Bank accounts often have two balances, one known as the ledger balance and the other as the available balance. A ledger balance is updated every day and incorporates previously cleared deposits and withdrawals. An available…
Posts By Harshita
How to know Account Holder name by Bank A/C number?
It is common for people to be concerned when they are requested to send money to an account number but wish to double-check the account holder’s name for comfort. This becomes more difficult because not…
What is Account Payee Cheque?
Cheques are a common method of payment in India since they are both safe and straightforward. Many cheques, such as crossing cheques, holder paycheques, and ac payee cheques, confuse people. For a better understanding, let…
Ledger Balance vs. Available Balance
Financial institutions employ a variety of terms to distinguish between various aspects of their operations. Let us examine two of them: the available balance and the ledger balance. These terms may be unfamiliar to you,…
What is a ledger balance?
Ledger balance is referred to as a current balance in some organizations. Although it may appear that your ledger balance is the same as your available balance, it is really the starting balance for each…
How to close Kotak 811 Account?
With its headquarters in Mumbai, India, Kotak Mahindra Bank Limited provides banking and financial services in India. It provides banking products and financial services in the fields of personal finance, investment banking, life insurance, and…
How to close Axis Bank account?
Originally known as UTI Bank, Axis Bank Limited is an Indian banking and financial services organization with its corporate headquarters in Mumbai, Maharashtra. It offers financial services to big and small corporations, SMEs, and retail…
How to close HDFC Bank account?
Indian banking and financial services provider HDFC Bank Limited has its corporate office in Mumbai. As of April 2021, it was the leading private sector bank in India by assets and the tenth largest bank…
How to close ICICI Bank account?
ICICI Bank is a well-known private bank in India. It has locations all around the country. The ICICI bank account contains all of the account holder’s legal information. Customers’ formal information is kept on file…
Sukanya Samriddhi Yojana – Meaning, Interest Rate
Sukanya Samriddhi Yojana, or SSY, is a benefit plan for girls. It was created as a part of the government’s ‘Beti Bachao, Beti Padhao’ initiative. Investing in this insurance plan helps parents to provide financial…