Advantages and Disadvantages of UPI Transactions
In today’s highly automated society, most people prefer to send and receive their financial transactions digitally. There are a variety of techniques to complete these cashless exchanges. The UPI transaction is one of the most practical options. India has taken…
Mobile Banking Advantages and Disadvantages
Mobile banking has truly revolutionized the way we handle transactions and use the currency. With the advancements in the banking industry, now you can do a whole lot more with just a few taps on your smartphone screen. And the…
IDBI UPI Not Working: Possible Reasons & Their Fix!
IDBI bank has been functional for nearly 60 years now, and it is one of the trusted banks in Maharashtra, and other states as well. Throughout this nearly 6 decades-long journey, IDBI banks have created a huge customer base of…
Why Is My Debit Card Declined When I Have Money?
Even though you are aware that there is money in the bank account that is eagerly waiting to be spent, it can be annoying when your debit card is declined when you want to make a transaction. On the plus…
Recurring Deposit Advantages and Disadvantages
You would already know about the fixed deposit, wherein you invest your money and get a fixed return at the end of the tenure. A fixed deposit is for investing a lump sum amount, but what if you don’t have…
PPF Advantages and Disadvantages
PPF Full Form is Public Provident Fund, and it is a government saving scheme. The saving scheme is meant for long-term saving, and you can get a return at the end of the maturity period. The government pre-determines a rate…
Savings Account Advantages and Disadvantages: Check Pros & Cons
We all need to save money for a rainy day, and we are sure you would also not be interested in spending all your earnings every month. The best way to save money is through a saving account. Because of…
Post Office Savings Accounts Advantages and Disadvantages
You need a saving account for day-to-day transactions or parking extra money. You have options to open a saving account in a private bank or a public sector bank. There is an additional option that you have. You can also…
Fixed Deposit Advantages and Disadvantages
Everyone saves money for a rainy day, and in such cases, many people invest in safe assets for emergencies. A fixed deposit is one of the safest options available to the investor. The fixed deposit offers risk-free returns and is…
Credit Card Advantages and Disadvantages : Check Pros & Cons
Credit cards are becoming an indispensable part of our lives because of how easy they are to use and the useful pay-back options they offer. A credit card is a treasure trove for the intelligent user since it offers discounts…
