BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the minimum amount of fund transfer transaction can be done in bob World?
A
Rs.10
B
Rs.15
C
Rs.5
D
Rs.100
Explanation: 

Detailed explanation-1: -Transaction Limit: Rs. 30 Lakhs per transaction and Rs. 75 lakhs per day.

Detailed explanation-2: -As per NPCI circular, the maximum amount that can transferred is Rs 2 Lakhs per transaction.

Detailed explanation-3: -Open the bob World mobile banking app and go to the Menu. Under the Menu, click on ‘Fund Transfer’ option and select ‘other banks’. Click on ‘Beneficiary Registration’ button and select ‘Online Fund transfer (IMPS)’.

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