BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
State Bank of India has changed the daily withdrawal limit on its classic debit card from Rs. 40, 000 to____
A
Rs 60, 000
B
Rs 50, 000
C
Rs 30, 000
D
Rs 20, 000
Explanation: 

Detailed explanation-1: -That means SBI customers using the bank’s classic debit card will now be able to take out a maximum of ₹ 20, 000 from ATM in a day, instead of the existing limit of ₹ 40, 000 per day.

Detailed explanation-2: -The State Bank Classic Debit Card carries an annual fee of Rs 100. The cash withdrawal limit on this card is capped at Rs 40, 000 per day. Replacement SBI debit cards are available at a charge of Rs. 200.

Detailed explanation-3: -Features. Withdrawal limits are Rs. 25, 000/-at the ATM and Rs. 50, 000/-at POS.

Detailed explanation-4: -40, 000 (limit on Classic Debit Card. Higher value cards permit daily withdrawal limits of up to Rs. 1 lakh per day).

There is 1 question to complete.