Bank Accounts

Money

EPFO 3.0 explained: How the new PF withdrawal process differs from the existing one | A detailed comparison

EPFO 3.0 aims to streamline PF withdrawal by enabling direct withdrawals into bank accounts through UPI, reducing paperwork and wait times. This will allow instant, paperless transfers, improving access for subscribers compared to the current, cumbersome process requiring withdrawal claims.

2 min read22 Jun 2026
Money

Frozen bank account explained: Key reasons, required documents, steps and timelines to restore access

Frozen bank account access can disrupt daily finances. Understand common reasons, required documents, timelines, and practical steps to unfreeze a bank account quickly and avoid future account restrictions.

2 min read11 Jun 2026
Money

EPFO interest update: When FY26 interest payment is likely to be credited and how to track it

EPFO retained the EPF interest rate at 8.25% for FY2025-26. Interest payment delay expected between June and September 2026. Check status by looking for 'Int. Updated up to 31/03/2026' entry in the passbook.

2 min read5 Jun 2026
Money

Annapurna Yojana: ₹3,000 transfer begins this week – How Lakshmir Bhandar beneficiaries can update bank details

West Bengal CM Suvendu Adhikari announced the Annapurna Yojana fund transfers starting June 3, providing ₹3,000 to eligible women. Beneficiaries must ensure their Aadhaar-linked bank accounts are updated to avoid issues with payments.

2 min read1 Jun 2026
Money

Can you still claim money from a dormant bank account? RBI says yes — here's how

Forgotten savings still belong to you. Dormant bank account rules in India explain how to recover unclaimed deposits from the RBI’s DEAF fund with simple verification and KYC steps. Understand the rules, build knowledge and take steps to reclaim your funds.

4 min read26 May 2026
Money

‘...4 months just to find bank accounts’: Redditor on father’s death; Experts share how to organise records

A Reddit post highlights a family's struggle to locate a deceased father's financial assets, sparking discussions on the importance of organizing financial information for families. Here's what experts recommend to avoid such a situation.

2 min read23 May 2026
Money

EPFO: You will soon be able to withdraw money from EPF account through UPI, Mandaviya says testing complete — Details

EPFO subscribers will soon withdraw provident funds via UPI, with direct transfers to bank accounts. The initiative aims to streamline service delivery and enhance member access to funds, facilitating quicker transactions for various needs.

3 min read20 May 2026
News

JPMorgan concedes for the first time Trump's accounts were closed after Jan 6 — ‘proves claim’, say President's lawyers

Up until now, JPMorgan Chase had not admitted to closing Trump's accounts after the 6 January insurrection, and the admission drew a sharp reaction from the US President's lawyers, who said the court filing proved his claims.

1 min read22 Feb 2026
Industry

Mint Explainer: Are zero-balance accounts about to become the new normal in banking?

Draft norms seek to expand BSBD services with mobile banking, cheque books and free digital transactions

3 min read2 Oct 2025
News

The Banks That Hold Most Money in Singapore Laundering Scandal

In a Singapore courtroom on Friday, the last of those arrested for their involvement in the island nation’s biggest laundering case pleaded guilty, paving the way for the next steps in the S$3 billion ($2.2 billion) scandal.

3 min read8 Jun 2024