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what is legal meaning of CLEAR BALANCE mentioned in
bank passbook of a saving account ?

Answers were Sorted based on User's Feedback



what is legal meaning of CLEAR BALANCE mentioned in bank passbook of a saving account ?..

Answer / neeraj khurana

Clear balance means the amount lying n account after
considering all transactions viz. debit and credit by bank
till that date ...that is ---other than any uncleared
cheque if any of uncleared credit if any till the closing
hours of bank for that particular date

Is This Answer Correct ?    26 Yes 7 No

what is legal meaning of CLEAR BALANCE mentioned in bank passbook of a saving account ?..

Answer / pradip patil

Tally both side debit and credit means clear balance

Is This Answer Correct ?    13 Yes 3 No

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