What is a PPF Account? How to Open a PPF Account?

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Building a financially secure future requires smart planning and disciplined saving. A PPF account can be a useful option in this regard. The full form of PPF is Public Provident Fund. It is a government-backed savings scheme, offering an appealing option for long-term financial goals, especially retirement.   Let’s learn more about what a PPF account…

Tokenization in Digital Payments: How it Works, Benefits and More

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In a day and age where digital payments have become the norm, it is more important than ever to ensure safe and secure transactions.   One of the most effective security measures in digital payments is tokenization. This process helps protect sensitive financial information during transactions by replacing it with a ‘token’. Let’s understand what tokenization…

Cash Withdrawal Using UPI from ATM

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It is no secret that the Unified Payments Interface (UPI) has made it easier than ever to make payments. All you need to do is tap a few times on your screen and the payment is done. But did you know that now, UPI also enables you to make cardless cash withdrawals at the ATM? …

UPS vs NPS: Key Differences

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The Unified Pension Scheme (UPS) was introduced by the Government of India in August 2024 and is expected to be fully implemented by April 2025.  This scheme is designed to offer central government employees a more secure retirement by offering an assured pension during their golden years. With its salient features, such as inflation indexation,…

What is Debit Card Hotlisting? How to Block a Debit Card?

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A debit card is an important document that provides convenient access to your bank account. However, what happens if your card is lost or compromised? In such situations, it is crucial to protect your funds by hotlisting your debit card.   To hotlist a debit card means to immediately block your debit card to prevent unauthorised…