Question

    How many times one can withdraw money free of charge in

    Basic Savings Bank Deposit Account (BSBDA)?
    A 3 Correct Answer Incorrect Answer
    B 2 Correct Answer Incorrect Answer
    C 1 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer
    E 6 Correct Answer Incorrect Answer

    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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