A practical alternative to prepaid cards is a secured credit card. Unlike prepaid cards, secured credit cards require a cash deposit as collateral, which becomes your credit limit. For instance, a ₹10,000 deposit gives you a ₹10,000 credit limit. Secured credit cards are ideal for indiv...
Why do USA citizens prefer credit cards over debit cards? Explain briefly. What is the advantage of having a credit card if you already have a debit card? What are some reasons to use cash for purchases rather than credit? How do I buy something that's more than my credit limit v...
RTGS has a minimum limit of₹ 2 lakh (2,00,000)in India. This ensures that only high-value transactions are processed and there is less traffic on the RTGS system. 2. RTGS Limit Per Day via Bank Branch RTGS is not subject to any upper limit when bank branches are concerned. This i...
UPI ID is a virtual payment address (VPA) used to make digital payments without sharing bank account details.
Generally, the best way to find such type of credit card is to visit the financial institution or any institution that is involved in the services of...Become a member and unlock all Study Answers Start today. Try it now Create an acco...
Get Airport Lounge Access with HDFC Debit Cards Airport lounge access Debit Card is a perk that can transform your travel experience from mundane to enjoyable. You can escape the hustle and bustle of crowded terminals, relax at the airport lounges, and board your flights comfortably. To make ...
9 February, 2024SynopsisIMPS offers 24/7 inter-bank transfers using your bank’s mobile banking channels.The IMPS meaning is further exemplified through its features like a per transaction limit of ₹5 lakh, varied transaction charges, and ease of access through multip...
Bad Debts:When a business is unable to collect payment for goods or services provided, it incurs a bad debt. Recognizing bad debts as write offs allows businesses to adjust their financial statements to reflect the realistic value of accounts receivable. ...
Navratri, which translates to “nine nights,” is a celebration honouring Goddess Durga and her nine manifestations, symbolising the triumph of good over evil. The festival includes fasting, dancing, and complex rituals, ending with Dussehra, honouring Lord Rama’s triumph over Ravana. ...
or before 6 a.m., the beneficiary will be added the next day after 6 a.m. After the beneficiary is added then you can transfer the funds. Grow your business with Marg ERP! Easy GST invoices and filing. Book Free Trial! Transaction Limit for IMPS In general, the transaction limit ...