Bank FAQ - important questions & answers
This Ifsc code can be found at following places :-
1. On bank branch cheque's book
2. On bank passbook
3. On bank notice board
4. Enquiry to your bank on phone number
5. Statement of bank also may have IFSC code number
6. Find our website for all bank's branch in India
RTGS Holiday list 2019
Date Day Remark April 01, 2019 Monday Annual closing of Banks April 19, 2019 Friday Good Friday June 05, 2019 Wednesday Ramzan Id (Id-Ul-Fitr) August 12, 2019 Monday Bakri Id (ld-UI-Zuha) August 15, 2019 Thursday Independence Day September 10, 2019 Tuesday Muharram October 2, 2019 Wednesday Mahatma Gandhi Jayanti October 08, 2019 Tuesday Dussehra / Vijaya Dasami December 25, 2019 Wednesday Chris…
Bank of Baroda ( BOB ) bank daily withdrawal limit is as follows - ( For RuPay Classic chip Debit Card )
1. On BOB ATM : 25000/- per day ( maximum in one transaction - 15000/- )
It means if you want to withdraw 20k you have to do two transaction
First withdraw 15k and second 5k
2. If ATM is not BOB means on other banks ATM you can withdraw 25K but maximum limit per transaction is 10K.
3. No of Cash withdrawal per day : 4
4. Maximum purchase limit per day is : 50K
Difference between NEFT & RTGS | NEFT System | RTGS System
NEFT System RTGS System National Electronic Funds Transfer Real Time Gross Settlement Transcation Proceessed in batches Transcation Proceessed in Real Time NEFT Opening time 8 AM - 7 PM RTGS Opening time 8 am to 4.30 pm. It may vary to bank as well. NEFT uses for small amount transfer RTGS uses for big amount transfer Minimum transfer amount in NEFT is 100/- Minimum transfer amojnt in RTGS is…
IFSC or IFS Code stands for "Indian Financial System Code". This code is not a random number. It have some pattern to identify each bank and branch information.
Formation of IFSC Code
It is made up by total 11 characters out these -
first 4 characters represent a bank code,
5th place character is zero(0) and
last 6 represent to branch code.
Let's understand it by example -
IFS Code : PUNB0011200
In this first 4 characters are PUNB it represent to Punjab National Bank.
Fifth character is ze…