Most bank customers go through a fairly standard KYC process — Aadhaar, PAN, photo, address proof. But for a small percentage of customers, standard verification…
A loan application can look completely clean on paper and still be entirely fraudulent. Forged salary slips, fake income tax…
UTR stands for Unique Transaction Reference. It is a unique alphanumeric reference number automatically generated by the banking system for…
RRB stands for Regional Rural Bank. Regional Rural Banks are government-owned scheduled commercial banks that operate at the regional level…
If you maintain a sizeable relationship with your bank — a large deposit, an active loan, or an investment portfolio…
UPI stands for Unified Payments Interface. It is a real-time digital payment system developed by the National Payments Corporation of…
TRF stands for Transfer — specifically, Funds Transfer. It is a generic abbreviation that appears in bank statements, passbooks, and…
TRTR stands for Transfer Transaction. It is a bank statement abbreviation used by many Indian banks to indicate that a…
Invest Rs.10 lakh in an FD at 7% and expect Rs.70,000 interest at the end of the year. But what…
TDR stands for Term Deposit Receipt — the official document or certificate that a bank issues when a Term Deposit…
You check your SBI bank statement and see an unexpected SWPO debit. No SMS came before it. You don’t remember…
