BOI Current Account: features, average balance, eligibility, how to open
BOI Current Account: BOI is the largest lender in the country and has its headquarters in Mumbai, Maharashtra. The majority is owned by the Government…
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Bank Account
Primary Functions of Banks – List of all functions of Banks in India
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 a…
SBI Current Account: features, average balance, eligibility 2020
SBI Current Account: SBI is the largest lender in the country and has its headquarters in Mumbai, Maharashtra. The majority is owned by the Government…
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 money can…
Issue of a Duplicate Demand Draft – Rules for duplicate DD (demand draft)
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 in terms of Section…
NRE Account, NRO Account – Intro, 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 types of…
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 draft. The…
Time Deposits – Types of time deposits, Mode of working Detailed
Time deposits are money deposits that cannot be withdrawn for a certain term of period of time unless a penalty is paid.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 is over it can…
Demand Draft: Meaning, Parties, Cancellation of Draft, Duplicate DD
A demand draft is an order from one bank to another branch of the same bank to pay a specified sum of money to a person named there in or to his…
Health Benefits along with Fixed Deposit Account – All Details
Health Benefits along with Fixed Deposit Account, this article is about the benefits which is provided by the Fixed deposit along with other benefits…
JIFI Account – Social Banking Savings Account (all you know)
JIFI Account - Social Banking Savings Account, Day by day world is becoming a global village in this smart age. Technology driven services and…
Auto Sweep Bank Account – What is?, Introduction, Benefits, Terms
Auto Sweep Bank Account 2020 - Introduction, Benefits, Terms. Understanding What Is An Autosweep Bank Account. Every one of us has a saving account in…
Central Bank of a country – Meaning and Functions of Central Bank
Central Bank: Central banking functions have evolved gradually over decades. Their evolution has been guided by ever changing need to find new methods…
Nostro Account and Vostro Account : All you need to know about
Nostro Account and Vostro Account 2020. Nostro Account is a Current account maintained by a domestic bank with a foreign bank in foreign currency.…
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 particular customer's…
Saral Account Opening Form – Introduction, Requirements 2020
Saral Account Opening Form : BSE comes out with Saral account opening forms for Investors. BSE has announced the launch of 'Saral' or simplified…