How many times cash withdrawals allowed per day using RuPay NCMC card

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	15
B	5
C	7
D	10

Explanation:

Detailed explanation-1: -Cash withdrawal limit of Rs. 25, 000 and purchase limit at Point of Sale (POS) of Rs. 50, 000 in a day. Limits are per day/per card and are subject to the available balance in the customer’s account.

Detailed explanation-2: -Daily cash withdrawal Rs. 1, 50, 000 from ATM. Daily POS/E-commerce transactions Up to Rs 5, 00, 000.

Detailed explanation-3: -Get daily cash limit upto Rs. 50, 000 and daily point of sales/online transaction limit of up to Rs. 2 Lakhs.

Detailed explanation-4: -b. Five Cash withdrawals per month are free (excluding withdrawals from ATM), thereafter charges of Rs. 150/-per transaction will be charged. 6) Statement of Account: Statement of Account is provided once a month free of cost.

Detailed explanation-5: -Benefits of NCMC For operators, NCMC ecosystem brings common standards for implementation without vendor lock-in. This will also help in higher digital payments penetration, savings on closed loop card lifecycle management cost and reduced operating cost.

There is 1 question to complete.