A endorsement includes the words "FOR DEPOSIT ONLY":

Related MCQs

• According to RBI guidelines the term ‗bulk deposit‘ is used for single rupee term deposit of
• ESAF Small Finance Bank has launched a social deposit scheme called 'Hrudaya Deposit scheme‘ recently. Where is headquarter of ESAF Small Finance Bank?
• Which instrument cannot be transferred from one person to another by endorsement?
• With a view to facilitate payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country             
• When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as:
• For using the safe deposit locker facilities, bank customers pay .
• Safe deposit locker – a product offered in the Indian retail banking segment under:
• When it comes to retail deposit products, which among the following is irrelevant?
• A depositor can deposit his funds  any number of times he likes and can also withdraw the same any number of times he wishes
• The Deposit Insurance Credit Guarantee Scheme was formed on ?