Know your bank !

It is mandatory for banks to 'know the customer' for which every customer fills in prescribed form. But even customer ought to know the bank.

https://in.finance.yahoo.com/news/10-things-you-did-not-know-about-banks-100005065.html

Its true that customers will not be told all the salient features of a bank. The list is helpful and customers will certainly be benefited with this knowledge. How many of us know that more we shop , the Bank earns more ?

It is mandatory for banks to 'know the customer' for which every customer fills in prescribed form. But even customer ought to know the bank.

https://in.finance.yahoo.com/news/10-things-you-did-not-know-about-banks-100005065.html

Its true that customers will not be told all the salient features of a bank. The list is helpful and customers will certainly be benefited with this knowledge. How many of us know that more we shop , the Bank earns more ?

Yes sir. Its true. People doesnt usually bother about these kinds of charges imposed on them. The information given above by Gulshan sir will be an eye opener for those who doesnt know about these details.

It is mandatory for banks to 'know the customer' for which every customer fills in prescribed form. But even customer ought to know the bank.

https://in.finance.yahoo.com/news/10-things-you-did-not-know-about-banks-100005065.html

Its true that customers will not be told all the salient features of a bank. The list is helpful and customers will certainly be benefited with this knowledge. How many of us know that more we shop , the Bank earns more ?

Yes sir. Its true. People doesnt usually bother about these kinds of charges imposed on them. The information given above by Gulshan sir will be an eye opener for those who doesnt know about these details.

Definitely. Many of us know nothing more than depositing and withdrawing of money. The list enables to see beyond the obvious

It is mandatory for banks to 'know the customer' for which every customer fills in prescribed form. But even customer ought to know the bank.

https://in.finance.yahoo.com/news/10-things-you-did-not-know-about-banks-100005065.html

Its true that customers will not be told all the salient features of a bank. The list is helpful and customers will certainly be benefited with this knowledge. How many of us know that more we shop , the Bank earns more ?

Yes sir. Its true. People doesnt usually bother about these kinds of charges imposed on them. The information given above by Gulshan sir will be an eye opener for those who doesnt know about these details.

Definitely. Many of us know nothing more than depositing and withdrawing of money. The list enables to see beyond the obvious

The point of banks don't reveal highest paying is absolutely right. Some banks are asking to maintain of Rs.10000 as minimum balance for saving accounts. From each customer they are utilizing the money very well but the customers are getting low interest for the amount in saving bank.

It is mandatory for banks to 'know the customer' for which every customer fills in prescribed form. But even customer ought to know the bank.

https://in.finance.yahoo.com/news/10-things-you-did-not-know-about-banks-100005065.html

Very interesting article...bank employee hardly tell us anything unless we make an effort to probe further.

It is mandatory for banks to 'know the customer' for which every customer fills in prescribed form. But even customer ought to know the bank.

https://in.finance.yahoo.com/news/10-things-you-did-not-know-about-banks-100005065.html

Very interesting article...bank employee hardly tell us anything unless we make an effort to probe further.

Even if one asks about the salient features of a Bank, most of the times the authorities or the concerned Bank employee will evade us. Its in such conditions this article stands in good stead.. A very helping thread.

It is mandatory for banks to 'know the customer' for which every customer fills in prescribed form. But even customer ought to know the bank.

https://in.finance.yahoo.com/news/10-things-you-did-not-know-about-banks-100005065.html

Very interesting article...bank employee hardly tell us anything unless we make an effort to probe further.

Even if one asks about the salient features of a Bank, most of the times the authorities or the concerned Bank employee will evade us. Its in such conditions this article stands in good stead.. A very helping thread.

Banks wants to know the customer. The customer didn't get much information about the bank. We should use the Right to information act to know about at least some details about the banks.

It is mandatory for banks to 'know the customer' for which every customer fills in prescribed form. But even customer ought to know the bank.

https://in.finance.yahoo.com/news/10-things-you-did-not-know-about-banks-100005065.html

Very interesting article...bank employee hardly tell us anything unless we make an effort to probe further.

Even if one asks about the salient features of a Bank, most of the times the authorities or the concerned Bank employee will evade us. Its in such conditions this article stands in good stead.. A very helping thread.

Banks wants to know the customer. The customer didn't get much information about the bank. We should use the Right to information act to know about at least some details about the banks.

There is no need to exercise your right to information. What all the customer needs to have is the interest to know the features of his bank. Right to information comes in to picture when the Bank refuses to provide the information the customer needs. And remember it is at this juncture the thread comes handy.

It is mandatory for banks to 'know the customer' for which every customer fills in prescribed form. But even customer ought to know the bank.

https://in.finance.yahoo.com/news/10-things-you-did-not-know-about-banks-100005065.html

Very interesting article...bank employee hardly tell us anything unless we make an effort to probe further.

Even if one asks about the salient features of a Bank, most of the times the authorities or the concerned Bank employee will evade us. Its in such conditions this article stands in good stead.. A very helping thread.

Banks wants to know the customer. The customer didn't get much information about the bank. We should use the Right to information act to know about at least some details about the banks.

I don't think we need to exercise the right to information..if you ask for more detailed information..the bank officials do provide the required info..only thing is they don't give out information upfront.

It is mandatory for banks to 'know the customer' for which every customer fills in prescribed form. But even customer ought to know the bank.

https://in.finance.yahoo.com/news/10-things-you-did-not-know-about-banks-100005065.html

Very interesting article...bank employee hardly tell us anything unless we make an effort to probe further.

Even if one asks about the salient features of a Bank, most of the times the authorities or the concerned Bank employee will evade us. Its in such conditions this article stands in good stead.. A very helping thread.

Banks wants to know the customer. The customer didn't get much information about the bank. We should use the Right to information act to know about at least some details about the banks.

I don't think we need to exercise the right to information..if you ask for more detailed information..the bank officials do provide the required info..only thing is they don't give out information upfront.

one should meet the right person. There are Customer relation managers in the Banks. These managers are too willing to help the customer.

It is a two way traffic where both the customers and banks benefit.. Banks provide us security and an opportunity to invest and earn. Nowadays using your debit card earns you payback points and one can utilise these points anywhere while buying things or booking air tickets etc etc...Throough ICICI Bank I already got Rs1000 airmiles that I can redeem anytime I travel and also many gadgets ...You need to be aware of all the facilities and opportunities available to you so that you dont miss out on what is due to you ..

It is a two way traffic where both the customers and banks benefit.. Banks provide us security and an opportunity to invest and earn. Nowadays using your debit card earns you payback points and one can utilise these points anywhere while buying things or booking air tickets etc etc...Throough ICICI Bank I already got Rs1000 airmiles that I can redeem anytime I travel and also many gadgets ...You need to be aware of all the facilities and opportunities available to you so that you dont miss out on what is due to you ..

True.. The fact about Payback points is new to me. This way customers like me may lose such advantages. Hence it's essential to know all the features and facilities of the Bank through proper channel. I have seen through customer relations Managers of HDFC doing yeomen service i this regard. But one should approach the right person.

It is a two way traffic where both the customers and banks benefit.. Banks provide us security and an opportunity to invest and earn. Nowadays using your debit card earns you payback points and one can utilise these points anywhere while buying things or booking air tickets etc etc...Throough ICICI Bank I already got Rs1000 airmiles that I can redeem anytime I travel and also many gadgets ...You need to be aware of all the facilities and opportunities available to you so that you dont miss out on what is due to you ..

True.. The fact about Payback points is new to me. This way customers like me may lose such advantages. Hence it's essential to know all the features and facilities of the Bank through proper channel. I have seen through customer relations Managers of HDFC doing yeomen service i this regard. But one should approach the right person.

Payback points is not a new concept, even I have used it to avail off on flight tickets..payback points can be earned by customers when they do online transaction.

It is a two way traffic where both the customers and banks benefit.. Banks provide us security and an opportunity to invest and earn. Nowadays using your debit card earns you payback points and one can utilise these points anywhere while buying things or booking air tickets etc etc...Throough ICICI Bank I already got Rs1000 airmiles that I can redeem anytime I travel and also many gadgets ...You need to be aware of all the facilities and opportunities available to you so that you dont miss out on what is due to you ..

True.. The fact about Payback points is new to me. This way customers like me may lose such advantages. Hence it's essential to know all the features and facilities of the Bank through proper channel. I have seen through customer relations Managers of HDFC doing yeomen service i this regard. But one should approach the right person.

Payback points is not a new concept, even I have used it to avail off on flight tickets..payback points can be earned by customers when they do online transaction.

OK, IT MAY NOT BE A NEW CONCEPT. For me it's a new concept . Because I never bothered to know about this feature. And there are many like me. For them this link article helps.

It is a two way traffic where both the customers and banks benefit.. Banks provide us security and an opportunity to invest and earn. Nowadays using your debit card earns you payback points and one can utilise these points anywhere while buying things or booking air tickets etc etc...Throough ICICI Bank I already got Rs1000 airmiles that I can redeem anytime I travel and also many gadgets ...You need to be aware of all the facilities and opportunities available to you so that you dont miss out on what is due to you ..

True.. The fact about Payback points is new to me. This way customers like me may lose such advantages. Hence it's essential to know all the features and facilities of the Bank through proper channel. I have seen through customer relations Managers of HDFC doing yeomen service i this regard. But one should approach the right person.

Payback points is not a new concept, even I have used it to avail off on flight tickets..payback points can be earned by customers when they do online transaction.

OK, IT MAY NOT BE A NEW CONCEPT. For me it's a new concept . Because I never bothered to know about this feature. And there are many like me. For them this link article helps.

Certainly, there are other points in this article about which am not aware or many may not be aware for example, "Usually, there are better options than just getting an ATM card blocked if you ask for it."..all I knew that we have to block the card and issue a new one. However, I will now have to ask or google what are the other measures in case of theft/ loss of debit card.

It is a two way traffic where both the customers and banks benefit.. Banks provide us security and an opportunity to invest and earn. Nowadays using your debit card earns you payback points and one can utilise these points anywhere while buying things or booking air tickets etc etc...Throough ICICI Bank I already got Rs1000 airmiles that I can redeem anytime I travel and also many gadgets ...You need to be aware of all the facilities and opportunities available to you so that you dont miss out on what is due to you ..

True.. The fact about Payback points is new to me. This way customers like me may lose such advantages. Hence it's essential to know all the features and facilities of the Bank through proper channel. I have seen through customer relations Managers of HDFC doing yeomen service i this regard. But one should approach the right person.

Payback points is not a new concept, even I have used it to avail off on flight tickets..payback points can be earned by customers when they do online transaction.

OK, IT MAY NOT BE A NEW CONCEPT. For me it's a new concept . Because I never bothered to know about this feature. And there are many like me. For them this link article helps.

Certainly, there are other points in this article about which am not aware or many may not be aware for example, "Usually, there are better options than just getting an ATM card blocked if you ask for it."..all I knew that we have to block the card and issue a new one. However, I will now have to ask or google what are the other measures in case of theft/ loss of debit card.

Many seasoned customers who were having relations with Banking are not aware of the many features of the Bank. One will not be a loser if he asks and knows about things.

It is a two way traffic where both the customers and banks benefit.. Banks provide us security and an opportunity to invest and earn. Nowadays using your debit card earns you payback points and one can utilise these points anywhere while buying things or booking air tickets etc etc...Throough ICICI Bank I already got Rs1000 airmiles that I can redeem anytime I travel and also many gadgets ...You need to be aware of all the facilities and opportunities available to you so that you dont miss out on what is due to you ..

True.. The fact about Payback points is new to me. This way customers like me may lose such advantages. Hence it's essential to know all the features and facilities of the Bank through proper channel. I have seen through customer relations Managers of HDFC doing yeomen service i this regard. But one should approach the right person.

Different banks have different such concepts through which you can colllect points when you make a transaction through your debit card...SBI has a diifernt one and so on..

It is a two way traffic where both the customers and banks benefit.. Banks provide us security and an opportunity to invest and earn. Nowadays using your debit card earns you payback points and one can utilise these points anywhere while buying things or booking air tickets etc etc...Throough ICICI Bank I already got Rs1000 airmiles that I can redeem anytime I travel and also many gadgets ...You need to be aware of all the facilities and opportunities available to you so that you dont miss out on what is due to you ..

True.. The fact about Payback points is new to me. This way customers like me may lose such advantages. Hence it's essential to know all the features and facilities of the Bank through proper channel. I have seen through customer relations Managers of HDFC doing yeomen service i this regard. But one should approach the right person.

Different banks have different such concepts through which you can colllect points when you make a transaction through your debit card...SBI has a diifernt one and so on..

True. I'm banking at HDFC. After having a talk with the Relations Manager, I have been informed about all the other salient features of the Bank. What I wanted to drive home is that , as a customer and investor, the responsibility of knowing the details lies on me.. Of course, the thread helped in this regard.

It is a two way traffic where both the customers and banks benefit.. Banks provide us security and an opportunity to invest and earn. Nowadays using your debit card earns you payback points and one can utilise these points anywhere while buying things or booking air tickets etc etc...Throough ICICI Bank I already got Rs1000 airmiles that I can redeem anytime I travel and also many gadgets ...You need to be aware of all the facilities and opportunities available to you so that you dont miss out on what is due to you ..

True.. The fact about Payback points is new to me. This way customers like me may lose such advantages. Hence it's essential to know all the features and facilities of the Bank through proper channel. I have seen through customer relations Managers of HDFC doing yeomen service i this regard. But one should approach the right person.

Payback points is not a new concept, even I have used it to avail off on flight tickets..payback points can be earned by customers when they do online transaction.

OK, IT MAY NOT BE A NEW CONCEPT. For me it's a new concept . Because I never bothered to know about this feature. And there are many like me. For them this link article helps.

Certainly, there are other points in this article about which am not aware or many may not be aware for example, "Usually, there are better options than just getting an ATM card blocked if you ask for it."..all I knew that we have to block the card and issue a new one. However, I will now have to ask or google what are the other measures in case of theft/ loss of debit card.

Many seasoned customers who were having relations with Banking are not aware of the many features of the Bank. One will not be a loser if he asks and knows about things.

Asking questions never makes any one a loser..it only increases our knowledge and makes us wise.

It is a two way traffic where both the customers and banks benefit.. Banks provide us security and an opportunity to invest and earn. Nowadays using your debit card earns you payback points and one can utilise these points anywhere while buying things or booking air tickets etc etc...Throough ICICI Bank I already got Rs1000 airmiles that I can redeem anytime I travel and also many gadgets ...You need to be aware of all the facilities and opportunities available to you so that you dont miss out on what is due to you ..

True.. The fact about Payback points is new to me. This way customers like me may lose such advantages. Hence it's essential to know all the features and facilities of the Bank through proper channel. I have seen through customer relations Managers of HDFC doing yeomen service i this regard. But one should approach the right person.

Payback points is not a new concept, even I have used it to avail off on flight tickets..payback points can be earned by customers when they do online transaction.

OK, IT MAY NOT BE A NEW CONCEPT. For me it's a new concept . Because I never bothered to know about this feature. And there are many like me. For them this link article helps.

Certainly, there are other points in this article about which am not aware or many may not be aware for example, "Usually, there are better options than just getting an ATM card blocked if you ask for it."..all I knew that we have to block the card and issue a new one. However, I will now have to ask or google what are the other measures in case of theft/ loss of debit card.

Many seasoned customers who were having relations with Banking are not aware of the many features of the Bank. One will not be a loser if he asks and knows about things.

Asking questions never makes any one a loser..it only increases our knowledge and makes us wise.

By Asking we are the beneficiaries. Otherwise we will be lrn in the darkness forever.