In which among the following accounts, no cheque book is issued?
In which among the following accounts, no cheque book is issued?
[A]Minor Account
[B]Joint Account
[C]Illiterate Account
[D]Non Resident Account
Illiterate Account
Illiterate accounts are opened on discretion of the banks if the person personally goes to the bank along with a witness already known to the bank and the depositor. No cheque books are issued for such accounts. Any withdrawal is done by a thumb impression of the depositor in presence of the bank officer who is able to verify the identity