BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In bob World mobile banking Interest Certificate can be generated in SB/TD/LA accounts for how many years?
A
3 years
B
5 years
C
6 years
D
only 1 year
Explanation: 

Detailed explanation-1: -Home Loan customers of Bank of Baroda can procure their home loan statement and interest certificate by visiting the online portal of Bank of Baroda. It can also be obtained offline by visiting the nearest branch of the Bank of Baroda.

Detailed explanation-2: -You can download the interest certificate for savings account using the Net banking facility. Step 1: Once you have logged into your account, click on ‘Request’ on the left-hand side. Step 2: Under the options given below, select ‘Download interest certificate’ option.

Detailed explanation-3: -An interest certificate is an annual summary of interest which is credited into your account or debited from it. This is important for you at the time of filing of your income tax returns. It is generated at the end of the financial year. You can use it to help complete your tax return filing.

Detailed explanation-4: -Just log on to Personal Banking section of the Internet Banking site with your credentials and select the “Home Loan Int.Cert (Prov)” link under “Enquiries” tab. Then select the account for which you require a Home Loan Interest Certificate. The certificate can be viewed online, printed or downloaded in pdf.

There is 1 question to complete.