Question Mania - Googli 15072020

This section of this blog completely talks about the common questions we generally search.

1. How to know the janalaxmi loan amount is clear?

    Please visit the nearest Janalaxmi Bank branch and request for a loan closure letter in case the loan have already paid full amount.

2. After closing of savings account in a branch due to some reason I can reopen a new savings account in another branch in HDFC Bank ?

    Sure, One can have a valid rights to close or re Open a new account in any branch provided if there is any specific reason restricts the bank to open a new account as per the bank policy which need to be discussed with account opening desk in branch.

3.If a person dies due to corona virus having ATM card gets insurance or not ?

       This purely depends if a person applied already for the Covid situation.  Nowadays many financial institutions offering such insurance for that first we need to enroll and pay some minimal amount for the insurance.  Detailed policy information available in respective bank websites.

4. LIC credit card payment through net banking will be credited in how many days ?

        Any Credit card payments through NEFT will get credited in 2 - 3 hours general which we can see that in the netbanking page itself.  At the max the credit reflects the end of the day.  If not we need to contact the customer care through call or email with the payment prof.

5. I purchase cooler from credit card on EMI then can I use principal amount of credit card ?

    Yes, If the principle amount is available after the purchase means one can use that amount.

6.   What to do if a bank offers lifetime free credit card and start an annual fees after 3 years and that too without any intimation?

    It is absolutely not valid.  Once the bank offered the credit card of any type as life time free and we use the same card for more than 3 years without any upgrade or degrade means it should be free from fee.  In case we have upgraded the card for some offers and again requesting old card means the bank policy applies.

7. Received only GST charges in credit card how to find out on what it is ?

    GST charges generally applies in every statement if any transactions incurred means however if no transactions but charges levied means need to find the policy documents containing the fees and charges section or simply can call and check the Bank customer care.

8. If got scammed and somebody transacted money through GPAY though all info was confidential will my bank account or GPAY refund my money ?

    There are very least chances of scam like Gpay or bank website because all are well encrypted and highly secured systems.  Until and unless some of near people know the credentials no possibilities of hacking GPay and all however if unfortunate situation happened means need to block the card immediately and inform the bank about this issue and also can give a police complain so that the cyber team will find out the fraudulent activity. 

    Refund is not possible generally which one may check with the bank directly.  However if any minimum amount insured like wallet protection kind of policies already means can claim the refund.

 9. While paying max life insurance amount has been debited twice from my bank account and it is showing that I have not paid yet what to do ?

    Any Insurance amount paid but not reflecting in the respective policy account means we need to contact the bank immediately with a payment proof to claim the payment credit and also can request to adjust if any additional debit amount for the next payment cycle.

10. In EPF The initial is after your name and in bank account before our name will there be a problem in getting the EPF amount ?

       It will not be a problem until we have a valid proof confirming the first name and last name matches in both the name.

11. When our bank account is under update then we can do transaction or not?

    

    Obviously, one can do transaction if the existing account under update means of change in address or contact etc.  Net banking transactions will not affect.

12. How to change my bank account from Bangalore to belagavi?

    Depends on which bank account whether the bank have online change option or need to visit the nearest branch for a request.  Which can be identified by calling the bank's customer care.

13. Is it necessary to give bank details in Paypal account?

    In General it is not mandatory but it should be there in case of future transactions may need to get transferred from Pay pal account to bank account.

 

14.Yogesh started business with cash debit or credit ?

 

    How do we know that,  Two answers.

    A.  Call yogesh and ask him directly to get direct answer.

    B.  If you have his PAN number you have chance to analyse his Cibil report and get an answer.

15. Can credit card dues be paid using the same card or any other credit card?

 

    No, It is not possible to make payment of using the same credit card which was used to purchase.  The only option you need to make NEFT transfer to credit payment method.

 

16. If an item is already purchased on EMI through SBI credit card will it necessary to again convert it into flexipay ?

 

    Not necessary.  Because you have already made the purchase by opting the SBI card EMI option , wait for a weak to get an update about your EMI break up details from SBI or visit the Online login or can check with customer care of SBI about the EMI conversion.