Basic Account definition

Basic Account means the basic account of the Pension Fund established pursuant to s. 75 of the Statutory Pension Plan Rules and continued in accordance with s. 75 of the Pension Plan Rules.
Basic Account means Customer MAKash Wallet classified as Semi- closed system payment instruments issued by obtaining minimum details from the customer, such as, mobile number verified with OTP, self-declaration of name, e mail id and unique identification number of any of the ‘officially valid document’ as mandated under PML Rules/RBI directions/any other statutory body, from time to time. The type/nature of transactions under such wallets issued by obtaining minimum details from customers will be restricted to those permitted by RBI, from time to time, for such category of semi-closed prepaid instruments .
Basic Account means that portion of a Participant's Account to which Employer contributions are credited pursuant to section 4.1.

Examples of Basic Account in a sentence

  • The Advantage Basic Account is an integrated group of financial services consisting of your Brokerage Account, a cash sweep program, and check writing features.

  • The Advantage Account includes all features of the Advantage Basic Account, plus a Visa® debit card ("Debit Card").

  • If the requestor does not wish to create a Basic Account first, TSC personnel shall proceed with the procedures for a new DS Logon request.

  • If the requestor does not have an existing Basic Account, TSC personnel shall inform the requestor of the advantages of establishing a Basic Account and provide the requestor with the procedures for obtaining a Basic Account.

  • If they do, TSC personnel shall follow DS Logon user guide instructions to generate a request to upgrade the Basic Account to a Premium Account.


More Definitions of Basic Account

Basic Account means the account maintained for a Participant to which is credited the Basic Contributions, if any, made on account of the Participant, as adjusted in accordance with Article 6.
Basic Account means an account which an Institute can set up without payment and which is limited to the Institute having only one Tutor User.
Basic Account means the Account maintained for each Participant under each Investment Fund in which all or part of the Participant's Basic Contributions and any Flex Contributions have been invested and adjusted from time to time as provided in section 9.3.
Basic Account means a payment account having the features referred to in Article 23 of this Act;
Basic Account means a basic account offered by a Member Bank to eligible customers (including holders of Pensioner Concession Cards, Health Care Cards or Commonwealth Seniors Health Cards) that have the minimum features listed at paragraph 2(b) and special features at paragraph 2(c) above.
Basic Account. Account of a Recruiter who has not purchased a Premium Subscription.
Basic Account means an account with the following features: