BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

What is the minimum amount that can be withdrawn in Cash on Mobile facility in bob World?

A	100
B	200
C	500
D	1000

Explanation:

Detailed explanation-1: -Daily cash withdrawal Rs. 1, 50, 000 from ATM. Daily POS/E-commerce transactions Up to Rs 5, 00, 000.

Detailed explanation-2: -M-BoB users can initiate a cardless cash withdrawal transaction to anyone through M-BoB application or its USSD code by dialing *262#. Once the transaction is complete, withdrawer will receive an OTP via SMS with which cash can be withdrawn from any of the bank’s ATM.

Detailed explanation-3: -Discover your #KhushiyonKaRemoteControl and get the freedom from every pause with #BarodaCashOnMobile facility by #BankofBaroda. All you have to do is to select the ‘Cash on Mobile’ option, enter withdrawal amount, generate OTP, enter OTP at an ATM and you can withdraw cash with ease.

Detailed explanation-4: -For up to Rs 1, 000 withdrawal then charges exclusive of GST is 1 per cent. For Rs 1, 001-25, 000 withdrawal then charges exclusive of GST is 1.5 per cent and if above Rs 25, 000 cash is withdrawal then charges exclusive of GST is 5.50 per cent.

There is 1 question to complete.