The State Bank of India has launched hassle-free digital banking facilities for quick and convenient operations for various functions. The SBI balance check facility allows you to get the latest update about your account balance promptly without visiting the bank branch. You can check your SBI account balance instantly using various methods like missed call, SMS, WhatsApp, UPI, ATM, or mobile apps. Additionally, SBI’s IVR facility allows customers to check balances by calling the SBI toll free number for balance check.Different Methods Of SBI Balance Enquiry in 2025If you are an SBI bank account holder and want to know how to check your SBI balance instantly, you can do so through the following methods:Missed Call Facility - 919223766666SMS Service - SMS ' ‘BAL’ to 919223766666ATMNet BankingMobile BankingSBI Whatsapp BankingSBI passbookCalling the toll-free number - 1800 1234, 1800 2100, 1800 425 3800UPIUSSDCheck SBI Account Balance Through Missed Call FacilityWith this new feature, you can get your account balance, mini statement and so on by just giving a missed call. You can check your SBI account balance instantly by giving a missed call to the SBI balance check number 09223766666 from your registered mobile number. This service is completely free and gives you your latest account balance via SMS.Here is the step-by-step guide:Step 1: To use this service, first, you must register your mobile number by sending the following SMS                                                 REG<space>Account Number                                                               to 09223488888For instance, REG 2349084781.

Mobile payments have made life easier for people who prefer not to carry cash. Today, the availability of several UPI apps, such as Google Pay, Paytm, and others, has made it simple to send and receive money using either a registered mobile number or a UPI ID.Read on to get a comprehensive guide on UPI IDs and their usage.What is UPI ID?The full form of UPI is a Unified Payment Interface which is a popular mobile payment system developed by the National Payments Corporation of India. Everyone can have a unique UPI ID, which acts as a virtual payment address. The ID can be used to send and receive money instantly via any of the UPI applications. With UPI, you do not have to know the bank account number of the recipient for transactions; all you need is the UPI ID. Some UPI ID examples for your reference are:9*******47@ybl (where ybl acts as the bank id and the mobile number is the number linked to your bank account)xyzabc@oksbi (where xyzabc is the name of the customer and “oksbi” is the bank id)How to Create a UPI ID?The steps to create a UPI ID are:Download any UPI payment app on your phone such as the BHIM app, Google Pay or PhonePe. Enter the mobile number registered with the bank you want to create the ID.An SMS will be sent to your mobile number to verify the number.Choose the name of your bank from the list provided. Your bank details will be automatically retrieved by the UPI platform based on the mobile number provided by you. Provide your debit card details and set up the UPI PIN if you link your bank account for the first time.Once your bank account is linked, you can use any UPI app to use the ID for transactions. How to Create a UPI ID in Google Pay?To set up your ID using Google Pay, follow these steps:Download the Google Pay app from the Play Store on your mobile phone and open it.Click the profile picture area on the top right corner of the app.Select “Payments Method”.Select the bank account you want to create the new UPI ID for.Click on “Manage UPI IDs”.Next to the ID you want to create, select “Add +”.While making the payment, select the UPI ID you want to use under the option “Choose account to pay with”.How to Create a UPI ID in PhonePe?To create UPI ID using the PhonePe application, follow the below steps:Download and open your PhonePe app on your phone.Click on the profile icon.Visit “UPI Settings”.You can add or remove UPI ID from this option.How to Create a UPI ID in Paytm?Creating a UPI ID on the Paytm application is very easy.

The use of online transactions are increasing daily among every individual and business. But the security issue related to online payment persists as we hear about frauds and scams almost daily. To strengthen the security of your transactions, mobile banking apps and UPI platforms have started asking for MPIN for verification. It is a unique passcode you must enter to authenticate your identity before proceeding with any transaction.Go through this article to know more about MPIN and its relevant details.What is an MPIN Number?The full form of MPIN is Mobile Personal Identification Number. It is a 4 or 6-digit code you must enter on payment or banking apps before making a transaction. It acts as an authentication process during payments. With the help of MPIN, you do not have to remember details like bank account number, IFSC code or other personal information for verification during transactions.

FAANG is a term used to describe the stocks of a group of successful US-based companies. FAANG stocks are said to be some of the highest-performing international stocks. This is an acronym for a group comprised of the five most successful American tech gainst with high-growth stocks. These stocks are popular not only within the United States but also internationally.  FAANG stocksFAANG stands for Facebook, Amazon, Apple, Netflix, and Google. Coined by Jim Carter, a CNBC personality in 2013, FAANG stocks represent some of the most successful stocks in the share market with optimistic growth. Originally, the acronym was FANG, but later, Apple also joined this group, making it FAANG in 2017.Since these are shares of the most successful American tech giants, these companies have a market capitalisation of over USD 7 trillion (As of the first quarter of 2022). FAANG stocks chartHere is a list of the FAANG stocks with an estimation of their annualised returns and other factors:FAANG (MAANG)Market cap (In Us dollars)*Price-Earnings (P/E) ratio*Annualised returns (5 years)*AAPL (Apple)2.68 trillion28.833.90%AMZN (Amazon)1.06 trillion245.35.70%GOOGL (now Alphabet Class A)1.6 trillion23.916.1%META (Meta Platforms)610 billion29.46.70%NFLX (Netflix)143 billion34.60.6%*Disclaimer: All data are subject to change based on market transitionsFAANG stocks exampleFAANG is composed of the stocks of the biggest tech companies in the international market.

Are you tired of getting stuck in the middle of an online transaction due to poor internet connectivity? Well, now you can simply use a USSD number and complete your transaction without an internet connection. You may effortlessly transfer and request money, change your UPI PIN, and check the amount of your account with this mobile banking service. To take advantage of these services anytime and anywhere, dial *99# on your mobile phone.Read on to understand more about how this offline UPI payment works and how you can set up transactions with this method.What is the offline UPI payment number?By using *99#, you can get access to UPI without the internet. The service is available nationwide, with the association of 83 leading banks and four telecom service providers. You can even choose the language you are comfortable with while using this service, as it is available in 13 different languages, including English and Hindi. National Payments Corporation of India (NPCI) started the service of *99# to process transactions of UPI across several banks in India. All you need to do is dial the USSD number on your registered mobile number, and you can transact the money with the help of an interactive menu available on the mobile screen. Presently, the upper limit of such transactions is Rs.5,000.

Technology has brought in the most dramatic change in the banking industry in hundreds of years, altering how banks communicate with their customers and even with one another. The shape of existing retail banks is changing, owing to competition from fast, focused digital newcomers eating into revenue streams.You may have heard the term “digital banking” whether you are a banker, an online shopper, a tech-savvy user, or even a frequent bank customer.Digital banking services are those that a consumer can use on any internet-connected device, smartphone, or tablet. This method of consumer banking is much superior to going to a bank.People have benefited from many convenient features and options provided by digital banking. The following are the top five features:1. Online bankingThe online banking feature allows you to bank whenever and wherever you want.Except for the time required for website maintenance, website services for internet banking are available 24 hours a day, seven days a week throughout the year.Most banks that offer online banking offer a variety of high-quality, technological solutions to make your banking experience simple and fast.With a few exceptions, most online banking platforms provide the same basic functionality, and the majority of these services are offered free of charge to customers.2.

Assume you graduated from an engineering college in March 2019 and are about to begin working to gain experience in the corporate world.You’re scheduled to start on July 1st, and in the meantime, you’ve been thinking about mapping out your career path and weighing your options.Following your brainstorming, you narrow down your choices to two:Option 1: After 10 years of service, get an executive MBA.Option 2: After 5 years of service, pursue a daily MBA.Executive MBA after 10 yearsLet’s make a rough calculation of the cost of schooling. An executive MBA in the current year ranges from Rs 7 lakh to Rs 40 lakh.ISB, one of the top B-schools, currently charges Rs 38 lakh, while some other well-known names in the top -15 colleges charge anywhere between Rs 7 and 10 lakh.But that is what you want to do in 10 years. As a result, you must calculate the cost in 2029.Regular MBA after 5 yearsIf you want to do a standard two-year MBA, the top five B-schools charge between Rs 15-20 lakhs and Rs 7-10 lakh, while the other top 15 B-schools charge between Rs 7-10 lakh. However, given what you plan to do in five years.As a result, you must measure the cost in 2024.How Can You Accumulate the Money?There are a variety of investment choices in the market, but mutual funds are the most lucrative. When you equate mutual funds to other investment options such as public provident funds, bank deposits, gold, real estate, and so on, you’ll find that mutual funds have the best returns.You must achieve a higher education goal.

In today's fast-evolving corporate space, books and periodicals are essential for employees to stay updated on news, changes, and policies. Not only that, books and periodicals are interactive and engaging and bring in a sense of relaxation after a long day at work.Most companies include book and periodical allowances in the salary package to ensure employee progress and interest. Since book and periodical allowance is part of your salary, you may have questions regarding the exemption limits, formats and deductions.Keep reading to learn about the book and periodical allowance exemption limit, eligibility, tax benefits, and a lot more.What is Book and Periodical Allowance?Books and periodicals allowance is part of a special allowance granted to employees for their welfare and interest. Under this allowance, employees get reimbursement for the expenses incurred in purchasing books, magazines, journals, and newspapers. According to section 10(14) of the IT Act 1961, books and periodicals allowance are completely tax exempt. Employees are entitled to the allowance only if they claim it within a year of purchase.

In the complex web of taxation laws and exemptions, one that often goes unnoticed but significantly impacts the lives of many employees is the Washing Allowance Exemption. As per Section 10(14)(i), the exemption is offered to salaried employees who incur expenses to clean and maintain their uniforms on official duty.It is essential to understand the provisions, exemptions, and limits under the Income Tax Act to properly understand the aspects of the washing allowance exemption. Let us delve deeper into this article to get a proper understanding of the Washing Allowance Exemption under the Income Tax Act 1961.What is the Washing Allowance?A washing allowance is provided to employees for maintaining the uniform or work attire required by their job. This allowance helps cover the cost of laundry and maintenance of the uniform. Washing Allowance Exemption LimitThe Washing Allowance Exemption limit is the highest amount an employee may claim as an exemption from their employer's washing allowance. In accordance with Section 10, the ceiling for the Washing Allowance Exemption under the Income Tax Act of India is Rs.1,000 per month or Rs.12,000 per year. This implies that if an employer offers a monthly washing allowance of up to Rs.1,000, the full payment is tax-free.

Companies often provide bonuses to their employees to appraise their performance in a financial year. This is because your performance helps in increasing the profitability of the company. However, you need to pay an income tax on the bonus depending on the amount of bonus earned.Now you may ask why you need to pay tax against your additional income. So, this article will answer your doubts regarding the taxability of bonuses.When is the Bonus Taxed?The bonus that you receive from your employer is considered as Income under the head Salary, and tax on such bonus is applicable for the same financial year when your employer declares it. Even if you receive the amount in the next year, you are liable to pay the tax for the financial year it has been declared.  Let’s assume your employer declares an employee bonus of Rs 25,000 on March 15, 2024.