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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 ...
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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 ...
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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, ...
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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 ...
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What is MMID in Banking?
MMID in Banking: Have you ever wondered how banks ensure that money transfers are quick and secure? That’s where MMID ...
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What is DD in Bank? Meaning, Uses, How it Works, & More
What is DD in Bank: When it comes to safe and secure fund transfers, Demand Drafts (DD) are one of ...
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What is Proof of Payment? Meaning, Examples, Importance
Proof of payment is an essential document that confirms a financial transaction has been completed. Whether you are making an ...
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Which is the Best Bank for Education Loan in 2025?
Many banks offer education loans for higher studies. Choosing the best bank for education loan is essential for a hassle-free ...
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What is the General Credit Card Scheme of RBI?
The General Credit Card (GCC) Scheme is a financial initiative introduced by the Reserve Bank of India (RBI). It aims ...
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How to Check Credit Score? Explore Top Apps and Other Ways
Checking your credit score is crucial in securing loans, especially for students taking an education loan to study abroad. One ...
