Bank Statement: How to Check and extract bank account statement. Know what is written in the bank account statement.Â
If you also do not understand in the statement of your bank account what is written and what is its meaning, then let us explain to you in easy. You are surprised to see your bank balance that how this balance came and do not understand how the balance is calculated, what is the meaning of which entry, then it tells you all in detail. How to Check your Saving Bank Account Statement.
What is Bank Statement
Bank statement is such a statement in which the transactions done in a bank account in a given time period are shown in detail. With this, the account holder can know about the transactions done in his account. This statement is found on the paper printed on the computer or in the form of a booklet called passbook. The account holder can also see his bank statement online through internet banking. It can also be downloaded as PDF or Excel file. Many banks send your bank statement every month through email.
Also Read: Bank Alert: This Bank’s MICR code and Cheque Book will be closed from 1 October 2021
How to Remove Bank Statement
If you have got a pass book, then you can get it filled by going to your branch. Your passbook is your bank statement. Additionally your bank sends you monthly bank statements over email. You can also withdraw the Bank Statement for whatever period you want by logging into your account through Net Banking or Mobile Banking. Most of these statements are in PDF or Excel that you can view or print on the screen.
Bank Account Statement DownloadÂ
Whether you have received passbook for your bank account, statement received by email or you have downloaded from online mobile banking , it is important that you must be able to read it. With this, not only will you keep track of your account activities, but also any unauthorized transactions that have taken place in the account.
Apart from this, the charges or charges levied by the bank will also be understood so that if you are dissatisfied with the charges levied by the bank, then you can contact your bank and ask them to remove it. You should always keep an eye on the activities happening in your bank account and take care of the security of your bank account . Read here what is the minimum balance on our site.
Main Columns of Bank Statement
The main columns in a bank statement are Serial Number, Date, Check Number, Description, Debit, Credit and Balance. Let us understand all these in detail.
Serial number
The serial number or serial number indicates the sequence of entries.
Date
Date or Transaction Date Indicates the date of that entry. Keep in mind that when we deposit the check, the date of entry may be the day when the check went for clearing. The amount of that check may be available in the account for withdrawal on the next day itself.
Check number
Here the number of the check entered is entered.
