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e-RUPI: E-voucher-based Digital Payment Solution

91moneybazaar Team August 2, 2021

PM Narendra Modi to launch e-RUPI today; 2 Aug 2021, via video conferencing. With this, the benefits of schemes will be available without any hindrance. In this article, we will learn 9 special things related to it. What is e-RUPI? e-RUPI is a prepaid e-voucher, which is developed by the NPCI (National Payments Corporation of […]Read More

Classification of Banks in India

91moneybazaar Team February 24, 2021

Banks is the most popular industry in India. Be it the businessman or laborer, everyone is connected to banks in India. Pradhan Mantri Jan Dhan Yojna by Narendra Modi has connected all the households of India with at least one bank account. Banking is responsible for the maintenance of the finances of the Nation including […]Read More

Non-Banking Financial Companies (NBFCs) – Types, Regulations

Amit K December 27, 2020

Under the Companies Act, 2013 of India, the NBFC (Non-Banking Financial Company) is a company registered. It is involved in the business of loans and advances, bonds, acquisition of shares, stock, hire-purchase insurance business, or chit-fund business. But it does not involve any institution whose principal business such as industrial activity, agriculture, purchase or sale […]Read More

All you need to know about UPI, Unified Payments Interface

91moneybazaar Team February 5, 2020

Unified Payments Interface or UPI, has managed to make lives easier by effectively bringing the various different banks under one platform. UPI enables its users to make inter-bank fund transfers instantly. It also allows the users to use multiple bank accounts under one single mobile application. UPI is the brainchild of National Payments Corporation of […]Read More

Online Internet Banking – Pros & Cons

Amit K October 6, 2019

The platform for the exchange of information created for this purpose would already have, according to the French Banking Federation, processed 1 million requests. What speeds up the movement to online banks, unbeatable rate offers, and already weighed 10% of the market in 2018. Which Online Bank to Choose? It goes without saying that the […]Read More

Grievance Redressal Mechanism in Public Sector Banks

91moneybazaar Team October 4, 2019

The Grievance redressal mechanism is an integral part of any managed machine. Governments cannot claim to be responsible, responsive and easy to use unless an efficient and effective complaint repair mechanism is established. In fact, the organization’s complaint remediation mechanism is an indicator for measuring its efficiency and effectiveness, as it provides important comments about […]Read More

All About Interest Rate

Amit K May 31, 2019

World’s economy can’t be imagined without banks, which plays a crucial role in the growth of any nation. Progress of a nation is often scaled in terms of the degree of development of its banking system. Banks render a plethora of functions, in which the most important is lending/advancing loans. Be it an investment for […]Read More

Down Payment: Everything You Need to Know

Amit K May 30, 2019

When the buyers purchase any expensive products with debt, they typically require making down payments. As a consumer, it is very critical for you to have the right knowledge about down payments so that you can make wiser investments. So, let’s go ahead in this article and discuss everything you ever require knowing about down […]Read More

Post Dated Cheque: Issues with it

Amit K May 30, 2019

You all might be knowing that Cheque’s still have their importance even in this digital world of banking. It’s no wonder that the digital banking system has been active for a prolonged time in the past, and it is progressing ahead too. However, most of the corporates still rely on Cheques for the disbursement of […]Read More

All About IFSC Code & MICR code

91moneybazaar Team May 11, 2019

The banking system has evolved over the years and banks can now be identified through unique codes. To curb potential frauds, these codes also play a vital role. IFSC and MICR are some of the most relevant codes in this reference. Definition of IFSC Code and MICR Code The definition of IFSC code and MICR […]Read More

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