Question

what were the different types of hundi in use by traders in ancient times??​

Answer 1

Answer:

Sahyog Hundi: This is drawn by one merchant on another, asking the latter to pay the amount to a third merchant. 2) Darshani Hundi: This is a hundi payable on sight. 3) Muddati Hundi: A muddati or miadi hundi is payable after a specified period of time. To avoid cash when traders going from one place to another.