The Recurring deposit account is an account in the bank or in a Post office where a depositor deposits a preset amount of money every month for a fixed ti...

Do banks impose limit on cash withdrawal from non-home branches? Yes, banks have imposed a limit on withdrawal from non-home branch. For instance, if you ...

If an ATM eats your deposit, you should contact your bank immediately, says Kristopher Dahl, a spokesman for Wells Fargo. That will spur an examination of...

Yes, savings account over a long period of time can lose you money. You may have the physical cash but the purchasing power of that cash has diminished an...

Debits and credits chart Debit Credit Decreases a liability account Increases a liability account Decreases an equity account Increases an equity account ...

Some transactions appear as codes in your statement….Payment Codes. Payment code Payment type Payment code DD Payment type Direct Debit Payment code DEB P...

Although an instrument of the US Government, the Federal Reserve System considers itself “an independent central bank because its monetary policy decision...

Stipends are provided to those ineligible to receive a regular salary or wage in return for their services. Researchers, graduate students, clergy, intern...

Government banks are understaffed and hence more work. Private banks are better managed and you can grow by performing better than your colleagues. In gen...

Demand Draft Demand Draft Charges Issue (Payable at Correspondent Bank Locations under Desk Drawing arrangement) Rs 1.00 per thousand; Minimum Rs 25 per D...