Glossary
Voice-Based Transactions
Definition Voice-Based Transactions are financial operations carried out using voice commands on mobile apps or smart devices. Usage…
Glossary
Auto Debit
Meaning Auto Debit is a banking facility where money is automatically deducted from your account on a set…
Glossary
Aadhaar-based UPI
Definition Aadhaar-based UPI allows users to send or receive money using their Aadhaar number linked to a bank…
Glossary
Bank Guarantee
Meaning A Bank Guarantee is a promise by a bank to pay money on behalf of a customer…
Glossary
Debit Card
Definition A Debit Card is a plastic card linked to your bank account that allows you to withdraw…
Glossary
Account Payee Cheque
Definition An Account Payee Cheque is a cheque that can only be deposited into the bank account of…
Glossary
Cooperative Bank
Meaning A Cooperative Bank is a financial institution owned and managed by its members to provide banking services…
Glossary
UPI One World
Meaning UPI One World is a payment system designed to allow Non-Resident Indians (NRIs) and international users to…