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Bank Account

Bankers Cheque

Bankers Cheque: Meaning, Advantages of Banker’s Cheques

Updated on: July 4, 2022

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

Auto Sweep Bank Account

Auto Sweep Bank Account: What is?, Introduction, Benefits

Updated on: July 2, 2022

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

Bank Account for Kids: Steps to Open Kids Savings Account 2022

Updated on: June 17, 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

Time Deposits 2022: Types of time deposits Mode of working

Updated on: June 5, 2022

Time deposits are money deposits that cannot be withdrawn for a certain term of period of time unless a penalty is paid.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

Truncated Cheques: Meaning, Benefits for Banks & Customers

Updated on: May 30, 2022

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 Utility Functions of Bank, General Functions of Bank

Updated on: May 25, 2022

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

Account Payee's Crossing

All about Account Payee Cheque Vs Crossed Cheque 2022

Updated on: May 20, 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

Agency functions of Bank: List of Agency Functions of Banks

Updated on: May 10, 2022

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

Updated on: May 10, 2022

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

Cancellation of Demand Draft | Procedure or Rules for DD

Updated on: May 9, 2022

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

Primary Functions of Banks: List of all functions of Banks

Updated on: April 28, 2022

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

Duplicate Demand Draft

Issue of a Duplicate Demand Draft – Rules for duplicate DD

Updated on: April 26, 2022

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

NRE Account, NRO Account: Eligibility, Features, Taxation

Updated on: April 23, 2022

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

Know which bank is the cheapest way to maintain an account in 2022

Updated on: April 17, 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

There are five types of mutual funds

Five types of mutual funds, know which is right for you before investing

Updated on: April 9, 2022

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

Minor Bank Account – Maturity and other Detailed Information

Updated on: April 6, 2022

Minor Bank Account – Recently I have come across an incident by which I realized that many parents in India are not aware that their

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