how to maintain aqb in bank?
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Average Quarterly Balance is abbreviated as AQB. It is the average balance to be maintained in the account over a period of a quarter. It is the sum of the end of day balance in the account for each day in the quarter, divided by the number of days in the quarter.
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Visit servicing branch policy servicing dept and ask for signature update form. sign it and attested by any officer of LIC or your bank manager or any authorised agent. Other wise contact your agent and he will help you.
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['Identify a relevant opportunity.', 'Make sure you can fulfil the requirements of the tender.', 'Express interest to the buyer.', 'Complete the Pre-Qualification Questionnaire (PQQ)', 'Invitation to tender (ITT) is issued.', 'Submit full tender response.']
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['Overview.', 'Bank details for online or telephone banking, CHAPS, Bacs.', 'At your bank or building society.', 'By cheque through the post.', 'Direct Debit.']
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['Help customers open and manage their bank accounts and finances.', 'Advise clients on financial services and resolve issues.', 'Reach out to prospective customers to sell our services.']
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['Select Lists, then Chart of Accounts.', 'Select Accounts, then New.', 'Select Bank, then Continue.', 'Enter your bank account information.', 'Select Save and Close to save your changes.']
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['Australian Securities and Investment Commission (ASIC) requires companies to keep records for seven years.', 'The Fair Work Ombudsman (FWO) requires you to keep employee records for seven years.', 'The Australian Taxation Office.']
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You need to keep your records and documents for different amounts of times depending on the government department or organisation that needs the information. Australian Securities and Investment Commission (ASIC) requires companies to keep records for seven years.
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You need to keep most records for five years, starting from when you prepared or obtained the records, or completed the transactions (or acts they relate to), whichever is the later. You need to be able to show the ATO your records if they ask for them.
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QAB can be calculated by adding up all the closing day balance in a given quarter and then dividing it by the number of days in the quarter. 1. QAB is the average of the all the closing day balance of a bank account in a given quarter. 2.
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In rural branches, HDFC Bank customers are required to maintain an average quarterly balance (AQB) of Rs 2,500 to avoid penalty charges. Customers holding a fixed deposit of Rs 10,000 and above for a minimum term of one year and one day are also exempt from the penalty charges, according to the HDFC Bank website.
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['Download the form of the respective AMC.', 'Fill in your general details such as Folio number, Name, PAN etc.', 'Provide the details of your current bank account and the new bank account.', 'A canceled cheque of your old account and the new account.', 'Sign and send it to the respective AMC.']
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Highly recommend working at this bank. Generally nice colleagues, not too competitive with focus on team work. ... If you don't care about culture, values, team support. Then MUFG is a great fit only in terms of compensation and benefits.
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['Bank Statements (keep for three years) ... ', 'Payable and Receivable invoices (keep for seven years) ... ', 'Home office expenses (keep for three years) ... ', 'Office supply expenses (keep for three years) ... ', 'Vehicle and mileage expenses (keep for three years)']
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Download the form of the respective AMC. Fill in your general details such as Folio number, Name, PAN etc. Provide the details of your current bank account and the new bank account. A canceled cheque of your old account and the new account.
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['Pick a start date. ... ', 'Set a cancellation date for your group policy. ... ', 'Confirm who will be eligible. ... ', 'Determine a budget and set allowances. ... ', 'Establish legal plan documents. ... ', 'Communicate your new benefit to employees. ... ', 'Provide resources to help employees buy individual health insurance. ... ', 'Follow all QSEHRA deadlines.']
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3. Cheque book issuance charges. For account holders having Quarterly Average Balance (QAB) up to Rs 1 lakh, first 25 cheque leaves are provided free of cost in a financial year. ... No amount will be charged to issue cheque books to account holders having QAB of Rs 1 lakh or more and to senior citizens.