10. You must present your bank cheque within the duration of three months from the date of the issue of the cheque. RBI has reduced the validity of Cheques/ Drafts/ Pay Orders/ Banker's Cheques to three months from the existing six months with effect from April 1, 2012.

11. Sometimes it’s better to deposit your money in smaller banks as they pay higher rate of interest on your saving accounts and other products. Many big banks not only bring in huge fee income but they also pay less rate of interest on your deposits and other products.

12.The fine print in the bank documents relating to the terms and conditions are sometimes very make it difficult for us to read and we end up signing it without having a correct understanding about it. It has been also found that in many cases bank does not provide a sufficient amount of the required information. And at the worst the details about the banks fees are kept hidden form the potential customers.