Basic Savings bank Deposit Account (BSBDA) is a Zero Balance Savings Account that takes care of your simple banking needs with free ATM card, monthly statement, and chequebook. What are the withdrawal and transfer limits under BSBDA?
A
Rs 1,00,000 per month
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B
Rs 20,000 per month
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C
Rs 50,000 per month
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D
Rs 10,000 per month
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E
No limit
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Solution
The correct option is D Rs 10,000 per month The withdrawal and transfer limits are Rs 10,000 per month for the BSBDA account.