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Bank offers a variety of service and variety of account to open and store our money. One such account type is the Current Account that is specifically designed to provide the services to the business and organization to operate the fund transfer and business transaction efficiently and faster. What Is Current Account? Current Account is an account that is specifically designed to service the business and organization needs of the bank. Services like fund transfer using NEFT, IMPS and RTGS will be delivered with the best and faster speed. These account does not offer the interest like savings account but it does not have the limitation of a savings account Savings account comes with the limitation of fund transfer, daily limit, and other limitation that can become a problem while operating a business. To solve this, bank offer their client with the Current Account that does not have these limitations. Benefit of Current Account There are a lot of benefits of using t...

Mobile is a device that everyone has and uses it to carry around everywhere. Mobile devices are fast featured and compact than a laptop which enables the user to carry it around. The use of the mobile devices is very  common with the introduction of Smartphone that delivers the best user experience to the user carrying. Many companies and industries has now integrated the business with the Smartphone to provide seem less experience. This can also be seen on the Banking sector where the mobile devices is now featuring the use of mobile app the can help the user with the banking. Normally, an individual spend a lot of time in lines and waiting for the turn to present to the counter for the banking purposes like money deposit, withdrawal  etc . With mobile banking technology the account holder can use the mobile devices to do the payments, fund transfer, and much more that requires the user to visit the ban branch. Basically, there are two types of mobile banking one of...

Online Banking or net banking is a method of banking that allows the account holder to use all the banking service using an internet connection and a browser. This feature makes it a very favorable method of banking as it saves time and effort to visit the bank branch and wait in the queue to do the banking. There is another banking method that is  similar to the net banking and it is called Mobile Banking. The difference between Net Banking and mobile banking is the use of Smartphone and a specifically designed app for banking  purposes . Whenever online banking is mentioned one of the concerns regarding the service is security. Security is essential when money is involved . There were numerous cases of online frauds in the past that makes us trusting the online banking unlikely. But, in the recent year, the technology has improved for providing the more secure and safe ecosystem for using the banking service. How Banking Technology Has Improved The Banking Sector? ...