BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Corporate bob World Internet user can open online Fixed Deposit (FDR) Account for the amount ____
A
less than Rs. 1 crores
B
less than Rs. 2 crores
C
less than Rs. 3 crores
D
less than Rs. 5 crores
Explanation: 

Detailed explanation-1: -FAQs on How to Open BOB FD Online Yes, you can open a fixed deposit with Bank of Baroda online.

Detailed explanation-2: -The minimum investment amount in case of a regular bank FD is Rs 5, 000. Is the interest earned on a bank FDs taxed and how? Yes, the interest earned on bank fixed deposit is taxable under the Income Tax Act, 1961.

Detailed explanation-3: -Comes with nomination facility and minimum principal amount of Rs. 1000.

There is 1 question to complete.