Demand Draft (DD)
Meaning A Demand Draft (DD) is a prepaid instrument issued by a bank to transfer money from one…
Commercial Bank
Definition A Commercial Bank is a financial institution that accepts deposits, provides loans, and offers other banking services…
UPI Transaction Status
Meaning UPI Transaction Status shows whether a UPI payment is successful, pending, or failed. It is an essential…
Bank Branch
Definition A Bank Branch is a physical office of a bank where customers can do transactions like depositing,…
UPI APIs
Definition UPI APIs stands for Unified Payments Interface Application Programming Interfaces.. UPI APIs are tools that allow apps…
Demat Account
Meaning Demat stands for Dematerialized Account. A Demat Account is used to hold shares and securities in electronic…
Account Number
Meaning An Account Number is a unique number given by a bank to every customer who opens an…
UPI with RuPay
Definition UPI with RuPay allows users to make payments using their RuPay credit cards via UPI apps, just…
Manage Your UPI Mandates with Paytm: Setup, Limits, and Cancellation
With UPI mandates, you can effortlessly manage recurring payments for various services, including app store subscriptions, OTT platforms,…
RBI Cuts Repo Rate by 50 bps to 5.50%: What You Need to Know
In a move to support economic growth, the Reserve Bank of India (RBI) has announced a repo rate…