Define payee of a cheque.

A demand draft issued by a bank is valid for _____.

In a term loan, the borrower enters into an agreement with the bank regarding the

Rajan makes a fixed deposit of $₹8000$ in a bank for a period of $2$ years. If the rate of interest is $10\%$ per annum compounded annually, find the amount payable to him by the bank after two years.  

Rent will be paid by customer to bank for using

Mahesh deposits $₹600$ per month in a recurring deposit account for $2$ years at $5\%$ per annum. Find the amount he receives at the time of maturity.

What will bank customers pay for using safe deposit locker facilities?