BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the maximum amount of balance can be maintained an individual in payments bank?
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1, 50, 000
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1, 00, 000
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50, 000
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25, 000
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Explanation:
Detailed explanation-1: -Q. What is the maximum amount of balance can be maintained an individual in payments bank? Notes: The Reserve Bank of India (RBI) has doubled the maximum limit of funds account holders of payments bank can keep in their bank account to ₹2 lakh.
Detailed explanation-2: -Fino Payments Bank Goes Live With Deposit Limit of Rs 2 Lakh.
Detailed explanation-3: -Additionally, payments banks offer zero balance or no minimum balance accounts without any additional fee and thereby differ from commercial banks which charge fees if the customer does not maintain a minimum balance in their account.
There is 1 question to complete.