BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the maximum online FD limit in bob World?
A
500000
B
10000000
C
20000000
D
No limit
Explanation: 

Detailed explanation-1: -The minimum deposit is Rs. 1000 and there is no limit to the maximum deposit.

Detailed explanation-2: -40, 000 per financial year. The limit is Rs. 50, 000 for senior citizens. Upon crossing the limit, tax will be deducted at source by the bank at 10%.

Detailed explanation-3: -There is no limit to the number of fixed deposit accounts you can have, and the minimum amount of deposit varies from one bank to the other.

Detailed explanation-4: -The maximum non-callable FD has no limit. For NRE, deposits should be below Rs. 2 crores only. What if I withdraw a Non-Callable FD before maturity?

Detailed explanation-5: -FAQs on How to Open BOB FD Online Yes, you can open a fixed deposit with Bank of Baroda online.

There is 1 question to complete.