BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one of the following is mandatory for linking of account in BHIM Baroda Pay?
A
Credit card
B
Debit card
C
Landline number
D
Account number
Explanation: 

Detailed explanation-1: -Any person who has a smartphone and a bank account can use BHIM to make transactions. However, you will need to have your mobile number registered with the bank and a debit card linked to that account.

Detailed explanation-2: -However, you can download / install the BHIM Baroda Pay UPI app then select BANK NAME as Bank of Baroda and add the accounts linked to the desired Customer ID which is linked to the Registered Mobile Number and set UPI PIN.

Detailed explanation-3: -Users on Android with internet can install BHIM via Play Store (https://play.google.com/store/apps/details?id=in.org.npci.upiapp). BHIM requires permission to your Phone Calls & SMS to verify your phone number. Users without access to internet/data services, can experience BHIM by dialling *99# on their phones.

Detailed explanation-4: -In case you want to link another bank account, you can go to Main menu, choose Bank Accounts and select your default account. Any money that is transferred to you using your mobile number or payment address will be credited into your default account.

There is 1 question to complete.