what is legal meaning of CLEAR BALANCE mentioned in
bank passbook of a saving account ?
Answers were Sorted based on User's Feedback
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||6 No|
Answer / pradip patil
Tally both side debit and credit means clear balance
|Is This Answer Correct ?||13 Yes||3 No|
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