BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Baroda Reloadable EMV chip card variant is issued in Indian Rupees with maximum amount of Rs. ____
A
15000
B
25000
C
50000
D
100000
Explanation: 

Detailed explanation-1: -Minimum load amount is Rs. 100. Maximum amount permitted in a card at any point of time is Rs. 1, 00, 000.

Detailed explanation-2: -Cash withdrawal Rs. 50, 000 per day from ATM. Purchase limit of Rs. 2, 00, 000 per day (POS).

Detailed explanation-3: -A : Baroda Gift Card is a magnetic stripe pre-loaded card accredited by RUPAY. It is an elegant way of gifting to your near or dear ones who in-turn can use the same at merchant outlets/E-commerce platform to purchase items of their choice. Thus, it allows freedom and choice of purchase to the person receiving gift.

There is 1 question to complete.