Question Answer
Question Answer
What is IMPS in Bank? Limits, Fees, Payment Channels
In today’s fast-paced world, sending and receiving money quickly is essential. IMPS is one such banking service that makes instant ...
Question Answer
What is SIP in Banking & How does it Work?
Investing money wisely is key to building wealth over time. One of the easiest and most popular ways to invest ...
Question Answer
What is 80D in Income Tax: Eligibility, Limits & How to Claim
80D in Income Tax: Understanding tax deductions can significantly reduce your taxable income, helping you save money while planning for ...
Question Answer
Can We Deposit Cash in Any Bank ATM: A Complete Guide
Depositing cash is a common banking task, but the convenience of using an ATM for this purpose raises questions about ...
Question Answer
What is TDS in Bank: How it Works, Exemptions, & How to Claim
Tax Deducted at Source (TDS) is a crucial component of India’s tax system, affecting various financial transactions, including those at ...
Question Answer
What is VPA in Banking? Know How to Find & Create It
Digital payments have made banking faster and easier. One important tool that helps with this is the Virtual Payment Address ...
Question Answer
What is Endorsement in Banking: Types, Process & Importance
Endorsement in banking is a term that often surfaces when dealing with negotiable instruments like cheques or promissory notes. Understanding ...
Question Answer
What is CKYC in Bank?: Meaning, Types, Documents, & More
What is CKYC in Bank? Opening a bank account or applying for a loan, credit card, or mutual fund often ...
Question Answer
How to Make a Demand Draft in a Bank: A Step-by-Step Guide
A demand draft (DD) serves as a secure and reliable payment method for transferring funds between bank accounts. Unlike cheques, ...
Question Answer
What is ECS in Banking?
Have you ever wished for the banks to automatically pay your loan EMIs or bill payments? Well, that’s possible, and ...
