CURRENT AFFAIRS

Detailed explanation-1: -As per the guidelines of the banking regulator-the Reserve Bank of India (RBI), banks will have to give those citizens who are 70 years or above, banking facility at the doorstep.

Detailed explanation-2: -Eligibility. Senior Citizens of more than 70 years of age and differently abled or infirm Persons (Having medically certified chronic illness or disability) including those who are visually impaired. Fully KYC compliant account holders. Valid Mobile Number should be registered with the account.

Detailed explanation-3: -Doorstep Banking Service Charges Senior citizen account holders who are 70 years of age and above enjoy Doorstep Banking Services free of cost. Customers below 70 years age pay the following charges: Cash Pick-Up: ₹ 200 per call, plus taxes. Cash Delivery: ₹ 200 per call, plus taxes.

Detailed explanation-4: -2.1 Policy Definition: The policy of Doorstep Banking Service is aimed at providing certain basic banking services to senior citizens of more than 70 years of age and differently abled or infirm persons at the doorstep of such customers in an effective and transparent manner.

Detailed explanation-5: –Requests for Doorstep Banking Services should be made only at the Home Branch.