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RTGS vs NEFT: All you need to know about the difference

Interbank transfers are form of money transfers that occur between two banks. One may want to transfer a certain amount of money from an account in one bank to another account in a different bank. This will count as an interbank exchange. There are two main modes of interbank transfers in India, namely National Electronic… Continue reading RTGS vs NEFT: All you need to know about the difference

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What are the best options to remit to India?

NRIs who stays and work abroad, are generally quite familiar with the term ‘remittance’. This refers to the transfer of money from an overseas account into an account located in India. This transfer of funds usually involves a certain amount of the money being deducted as processing fee for the transaction. However, one can remit… Continue reading What are the best options to remit to India?

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Purchasing new versus old: Getting the ideal two wheeler loan

Two wheelers have now become a necessity for working individuals and students living in Indian cities and towns to make way and reach offices and colleges on time, when almost every day the major arteries of the cities remain blocked with traffic during peak hours. Two wheelers are one’s best friend when it comes to… Continue reading Purchasing new versus old: Getting the ideal two wheeler loan

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Why opening a savings account for your child is crucial now

Banks in India now allow savings accounts for kids who are ten years or older. Kids can operate these accounts, even though parents need to be partially involved in it as well. While most banks now offer various types of savings account curtailed to children, very few people in India take advantage of this feature.… Continue reading Why opening a savings account for your child is crucial now