BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following person /accounts are eligible to avail Baroda Connect?
A
Inoperative accounts
B
Illiterate Accounts
C
HUF accounts with mode of operation as Karta of HUF
D
Dormant accounts
Explanation: 

Detailed explanation-1: -“Baroda Connect” can be accessed from any computer (including one from cyber café) having internet facility.

Detailed explanation-2: -Then customer would be required to re-register for the facility as per the procedure laid down for the same. to the customer. vi) Accounts where mode of operation is “joint” as also accounts in the name of minor below the age of 15 years or where minor is a joint account holder are not eligible for Baroda M-Connect.

Detailed explanation-3: -OD accounts are not eligible to open deposits, invest in PPF or SSY accounts. Only Savings and current accounts are eligible.

Detailed explanation-4: -Baroda Connect’ is an umbrella of various services offered electronically to Retail and Corporate Customers. It is a web-based delivery channel having view-based and transaction-based banking services both at the desktop of the customers. It is highly secured and available round the clock to the customers.

There is 1 question to complete.