📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    What is the maximum term loan sanction permitted for

    Aadhaar OTP-based e-KYC accounts?
    A ₹20,000 Correct Answer Incorrect Answer
    B ₹30,000 Correct Answer Incorrect Answer
    C ₹50,000 Correct Answer Incorrect Answer
    D ₹60,000 Correct Answer Incorrect Answer
    E ₹1,00,000 Correct Answer Incorrect Answer

    Solution

    Borrowal accounts opened using Aadhaar OTP-based e-KYC are limited to term loans of ₹60,000 per year as a risk control measure.  

    Practice Next
    More Banking Operations Questions

    Relevant for Exams:

    ask-question