Meaning Reverse Mortgage is a loan that allows senior citizens to use their home’s value to get regular…
Full Form & Meaning Full form: Pradhan Mantri Awas Yojana. PMAY is a government scheme launched to provide…
Full Form & Meaning Full form: National Pension System. NPS is a government-backed retirement savings plan that allows…
Meaning NEFT stands for National Electronic Funds Transfer. It is an online payment system that allows users to…
Meaning A Moratorium is a temporary pause given by banks on loan repayments for a specific period. During…
Definition The Minimum Balance Requirement is the rule set by banks that decides how much money must stay…
Meaning Micro Insurance provides small-scale insurance coverage for low-income individuals or families. It offers protection against life, health,…
Meaning Marine Insurance protects ships, cargo, and transporters from loss or damage during sea, air, or land transportation.…