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Banking

Types of Bank Accounts

Saving bank account Any individual or HUF can open a saving bank account. Normally these accounts are intended for the personal use but it can also be used for business purposes which have few business bank transactions. Offer nominal interest on the …

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RTGS, NEFT & IMPS

National Electronic Fund Transfer (NEFT) Meaning – It is way in which you can transfer fund from any bank account to any other bank account holder in India. NEFT is based on batch processing system. Minimum amount – Rs. 1| Maximum amount …

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