Axis Bank Credit Cards stand out in offering a plethora of benefits. Using a Credit Card is not just about spending; it is about spending wisely and reaping the rewards that come with it. Remember the importance of understanding your credit limits and consider the added advantages...
A Savings Account is a type of bank account that acts as a secure repository for funds, ensuring not only safety but also steady interest accrual. As the fundamental bank account, it facilitates the initiation of savings and proficient daily financial management. Beyond these es...
What is the difference between NEFT and TPT? TPT allows you to make transactions from one bank account to another, typically via NEFT or RTGS, and is commonly used for larger transfers that require quick approval. NEFT is a part of TPT and a popular electronic payment system that allows you...
Discover the role of a credit bank in finance and gain a deeper understanding of its significance for managing your financial affairs effectively.
1. Is an ATM card a prepaid card? No, an ATM card is not the same as a prepaid card. An ATM card is linked directly to your bank account and is primarily used for withdrawing cash or checking your balance at ATMs. 2. Is a prepaid card a Visa card?
6. What is the difference between equity and mutual funds? Ans. Equity refers to individual stocks, whereas mutual funds are pooled investment vehicles that can invest in equities, debt, or other assets. 7. How are equity mutual funds taxed? Ans. Long-term capital gains (held for more tha...
What is the meaning of ''S'' in IFSC in Banking? View Solution What is the Tag line of Axis Bank? View Solution What is the name given to the online payment services that all internet banking customers can use? View Solution What is the name given to the online payment services that ...
Southwest is an airline company quite popular in the USA for offering flight-friendly services to customers. They partnered with Capital One to issue co-brand travel cards to optimise revenue. Below are the key highlights of their co-branding credit card strategy. ...
Understanding these characteristics is essential for investors considering investing in unsecured bonds. Let’s explore some of the key features: No Collateral: Unlike secured bonds, unsecured bonds do not have any specific collateral backing. This means that bondholders do not have a claim to any ...
Q3. Which bank is best for a Demat account opening? Answer:You can open your Demat account from any preferred bank. The top listed Indian banks are ICICI Direct, Axis Direct, SBI Securities, HDFC Securities, and Kotak Securities. Some of the best foreign brokers are E*TRADE, Fidelity Inves...