Is Bank Customer Data Sharing Legally Permitted in India?
Yes, bank customer data sharing is legally permitted in India in certain circumstances, but it is not unrestricted. Banks hold…
Is Online Banking Fraud a Criminal Offence in India?
Yes, online banking fraud can be a criminal offence in India. Fraudulent activities such as unauthorised access to bank accounts,…
Is a Joint Account Holder Legally Responsible for Withdrawals in India?
Yes, a joint account holder can be legally responsible for withdrawals in certain circumstances, but responsibility depends on the account’s…
What Happens if You Develop a Disease after Buying Health Insurance?
If you develop a disease after buying health insurance, the condition is usually assessed under the active policy. This depends…
Is Bank Account Closure Charge Legally Permitted in India?
Yes, banks in India can generally levy an account-closure charge, provided the charge is permitted under the applicable terms and…
5 Financial Goals Every Renting Family Should Consider
Renting a home comes with its own set of money challenges. Without a mortgage to build equity, it can feel…
Is PAN Mandatory for Opening a Bank Account in India?
PAN is generally required when opening a regular bank account in India, but having a PAN card is not the…
Top 10 business ideas you can start with a small loan in India
Quick answer: You do not need a fortune to start a business in India. A modest loan can fund a…
Pension Plan vs Monthly Income Scheme: Which Can Provide More Predictable Retirement Income?
Retirement is an exciting phase of your life because you get to enjoy your golden years with family and indulge…
Is Aadhaar Mandatory for Opening a Bank Account in India?
No, Aadhaar is not universally mandatory for opening a bank account in India. Banks must complete the applicable KYC requirements,…