Question
How many times one can withdraw money free of charge in
Basic Savings Bank Deposit Account (BSBDA)?Solution
In BSBDA, banks are required to provide free of charge minimum 4 withdrawals, through ATMs and other mode including RTGS/NEFT/Clearing/Branch cash withdrawal/transfer/internet debits/standing instructions/EMI etc It is left to the banks to either offer free or charge for additional withdrawal/s.
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