WhatsApp introduced a feature allowing users to send photos and videos in high-definition (HD). With this update, the messaging app was able to address a longstanding issue for many who struggled to maintain quality while sharing media files. Previously, users resorted to workarounds like sending files as documents, which could be cumbersome and not user-friendly….
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It is difficult to keep track of the due date on credit card bills. Customers often fail to remember the due dates of their credit card payments and sometimes even miss the deadline. Besides the financial obstacle, it also impacts one’s credit score. There are also times when people receive a credit card with a…
The largest bank in India, State Bank of India (SBI), has recently revised its annual maintenance charges for debit cards and has announced a hike of Rs 75. This will be effective from April 1, 2024, as per the SBI website. The announcement mentioned that the maintenance charges will be revised for Classic, Silver, Global,…
Navigating health insurance can be tricky! To ensure you’re getting the right coverage and avoid future headaches, here are some key mistakes to steer clear of while choosing a health insurance plan. Additionally, we’ll explore the complaint process if you ever face issues with your insurer. With the right knowledge, you can make informed decisions…
The Government of India (GoI) has recommended that all bank branches that handle government receipts and payments remain open for business on Sunday, March 31, to account for all government receipts and payments in FY 2023-2024. According to a notification issued by the Reserve Bank of India (RBI), only agency banks will be open on…
The Employees’ Provident Fund (EPF) is a retirement savings scheme supported by the Central government, accessible to all salaried employees and private sector workers. Each month, an employee contributes 12 percent of their basic salary and dearness allowance towards EPF savings, with the employer matching this contribution. The Employees’ Provident Fund (EPF) interest rate is…
Amid the rising number of online fraud cases nationwide, the Pension Fund Regulatory and Development Authority (PFRDA) is set to revamp the current login process for National Pension System (NPS) accounts by April 1, 2024. The pension regulatory body recently announced an enhanced security system. They have implemented a two-factor Aadhaar authentication and made the…
A passport is an essential document that confirms the identity and nationality of its holder, allowing for travel for leisure, business, or educational purposes. It remains valid for ten years from the date of issue for adults, after which renewal is required. The renewal process can be initiated up to three years after expiry or…
Recently, the Life Insurance Corporation of India (LIC) introduced a new investment plan called the LIC Index Plus Plan. This plan is for individuals and involves regular premium payments. According to LIC, the plan provides both life insurance coverage and savings for the entire policy term. After the initial five-year lock-in period, policyholders have the…