We all are aware about the requirement and necessity of a bank account for our day to day life. There are some points everybody should keep in mind while selecting a bank account. A bank account with good facilities will act like your assistant to save your time in a greate extend. Before starting an account, enquire about the below services possibilities with this account.
Basic Banking facilities
– Check account balance and statements- Check credit card transactions- Fund transfer to anywhere- Single point view of your banking relationship with multiple financial provides
Mailbox Facility
– Facility to leave standing instructions- Get in touch with bank manager for addressing grievances with record of correspondences- Online facility to open an account or service requests
Value added services
– Checque book request- Demand Draft (DD) request- Smart Money Order (MO)- TDS (Tax) enquiry- DMAT services (for stocks and shares)- Forex Services
Investments Facility
– Mutual fund transactions- Buying insurances- Invest or trade stocks- Buying Gold
Bill Payment Facility
– Pay utility bills i.e. electricity, water bills etc…- Credit card payments- Mobile phone bill payments- Insurance premium payments- ECS facility for direct debit
Loan Products
– Apply for new loan- Tracking existing loans to know the fluctuations in interest rates and EMI’s\- Product comparison facility to get best product or serviceAn account with the above mentioned services add-ons will certainly help you.Comment if you like this article.
source: moneytoday