Banking

what to do if money transferred into wrong bank account. Do not get upset about transferring money to banking / wrong bank account, bank will return money. Many times, due to hasty filling of wrong…

'Post shipment Credit' means any loan or advance granted or any other sort of credit provided by a bank to an exporter of goods/services from India after shipment of goods / rendering of services …

Types of Hundi, When we sit to study the Negotiable Instruments Act, we need to understand what is a hundi and the various types of hundi. In Layman’s language, the term "hundi" includes all…

Beware Of The AnyDesk App: Important information regarding AnyDesk app frauds: Safeguard yourself against fraudulent access to your Mobile Phone. One of the recent techniques involves a fraudster…

Various Terms of Banking 2020 - Know Their Actual Meaning. Definition of Various Terms Used In Banking. these Terms or Words are very useful in Daily Banking Transaction. In this article you can find…

Meaning of Endorsement : Section 50 of the Negotiable Instrument Act deals with effects of endorsement. The endorsement of a negotiable instrument followed by delivery transfers to the endorsee, the…

Bank fixed deposits vs post office time deposits, who is better in both, where should one invest. Bank Fixed Deposit In addition to bank fixed deposits, post office time deposits are also a good…

what will happen to your money, if your bank goes bankrupt? (जिस बैंक में है आपका अकाउंट, वो बैंक डूब जाए तब क्या होगा आपके पैसों का? जानें). Know what will happen to your FD and other deposits when…

Stages in the Evolution of Banking in India: Modern banking as evolved in England was introduced by the British during their rule in India. Naturally, today’s Indian banking is similar to British…

Banking is an integral part of the modern economy. But the nature and functions of modern banks have evolved over a long period of time. The idea of banking evolved with the idea of money.Banking…

Debt stacking vs snowball: How to come out of loans using Snowball or Stacking Methods?, Now a days it’s absolute that living without a loan is almost a rare thing. Each one of us whether salaried…

Electronic funds transfer or EFT refers to the computer based systems used to perform financial transactions electronically. This term is used for a number of different concepts: Cardholder…