What are the restrictions for activation of a beneficiary added by a user?

You can add and approve only one beneficiary in a calendar day, which will be activated by the internet banking system within 4 hours, if approved by you during the period from 6.00 AM to 8.00 PM (IST). Beneficiary approved after 8.00 PM will be activated on the next day after 8.00 AM (IST). You can commence funds transfer to the new beneficiary only after its activation. During the first 4 days after activation, you can transfer a total sum of Rs. 1,00,000/- to a new beneficiary if activated by the system.



Related Posts Plugin for WordPress, Blogger...

Disqus for UPSC Exams

Please Share your View, Query in comment sections given below every post. Make this platform a new interactive Discussion forum.

We just want your love. post comments and visit daily for latest information .


My IBPS PO 2015 Mains Result is?