How to close a bank account properly
Closing an unused bank account avoids charges and confusion. Learn the steps: move the balance, update linked payments, return cards and get confirmation.
3 min read ·
138 practical articles on earning without investment in India: referral income from demat accounts, credit cards and bank accounts, work from home, side income, social media and staying safe from scams.
Closing an unused bank account avoids charges and confusion. Learn the steps: move the balance, update linked payments, return cards and get confirmation.
Accounts without customer-initiated transactions for a long period can become inoperative or dormant. Learn what happens and how to reactivate safely.
Having more than one savings account can help with goals and backup, but adds charges and admin. Learn when a second account makes sense.
Freelancers and gig workers need accounts that handle irregular income, client payments and records for tax. Learn what to look for and how to stay organised.
Current accounts suit businesses with frequent transactions; savings accounts suit individuals. Learn the differences in limits, interest and charges.
Learn how India's main money transfer methods differ in speed, limits and use cases, so customers choose the right one for each payment.
Deposits in insured banks are protected up to a limit per depositor per bank. Learn what's covered, what isn't and why it matters when choosing a bank.
Compare savings accounts on charges, minimum balance, app quality, access and interest. Use this simple checklist to pick the account that fits your life.
The Account Aggregator framework lets you share bank statements and financial data with lenders securely, with your consent. Learn how it works and stays safe.
Banks periodically ask customers to update KYC. Learn why, how to do it safely through official channels and how to avoid fake KYC update scams.
UPI Lite lets users make small payments quickly from an on-device wallet without entering a UPI PIN each time. Learn how it works, limits and safety.
BSBD accounts are no-frills zero balance accounts with basic services. Learn what's included, the limits and who should consider one.
Fraudsters pay people to use their bank accounts or open accounts for them. Learn why this is illegal, how it works and how to protect yourself and others.
A recurring deposit lets you save a fixed amount every month and earn interest. Learn how RDs work, their pros and cons and who they suit.
Many digital accounts don't issue passbooks and charge for cheque books. Learn when you still need them and what digital alternatives exist.
IFSC, MICR, KYC, NEFT, AMB, CIF, UPI handle and more: a glossary of everyday banking terms explained simply for new account holders.
Banks use PAN for tax reporting and Aadhaar for eKYC. Learn why they're needed, how they're used and how to keep these identity documents safe from misuse.
Students turning 18 need personal accounts, but campuses need respect. Learn how to help students open accounts responsibly without spam or pressure.
Collect request scams, QR code tricks, fake customer care numbers and screen-sharing apps: learn the common UPI frauds and simple ways to stay safe.
Learn the parts of a bank statement, how to spot charges and unknown transactions, and why checking statements monthly prevents fraud and mistakes.
Standing instructions, e-mandates and UPI autopay automate bills, EMIs and savings. Learn how they work, how to manage them and how to cancel safely.
Clear answers to common partner questions about bank account referrals: conditions, KYC, funding, rejections, ethics, payouts and tax.
Banks reward partners for genuine new card customers. Learn how credit card referrals work, when they count as approved, and how to refer responsibly.
Banks look at age, income, employment, credit score and existing debt before approving a card. Learn the basics so you refer customers who are likely to qualify.
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