Question

    Which bank has introduced a scheme that lets customers

    choose any name as their savings account number with the bank? 
    A IndusInd Bank Correct Answer Incorrect Answer
    B Bank of Maharashtra Correct Answer Incorrect Answer
    C Indian Overseas Bank Correct Answer Incorrect Answer
    D Canara Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Indian Overseas Bank (IOB) has introduced a scheme that lets customers choose any name as their savings account number with the bank. The scheme called ‘My Account My Name’ will be available at all 49 regional offices of the IOB in India. As per the scheme, the account name can be a combination of seven letters, or seven numbers, or seven alphanumeric only like AJIT007, PRADHAN, or 2424707 etc. Customers will not be required to remember their 15 digits account numbers. To begin with, the scheme is available for IOB SB HNI and IOB SB SALARY account customers.

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