BANKING GENERAL KNOWLEDGE
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Detailed explanation-1: -Transaction Limit: Rs. 30 Lakhs per transaction and Rs. 75 lakhs per day. Customer can apply for Debit Card and manage other card activities like: Set daily debit card limit for ATM transactions. Set daily debit card limits for PoS and Ecommerce transactions.
Detailed explanation-2: -The IMPS limit depends on the respective bank’s policy and can range anywhere between ₹10, 000 and ₹2 lakh.
Detailed explanation-3: -6) You can transfer a maximum on Rs. 1, 00, 000 in a day on Mobile Banking & Rs. 50, 000 on Net Banking without adding beneficiary.
Detailed explanation-4: -What is the NEFT limit in Bank of Baroda? Bank of Baroda has a maximum limit of Rs. 5 lakhs for NEFT transfers done through mobile banking or internet banking. For NEFT transactions done through the bank branch, there is no limit.