Having Bank Account is Advantageous in many ways, like it help Account holder save his money and provide safety to the money against theft. Also possessing Bank account, let’s user enjoy digital services like online Banking & e-service. Due to rapid digitalization in Banking sector, many customers opt for opening Multiple Bank Account. Some user … Read more
If you visit ATM frequently then you must be aware or encountered a situation, where after making the withdrawal transaction, the ATM doesn’t dispense Cash but still the amount is debited from Account. Account holder immediately gets a ATM withdrawal message alert message on Registered Mobile. This type of situation turns to be very irritating … Read more
If you applying for Saving Bank Account through offline mode which involve filling a Saving Bank Account opening form, then you must have came across a column in form that says Auto Sweep facility or Flexi Deposit. Most of the applicant gets confused with this facility. Most of the Bank nowdays offers Auto Sweep facility in … Read more
Endorsing of cheque means writing on back of the cheque. It is process of transferring of ownership of cheque in name of another person whose name is written on back of cheque by the transferor. The person who transfer the ownership of cheque is Endorser whereas, the person on whose name the ownership is transferred … Read more
Like other Banks and financial Institution, Indian Post office offers a Saving Bank Account Scheme for normal Individual of India. Indian Post office Saving Bank Account comes with all features like offered by other Top Banks saving bank account schemes. Indian Post Saving Account can be started with a minimum balance of Rs 500. Also, … Read more
Download UCO bank account opening form pdf Hindi Tutorial
Download Indian Bank Aadhar update form
Cheque is a order from bank customer to bank to pay the amount stated in it to the person named in payee column. Basically cheque are of two types normal and multi-city. Multi-city cheque can be issued to make payment at any corner of the country. Though cheque are basically of two types but its … Read more
Account Payee cheque meaning: When two parellel lines are drawn on the top left corner of the cheque with words a/c payee or ac payee only, then such cheques are deemed as account payee cheques. Like other cheques account payee cheque can’t be encashed at cash counter rather it needs to be deposited in the … Read more
Cancelled Cheque meaning: When two transverse lines are drawn in the middle of the cheque from across one corner to another with words ” CANCELLED ” then such cheque are called cancelled cheque. Purpose of drawing cancelled cheque: Cancelled cheque are issued when someone has to invest in financial investment like LIC, Mutual funds, Stocks, or … Read more
Bearer Cheque meaning: The word ” Bearer” itself means the possessor. Payment of Bearer cheque is made to the bearer of that cheque or the person who presents it at the cash counter. Whosoever finds this cheque can get it encashed on the bank counter. It is advisable to issue bearer cheque only when the payee … Read more