A blank cheque is a signed cheque but with certain conditions. Let us understand the key features of the blank cheque from the following table:Key FeatureDescriptionSigned by Account HolderYes.Payee N...
Read more...If you explore details about the banking system in India, then you might come across terms such as “scheduled banks and non-scheduled banks”. In this article, we will explain these two terms in simple...
Read more...Buying Vs Renting a Home, Being a home owner is a big achievement, especially for Indian homes. It's even regarded as the natural progression towards obtaining a steady stream of revenue. But this was...
Read more...A e-mandate is a standing instruction given to the bank where a customer holds their account to debit a fixed amount to another bank account automatically. eMandates are electronic versions of e-manda...
Read more...Working capital is crucial in finance, and managing it well is essential for a business’s sustainability and growth. Maintaining sufficient levels of working capital is advantageous and can help seize...
Read more...Suppose you are going to apply for any type of loan like a personal loan, home loan, car loan, or others. In that case, you are more likely to use an EMI calculator beforehand to determine the monthly...
Read more...Stock market investments are always lucrative and this is why millions of people prefer to invest in stocks despite knowing that such investments carry a high level of risk. According to stock market...
Read more...If you find a credit enquiry from a bank/financial institution that you do not recognize on your CIBIL report, it could mean that someone used your information to apply for a personal loan or credit c...
Read more...Loan syndication is a solution for borrowers seeking large loans that may be beyond a single lender’s capacity. This process involves bringing together multiple lenders to fulfil the borrower’s requir...
Read more...You have probably encountered the terms "credit score" and "CIBIL score" if you have ever applied for a credit card or sought a loan from a bank or non-bank financial institution. The phrases are freq...
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