Easy Ways to Change Mobile Number in Your Current Account

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Have you recently changed your mobile number and are confused about how to update it in your current account? Your mobile number is often the primary link to your bank and its related financial services. It is critical for receiving OTPs, transaction alerts, verification messages, and important updates from your bank. If your number isn’t…

Understanding Quarterly Average Balance (QAB) vs Monthly Average Balance (MAB)

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Maintaining a minimum balance is often a requirement in current accounts. This balance helps banks maintain liquidity and manage the cost of operations. Two of the most commonly used metrics for this are Quarterly Average Balance (QAB) and Monthly Average Balance (MAB). Though they sound similar, QAB and MAB are distinct in their calculation methods…

Bharat BillPay: Your All-in-One Solution for Managing Recurring Payments

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Are you tired of juggling multiple payment deadlines each month or worried about missing important bills? Managing recurring payments can be a time-consuming and sometimes stressful task. From keeping track of several due dates to making each payment on time, the challenges are countless. That’s where Bharat BillPay (now known as Bharat Connect) plays a…

Best Practices for Cash Handling and Cash Deposits with Your Business Current Account

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Managing cash effectively is crucial for any business, whether it is a new startup or a well-established company. The way you handle your cash and make deposits can impact your daily operations, security, and financial efficiency. Adopting the right cash handling and deposit practices can help you avoid risks, such as theft, fraud, cash flow…

Cash Management Strategies: Leveraging Your Current Account for Efficiency

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Are you struggling to manage cash flow effectively? Efficient cash management is essential for any business looking to thrive. By leveraging a current account strategically, you can streamline your finances and enhance operational efficiency. This approach not only helps in maintaining liquidity but also reduces the risk of financial shortfall. Moreover, it enables better forecasting…