Expected Dearness Relief, DR hike of Bank Pensioners from Feb’24 to July’24

The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for October 2023 has been released on 30.11.2023, the last working day of November month, by Labour Bureau, under Ministry of Labour and Employment. Based on the AICPIN of October, November and December 2023, Dearness Relief (DR) hike from Feb’24 to July’24 willContinue reading “Expected Dearness Relief, DR hike of Bank Pensioners from Feb’24 to July’24”

बैंक कर्मचारियों के लिए महंगाई भत्ता (DA) 1 फरवरी 2024 से

अक्टूबर 2023 के लिए AICPIN – IW श्रम मंत्रालय द्वारा 30.11.2023 को जारी किया गया है। अक्टूबर, नवंबर, दिसंबर 2023 के AICPIN-IW की घोषणा के बाद, 1 फरवरी 2024 से बैंक कर्मचारियों या बैंकरों के लिए DA वृद्धि हमें 11वीं और 10वीं BPS के लिए ज्ञात होगी।

Expected Dearness Allowances, DA for Bank employees or Bankers from 1st February 2024

AICPIN – IW for October 2023 has been released by Labour ministry on 30.11.2023. After declaration of AICPIN-IW for October, November and December 2023, the DA hike for Bank employees or Bankers from 1st February 2024 will be known to us for 11th and 10th BPS. IBA will also declare the DA hike circular forContinue reading “Expected Dearness Allowances, DA for Bank employees or Bankers from 1st February 2024”

Fixed deposit interest rates’ comparison of 12 Govt. banks

After RBI’s change in monetary policy, most of the banks usually revise their Fixed deposit interest rates in synchronization with the policy of RBI. Here, we have compared all the 12 public sector banks or nationalized banks’ fixed deposit interest rates of SBI, PNB, BoB, Canara bank, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBIContinue reading “Fixed deposit interest rates’ comparison of 12 Govt. banks”

New FASTag online buy, FASTag replacement, FASTag recharge, Fastag FAQ

Promoted by National Electronic Toll Collection (NETC), Fastag is a RFID based device linked with bank account or digital wallet, through which the toll scanner scans your card and toll amount will be deducted automatically. Fastag is the way of digital payment of toll fare in place of cash.

Savings account interest rates’ comparison of SBI, ICICI, PNB, HDFC, BoB, Axis and other banks

Saving interests in Indian banks are on the increasing trend and after latest RBI’s decision, most of the public sector banks and private banks have reduced the savings interest drastically. Here we are comparing savings account interest of all govt. banks and 3 largest private banks ICICI, Axis and HDFC.

Minimum balance requirement and charges for not maintaining QAB or MAB in Indian banks

In most of the Indian banks, if you have a bank account, you need to maintain a minimum balance amount per month or per quarter. If you fail to do so, you will be charged for not maintaining the minimum balance amount known as Quarterly Average Balance (QAB) or Monthly Average Balance (MAB).

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