Aadhaar-based UPI
Definition Aadhaar-based UPI allows users to send or receive money using their Aadhaar number linked to a bank…
Auto Debit
Meaning Auto Debit is a banking facility where money is automatically deducted from your account on a set…
Bank Guarantee
Meaning A Bank Guarantee is a promise by a bank to pay money on behalf of a customer…
Debit Card
Definition A Debit Card is a plastic card linked to your bank account that allows you to withdraw…
Account Payee Cheque
Definition An Account Payee Cheque is a cheque that can only be deposited into the bank account of…
Cheque
Definition A Cheque is a written document instructing a bank to pay a specific amount of money from…
Cooperative Bank
Meaning A Cooperative Bank is a financial institution owned and managed by its members to provide banking services…
UPI One World
Meaning UPI One World is a payment system designed to allow Non-Resident Indians (NRIs) and international users to…
UPI-enabled Apps
Meaning UPI-enabled Apps are mobile or web applications that allow users to send and receive money using the…
UPI Reconciliation
Meaning UPI Reconciliation is the process of comparing UPI payment records with bank statements to ensure that all…