In this scheme, comboes are administered in each state. The zodiac given in this scheme is different in different states. For example, in Chhattisgarh, Rs 15,000 is given to the marriage of the youth of BPL family. With 1000 checks, certificates and homeowners are also paid. The state government is given Rs. 30000 to the widow and the pallitakta.
The most basic answer is no. The bank has the right to determine whether or not to release funds to you and when. Federal guidelines also dictate the timeline. If you want to have a large transaction completed more quickly, you may ask for a direct deposit or that the money be wired directly to you instead of receiving a check.
You may also opt for ways to avoid a hold on your account. However, it is important to remember that the transfer of money between banks does not instantaneously. It takes time for the money to cross through the proper channels, so it's always best to give yourself a cushion when depositing checks.
You cannot trust the balance that the ATM gives you. The banking system operates on a system of holds while money is transferred from your account to other places. Your deposits may not be immediately available to you. Even your debits are not automatically deducted from your checking account. For this reason, it is important to keep a running balance of your account at all times.
The clearinghouse is regional, and if the check is from out of state it may need to be sent to another clearinghouse before the bank actually receives the money for your check. When you deposit a large check from out of state the bank may put a hold on ituntil funds are collected. This protects you from spending the money before you actually get it. Sometimes the check will not clear and you will need to pay the bank back if you have already spent the money. You can avoid a hold by changing some transaction that you do.
Similarly, checks do not clear your account the moment that you write them and send them off in the mail. Once the person or company receives your check, they must deposit it in their bank and then wait for the money to be transferred from your account. Checks usually take the longest to clear, because it depends on how long the company takes to cash or deposit your check.
This hold lasts a few days, and then will drop off. The merchant that accepted your debit card has to send in its transactions in order for the debits to be transferred to them. Although most merchants do this on a daily basis, some small businesses may take longer. When this happens the hold may drop off before the amount is deducted from your account, and your balance would say that you have more than you do. If you do not keep track of your actual transactions, you can end up overdrawing your account.
Since you have all of these factors working against you, you should keep a running balance of your account. You cannot simply trust the ATM balance to be the correct one. Similarly just because a debit transaction goes through, it does not mean that you currently have the money to cover the transaction. To keep a running balance you simply record your transactions as you go, then you add and subtract them from your balance in order to get the amount that you really have.