National Electronic Funds Transfer

national electronic funds transfer Banking Gurukul, GOLN National Electronic Funds Transfer

National Electronic Funds Transfer (NEFT) is an electronic funds transfer system maintained by the Reserve ba’nk of India (RBI). Starting in November 2005, the …

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Certificate of deposit

certificate of deposit Banking Gurukul, GOLN Certificate of deposit

Certificate of deposit: A certificate of deposit (CD) is a time deposit, a financial product commonly sold by banks, thrift institutions, and credit unions in the …

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Time deposit

time deposit Banking Gurukul, GOLN Time deposit

A time deposit or term deposit (also known as a certificate of deposit in the United States, and as a …

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Transaction account

transaction account Banking Gurukul, GOLN Transaction account

What is a transaction account? A transaction account, also called a checking account, chequing account, current account, demand deposit account, …

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Stock exchange

stock exchange Banking Gurukul, GOLN Stock exchange

A stock exchange, securities exchange, or bourse, is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds, and other financial instruments. Stock exchanges may also provide …

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Debit card

debit card Banking Gurukul, GOLN Debit card

A debit card (also known as a bank card, plastic card, or check card) is a payment card that can …

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Recurring deposit

recurring deposit Banking Gurukul, GOLN Recurring deposit

A recurring deposit is a special kind of term deposit offered by Indian banks which help people with regular incomes …

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