What Is a Zero Balance Account (ZBA)?

CLICK HERE TO CONNECT WITH US ON WHATSAPP AND KNOW MORE ABOUT OUR SERVICES. A zero-balance account (ZBA) is pretty much exactly what it sounds like: a checking account in which a balance of zero is maintained. When funds are needed in the ZBA, the exact amount of money required is automatically transferred from a […]
Recurring Deposits

CLICK HERE TO CONNECT WITH US ON WHATSAPP AND KNOW MORE ABOUT OUR SERVICES. The Reserve Bank of India, has over the years introduced various schemes to educate the public on how to save money. One of the key directives issued by RBI was the introduction of term deposits and the interest applied on such […]
Importance of Credit Score

CLICK HERE TO CONNECT WITH US ON WHATSAPP AND KNOW MORE ABOUT OUR SERVICES. Have you ever wondered how lenders decide if you qualify for credit? Well, each person has a credit file which carries a score that decides importance Have you ever wondered how lenders decide if you qualify for credit? Well, each person […]
Banks and Banking Systems in India – Origin and Evolution

CLICK HERE TO CONNECT WITH US ON WHATSAPP AND KNOW MORE ABOUT OUR SERVICES. What is a Bank? Most of us are familiar with the banks and banking systems in our daily life as we must have seen our parents either drawing out cash or making deposits into their bank accounts. Back in the day, […]