Banking

Let us discuss about Demand Draft in details: Learning about the various methods of money transfers is an important part of the basics of wealth management. Yesterday I went to my neighborhood bank to update my personal details. As I...

Key Takeaways Write a cheque with Correct Date: Always write the current date on the cheque. Missing or wrong dates can lead to cheque rejection. Clear Payee Name: Write the recipient’s name clearly without overwriting to ensure correct credit. Match...

Do you have a bank account? If not, then you must have one as it is a first step which one takes while entering the world of money. With the launch of Pradhan Mantri Jan Dhan Yojana on 28th August...

A bank is a financial institution which creates credit by lending money to a borrower thus creating a corresponding deposit on the bank's balance sheet. This blog talks about the key benefits of a bank account. No doubt, Bank plays...

Key Takeaways Cheque is a Safe Payment Tool: A cheque allows you to transfer money from your bank account without carrying cash and works as a legal payment document. Fill Cheque Carefully: Avoid overwriting, add the correct date, write the...

A bank account serves a lot of purposes for anyone in the process of financial planning, the three most important ones being safety, convenience, and savings. Traditionally in India, we have four major types of Bank Deposits, namely Current Accounts,...