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MOD stands for Multi Option Deposit. - In MOD, the surplus funds lying in the SB account isautomaticallytransferred to a FD a/c (so that the a/c holder earns more rate of interest). Available balance is the fund lying in the a/c holders SB a/c. The total amount in the credit of an a/c holder is the sum of both MOD and available balance. ( ie amount in credit of a/c holder = MOD balance + Available balance)
What else can I help you with?
Can i withdraw MOD Balance money?
mod balance available
What is mod balance in a bank account?
what is the mod balance in account what is the definition of mod balance
Can you withdraw MOD balance?
mod bal
What is plus mod balance in bank loan?
plus mod balance in bank loan is the money who pay on the bank that you loan with interest rate and original cost.
How do you transfer mod balance to available balance?
It is not money on deposit. It is "Multi Option Deposit" which means: you can decide upon the money going to Fixed Deposit for the minimum amount you set for your account. For instance: You have 50000 in your account. In normal scenario, you will be getting interest on the above amount as per saving bank interest rate. But in case you have MOD account, you can decide that what ever amount is surplus of 10000, it goes into MOD balance and for those amount, you get a interest rate as you get incase of Fixed deposit.
What id difference between mod banlance and avilable balance on ATM slip?
mod bal means money on deposit,available bal means current balance in ur account
Can i withdraw MOD Balance money?
mod balance available
What is the difference between hatsan mod 55s and 60s?
mod 55s is in .177 calibre and mod 60s is in .22 calibre apart from this they are the same rifle, it is also available in .25 calibre but not sure of the model number.
What is the difference between Garry's Mod 10 and Gary's Mod?
Garry's Mod 10 is a version of Garry's Mod.
What is mod balance in a bank account?
what is the mod balance in account what is the definition of mod balance
What is the difference between a mod 94 trapper and a regular mod 94?
Trapper has a shorter barrel
What is the difference between a Mod 62 and a Mod 62A Winchester?
A change in the breech bolt mechanism.
Can you withdraw MOD balance?
mod bal
What is the difference between Remington mod 7400 740 742 and 750?
Age.
Is the Minecraft fossils mod singleplayer?
Yes, this mod is available for singleplayer
What is the Main difference between acrylic and mod acrylic fibers?
Modacrylic is a high tenacity fiber compared to Acrylic
What is plus mod balance in bank loan?
plus mod balance in bank loan is the money who pay on the bank that you loan with interest rate and original cost.
