New FAQ Page 2 - આરબીઆઈ - Reserve Bank of India
Content Type:
પ્રીપેઈડ પેમેન્ટ ઈન્સ્ટ્રુમેન્ટસ (પીપીઆઈ)
Ans : The advantages of ECS Debit to customers are many and include,
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ECS Debit mandates will take care of automatic debit to customer accounts on the due dates without customers having to visit bank branches / collection centres of utility service providers etc.
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Customers need not keep track of due date for payments.
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The debits to customer accounts would be monitored by the ECS Users, and the customers alerted accordingly.
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Cost effective.
1 Section 3 - Dealing in foreign exchange, etc.- Save as otherwise provided in this Act, rules or regulations made thereunder, or with the general or special permission of the Reserve Bank, no person shall- (a) deal in or transfer any foreign exchange or foreign security to any person not being an authorized person.
Ans: If the NEFT transaction is not credited or returned within two hours after batch settlement, then the bank is liable to pay penal interest to the affected customer at the current RBI LAF Repo Rate plus two percent for the period of delay / till the date of credit or refund, as the case may be, is afforded to the customers’ account without waiting for a specific claim to be lodged by the customer in this regard.
રિઝર્વ બેંક ઑફ ઇન્ડિયા મોબાઇલ એપ્લિકેશન ઇન્સ્ટૉલ કરો અને લેટેસ્ટ ન્યૂઝનો ઝડપી ઍક્સેસ મેળવો!
