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Question
What Is Bulk Posting In SBI?
What Is Bulk Posting In SBI?
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Solution
Answer:
Bulk posting in SBI
- In a bank, bulk posting implies crediting several accounts simultaneously.
- Whenever the money needs to be credited to several accounts from a single source, it arises.
- A group of transactions is produced in which the balance is debited from the employer’s account and at the same time credited to the account of several distinct staff.
- In the case of SBI banks, a dividend issued by the bank may also be used to manage a bank account with a reasonable balance.
- If the balance is high, then there will be a high dividend as well.
- Examples for bulk postings are pensions, corporate wages, subsidies from the government, and so on.
Answer:
Bulk posting in SBI
- In a bank, bulk posting implies crediting several accounts simultaneously.
- Whenever the money needs to be credited to several accounts from a single source, it arises.
- A group of transactions is produced in which the balance is debited from the employer’s account and at the same time credited to the account of several distinct staff.
- In the case of SBI banks, a dividend issued by the bank may also be used to manage a bank account with a reasonable balance.
- If the balance is high, then there will be a high dividend as well.
- Examples for bulk postings are pensions, corporate wages, subsidies from the government, and so on.
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