BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC Bank
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Bank of Baroda
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ICICI Bank
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State Bank of India
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Detailed explanation-1: -To reach out and facilitate maximum number of people looking for convenient cash withdrawal, SBI is also providing facilities of cash through ‘CashPOS’ initiative, ” SBI said in a statement.
Detailed explanation-2: -The Reserve Bank of India (RBI) has asked all banks to provide customers with the option of Interoperable Card-less Cash Withdrawal (ICCW) at their ATMs. “All banks, ATM networks and WLAOs may provide the option of ICCW at their ATMs.
Detailed explanation-3: -You can use an ATM card or a debit card, each of which is connected to a different kind of savings account. Additionally, you can make a withdrawal by visiting a branch and speaking with a bank employee there. Like an ATM, you will often need to have the card linked to the account you want to withdraw money from.
Detailed explanation-4: -Mumbai: ICICI Bank today announced the launch of a ‘Cardless Cash Withdrawal’ facility from its ATMs. This service enables customers to withdraw cash from over 15, 000 ATMs of the bank by simply raising a request on ‘iMobile’, its mobile banking application.
Detailed explanation-5: -Ans. Under the facility of cash withdrawal at PoS terminals, cardholders can withdraw cash using their debit cards and full KYC prepaid cards issued by banks and non-banks in India.