Category: Information

LOD full form in banking is List of Documents. It is a formal list or acknowledgement showing the documents submitted by a borrower to the bank, especially in home loans,…

SB full form in banking is Savings Bank. It usually refers to a Savings Bank Account, which is a deposit account mainly used by individuals to keep money safely, receive…

CKYCRR full form in banking is Central KYC Records Registry. It is a centralized digital repository where KYC records of customers in the financial sector are stored, protected, and retrieved…

CAM full form in banking is Credit Appraisal Memorandum. It is an internal loan evaluation document prepared by banks and financial institutions before approving a credit proposal. In simple words,…

ARC full form in banking is Asset Reconstruction Company. It is a specialized financial institution that buys bad loans or stressed loans from banks and financial institutions, then tries to…

ACHCR full form in banking is Automated Clearing House Credit. It is a bank statement transaction code used when money is credited to an account through an automated clearing system.…

LTV full form in banking is Loan-to-Value Ratio. It is a financial ratio used by banks and lending institutions to compare the loan amount with the value of the asset…

OCR full form in banking is Optical Character Recognition. It is a technology used by banks to read printed or handwritten text from documents and convert it into digital data.…

NPS full form in banking is National Pension System. It is a government-backed retirement savings scheme regulated by the Pension Fund Regulatory and Development Authority, or PFRDA. In banking, customers…

MSF full form in banking is Marginal Standing Facility. It is a special borrowing facility provided by the Reserve Bank of India to scheduled commercial banks when they need urgent…