BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Punjab National Bank
|
|
|
ICICI Bank
|
|
|
State Bank of India
|
|
|
HDFC Bank
|
Detailed explanation-1: -The ICICI Bank has launched instant overdraft InstaOD facility for Micro, Small and Medium Enterprises (MSME) in a completely online and paperless manner. Customers can get overdraft facility up to Rs 15 lakh for a year anytime, anywhere using the banks Internet and mobile banking app.
Detailed explanation-2: -MSMEs, who are customers of other banks, can avail of services from ICICI Bank’s digital ecosystem by logging in as a ‘Guest’ in the new version of InstaBIZ. ‘InstaOD Plus’ enables customers of any bank to avail of an overdraft instantly through a few clicks either on the new version of InstaBIZ or CIB.
Detailed explanation-3: -Overdraft facility serves day to day needs as well as sudden exigenices, for business. Now any bank customer can avail intsant overdraft up to Rs. 25 lakh & open Current Account with video KYC for instant disbursement. Facilities offered upto INR 50 Lakhs for existing ICICI Bank customers.
Detailed explanation-4: -ICICI Bank has launched an overdraft facility, Insta FlexiCash, for its salaried account customers.