Tag Bank

Demand Drafts to be Paid Immediately and other Guidelines-RBI

  All of us are aware that Banks ask us to wait for ‘ DD clearance’ for payment of Demand Drafts issued in our favor. Some clear it within a couple of days while some others take even a week. When demanded…

Dubious Debits-Banks to Reimburse For Failed ATM Transactions.

Banks have been debiting customers even for failed transactions. RBI guidance clearly states that this is to be reimbursed to the customer with in seven days. There are other ingenious ways  Banks skim you. To remit money into your account to your…