BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
At a Railway station, you withdraw cash from ATM of HDFC. HDFC is a
A
Paying Banker
B
Collecting Banker
C
Advising Banker
D
Issuing Banker
Explanation: 

Detailed explanation-1: -During banking hours, you can walk into any HDFC Bank branch and withdraw cash using a withdrawal slip or cheque or deposit cash after filling up a deposit slip. You can also deposit cash at any of our branches or ATMs.

Detailed explanation-2: -Rs. 15 + applicable taxes per Balance Enquiry & Rs. 110 + applicable taxes per Cash Withdrawal + 3.5% Cross Currency Mark up for managed segment. 3.5% + applicable taxes on foreign currency transaction carried out on Debit Cards.

Detailed explanation-3: -Cash withdrawal from HDFC bank ATM by the beneficiary Then, enter details such as OTP, beneficiary mobile number, 9-digit order ID, and the transaction amount. Once the above details are validated, the cash will be disbursed by ATM.

Detailed explanation-4: -50/-per transaction on incremental amount; Third party cash withdrawal allowed only up to maximum Rs. 50, 000/-per transaction.

There is 1 question to complete.