Search results
Results from the WOW.Com Content Network
A joint account is a bank account that has been opened by two or more individuals or entities. Joint accounts are commonly opened by close relatives (such as by a married couple) or by business partners in an unincorporated business, but it can be used in other circumstances.
Right now, you are the sole owner of your bank accounts. However, you're thinking about opening a joint bank account with someone else. As a financially responsible person, you want to learn as ...
1994 - India fund Management Limited was established to manage the operations of Indian Bank Mutual Fund 2006-07 - The bank entered into a strategic alliance with Oriental Bank of Commerce and Corporation Bank 2012: Scheme of Amalgamation of M/s India Fund Management Limited, a wholly owned subsidiary of the bank with Indian Bank.
Joint bank accounts can be a powerful tool for anyone looking to streamline their financial lives and work together toward common goals. Here are some of the many benefits: It's easier to manage ...
The Banking Regulation Act, 1949 is a legislation in India that regulates all banking companies in India. [1] Passed as the Banking Companies Act 1949, it came into force on 16 March 1949 and changed to Banking Regulation Act 1949 from 1 March 1966. It is applicable in Jammu and Kashmir from 1956.
Remember back at the altar when you said "for richer or poorer" to your soulmate? You and your better half should keep that promise in mind before you head to the bank to open a joint bank account...
If the customer has accounts in different branches of the same bank, all of those accounts are clubbed together and the total sum is insured to a maximum of ₹5,00,000. [6] However, if there are more accounts in same bank, all of those are treated as a single account. The insurance premium is paid by the insured banks itself.
When should a couple decide to open a joint bank account and when should they keep their finances separate? To find out some of the pros and cons associated with joint bank accounts and how couples...