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What is the minimum balance in Syndicate Bank current account?
Syndicate Bank is a nationalised bank with its headquarters in Manipal, Karnataka….Syndicate Bank Savings Account Minimum Balance Requirements.
Type of Savings Account | Average Monthly Balance Requirement |
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Premium Savings Account | Rs. 10, 000 |
Is Cheque required for current account?
Cheque books are issued to all Current Account holders and all withdrawals should be made only through issue of cheques. A cheque should not be issued for an amount of less than Rs. 50/-. are accepted in Current Accounts.
How long does it take for current balance to become available balance?
Available Balance and Check Holds However, said amount must be made available within a reasonable time, usually two to five business days. Banks may hold checks from accounts that are repeatedly overdrawn.
How much time it will take to clear the uncleared balance?
The uncleared balance is the balance whose credit has not completed to your account and you are not able to withdraw that money. Uncleared balance takes one working day to be cleared if there is no holiday otherwise it take few more days.
What is the minimum balance in Canara Bank saving account?
Rs. 1000
SAVINGS BANK ACCOUNT Average Monthly Balance of Rs. 1000/- for Metro, Urban & Semi-urban branches and Rs. 500/- for Rural branches. Application in the Banks’ prescribed form, Proof of identity, Address proof, Passport size photograph.
Why is my bank account showing zero balance?
Only you have been temporarily stopped from withdrawing the amount from your account. When the account is in hold, despite your account having the balance in the account, it shows ‘0’ (zero) balance if the holding amount is more than the balance in your account.
Why is my available balance different from my current balance?
The available balance for your account may differ from the current balance because of pending transactions that have been presented against the account, but have not yet been processed. The available balance also includes credit available if you have a line of credit linked to your checking account.
Can uncleared funds be Cancelled?
The uncleared balance means the balance which is not cleared, the balance which is waiting to be cleared from the clearing process is called as an uncleared balance. After the balance gets cleared it will come to your account and status will change to cleared balance….
Joined: | 13/09/2009 |
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Points: | 172 |
Whats the meaning of cleared balance?
What Are Cleared Funds? Cleared funds are the cash balances in an account that are able to be immediately withdrawn or used in financial transactions. Until funds are considered to be cleared funds they are considered to be pending, and investors or customers will be unable to conduct transactions with them.