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Time deposits are money deposits that cannot be withdrawn for a certain term of period of time unless a penalty is paid.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…
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Bank Account
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…
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…
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…
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…
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…
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…
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…
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…
Deposits Types: Demand Deposits, Current Deposits, Savings Account
Deposits: The most important activity of a commercial bank is to mobilise deposits from the public. People who have surplus income and savings find…
Fixed Deposit – What is?, Features, Advantages, Disadvantages
My this article is about the features, advantages, disadvantages, meaning of fixed deposit account, interest rates at which it is available, what…
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 children who are…
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…
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…
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…
Zero balance savings account – All you have to know about it
Zero balance savings account: Opening bank account has become very easy since the Modi government has taken the leap to transform the economy by…