BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Online Nomination facility
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Online Account Transfer Facility
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Online Purchase of SGB
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Card less Withdrawal Facility
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Detailed explanation-1: -Withdraw Cash Without Card: Instead of swapping the debit card in the ATM, a UPI-enabled ATM allows cardless ATM withdrawal with a QR code scanned by the smartphone UPI app.
Detailed explanation-2: -To use NFC at a cardless ATM, open the app on your mobile device, choose the linked bank account you want to withdraw from and tap your phone against the designated reader. To complete the transaction, the ATM will prompt you to type in your PIN (just as if you had inserted your card).
Detailed explanation-3: -Apart from the Loans, Deposits and Cards, Bank of Baroda offers other services that add value to our banking system, such as capital market services, collection services, ECS, etc. Browse through all the other services that we offer to our customers.
Detailed explanation-4: -However, non-cash withdrawal transactions (such as balance enquiry, cheque book request, payment of taxes, funds transfer, etc.), on own bank ATMs are not to be part of the number of free ATM transactions.