Banking Archives – Page 6 of 8 – बैंक India

How to Calculate Expected Salary 11th Bipartite Settlement

Nov 12, 2018 Suraj Tandon 0

After around one year of negotiation, the expected demands of Banker’s Officers Union to IBA for 11th bipartite settlement for wage revision, the rough calculation sheet get prepared after calculating the salary hike. The revised wage of the 11th bipartite settlement includes the salary data with the Dearness Allowance (DA). Considering the demands submitted by the Banker’s Union with a 6% hike, the revised basic pay will get calculated. As on 31st October 2017, the DA won the basic pay will get calculated at 47.80%. The entire DA of 47.80% will get merged with the basic pay. The outstanding DA as on 31st October 2017 will get merged with the basic pay. The initial DA will be the difference of FA as on 1st November 2017 to the date of settlement. The bankers can easily calculate the expected salary as per the 11th bipartite settlement. You need to enter the current basic salary and the hiked rate currently offered by IBA. You will get the expected basic pay with 47.80% merging of DA as on 31st October 2017 as well as the detail about the special allowance amount which is 7.75% of the basic pay that will get merged with […]

Top 10 Nationalised Banks in India 2024

Jun 25, 2018 Suraj Tandon 0

The Indian banking sector is vast and is one of the influential industries in the country’s economy. The banks play a vital role in keeping public savings safe and providing interest. The account holders also can avail several other facilities at the bank. Before the Independence of the country, several banks got established. After Independence, several significant reforms were introduced, and since then Indians are witnessing several changes. There is a number of banks in both the public and private sector. The Government manages and runs the banks in the public sector while individuals run the banks in the private sector. But, not all the banks in the public sector were in the public sector. The government nationalised twenty banks and made them public from private. On this page, you will get the list of the top 10 nationalized banks in India in 2018. 1. Punjab National Bank Punjab National Bank is one of the most popular banks in India established in 1894. PNB presently has branches and 13000 ATMs across the country. It serves 10 million customers every year. PNB got nationalized in 1969. 2. Bank of Baroda Bank of Baroda is widely spread across the country and gets […]

How to Get Customer ID in PNB Bank

Feb 28, 2018 Suraj Tandon 16

PNB Bank or Punjab National Bank is one of the popular banks in the banking sector in India. The bank offers excellent and advanced banking services ensuring convenience of its customers. With the tech advancements, the bank introduced internet banking facilities providing self-serving banking services to its customers. Do you have an account with PNB Bank? You would require Customer ID or User ID and Password to access internet banking facilities. The bank provides the Customer ID or the User ID to the customer during account opening. The Customer ID plays a major part in banking services and is useful for the bank as well as the account holder. Find your Customer ID in Punjab National Bank If you have requested to activate Internet Banking services at the bank, you will receive an Internet banking kit after opening the account successfully. You can find the User ID or Customer ID in the kit. You can also obtain the Customer ID from the Passbook or Cheque Book. What is Customer ID and how is it useful? The Customer ID is unique and is provided by the bank to the account holders. If you have multiple accounts, the accounts will get linked […]

How To Get Customer ID In IDBI Bank

Feb 28, 2018 Suraj Tandon 22

IDBI Bank is one of the popular public sector banks in India. Across the country, it has around 2000 branches and around 3800 branches. It upgrades its services with the latest tech advancements and ensures to offer excellent banking services aiming for guaranteed customer satisfaction. Do you have an account with IDBI Bank? If you have recently opened an account with IDBI Bank, activate internet banking services for your account to reap the benefits of advanced banking facilities with convenience. You may request at the bank to enable Internet Banking services while opening the account but if you haven’t activated the services, you need not visit the branch once again. What is Customer ID in IDBI Bank? Customer ID plays a major role in activating IDBI Internet and mobile Banking. The bank provides a unique Customer ID to every account holder. The bank refers the Customer ID to verify personal details and account details. If you have more than one account at the same bank, the accounts will get linked to the same Customer ID which will be useful for future referrals. Customer ID is essential to submit while activating Internet Banking by self. How to Get the Customer ID […]

10 Best Bank to Open Salary Account in India

Feb 17, 2018 Suraj Tandon 0

Are you an employee in any company? Do you have a salary account? Every working individual in the private or public sector has a salary account. The banks tie up with companies and open the salary accounts of the employees and manage the salary accounts. The company credits monthly salary of its employees to the salary account. Every bank offers similar features for salary account, but certain unique services differentiate the bank. Extra perks and other banking services of every bank make them unique. The banks even offer personalized interest rates to the salary account holders for home loans, personal loans, car loans, gold loans, etc. Some banks also provide higher overdrafts and credit cards with better facilities and higher limits to ensure better services. Every company must select the bank that offers best facilities for opening salary accounts. Here are 10 best banks to open salary account India in 2018. 1. CITI Bank Salary Account CITI Bank offers Suvidha salary account for employees. It allows to open salary account at Zero balance. The account holder can avail loans at customized rates. With every online shopping, the account holder earns reward points which can be redeemed for cash. The bank […]

Top 10 Foreign Banks in India

Feb 2, 2018 Suraj Tandon 4

The Indian banking industry is enormous. There is a number of banks in the public and private sectors. India emerged as one of the countries with the fastest-growing economy in the world. The developments in the financial field and economic fields thus attracted foreign countries to establish their banks. With the growth in the economy, transactions are increasing. India allowed foreign banks to start their services. Foreign banks in India are beneficial in both ways. It supports the high flow of trade, as well as to deserving candidates, getting high-quality jobs in the foreign banks. Here is the list of the 10 best international banks in India. Top 10 Foreign Banks in India 2022 10. Doha Bank Doha Bank (दोहा बैंक) was established in India, in the year 2014. It was established in Mumbai, Maharashtra and for its excellent banking services, it found its branches in the leading cities of the Country. It offers services like Money Exchange, Corporate Banking Services, NRI Services, Trade Services as well as other NRI Services. 9. Bank of Bahrain and Kuwait The Bank of Bahrain and Kuwait (बैंक ऑफ बहरीन एंड कुवैत) originates in the Middle East region. It has around four branches in […]

top banks to open current account in india

8 Best Banks to Open Current Account for Startups in India

Jan 11, 2018 Rajeesh Nair 2

If there’s one thing, I must pick that defined Prime Minister Narendra Modi’s vision is the Startup India initiative. The drive pushed India towards the goal of becoming a nation of Job Creators rather than Job Seekers. The Startup India initiative also encouraged top banks in India to come up with current accounts designed for aspirant entrepreneurs and new startups. Today, I will share the list of best banks where startups can open current accounts in India. However, before we move on to the list of best banks to open a current account, let’s understand a bit about the current account in India. What is a Current Account? In India, there are multiple types of bank accounts where you can deposit your money. Besides the Savings Account, there’s also Current Account, which is quite popular. Unlike Savings Account, you get a massive number of transactions per day. Hence, a Current Account is vital for businesses which indulge in a lot of deals. While it offers the benefit of a higher number of transactions, the Current Account doesn’t provide any savings or investment benefits in the form of interest or returns. A Current Account is specifically to help you make lump […]

How to Know Customer ID of Andhra Bank Account

Dec 9, 2017 Suraj Tandon 13

Andhra Bank (आंध्रा बैंक) is one of the popular banks in India and the bank is a public sector bank. At present, the bank has its headquarters in Hyderabad. The bank serves the customer through the extensive network of over 2800 branches, 3630 ATMs, and 38 satellite offices. At present, the bank is headed by Mr. Suresh N Patel who is the CEO of the bank. In addition to this, the bank was founded 1923 in Machilipatnam and the founder of the bank was Bhogaraju Pattabhi Sitaramayya. Since then the bank has adopted modern technology and today, it is possible to carry out all the transactions from the mobile or net banking. But to access the net banking, you need to have the customer ID with you. If in case you forgot your customer ID then here is how you can get it. Different Ways to Get Customer ID for Andhra bank Account It should be noted that the customer ID of the Andhra Bank is displayed on the welcome letter that you receive from the bank. You can obtain the customer ID from the kit that you received during the account opening procedure. If you have lost the welcome kit […]

union bank of india acccount opening confirmation

How To Open Union Bank of India Account online

Oct 5, 2017 Suraj Tandon 3

Looking for a new Union bank account? Well, you are at right place. It is bit challenging to standing in a long queue and open a bank account. Creating an account from the bank can take more than a week. But, you can initiate an account online in no time. Well, you can follow the step-by-step procedure to create a new union bank of India saving account online. Follow below Steps to create a new Union Bank account Online: Step 1: Visit the official website, i.e. www.UnionbankofIndia.com to open a new account. Use direct link https://icmt.unionbankofindia.co.in/account/ to go to an account opening page. Step 2: Fill all the applicant details in the required field. You will require entering the personal details such as name, Father Name, mothering name, Email- Id, State, City, Date of Birth etc. Step 3: Also, you should enter the valid proof details including, PAN card number and Aaathar card number. Make sure that you have given the valid details and click “continue“. Step 4: Now one time password will be sent to your registered mobile number. Enter that otp and click the the “continue” button again. Step 5: After submitting the application details, you can proceed […]

Full Forms Of YES, IDFC, UCO And RBL Bank

Sep 29, 2017 Suraj Tandon 1

Banks are an integral part of our lives. There are various banks present that providing lots of valuable services but many people are not familiar with the full forms of the banks. On the deposited savings, banks provide the interests. With the help of various Banks, Electronic Payments are becoming popular day by day for which people can carry less cash with them. Banks are offering card payments, direct debits, transfers, etc. Banks are also issuing loans to individuals and companies. Many banks use abbreviations instead of the full names for the business purpose. For proving some knowledge, the full names of some banks and other details are described below: YES BANK YES BANK stands for Youth Enterprise Scheme Bank. The founder, CEO, and managing director of the Yes Bank is Rana Kapoor. This Bank provides various incredible services, such as Treasury and Risk Management Solutions, Loans, Transactions Banking Solutions, Debt Capital Markets, Surplus and Investments, Investment Banking Solutions, Digital Banking, etc. IDFC BANK It stands for Infrastructure Development Finance Company. IDFC Bank is offering various Personal Banking Services like Accounts, Deposits, Loans, Investments, Insurance, Online Services, Payments, Cards, and Bharat Bill Pay (BBPS). Know More: Full Forms of ICICI, […]