The Bank of Maharashtra Savings Account offers a secure and convenient way to manage your money while enjoying attractive benefits and banking services. Whether you choose Bank of Maharashtra savings account opening online or offline, the process is quick, simple, and designed to suit your banking needs. Key HighlightsBank of Maharashtra Savings Account Opening OnlineVisit the official website, fill in details, upload documents, and apply through the “Online SB Opening Application.”Once verified and approved, your account will be activated for use.Bank of Maharashtra Savings Account Opening OfflineVisit the nearest branch, fill out and submit the application form with KYC documents.After verification, the bank will approve and activate your account.What are Bank of Maharashtra Bank Savings Account Types?Bank of Maharashtra offers various types of savings accounts such as Mahabank Savings Bank Scheme Yuva YojanaLok Bachat YojanaRoyal Saving AccountPurple Savings AccountSalary accountSupreme Payroll SchemeMahabank Salary Account SchemeEach type of account is designed with its own set of features and benefits to meet diverse customer needs. Bank of Maharashtra Savings Account OnlineOpening a Bank of Maharashtra savings account online is quick and easy. Just follow the simple steps pointed out below.Step 1: Visit the Bank of Maharashtra's official website and click on “Online SB Opening Application”.Step 2: Fill in the necessary details.Step 3: Upload the required documents.Step 4: Your account will be activated upon receiving approval.Bank of Maharashtra Savings Account OfflineFollow the steps listed below to open a savings account with the Bank of Maharashtra using the offline mode.Step 1: Visit your nearest branch of the Bank of MaharashtraStep 2: Collect, fill up the necessary details and submit the account opening application form.Step 3: Submit all the photocopies of the required documents and show the original documents to validate the same. All the documents must be in compliance with the KYC requirements.Step 4: Your account will be activated upon receiving approval from the bank officials.Eligibility Criteria for Bank of Maharashtra Savings AccountTo open a savings account with the Bank of Maharashtra, you need to meet certain eligibility criteria such as –You must be an adult i.e. above 18 years of ageMinors can jointly open a savings account with their natural/legal guardianYour identity and address proof must be furnishedYou must possess a valid PAN card/ Form no.

Bank of Baroda Savings Account Opening is simple and convenient, with both online and offline options available. Customers can choose from different BOB savings account types, each offering unique benefits, flexible features, and easy banking services.Key HighlightsBank of Baroda Savings Account Online - Download the BOB app, select Open a Savings Account Digitally, provide PAN & Aadhaar details, and complete video KYC to activate your account.Bank of Baroda Savings Account Offline - Visit the nearest branch, fill out the account opening form with KYC documents, submit it with the initial deposit, and get your account activated after verification.What is Bank of Baroda Savings Account?A Bank of Baroda Savings Account is a secure and convenient way to save money while enjoying banking benefits like fund transfers, ATM access, and digital services. With simple procedures for Bank of Baroda saving account opening, customers can apply both online and offline. Bank of Baroda Savings Account OnlineFollow the steps mentioned below if you are looking for how to open a Bank of Baroda savings account online:Download the Bank of Baroda app on your mobile phone.You will find three horizontal lines in the top left corner, click it and select ‘Accounts’.Select the ‘Open a Savings Account Digitally’ option.If you agree with their terms and conditions, click on the ‘Yes’ option. Provide your contact details including product type and bank sub-product. Press the 'Generate OTP' button to receive the code.Provide your PAN card and Aadhaar card numbers. After completion, the bank officials will verify your provided details and contact you for further verification.Complete your video KYC for verification.Upon completion of your video KYC verification, you can start using your new BOB savings account.Bank of Baroda Savings Account OfflineTo perform the Bank of Baroda savings account opening process offline, follow these steps:Go to the nearest Bank of Baroda branch.Ask the bank officials for the Bank of Baroda account opening form and fill out the details.Choose the type of savings account you prefer to open.Provide the required details following the 'Know Your Customer' (KYC) format, such as address proof, identity proof, and passport-size photographs.Attach the necessary documents with the application form and a cash deposit slip or demand draft.After the bank officials verify your details, your savings account will be opened.Eligibility Criteria for Opening Baroda Bank Savings AccountTo open a Bank of Baroda savings account you need to meet the following eligibility criteria:You must be an Indian citizen and should be at least 18 years or above. Minors can also open their BOB savings accounts with the help of their parents.You must also have a valid identity and address proof to open the savings account. Documents Required for Baroda Bank Savings AccountThe following is the list of documents required for the Bank of Baroda savings account opening:Address ProofAadhaar cardPassportSalary slipUtility BillsBank statementRation cardIncome tax assessment orderRegistered sale deed or lease agreementPension payment ordersIdentity ProofGovernment/Defence ID CardAadhaar cardPAN cardNREGA job cardPhoto ID cards issued by Post OfficesVoter ID cardEmployee IDDriving licencePhoto identity cards issued to students and approved by the All India Council for Technical Education (AICTE) or by the University Grants Commission (UGC)Two passport-size photographsBank of Baroda Bank Saving Account TypesHere is a list of different types of Bank of Baroda savings accounts that you can avail:Baroda Family Savings AccountsBaroda Senior Citizen Privilege Savings AccountBOB BRO Savings AccountBaroda Professional Savings Bank AccountBOB LITE Savings AccountBaroda Mahila Shakti Savings AccountBaroda Pensioners Savings Bank AccountBaroda Platinum Savings Bank AccountBaroda Jeevan Suraksha Saving AccountBaroda Champ AccountBaroda SB Self-Help Group AccountBank of Baroda Savings Account Minimum BalanceDifferent types of Bank of Baroda savings accounts require you to maintain different minimum balances. The following table mentions the minimum balance of different types of savings accounts:Savings Account TypeAmount (in Rs.)Baroda Family Savings AccountsRs.

Opening a savings account is the first step towards financial savings and growth. Axis Bank, one of the leading private sector banks in India, offers a range of savings account options to suit different needs and preferences. Key HighlightsOnline Method - Open an Axis Bank savings account by visiting the website, filling in personal details, uploading documents, and submitting the online form. Once approved, your account is activated for use.Offline Method - Visit the nearest Axis Bank branch, fill out the savings account application form, and submit it along with KYC documents and photos. The bank will verify and activate your account.Axis Bank Savings Account Opening OnlineOpening a savings account in Axis Bank online is quick and convenient. Simply visit the Axis Bank website.Click on the "Apply Now" button on the Savings Account Webpage.Fill out the online application form by providing your personal details like your name, address, contact number, city and your preferred branch.Upload the required documents and click on “Submit”.Once your application is approved, your account will be activated and ready for use.Axis Bank Savings Account Opening OfflineIf you prefer to open a savings account in Axis Bank using the offline mode, you need to follow the below stated steps.Visit your nearest Axis Bank branch and collect the account opening form. You can also download the same from the bank’s official website.Fill out the application form by providing all the necessary details like your name, address, phone number, preferred branch and city.Submit the duly filled application form to the nearest branch along with your KYC documents and recent passport-size photographs.After verification, your account will be activated, and you’ll receive an SMS notification along with a welcome kit containing your debit card, passbook, and cheque book.Axis Bank Savings Account Opening FormTo open a savings account in Axis Bank, you will need to fill out the account opening form.

Kotak Mahindra Bank also offers its customers a number of financial products and services, one of which is a savings account. Kotak Mahindra Bank offers a range of savings accounts to suit the diverse needs of its customers. From basic savings accounts to premium options with exclusive benefits, there is something for everyone. Key HighlightsOpen a Kotak Mahindra Bank Savings Account in the following ways:Online Method – Open a Kotak Mahindra Bank Savings Account on the official website by filling in details, uploading KYC documents, and completing verification digitally.Offline Method – Visit the nearest Kotak Mahindra Bank branch, submit the application form with KYC documents, make the initial deposit, and activate your account after verification.What are Kotak Mahindra Bank Savings Account Types?The bank offers various types of savings accounts, such as:Classic Savings AccountNova Savings AccountKotak Mahindra Bank Zero Balance Saving Account 811811 Digital Bank AccountSankalp Savings AccountEveryday Savings AccountSaving EdgePro Saving AccountSaving Ace Digital Savings AccountSilk Women’s Savings AccountJunior – The savings account for kidsGrand Savings ProgrammeMy family savings accountEach account comes with unique features and benefits to cater to different customer preferences and requirements.Kotak Mahindra Bank Savings Account OnlineOpening a Kotak Mahindra Bank Savings Account online is quick and convenient. Visit the bank's website to open a savings accountFill in the required personal details like your name, Aadhaar registered mobile number, email ID, and PincodeClick on “Open now”Upload the necessary documents like your identity proof, address proof, recent passport-size photographs, etcComplete the verification process to open your savings accountKotak Mahindra Bank Savings Account OfflineIf you prefer to open an account offline, you should follow the steps given below:Visit your nearest Kotak Mahindra Bank branch and collect the savings bank account opening application form.The application form must be filled up by the applicant. So fill up the application form by providing all your required personal details.Submit the completed application form along with your KYC documents.The bank official will verify the documents and check whether all the requirements have been met or not.Upon completion of the verification process, you need to make a payment for the initial depositYou will receive the debit card and the other relevant bank documents after the successful payment of the initial deposit.EligibilityTo open a Kotak Mahindra Bank Savings Account, you need to meet certain eligibility criteria such as minimum age requirements, citizenship status, and verification procedures. Ensure you fulfil all the eligibility criteria before proceeding with the account opening process.You must be a citizen of IndiaYour age must be above 18 years (not applicable in case of a minor savings account)Your identity and address must be validated along with the account opening form through proper KYC verification.You must deposit the required initial deposit based on the minimum balance requirement of your specific savings account.Documents The documents required for a Kotak Mahindra Bank savings account are:Identity and address proof – Aadhaar Card, Passport, Voter ID, Driving licensePan card/ Form 16Two recent passport-size photographsKotak Mahindra Bank Savings Account Minimum BalanceKotak Mahindra Bank’s minimum balance requirement varies by account type, and non-maintenance attracts penalty charges.

ICICI Bank offers a simple and convenient process to open a savings account. You can complete the ICICI Bank savings account opening online through Aadhaar-based eKYC and video verification. For those who prefer offline mode, ICICI savings account opening is also available at any nearby branch. Key HighlightsYou can open an ICICI account in two ways. Online Method - Open an ICICI Savings Account through the official website by selecting the account type, entering your Aadhaar & PAN details, and completing the Video KYC process.Offline Method - Visit the nearest ICICI Bank branch, submit the application form with documents, and get the account activated after verification.ICICI Bank Savings Account Opening OnlineHere is a step-by-step guide to follow for ICICI Bank savings account opening online:Visit the official website and click on ‘Savings Account’ from the ‘Accounts’ tabSelect the option ‘Open an Account Instantly’Enter all your necessary details including email address, contact number, and PAN You will receive an OTP sent to your registered mobile number. Enter the OTP to verify your Aadhaar informationTick the terms and conditions checkbox to agree to open an accountComplete the video KYC to avail benefits of the ICICI bank savings accountICICI Bank Savings Account Opening OfflineHere is a step-by-step guide on how to open an ICICI bank savings account offline:Visit ICICI Bank's nearest branch. Approach the executive for a savings account opening formFill out the form with all necessary details carefully to avoid rejectionOnce the form is filled up, the executive will contact you for further verification of documents Upon successful verification, you need to deposit a certain amount, based on the minimum balance requirementYour savings account is now active and the bank executive will provide you with a bank account passbook along with a debit card to make transactions easy and hassle-free. ICICI Bank Savings Account Eligibility CriteriaIf you are looking to open a savings account in ICICI Bank, it is mandatory to meet the following eligibility criteria: Indian residents, HUFs, and foreign nationals must be aged 18 years and aboveSavings accounts are allowed to be accessed by minors as wellSenior citizens aged 60 years and aboveICICI Bank Savings Account Documents RequiredWhile opening a savings account, you should keep some of your documents ready.

The Marginal Cost of Funds Based Lending Rate (MCLR) is the internal benchmark set by banks to determine minimum lending rates, as mandated by the Reserve Bank of India. Introduced in April 2016, MCLR replaced the older base rate system, aiming to make interest rate transmission more transparent and market-linked. This article will provide an overview of MCLR, including its calculation, implementation, impact on loans, benefits, limitations, and key differences from the earlier base rate system.What is MCLR?The Marginal Cost of funds-based Lending Rate (MCLR) is the minimum lending rate below which a bank is not permitted to lend. MCLR replaced the earlier base rate system for determining the lending rates for commercial banks.RBI implemented MCLR on 1 April 2016 to determine rates of interests for loans. It is an internal reference rate for banks to determine the interest they can levy on loans. For this, they take into account the additional or incremental cost of arranging an additional rupee for a prospective buyer.The Outcome of MCLR ImplementationAfter the implementation of MCLR, the interest rates are determined as per the relative risk factor of individual customers.

The Income Tax Department offers an Instant e-PAN service, allowing individuals to obtain an e-PAN card in 10 minutes conveniently. This Aadhaar-based e-KYC process is completely digital, requires no paperwork, and is free of cost.In this article, you'll find details about eligibility criteria, how to apply for an e-PAN, and how to check the status of your Instant PAN through Aadhaar.Instant PAN Allotment Through Aadhaar CardThe new provision by the Income Tax Department facilitates the allotment of an instant PAN to individuals who already possess a valid Aadhaar card. The applicants will not be required to submit a detailed application form as in normal cases. The instant PAN Card will be issued in PDF format with no additional charges.The PDF contains a QR code that includes the demographic details, such as the applicant’s name, date of birth, and photographs. You can use the 15-digit acknowledgement number to download the e-PAN from the income tax e-filing portal.

In Indian homes, gold has always been valued highly, whether as jewellery, an investment, or a representation of cultural sentiment. It is a reliable and enduring aspect of Indian life, from weddings and festivals to inheritance and financial crises. But over time, its monetary value has changed significantly.This article will guide you through the historical price trends of gold in India, the factors that affect these prices, their cultural significance, and current gold investment opportunities. Gold Rate History in IndiaThe following chart outlines the historical average price of 24K gold (per 10 grams) in India:YearPrice (24K, per 10g)2025 (as of July)₹94,6302024₹64,0702023₹65,3302022₹52,6702021₹48,7202020₹48,6512015₹26,3432010₹18,5002000₹4,4001990₹3,2001980₹1,3301970₹1841964₹63.25Significance of Gold in Indian CultureGold extends beyond its monetary value in Indian society. Its relevance is embedded in religious observances, family traditions, and social customs. Key cultural roles of gold include:Religious Beliefs: Gold is considered sacred and is donated generously to temples and used in rituals.Family Legacy: Jewellery often becomes heirlooms passed down generations.Symbol of Wealth & Status: Gifting or owning gold is a sign of prosperity.Financial Backup: In emergencies, gold is often the first asset families turn to.Gold Rate History in India: Last 5 YearsA closer examination of the last five years reveals the economic forces behind recent price movements:2020: Prices surged due to global uncertainty and COVID-19 panic, peaking at ~₹48,651.2021–2022: Moderate correction as economies started stabilizing.2023–2024: Gradual increase influenced by geopolitical tensions (Russia-Ukraine), high inflation, and fluctuating USD.2025 (so far): Reaching all-time highs (~₹94,630), reflecting continued global uncertainty and strong investor demand.Gold Prices in India: Before & After IndependenceBefore 1947Gold acted more as a currency and reserve asset.

Wrong UPI transactions occur when funds are mistakenly transferred to the wrong account or UPI ID. In the event of a wrong UPI transaction, it's important to act quickly and follow the right steps to raise a wrong UPI transaction complaint. You can initiate a reversal request through your bank, UPI app, or the wrong UPI transaction complaint number provided by the NPCI to reverse a wrong UPI transaction.Action RequiredDetailsContact BankCall bank customer care or visit branch within 24–48 hoursUPI App DisputeUse “Help” or “Dispute” feature to report wrong UPI transactionNPCI Grievance RedressalFile complaint at https://crcs.ncpi.org.inComplaint Number (NPCI)1800-120-1740 (for UPI dispute assistance)Legal Action (if required)File police complaint or approach consumer forumWhat is a Wrong UPI Transaction?A wrong UPI transaction occurs when money is mistakenly transferred to an incorrect UPI ID, mobile number, or bank account due to human error or technical issues. This can happen if the sender enters the wrong UPI details, selects the wrong contact, or falls for a fraudulent request. As per the guidelines of RBI, it is the sole responsibility of the beneficiary to enter the correct details to avoid a wrong UPI transaction. In such cases, it’s essential to raise a wrong UPI transaction complaint as soon as possible.

ICICI Bank gold loan interest rates are quite competitive in the market, it starts from 9.15% p.a for a loan amount of ranging from Rs.50,000 to Rs.2 crore. So keep reading to know all the details, such as eligibility, application procedure, documents required, and much more related to the ICICI Gold Loan.  Highlights for ICICI Bank Gold Loan Interest RatesFeatureDetailsInterest Rate9.15% – 16.75% p.a.Loan Amount₹50,000 to ₹2 croreLoan Tenure6 to 12 monthsGold Rate/Gram₹1,755 – ₹2,145 (approx.)Processing FeeUp to 2% of loan amountForeclosure Fee0% to 2%Customer Care1800 1080ICICI Bank Gold Loan Interest Rate 2025ICICI Bank offers a competitive interest rate on gold loans, and you must keep in mind that the interest rate can directly affect your gold loan repayment. The interest rate on your gold loan mainly depends on two factors - the amount of the loan and the tenure for which the loan was taken. ICICI Bank's gold loan interest rate in 2025 ranges from a minimum of 9.15% to a maximum of 16.75% p.a.ICICI Bank Gold Loan Rate per GramThe gold loan amount offered by ICICI Bank per gram fluctuates from day to day as the rate of gold fluctuates on a daily basis depending on the purity of the gold. The amount of gold loan per gram typically ranges from Rs. 1,755 to Rs.