Demand drafts and other forms of payment instruments are slowly losing their importance in the banking industry. This is mainly due to the onset of the digitisation era which has opened a plethora of ...

What is a Demand Draft? Demand Draft is a transaction instrument issued by a bank that aids in transferring funds from one bank to another. It is similar to a bill exchange and is a secure way of ...

The seven-digit Mobile Money Identifier, or MMID for short, is a unique number that is used for interbank transfers when utilising the MMID feature of mobile banking. An MMID will be assigned to each ...

In Saudi Arabia, gold holds a special place as both a symbol of affluence and a prudent long-term investment. The daily fluctuations in gold prices are influenced by a multitude of factors, including ...

How can I invest in silver in India? There are multiple ways to invest in silver in India. They are as follows: Silver articles, cutlery or jewellery - It is a quite common practice in India to invest ...

Akola is located towards the north of Maharashtra and is known as the 'Cotton Centre' of Western India. With its rich history and trading routes, it is a prominent commercial trading post in the ...

The decimal currency was created by the Coinage Act of 1792. Over the years, Congress introduced various forms of paper money. The Forex market usually uses the US dollar as the benchmark. Indian ...

Situated in the northern reaches of the state of Maharashtra, Jalgaon is known for its banana production. Silver is in high demand in the city, being used as an investment as well as for retail use in ...

A permanent Account Number (PAN) card is an identification document provided by the Indian Income Tax Department under the supervision of the Central Board of Direct Taxes (CBDT). It is a unique ten ...

Vadodara, previously known as Baroda is the third-largest city in Gujarat and is located on the banks of the Vishwamitri River. The city is known for its vast showcase of the culture of the country in ...

Common Services Center (CSC) is allocated to a person known as Village Level Entrepreneur (VLE). It is important to register themselves on the official website. Here are the steps to register on the ...

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