Discussion Forum : Nabard & Other Bank Examinations
Question -
Which of these kinds of deposits can be offered by Banking Correspondents?
Answer: Option D
AS PER THE RBI GUIDELINES THE PRODUCTS PROVIDED BY BCS ARE: SMALL SAVINGS ACCOUNTS, FIXED DEPOSIT AND RECURRING DEPOSIT WITH LOW MINIMUM DEPOSITS, REMITTANCE TO ANY BC CUSTOMER, MICRO CREDIT AND GENERAL INSURANCE.
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AS PER THE RBI GUIDELINES THE PRODUCTS PROVIDED BY BCS ARE: SMALL SAVINGS ACCOUNTS, FIXED DEPOSIT AND RECURRING DEPOSIT WITH LOW MINIMUM DEPOSITS, REMITTANCE TO ANY BC CUSTOMER, MICRO CREDIT AND GENERAL INSURANCE.
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