Meaning Cheque Bounce occurs when a bank refuses to honor a cheque due to insufficient funds, signature mismatch,…

Meaning A Business Correspondent (BC) is a person or company appointed by banks to provide banking services in…

Definition CTS stands for Cheque Truncation System. It is a system where physical cheques are converted into electronic…

Definition Branchless Banking means providing banking services without a physical branch. It uses technology like mobile banking, ATMs,…

Definition Call Money is a short-term loan given by banks to other banks, repayable on demand, usually within…

Meaning A Demand Draft (DD) is a prepaid instrument issued by a bank to transfer money from one…

Definition A Commercial Bank is a financial institution that accepts deposits, provides loans, and offers other banking services…

Meaning UPI Transaction Status shows whether a UPI payment is successful, pending, or failed. It is an essential…

Definition A Bank Branch is a physical office of a bank where customers can do transactions like depositing,…

Definition UPI APIs stands for Unified Payments Interface Application Programming Interfaces.. UPI APIs are tools that allow apps…