what is int pd in bank statement

what is int pd in bank statement

1 year ago 49
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INT PD in a bank statement stands for "Interest Paid". It refers to the total amount of interest that has been accrued over a specific time period on the balance in your bank account. The interest rate your bank is offering, the balance in your account, and how long the money has been in the account will all affect how much interest you receive. INT PD is usually listed as a separate line item on a bank statement, along with other transaction details such as debit card transactions and phone banking transactions.

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