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What else can I help you with?
Letter format for recurring deposit installment complete so transfer this money in saving account?
Letter format for recurring deposit installment to from saving account
What are the different types of fixings?
Recurring deposits, fixed deposit, saving deposit
How do you calculate how much interest rate should be given for 6 month saving deposit?
I calculate the interest rate should be given for 4 month saving deposit
What is a saving deposit slip?
A deposit slip issued by your bank for depositing money or checks into your savings account.
What is the Difference between saving bank rate and Deposit rate?
deposit rate interest rate paid by the depository institution on the cash on deposit where as saving bank rate is interest paid by the banking institution on saving account holder which is calculated on daily basis and credited to customer account quaterly or semi annually.
How much cash can you deposit in your saving account?
In Indian Currency you can deposit Rs.39,999.00 without a PAN card.
What amount you deposit into a saving account could be insured by the federal deposit insurance corporation up to what amount?
$250.00
How do you write a letter to bank manager for closing fixed deposit?
To Manager Subject: Closing Fixed deposit account. This is to inform you that, My Fixed deposit will mature on 01/12/2012, Kindly request you to transfer the fixed deposit to my Saving account, details are mention below. Name: Saving bank account: your faithfully *****
What is Recurring deposit account?
Recurring Deposits in banks are one of the instruments of accumulating a particular amount periodically, to help us during various occasions of unexpected financial burden. It is a good saving instrument for ordinary middle class, which has a fixed amount of revenue as its monthly income. It is also suitable for small time businessmen, Traders etc, as they do not have to block a large sum, which is a requirement for other types of saving instruments. Even some smart students open recurring deposit accounts with the pocket money they get from the parents. Almost all banks offer Recurring Deposit Scheme, and all of them have their own set of features. Benefits of recurring deposit scheme: 1. The Recurring Deposit scheme, like all other investment avenues, comes with its own set of benefits and they are: 2. Minimum amount of Deposit is Rs.10. No maximum limit. Deposit should be made every month within the calendar month. Default fee is chargeable for delayed deposit at 0.20 P. per month of delay, for Rs. 10 Denomination. 3. Maximum defaults allowed in an account is four (4). After four defaults the account is treated as 'discontinued'. Discontinued account can be revived by paying defaulted deposits, within two months from the fifth default. If it is not so revived, the account cannot be continued. 4. For advance deposits, including deposit for current month, rebate is allowed at the rate: Denomination Rs.10. 6 advance deposits…….Re.1/- 12 advance deposits: 4/- 5. Premature closure is permitted on completion of 3 years from the date of opening. Interest is to be calculated as per the rules and rate applicable to individual savings account. at the rate applicable to savings account from time to time is calculated and paid.
What are the accounts for deposit?
Accounts for deposit are traditionally, checking, saving, money markets and sometime cd's. It is an account that you can add money to on regular basis.
Difference between current account and call deposit account?
A call deposit account is a hybrid form of Current account and general saving account which allows us to withdraw money at any time as in current account and provides us interest on the deposit amount as in other saving account.
What are the types of deposits in SBI bank?
State Bank of India offers different types of accounts. They are: a. Savings Account b. Current Account c. Fixed Deposit Account d. Recurring Deposit Account e. Senior Citizen Deposit Account f. Senior Citizen Pension Account g. Etc.
