Understanding Unified Payment Interface (UPI)

Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank). Launched by the National Payments Corporation of India you can say its a advanced form of IMPS.UPI is a payment system which facilitates the fund transfer between two bank accounts. This payment system works on the mobile platform. … Read moreUnderstanding Unified Payment Interface (UPI)

10 Things You Need to Know About New Banking Transaction Rules

  Some banks including like HDFC bank , ICICI bank and Axis bank have begun charging a minimum amount of Rs. 150/- per transaction for cash deposts as well as withdrawls beyond four free transactions in a month. The charges are being raised so that more and more people move towards digital transactions. Here are … Read more10 Things You Need to Know About New Banking Transaction Rules

Pradhan Mantri Jan Dhan Yojan (PMJDY)

Pradhan Mantri Jan Dhan Yojna is a National level wide scheme launched in 2014 by the Government of India. This scheme givers financial inclusion to everyone ensuring access to financial services like banking, remittance, credit, insurance, pension in an affordable manner. This scheme was launched by the Prime Minister of India Narendra Modi on 28th … Read morePradhan Mantri Jan Dhan Yojan (PMJDY)