance banks are as high as 9%-9.5%.

MCLR is generally referred to as the minimum lending rate below which a bank cannot lend.

NBFCs being the key financiers to the CV segment would benefit from the expected new vehicle sales growth in FY19, said Icra.

State Bank of India (SBI) offers a holiday savings account/ recurring deposit which enables you to earn attractive interest rates on your holiday savings.