Banking

With the increasing demands of a stressful life, the need for making informed investments has become the need of the hour. Everyone wants to invest in a financial instrument that gives quick and high returns; however, high returns always call for high risk. In such an environment, if you are looking to keep your money safe and generate more money, a savings bank account is your best option. With such an account you are assured that there is complete safety of your investment regardless of the fluctuations in the market. 

Why Are Savings Accounts Safe?

A basic banking facility, a savings bank account allows you to deposit and withdraw funds from your account, all while generating an interest on your principle sum. However, a lot of people are hesitant about the safety of a savings account. This is where Deposit Insurance and Credit Guarantee Corporation (DICGC) plays an important role. For the safety of the depositors, RBI has formulated a compulsory insurance scheme known as Deposit Insurance and Credit Guarantee Corporation (DICGC) for all commercial as well as cooperative banks. This is a compulsory scheme and no bank can withdraw from this scheme.

The scheme acts as a safety net in case a bank’s license gets cancelled or there is an amalgamation/merger/reconstruction of the bank.  Deposit Insurance and Credit Guarantee Corporation (DICGC) insures all types of deposits such as savings, recurring deposit, and fixed deposit.  In addition, all the depositors in a bank are insured up to a maximum of Rs. 5,00,000 for both principal as well as interest amount. Depositors don’t need to worry about the deposit insurance premium as this is borne entirely by the insured bank.

A Savings Bank Account Is Easily Accessible

The money that you deposit in your savings bank account is available to you at all times. Withdrawal from your account does not levy any penalty fees and you have the ease of depositing funds in your account at all times and from anywhere in the world. The advent of net banking and mobile banking facilities has further simplified cash withdrawal and deposits into savings bank accounts.

No Maintenance Charges

Most banks no longer charge any maintenance charges to maintain your savings bank account. However, it is important to keep in mind that the minimum balance amount varies from bank to bank. In the event that you are unable to maintain the monthly minimum in your account, some banks may levy a penalty fee.

Enjoy the Convenience of Mobile Banking

Opening the IndusInd online savings account also enables you to enjoy the convenience of mobile banking. You can setup your mobile banking and UPI credentials when you open the online savings account. You can also enjoy the benefits of the industry’s first WhatsApp banking services that will help you get account balances and transaction alerts.

Last Few Words

Your savings bank account is your first step towards your journey in accumulating wealth. Although the interest that you earn on the money that you deposit maybe modest, there is no denying that such an account is one of the safest ways of keeping your money. If you have additional funds that need to be kept away for a rainy day, a savings bank account is the perfect financial instrument for your needs. Before you open up an account, you must explore all your options and settle on one that gives you the highest rate of interest.

We are living in a digital era and towards the successful mission of Digital India. The most important role is played by the banks of India. With the fast digitalization, the Internet has turned into our standard piece of living. To be an instance, your bank got a new address and that is your desktop, mobile phone. IDBI Bank promises to provide 24/7 uninterrupted internet banking services to its customers. Also, one can get its account information, other details and many other services using the IDBI net banking service.

However, if you want to use internet banking and ease banking services from the IDBI bank then you will have to register for it. For registration, one needs to fill out the application form at branch or online to get their user ID and password for accessing IDBI bank internet banking services. In this article, we are going to provide detailed information about IDBI internet banking along with the registration process. Let’s have a look over it.

How to Register IDBI Internet Banking Online?

• First, you have to visit the official IDBI bank website from your desktop. You can also search for IDBI.com using any search engine provider.
• On the homepage and under the “How to apply” section. You will find the channel form for IDBI net banking registration.
• Download the form and take a print out.
• Fill all the relevant and original details including your aadhar card and pan card number.
• Cross-check the details that you had filled.
• Visit any of your nearest IDBI bank branches. (I prefer home branch though)
• Submit the application form.
• After submission, they will provide you the user ID and process for the activation.

That’s it. Now we are done with the registration and the next step is to activate the internet banking services from the IDBI bank.

Must, Check – Steps for Online Registration in SBI Net Banking Facility

How to Activate IDBI Net Banking Services?

You can only activate the internet banking services online from the IDBI bank official website. Therefore, it is evident that you will not be able to use internet banking services until and until you activate it. Anyways, let’s check out the steps for the activation.

• Visit the official website of IDBI bank.
• On the homepage click on the internet banking section.
• On the next screen, you will be asked to enter your user ID and password along with the selection of the account holder.
• Select the type of banking.
• Enter your user ID and click on the online password generation button.
• On the next screen, you will have to enter your account number, user ID, email ID, registered mobile number to continue. (You will find these details in your bank passbook)
• After that, click on the “Generate new request” button.
• On the next screen, you will be asked to enter your debit card details for further verification.
• Enter all the details and wait for the OTP.
• Enter the valid OTP that will come to your registered mobile number.
• After the successful verification. You will be asked to set your new login and transaction password on the screen.
• Do not forget to select “enable transaction facility” for online transactions.
• That’s it. You have successfully activated your IDBI net banking account.

How to Login IDBI Net Banking?

As we are done with the registration and activation process. The next process is to log in to the internet banking portal. It is simple though, but I am adding this section to help out the new people who were not aware of internet banking services before. 

• First, you have to visit the IDBI internet banking portal.
• After that, you will be asked to enter your user ID and password to continue with login.
• Enter all the required details correctly.
• Click on the login button.
• Agree with all the terms and conditions. (It is generally for the first time users)
• That’s it. The next page on your screen will be the main page of your internet banking portal.

How to Reset the IDBI Bank Internet Banking Password?

Usually, we forget our login passwords. However, there is no need to get worried. You can quickly reset your IDBI bank internet banking password using the online platform. Let’s check it out.

• Go through the internet banking login page.
• Select the online password generation option.
• On the next screen, you will have to enter your account number, user ID, email ID, registered mobile number to continue. (You will find these details in your bank passbook)
• After that, click on the “Generate new request” button.
• On the next screen, you will be asked to enter your debit card details for further verification.
• Enter the OTP.
• Once the verification is completed. You will be able to set a new login and transaction password for your account.

Also, Check – Standard Chartered Net Banking

Security Measures:

• The user ID and password provided to you should be highly confidential. You should not share these details with anyone and even with any of the bank employees. It is because no bank employee will ask you for such confidential information and if anyone does then inform the branch immediately.
• Keep changing the password and transaction pin within some time gap. (It is generally for the security measures)
• Avoid using internet banking services whenever you are connected with any public internet connection such as a cafe, bars, and public hotspots.
• Ensure the website in which you are filling your confidential details is secured.
• Customers should avoid using their name, birth date, and other common guessing information as to their password.
• Keep your mobile number, email address and postal address updated with the bank to get updated with the transaction details.

IDBI Bank share price

Industrial Development Bank of India (IDBI) Bank was established in 1964 by the Indian Industrial Development act to provide funds, credit, and other financial facilities for the growth in the industrial sector. The CEO of IDBI Bank is Mr. Rakesh Sharma and currently, it is one of the most popular banks in India.

To be an instance, most of the investors are currently investing in an IDBI Bank share. There is only one reason behind this investment and that is the price of the IDBI Bank share is currently on the peak rate and most expected to increase in some years. It would be a long term investment.

IDBI Bank Near Me

Having the difficulties to find the nearest IDBI Bank across your location? No worries. You only have to type pin code or search on google this term “IDBI Bank near me” and it will show you the locations of nearest bank branches across your location.

However, IDBI is a public sector and one of the popular government banks in India. The total number of branches is 1892 in India and 3683 ATM’s.

IDBI Bank IFSC Code

IFSC stands for Indian Financial System Code. Just like any other bank, IDBI Bank is to have its own IFSC Code. The branches of IDBI bank are generally identified and specified by this unique code. To be an instance, the IFSC code of IDBI Bank generally starts with IBKL and ends with the number that specifies the location of the bank branch.

Now, most of the people want to know the IFSC code of their bank branch. To be precise, this code is already mentioned in your cheque book and passbook and if it is not mentioned, we urge you to visit the bank for the same. Additionally, you can search for the code online as well.

IDBI Bank Customer Care number

IDBI Bank is one of the well-known government-owned banks in India. It is famous for providing financial support such as personal loan, and credit to the people. In case of any queries or issues, the customer can quickly contact the customer care of IDBI Bank. The customer care executive service is available 24/7.

Customers can quickly contact their toll-free number 1800-209-4324 for the quick resolution of their queries and problems. However, the customer needs to have all the verification documents in hand for completing the Tele verification.

IDBI Bank Recruitment

A youngster with a graduation degree can be an employee of one of the popular banks in India. (IDBI Bank). IDBI Bank recently released an official notification of 300+ vacant vacancies. It could be one of the best career opportunities for youngsters who are looking to make a career in the banking sector.

However, you need to graduate with any business degree for the application for this job. You can apply for the vacancy online and they will get back to you according to your application. If the job gets fixed then you’ll get the handsome salary starting from Rs 23,000.

IDBI Bank ATM Near Me

IDBI Bank has around 3682 ATM’s and 1892 branches across all India. To find an ATM near you, you only have to type this term on google “IDBI Bank ATM near me” and the results will show you the nearest locations of ATM across your location.

Searching on Google is one of the easiest ways to know the location of the nearest IDBI bank ATM. To be an instance, you will not face any difficulties in finding the one if you search online.

IDBI Bank Interest Rates

IDBI Bank offers multiple investment options for the customers. The usual interest on the savings account is near about 3-4% but there are some attractive offers on opening a fixed deposit account with the IDBI Bank. The depositor can deposit the money at once during the account opening if the one is considering a fixed deposit. The one will no longer be allowed to deposit more in the same account during the ongoing tenure.

The interest rates for opening a fixed deposit for a longer tenure is 5.60% which is comparatively higher than most of the private banks in India.

Conclusion:

IDBI bank is one of the finest private banks in India. It is generally popular for providing a higher interest savings bank account to the customers. Along with the savings accounts, other services like current and financial services are also available with this bank. 

As we know that our country is becoming digital and almost every bank is supporting it by providing internet banking services to all of its customers. In this article, we only have shared the information related to IDBI internet banking that how a person can register for this service. You can also let us know in the comments section if there is anything that is not understandable.

When it comes to net banking the Standard Chartered net banking is hassle-free and secure as well. Customers can access net banking from anywhere in the world. The bank offers a wide range of banking services. The aim of the bank is to bring a change in the net banking sector. Their service brought a revolution in the world of banking. They try to provide easy and user-friendly banking experience. Due to that, they provide several features. Here is a list of features that the bank offers.

• Account Information:

If anyone uses the Standard Chartered’s net banking facility, then the customer can get accurate information regarding the account. The net banking also provides information regarding the term deposit in the account. One can print the account statement in order to check the status of the cheque. All of that can be done by one click and this is the way one can avoid long queues in the bank.

• Fund Transfer:

Internet banking made the fund transfer easy. One can do that in a few clicks. One can register for net banking transfer funds and then the fund will be transferred between tw0o accounts. The fund transfer can be done between the same or different bank’s accounts. The fund transfer requires NF and RTGS. One can transfer the fund to the Visa credit cards and asks for the demand draft.

• Credit Card Services:

One can apply for the credit card online and not only that, one can pay the dues of the credit card. The customer can check all the details related to the credit card and transaction history. The net banking of Standard Chartered enables the customer to redeem the reward point. The customer can redeem the reward point even if the credit limit is increased.

• Loan Details:

The customer can see the details of the loan. The details include the transaction history from the account.

• Payment of the Bills:

The net banking of Standard Chartered enables the customers to pay the bills like mobile bills, electricity bills, insurance, water, etc. by using the ‘bill pay’ option. The bank offers a comprehensive directory for the customer from where one can find the company. The customers can use their account or credit card while paying the bills to the billers. One can find the ‘auto-pay’ option to pay the bill. It enables the bill to pay automatically to the biller.

• Mobile Top-up:

The net banking service enables customers to recharge the mobile through net banking. The net banking facility provides the recharge in three easy steps so that, the process can be performed smoothly. Apart from that, the recharge option also offers interesting deals to the customers.

• Online Shopping:

With the popularity of net banking, online shopping has become easy among people. The customers can use the Standard Chartered user ID and password to shop online. The money transaction easy and hassle-free for the shopper. In order to make the transaction clear the OTP is generated. The OTP is sent to the registered mobile number. One needs to enter the OTP to verify the payment.

• Digital Signature:

The net banking can approve the authenticity of the digital signature. It provides high security at the time of the money transaction. It secures the information and prevents the exchange of information at the time of the money transaction.

• Investment Service:

Internet banking helps in investment service. It enables the customer to risk-free investment banking.

Benefits of Having Standard Chartered Online Banking:

As I mentioned earlier, online banking services are available for both credit cards and savings account users. Moreover, there are several benefits of online banking facilities. I am listing some of the benefits below.

• 24/7 access to the account information: With the help of online banking. You now have 24/7 and full access to your savings account and credit card. Meanwhile, you will be able to check your account balance, transaction details, and many more only by a few clicks of your fingers.
• Improved Security: Standard Chartered Bank online banking provide additional security to its customers. It is called 2FA (Two Factor authentication) for log in and also, a 6-digit random one-time password for accessing higher amount transactions. The transactions will only get the process after the correct code has been entered into the system.
• Online credit/banking services: The credit card internet banking holders and the savings account holder can access numerous services of online banking.
• Bill payment made easy: With the help of Standard Chartered Bank online banking, the bill payments made easier.
• Fund transfers: With the help of Standard Chartered Bank online banking, you can transfer funds from your savings bank account to any other bank account at no extra charge.

How to Register to Standard Chartered Net Banking Login?

In order to register Standard Chartered net banking, the customer needs to have a debit card number, password, and mobile phone. The following steps will help the customers to register into the net banking.

• The customer needs to open the Standard Chartered online banking. After that, the customer is asked to select Online Banking in the navigation menu that comes on the left side.
• Then click on the ‘signup for online banking’ option.
• The customers are asked to read all the terms and condition that comes after that. After reading it the customers need to click on ‘accept’.
• Then the customer needs to enter the debit card number and PN and then click ‘next’ to confirm the command.
• After selecting the confirm option the bank will send a one-time password or OTP to the mobile number.
• The customer needs to enter the OTP and click on the ‘next’ option.
• After that, the customer needs to set the username and password and then needs to click ‘next’.
• After that, the customer needs to click on the ‘register’ in the login page.
• The customers are asked to click ‘register with the debit card number and pin’.
• Again the customer needs to read all the terms and condition that will appear on the page and then click on ‘accept’ to proceed.
• Then customer needs to enter the debit card number and PIN and then click ‘Next’ for confirming.
• The customer needs to confirm the mobile number and then needs to select ‘confirm’ and the bank will send OTP to the registered mobile number.
• The customers are asked to enter the OTP that is sent to the mobile number and click on the ‘next’ option.
• Then the customer needs to set up the username and password and click on the option ‘next’.
• Then the customer needs to proceed to login option to enter into the net banking.

Offline Registration (SCB Internet Banking):

It is an offline method and can be a bit painful. It is because you need to use your internet connection for downloading the registration form and then sent it to SCB bank via post.

• First, you need to download the application form for offline internet banking registration. You can quickly download the application form by clicking here http://av.sc.com/in/content/docs/individual.pdf.
• You can also get the particular form offline by calling the SCB helpline numbers.
• Fill all the essential information like your personal details, credit card or bank details, and any other required details on the form.
• Once you are done with filling up the form. You now have to send this particular form to the bank using any postal service.
• Send the application form to the bank address, and the address is Standard Chartered Bank, P.O. Box number. 8888, Chennai, India.
• Once the bank receives the application form. They will send your user I.D. and password to your registered email.
• This process usually takes three working days, but it can be delayed if there is any delay from the postal service side.
• You can log in to your account immediately after receiving these details. Moreover, you can also change your password for security reasons.

Security Measures:

• You should not share these private details, such as your user I.D., password, and bank account details with anyone. It can lead to any fraudulent activity.
• If there is any mishappening or any transaction that you had not made, then contact the bank immediately.
• Always change your login password within some time frame.
• Do not use your name and some common letters in your password.
• Do not use internet banking if you are connected with any public WIFI.
• Be aware of fraud calls and emails and inform the bank for the same.

In conclusion, it is important to protect the confidential information about the account details, and IFSC codes, etc. The bank always prohibits the customers so that they do not share the information with others. If anyone forgets the password then the bank will send a temporary password to the registered mobile number. Then one needs to visit the nearest branch in order to fix the issue.