Banking

You might have come across the acronym TAT while applying for any loan or debt. The bank gives you the information about TAT when you submit the loan application. Do you know the TAT full form in banking or loan disbursal? If not, then the full...

Earlier, people use to transfer money by visiting the branch of the respective bank in which they want to transfer the money. They use to deposit the money to the account to transfer money. But after RTGS money transfer became easier and...

The term INR is used before the currencies of India. If you are presenting a numeric figure of money then you will have to define the currency before it. In India, the currency is defined as INR. The Full Form of INR Indian Rupee and this currency...

You might have heard the names like Elon Musk, Sundar Pichai, Mark Zuckerberg, and Satya Nadella. But do you know who they are? Well, all of them are the CEOs of the top companies in the world like Google, Tesla, Facebook, and Microsoft. Some of...

Whenever you want to transfer money to another bank account through IMPS, NEFT, or RTGS, you will always need an IFS code of the respective bank. You can either find the IFSC on the cheque or the first page of the passbook of the account holder....

UPI stands for Unified Payments Interface. UPI or UPI full form i.e. Unified Payments Interface is an instant real-time payment system that helps to transfer cash instantly using a mobile interface between two bank accounts and UPI is also a...

Taxes are one of the most important functions of a country. They are the major sources of revenue for the government to conduct the overall functioning and development of the country. The new tax regime, introduced in 2017 by the Central...

If we talk about the last decade then people used to make various payments through cash or cheques whether it is the payment of the EMIs on loans or credit card bill payments. But after the introduction of the ECS service, the payments of these...

A cheque is an instrument used to make payments and it is used by many businessmen and companies. You will just have to write the payee’s name, the amount in words, the amount in numbers, and provide a valid signature on the cheque to make...

Loans are the lender of the last resort for many individuals and it boosts up his financial position. But if you apply for any type of loan, you will have to pay the EMI until the expiry of the tenure. There are many individuals in India who...