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

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

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

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

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

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

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

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

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

Meaning UPI Reconciliation is the process of comparing UPI payment records with bank statements to ensure that all…