https://indianmoney.com/articles/types-of-cheques
A cheque is an negotiable instrument. Section 6, of Negotiable Instrument Act 1881 defines a cheque as - A cheque is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand and it includes the electronic image of a truncated cheque and a cheque in the electronic form"
In common parlance, the account holder draws a cheque favouring somebody or self with instruction to his bank (where he maintains an account) to pay when cheque is presented for payment
There are different types of cheques
Bearer cheque
Order cheque
Open cheque
Crossed cheque
Mutilated cheque
Stale cheque
Post dated cheque
Most investors want to make investments in such a way that they get sky-high returns as fast as possible without the risk of losing the principal amount. And this is the reason why many investors are always on the lookout for top investment plans where they can double their money in few months or years with little or no risk.
However, it is a fact that investment products that give high returns with low risk do not exist. In reality, risk and returns are inversely related, i.e., higher the returns, higher is the risk, and vice versa.
Scheduled Banks in India constitute those banks which have been included in the Second Schedule of Reserve Bank of India(RBI) Act, 1934. RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act. https://indianmoney.com/articles/list-of-scheduled-banks-in-india
Banks not under this Schedule are called non-scheduled banks. Scheduled banks are usually private, foreign and nationalised banks operating in India. However, cooperative banks are allowed to seek scheduled bank status if they satisfy certain criteria.A scheduled bank is eligible for loans from the Reserve Bank of India at bank rate. They are also given membership to clearing houses.
Credit appraisal is assessing the credit worthiness or repayment capacity of a prospective borrower with major focus on his/her’s ability and his intention to pay back his loan. https://indianmoney.com/articles/what-is-credit-appraisal
The assessment of the various risks that can impact on the repayment of loan is credit appraisal. In short, you are determining "Will I get my money back?". Depending on the purpose of loan and the quantum,the appraisal process may be simple or elaborate. For small personal loans, credit scoring based on income, life style and existing liabilities may suffice. But for project financing, the process comprises technical , commercial, marketing, financial , managerial appraisals as also implementation schedule and ability.
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