KYC (Know Your Customer) is a mandatory process done while opening a bank account. But as per the Reserve Bank of India (RBI) guidelines, banks are also required to perform Re-KYC from time to time to ensure that the customer’s documents and details remain updated.If your Re-KYC is due, Axis Bank will notify you via official SMS or email. It's important to complete the Re-KYC before the given deadline. Otherwise, your bank account may become inoperable and reactivation will only be … [Read more...]

Know Your Customer (KYC) is a crucial regulatory requirement followed by all banks in India, as mandated by the Reserve Bank of India (RBI). It is necessary not only when a customer opens a new bank account but also periodically afterward. Banks may request customers to complete a Re-KYC (Revalidation of KYC) to ensure that customer identification records are updated and accurate.In recent years, Re-KYC has become a more frequent process. Banks now regularly ask existing customers to … [Read more...]

An Online SBI account with viewing rights, permits the account holder to view their account statement and perform limited online tasks. But the major benefit of Online SBI internet banking that is fund transfer through NEFT, RTGS, or IMPS, cannot be enjoyed by the account holder with viewing right permissions.This limitation of not being able to perform fund transfer in Online SBI or Yono SBI app can be removed by upgrading the access level from viewing rights to full transaction rights. … [Read more...]

Scapia Credit Card Apply Process: Scapia is a new variant of Credit Card which is a co-branded card issued and manged by the Federal Bank. Scapia Credit Card itself offers many benefits which makes it distinct from other credit cards available in the market. Scapia Credit Card is a pure Credit Card for travelers and it's theme is completely based on Travel as it provides a reward of 20% Scapia Coins when you book travel on Scapia app, and the rewards earned can be redeemed for your travel needs … [Read more...]

The Savings Max account offered by HDFC Bank is a premium account that offers a range of advantages to its holders. Alongside these benefits, the Savings Max Account is subject to specific conditions that account holders must meet to sustain this account type.Anyone can open the Savings Max account online or by directly visiting the branch. And in case if you are an existing HDFC Bank Customer holding a regular type of Savings Account or any type of Savings Account, then HDFC Bank also … [Read more...]