How to Apply for SBI Unnati Credit Card Online

SBI Unnati Credit Card Apply Online
SBI Unnati Credit Card is a secured card which means it needs a fixed deposit which becomes its credit line. I needed a credit card recently due to two reasons- one was to use on international transactions and the second reason was to create and maintain my credit score to get better credit cards.

Since an unsecured credit card requires too many formalities like credit score, ITR, previous loans, etc, I thought of getting a secured credit card. Since I had a savings account with State Bank of India, getting a credit card from SBI seemed a great option.

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How to Open Fixed Deposit in SBI Online

This post tells you how you can open a fixed deposit or FD account online in SBI using Internet banking. Basically you need to have Internet Banking enabled on your SBI savings account to open a fixed deposit online.

If you don’t have Internet Banking enabled, just go to your SBI branch and ask them for an ‘Online SBI Registration Form’. Fill the form and they will give an envelope containing your Username and Password.

The interest rate given on savings account in SBI is just 2.70% p.a. which can’t beat the rate of inflation. It means customer’s money is depreciating in a savings account.

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How to Make Demand Draft in SBI Online

Recently I had to submit a demand draft(DD) in college for taking admission. The value for which demand draft had to be made was Rs. 55062.

Banks have a rule that you must have to debit money from the account for making demand draft if the value of DD is above Rs. 50,000. This is done for tax purposes.

However, if the demand draft value is less than Rs. 50,000, there is no need for a bank account. You can simply pay by cash in that case.

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