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How to write a check for Rs 1500.45 paise?
In Words: One Thousand Five Hundred and Forty Five Paise Only In Numbers: Rs.1500/45
What is the minimum balance in sbh account?
Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !
What does bounce a check mean?
A "cheque bounce" occurs when a person writes out a cheque, but there are not enough funds in his bank account to clear that cheque. Here's how it works: When you write a cheque, you are instructing your bank to move a certain amount of money from your bank account to someone else. The bank cannot move that kind of money if you do not have sufficient balance in your account. The bank returns the cheque to the person with the word "bounced" beside it. Cheque bouncing can incur any number of penalties, not to mention damaging your credit and even leading to litigation if bounced too often. Ensure you've got sufficient in your account so as not to bounce!
How do you write Rs. 250000?
Rs. 250000
Is a Pan Card needed for an account payee cheque over rs50000?
Quoting of PAN is required in various banking transactions. But PAN is not required for an account payee cheque over Rs.50,000/-.
