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    Question

    What is the maximum aggregate withdrawal/transfer limit

    per month for a Small Account where full KYC has not been completed?
    A тВ╣5,000 Correct Answer Incorrect Answer
    B тВ╣10,000 Correct Answer Incorrect Answer
    C тВ╣15,000 Correct Answer Incorrect Answer
    D тВ╣20,000 Correct Answer Incorrect Answer
    E тВ╣50,000 Correct Answer Incorrect Answer

    Solution

    тАв Small Accounts can be opened with simplified documentation, but they come with restrictions: o Monthly withdrawal/transfer limit: тВ╣10,000 o Yearly credit cap: тВ╣1,00,000 o Maximum balance at any time: тВ╣50,000 тАв These restrictions stay until full KYC is completed. тАв If not converted into a full-KYC account within 12 months, the account may face restrictions. ┬аThus, the maximum monthly withdrawal is тВ╣10,000.

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