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Blog Collection

Demand Draft: Meaning, Types, How It Works, and Benefits

Posted on Monday, September 23rd, 2024 | By

Demand Draft: Meaning, Types, How It Works, and Benefits

Have you ever faced a situation where a cheque or cash payment was not accepted? For instance, many educational institutions require payment through a Demand Draft (DD) instead. Curious to learn more about how demand drafts work and why they are a preferred method of payment. Continue reading as we delve into the details of…

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Category : Savings Account

What is a Beneficiary Account?

Posted on Monday, September 23rd, 2024 | By

What is a Beneficiary Account?

What is a beneficiary account? Are you curious about this question and looking to understand it? Before diving deep into the meaning of a beneficiary account, it is crucial for you to understand what a beneficiary is. The term ‘beneficiary’ refers to an individual or entity set to receive particular benefits or gains from specific…

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Category : Savings Account

How to Withdraw Cash from an ATM Without a Debit Card? Benefits and Limits

Posted on Monday, September 23rd, 2024 | By

How to Withdraw Cash from an ATM Without a Debit Card? Benefits and Limits

Ever found yourself in need of funds but realised you forgot your debit card at home? Do not worry; the cardless cash withdrawal system is here to help. This system allows you to withdraw cash from a UPI-ATM without the requirement for a physical debit card. Instead, you can use mobile banking apps and QR codes…

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Category : Savings Account

How to Get a New Passbook?

Posted on Monday, September 23rd, 2024 | By

How to Get a New Passbook?

In today’s digital age, the need for physical documentation might seem diminished, yet there are instances where a passbook becomes essential. Whether it’s for keeping a meticulous record of transactions or for traditional banking needs, understanding the process of obtaining a new passbook can be quite beneficial. Understanding the Importance of a Passbook A passbook…

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Category : Savings Account

How to Get a New Chequebook?

Posted on Friday, September 20th, 2024 | By

How to Get a New Chequebook?

Curious about how to get a chequebook immediately? If you require a new chequebook right away, you can typically request one through your financial institution’s mobile app or online banking platform. Note that the process of applying for a bank chequebook is simple and quick. To understand how you should proceed with chequebook application process, continue reading. …

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Category : Savings Account

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