A dormant accounts is a bank account that has remained inactive for a specified period, typically more than 12 months. This could be a savings or current account where no transactions—such as deposits, withdrawals, or transfers—have taken place.

A Demand Draft (DD) is a financial instrument used for transferring money from one bank account to another. Unlike cheques, demand drafts offer a more secure way to conduct financial transactions.

Debit cards have revolutionized the way we handle money in today’s fast-paced world. Issued by banks, these cards make electronic transactions more accessible and convenient.

The Debt-Service Coverage Ratio measures how much of your income is available to pay off your debts. Financial institutions, especially banks, use this ratio to check if an applicant is financially strong enough to repay loans. It helps them evaluate the risk of lending money.