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Showing posts from July, 2017

The 5 Benefits of Paperless Banking

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Going paperless and cashless is the new cool in personal finances – and the best banks lead the way with superb mobile banking options.     Never has the management of your own money been easier or more rewarding. The best banks in India have rolled out top-of-the-line services and products to ease daily banking and money use. If you have still not adopted the paperless banking way of life, you must do so at the earliest so that – No need to fill out paperwork. The Earth can benefit enormously if we curb our reliance on paper. Cutting down on paper consumption saves trees. When your bank offers paperless banking, you end up saving a lot of time as well. You can open a new savings account, start a new fixed deposit, convert your savings account to a zero balance account, create a mobile wallet – all without using a scrap of paper! Just arm yourself with your laptop or mobile smartphone and help restore the planet’s ecology. You save time and money. ...

How to Handle Money in a Digital Economy

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Going cashless is easier than ever – arm yourself with a good mobile banking app to get started. The post-demonetisation phase since November 2016 has put the fear of handling cash in many a person’s mind. The Government has been urging citizens to adopt a cashless way of life, and this is sage advice. Going cashless is not just necessary, it is also quite simple to do. Consider these tips to handle your money in a digital economy: Check your bank’s ATM withdrawal limits. Every bank has a pre-set limit for daily ATM cash withdrawals. These limits put curbs on how much cash you can get from the ATM. Find the banks that do not have ATM withdrawal limits at all. The best banks in India offer unlimited ATM cash withdrawals not just from their own ATMs, but also from other banks’ ATMs. Use your debit/credit cards everywhere. The best way to keep curbs on cash spending is to use a debit or credit card. Ask your bank if it offers the Visa debit card with payWave t...