BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the revised Fund transfer Limit in bob World Internet for Retail Customer on shopping mall/third party per transaction?
A
5 lakhs
B
7 lakhs
C
10 lakhs
D
20 lakhs
Explanation: 

Detailed explanation-1: -Transaction Limit: Rs. 30 Lakhs per transaction and Rs. 75 lakhs per day. Customer can apply for Debit Card and manage other card activities like: Set daily debit card limit for ATM transactions. Set daily debit card limits for PoS and Ecommerce transactions.

Detailed explanation-2: -6) You can transfer a maximum on Rs. 1, 00, 000 in a day on Mobile Banking & Rs. 50, 000 on Net Banking without adding beneficiary.

Detailed explanation-3: -There is no upper limit set by the RBI for RTGS transactions. For example, the maximum transfer amount is Rs. 20 lakhs per day at IDFC First Bank and a maximum of Rs.

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