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Banking

What is mPIN?  mPIN means Mobile Banking Personal Identification Number. It’s a 6-digit passcode you must enter each time you want to conduct transactions....

Banking

What is Credit Limit? The credit limit of a credit card refers to the maximum amount of credit a bank or other lender will...

Banking

What is PAN Card & PAN Number? Full-form of PAN : Permanent Account NumberPAN Number is a 10-digit alphanumeric Permanent Account Number provided to...

Banking

Plastic money, that is, credit cards and debit cards, has been increasing in use in recent times. Many people prefer to use credit and...

Banking

Financial stability is commonly regarded as the foundation of any organisation. When a business is involved in sales or purchases, it is necessary to...

Banking

What is a Cancelled Cheque? A cancelled cheque is a cheque having two parallel lines drawn across it with the word “CANCELLED” written in...

Banking

What is a Bank Reconciliation Statement(BRS)? A bank reconciliation statement or BRS summarises a business and banking activity that reconciles an entity’s bank account...