CURRENT AFFAIRS

2020

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which bank has launched ‘LAKSHMI digiGO’, a contactless digital initiative that will enable customers to open a savings account instantly?

A	Lakshmi Vilas Bank
B	SBI
C	Dena Bank
D	Union Bank

Explanation:

Detailed explanation-1: -Lakshmi Vilas Bank (LVB) has launched Lakshmi DigiGo, a digital initiative to enable the opening of savings account instantly.

Detailed explanation-2: -Kumbakonam-based City Union Bank on Thursday launched India’s first banking robot called Lakshmi.

Detailed explanation-3: -5.00% p.a. 5.00% p.a. Note: The above-mentioned interest rates are effective from 26th September, 2022. How to Open a Savings Account in Lakshmi Vilas Bank?

Detailed explanation-4: -You can visit one of the Lakshmi Vilas Bank branches to complete account opening formalities and submit necessary documents. The documents need to be self-attested and submitted along with a recent passport-sized photographs.

Detailed explanation-5: -Lakshmi Savings Balance Free With this account, a customer can have their salary directly credited to their account. This is a Zero Balance account, which means that you needn’t maintain a minimum balance. Enjoy unlimited cash withdrawals with this account at your base branch where your account is opened.

There is 1 question to complete.