Simply since you are provided a sure amount of cash in scholar , it doesn't mean that you need to settle for all of it.
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Then again you both give the lender a put up dated examine of the requisite amount to be encashed on 2nd of the next month or you commit to pay the lender in cash on 2nd.
Some banks could take a couple of hours to deposit funds into to your account and new deposits usually take longer to show up in your cash machine or through your on-line banking.