Glossary
Auto DebitJune 10, 2025

Meaning Auto Debit is a banking facility where money is automatically deducted from your account on a set…

Glossary
Aadhaar-based UPIJune 10, 2025

Definition Aadhaar-based UPI allows users to send or receive money using their Aadhaar number linked to a bank…

Glossary
Bank GuaranteeJune 10, 2025

Meaning A Bank Guarantee is a promise by a bank to pay money on behalf of a customer…

Glossary
Debit CardJune 10, 2025

Definition A Debit Card is a plastic card linked to your bank account that allows you to withdraw…

Glossary
Account Payee ChequeJune 10, 2025

Definition An Account Payee Cheque is a cheque that can only be deposited into the bank account of…

Glossary
ChequeJune 10, 2025

Definition A Cheque is a written document instructing a bank to pay a specific amount of money from…

Glossary
Cooperative BankJune 10, 2025

Meaning A Cooperative Bank is a financial institution owned and managed by its members to provide banking services…

Glossary
UPI One WorldJune 10, 2025

Meaning UPI One World is a payment system designed to allow Non-Resident Indians (NRIs) and international users to…

Glossary
UPI-enabled AppsJune 10, 2025

Meaning UPI-enabled Apps are mobile or web applications that allow users to send and receive money using the…

Glossary
Bank LockerJune 10, 2025

Definition A Bank Locker is a safe storage facility provided by banks where customers can keep valuable items…