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  • Principles and Practices of Banking - 3 (JAIIB)
  • Minimum monthly average balance requirement in classic pl...
Multiple choice

Minimum monthly average balance requirement in classic plus current accounts is

  1. Rs. 10000

  2. Rs. 25000

  3. Rs. 50000

  4. Rs. 100000

  5. Rs. 500000

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Minimum average balance requirement in classic plus account is Rs. 1 lac. If average balance falls short of Rs. 1 lac, monthly charges will be levied at that.

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