BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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100000
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No Limit
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200000
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250000
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Detailed explanation-1: -Transaction Limit: Rs. 30 Lakhs per transaction and Rs. 75 lakhs per day.
Detailed explanation-2: -Amount up to Rs. 50, 000 may be paid in cash to a beneficiary in India. Any remittance exceeding Rs. 50, 000 shall be paid entirely by means of account payee cheque, demand draft, payment order, etc., or credited directly to the beneficiary’s bank account only.
Detailed explanation-3: -Fund transfer to RTGS beneficiary can be done after 24 hours from beneficiary activation time. 6) You can transfer a maximum on Rs. 1, 00, 000 in a day on Mobile Banking & Rs. 50, 000 on Net Banking without adding beneficiary.
Detailed explanation-4: -For IMPS, the transaction limit set by the Bank of Baroda is Rs. 50, 000 per day and Rs. 2.5 lakhs per month.