Unified Payments Interface (UPI) is gaining popularity due to the convenience it offers. It allows quick and hassle-free money transfers without requiring bank account numbers. This payment method allows you to use your smartphone as a virtual debit card to send and receive instant funds. The use of Quick Response
With technological development, you no longer need to visit the bank to transfer money from one account to another. Using online platforms, you may now easily execute all your banking transactions via the internet or mobile banking. Although there were some concerns about the safety of digital transfers, the convenience
The Aadhaar card is a nationally accepted document that verifies the identity of an Indian citizen. It has a biometric system in place to identify any individual resident of India. You can collect your card from your an Aadhaar centre. However, an easier alternative is to get yourself registered and
Permanent Account Number or PAN is a unique alphanumeric identity number assigned to Indian taxpayers. The objective of having a PAN card is to get a universal identification key that tracks financial transactions and tax records of people. It helps in keeping a check on individuals who are expected to
If you have joined a new organisation, you will be assigned a new provident fund (PF) account number. The amount accrued in your earlier PF account can either be withdrawn or transferred to the new PF account. For this process to go smoothly, you need a Universal Account Number (UAN)
Debit cards became popular in the early 1980s, ushering a slow but sure revolution in the world of banking and finance. Today, after decades of making their first appearance, debit cards remain popular and very much in use. Presently, there's a wide variety of debit cards offered by various banks.
The Indian banking system consists of commercial banks, which may be public scheduled or non-scheduled, private, regional, rural and cooperative banks. The banking system in India defines banking through the Banking Companies Act of 1949. In this post, we take a look at the evolution of banks in India, the
Looking for a way to check your PAN-Aadhaar link status? Follow the steps mentioned below: The first step is to visit the e-filing Income Tax Department page. Follow the steps to complete the process.