BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following services are available under *99#?
A
Send Money
B
Request Money
C
Check Balance
D
All of the above
Explanation: 

Detailed explanation-1: -Key services offered under *99# service include, Sending and Receiving interbank account to account funds, balance enquiry, setting / changing UPI PIN besides host of other services.

Detailed explanation-2: -The NUUP service is a USSD based Mobile Banking service from NPCI using which financial and non-financial transactions can be done using mobile phone without mobile internet connection. This service is popularized as *99# by NPCI.

Detailed explanation-3: -The transactions limit for *99# banking is set to ₹ 5000 per transaction by Reserve Bank of India (RBI). If your telecom provider gives you the Free SMS service, you would not be charged for this type of transaction as well.

There is 1 question to complete.