BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the fund transfer limit for doing Mobile/ DTH recharge per month in bob World?
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250000
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500000
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1000000
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100000
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Explanation:
Detailed explanation-1: -Transaction Limit: Rs. 30 Lakhs per transaction and Rs. 75 lakhs per day.
Detailed explanation-2: -The IMPS limit depends on the respective bank’s policy and can range anywhere between ₹10, 000 and ₹2 lakh.
Detailed explanation-3: -IMPS service is used to transfer funds within INDIA with denominations of INR only. As per NPCI circular, the maximum amount that can transferred is Rs 2 Lakhs per transaction.
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