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SALARY NEFT TRANSFER
Did you donate to a political party or plan to do so in the future and claim an income tax deduction? New ITR forms require extra disclosure, check what to reportNew income tax return forms for Assessment Year 2026-27 demand greater detail on political party donations. Taxpayers seeking deductions un...
Faster salary credit, SIP debit, EMI payment and more under new NACH 3.0 system by NPCI from July 2025, know moreStarting from July 2025, the NACH 3.0 system can bring faster salary credits, EMI payments, and mutual fund SIP processing. NPCI's update i...
SBI net banking, UPI down: State Bank of India net banking, YONO mobile app, UPI will be down today during this timeSBI down on April 1: State Bank of India (SBI) has announced that the services of Internet Banking, Yono Lite, Yono Business Web & Mobile A...
HDFC Bank asks customers to avoid this money transfer facility on April 1, 2024: Delay in salary and other paymentsIn an email to customers, HDFC Bank has said that this mode of money transfer may not be available on Monday, April 1, 2024. The bank has s...
HC grants time to RBI to respond to PIL on uniform banking code for foreign exchange transactionsThe plea has also sought direction that foreign exchange transactions through Indian banks and foreign bank branches in India must have inf...
RBI response sought on PIL seeking uniform banking code for forex transactionsThe Delhi High Court on Monday sought the response from the Reserve Bank of India on a public interest litigation seeking uniform banking c...
Centre asked to look into PIL seeking uniform banking code for foreign exchange transactionsThe court, which listed the matter for further hearing on May 25, asked the Centre to "seriously look into the issue" raised by the petitio...
Now a bank holiday won’t stop your loan EMI, SIP debits, salary credits: So track account balanceCurrently, any auto-debit instructions given by the account holder does not get processed on days the bank is closed like Sundays, bank hol...
NACH will be operational 365 days a year from August 1The move follows the central bank’s previous decisions to make both its RTGS and NEFT functional 24 hours a day
From UPI to cash, almost all payment modes see decline in MayThe National Payments Corporation of India’s UPI, IMPS and FASTag, and the Reserve Bank of India’s NEFT and RTGS, which is used by business...
Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank a/csCurrent accounts can be also debited for more than Rs 50,000 towards salaries in accounts maintained with Yes.
HDFC Bank’s Net banking, mobile app still down. Here's how to make credit card paymentsAlternate channels to make credit card payments include ATM funds transfer, NEFT funds transfer using other bank accounts, over the counter...
Karnataka Bank launches savings bank product for salaried classAccording to the release, the bank will provide, free of cost, an insurance coverage of up to Rs 50,000 against chain snatching, theft and ...
HDFC Bank makes RTGS, NEFT online transactions free, cheques to cost moreEarlier, customers were levied Rs 25 each for Rs 2-5 lakh online transaction via RTGS and Rs 50 each for such money transfers over Rs 5 lak...
Corporation Bank signs MoU with Army for salary accountIt will benefit a large number of Army personnel who are having their accounts with Corporation Bank and also provide them an opportunity t...
- Ensure one A/c per family, Fin ministry to banks
In an ambitious move, the Finance Ministry has instructed all the lenders to ensure that at least one person per family across the country ...
- ET in the Classroom: Reserve Bank ‘oversight’ functioning
The Bank for International Settlements defines oversight as “central bank function , whereby the objectives of safety and efficiency are pr...
- E-transactions see a three-fold rise since Apr'07
Online cash transactions are gaining currency, with more people preferring to send & receive money electronically. Online banking safety ch...
- Real time e-payment clearance on cards
Customers may soon be able to make payments towards utility services or equated monthly installments on loans on a real time basis. Busines...
- Now use NEFT for small transactions
Your transactions below Rs 1 lakh will be routed via National Electronic Funds Transfer, instead of RTGS.