A debit card is a payment card that can be used instead of cash while making any purchase or transaction and the money will be deducted directly from customer’s checking account. Debit cards are much safer and convenient than carrying …
Category: Finance
Fixed deposits (FD) are investment instruments offered by banks, financial institutions, and non-banking financial companies, where costumer can deposit money for a higher rate of interest than saving accounts. One can deposit money in fixed deposits for a limited period …
A credit card is a payment card issued by banks and other financial institutions to their users for paying for goods and services. The issuer of the card creates a revolving account which grants a line of credit to the …
A saving account is the basic type of account which can be created and maintained at any bank or credit union for saving the money. The basic purpose of saving account is to deposit the saved money at banks, keep …