Course Overview
58m | 10 Videos | 80786 Views | 
Intermediate In this course of SARFAESI ACT you will be learning about What is Sarfaesi Act, 2002. Various features of the same and its applicality in the DRT. The procdeure of banks to issue notice to pay within 60 days fom the date of notice. Remedies available to the banks, if the borrower does not pay within the stipulated time. Rights to address the grievances of the borrower to DRT in case of any objection to the notice or to the contents of it. ARCs and their activities, Need of the existence of security charged to the bank and non-applicability when the securities are by way of Lien, pledge and hire-purchase.
Various types of payment services- cheques, Pay orders, DDs, Multicity cheques, RTGS, NEFT, easy methods for transfer of money, Features of Debit Card, Credit card and Travel Card. Different types of collection services, transfer, local and national clearing, collection of cheques, Bill of exchange etc. What are Forex services ? The guidelines with regard to Export and import and other individual transactions. The application of FEMA guidelines and duties and responsibilities of banks and customers. What is core banking solution ? Its uses in the present day banking. Finacle, Ba NCS and Flexcube, the most used core banking solutions. Various methods of internet frauds used by fraudulent people. Phishing,Spoofing and Vishing. Customers have to make sure that the URL they use is genuine and not reveal any personal information to anyone. Safety measures if adopted will help the customers from such frauds. Never ever reveal your personal details like Debit / Card No., PIN, CVV number or Date of birth, mother’s maiden name etc.becuase banks never ask for its customers to reveal their passwords or any other information for updation at their end.
