Documents required to open a Current Account

0

The business landscape in India is always evolving and becoming increasingly complex. In this context, managing a company’s finances can be a daunting task. One crucial aspect of financial management for businesses is managing their current account. A current account is a type of bank account that is designed for businesses to carry out their…

How to Improve Your CIBIL Score?

0

When you’re applying for a credit card, the most important factor that affects your approval is your CIBIL score. CIBIL score is a three-digit number that represents your creditworthiness and your repayment ability. It is an important factor that lenders consider while making a decision on approval. A high CIBIL score indicates that you are…

Can current account holders use UPI?

0

Unified Payments Interface, popularly known as UPI, is a revolutionary payment system that has transformed the way people in India transfer money. It allows for seamless and instant transfers between bank accounts using a mobile application. UPI has made banking simpler, faster, and more secure. However, many people are still unsure about whether current account…

Is it bad to have a lot of money in a savings account?

0

Savings accounts are a popular choice for many individuals who want to keep their money safe while earning some interest. However, is it bad to have a lot of money in a savings account? To answer this, let’s take a closer look at what happens to your money in a savings account. Firstly, it’s important…

Will a current account be closed if it has zero balance?

0

The business sector in India has undergone a remarkable transformation over the past few decades and is now recognized as one of the most dynamic and diverse in the world. With a large and growing consumer base, a vibrant entrepreneurial ecosystem, and a favorable policy environment, India has become a hub for several industries, including…