minimum ..... leaves per cheque book is to be provided to all savings accounts customers

BANKING GENERAL KNOWLEDGE

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

minimum ____ leaves per cheque book is to be provided to all savings accounts customers

A	200
B	75
C	100
D	10

Explanation:

Detailed explanation-1: -Dear Customer, We hereby inform you that w.e.f. Jun 1, 2011, standard Current Account customers placing a request for a cheque book will receive only 25 cheque leaves per cheque book.

Detailed explanation-2: -Did you know? First, ten cheque leaves will be free of cost for cheque book services in a financial year. After that, ten leaf cheque books will levy ₹40 plus GST; 25 leaf cheque books at ₹75 plus GST and emergency cheque books will attract a charge of ₹50 plus GST for ten leaves or part thereof.

Detailed explanation-3: -Most banks in India have set a limit of INR 1 lakh on Cash withdrawal limit from bank per day by cheque. This limit typically applies to self-use or self-addressed cheques.

Detailed explanation-4: -The lender provides First 10 cheque leaves free in a financial year. Thereafter, it charges Rs 40 plus GST for 10 Leaf Cheque Book.

There is 1 question to complete.