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Banking FAQs & HowTo Guide
Know to calculate Balloon Payment EMI in Loans i.e. Mortgage Loans, Property loans, Home loan or Loan against Rent Receivables – The Balloon payment is defined as the lump sum payment which is made along with the last EMI of the loan. This payment is usually made towards the end of the loan period. The […]
Bait money is the money which is being kept in the Bank locker and duly recorded for tracking down the robbers. This is basically a small pile of currency notes which has been duly noted by the designated Bank officials in the branch and is kept in safe custody so that in case of any robbery or […]
Checkout the various CVC guidelines on reporting of fraud cases to investigating agencies like CBI. Central Vigilance Commission (CVC) has revised the guidelines for reporting the cases of frauds to different departments like CID, State Police or CBI incase of Public Sector Banks. [box type=”info” align=”aligncenter” ]Frauds of minimum Rs 3 crore and to Rs 25 […]
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