Bankers Cheque: Meaning, Advantages of Banker’s Cheques
Bankers Cheque: A cheque which is payable by a bank itself, as opposed to an ordinary cheque payable only out of the funds of a
Bank Account
Auto Sweep Bank Account: What is?, Introduction, Benefits
Auto Sweep Bank Account 2022: Introduction, Benefits, Terms. Understanding What Is An Autosweep Bank Account. Every one of us has a saving account in one
Bank Account for Kids: Steps to Open Kids Savings Account 2022
Bank Account for Kids – Steps to Open Kids Savings Account, How to open bank account for Kids. Steps to open Bank Account. Nowadays the
Time Deposits 2022: Types of time deposits Mode of working
Time deposits are money deposits that cannot be withdrawn for a certain term of period of time unless a penalty is paid. When the term
Truncated Cheques: Meaning, Benefits for Banks & Customers
Truncated Cheques: The current system of cheque clearing is paper based, involves the physical exchange of cheques. This movement has necessitated clearing cycles of 3
General Utility Functions of Bank, General Functions of Bank
General Utility Functions of Bank: Besides the above mentioned agency functions, banks perform many other functions which are of general usefulness to the customers. These
All about Account Payee Cheque Vs Crossed Cheque 2022
All about Account Payee Cheque Vs Crossed Cheque: Difference between Account Payee Cheque and Crossed Cheque. Before we go too much into detail about account
Agency functions of Bank: List of Agency Functions of Banks
Agency functions of Bank: Agency functions are those services that banks provide to their customers for which they receive some income. Thus, these functions add
what to do if money transferred into wrong bank account
what to do if money transferred into wrong bank account. Do not get upset about transferring money to banking / wrong bank account, bank will
Cancellation of Demand Draft | Procedure or Rules for DD
Cancellation of Demand Draft Guide: A person may buy a draft by paying the amount in advance to the bank. The bank then issues the
Primary Functions of Banks: List of all functions of Banks
Primary Functions of Banks: There are two types of primary functions performed by banks. Banking is the life blood of modern commerce. It has played
Issue of a Duplicate Demand Draft – Rules for duplicate DD
Issue of a Duplicate Demand Draft: A draft is a bill of exchange and the purchaser of the draft is entitled to a duplicate thereof
NRE Account, NRO Account: Eligibility, Features, Taxation
NRE Account, NRO Account : Non resident Indians might have faced a situation where they have to maintain a bank account India. There are two
Know which bank is the cheapest way to maintain an account in 2022
Know which bank is the cheapest way to maintain an account in 2022: SBI, the country’s largest bank, has reduced the monthly average balance for
Five types of mutual funds, know which is right for you before investing
There are five types of mutual funds, know which is right for you before investing. All of us save to meet our financial needs. While saving
Minor Bank Account – Maturity and other Detailed Information
Minor Bank Account – Recently I have come across an incident by which I realized that many parents in India are not aware that their