Question

What is the maximum limit of Aadhaar-enabled cash withdrawal transactions, per customer, per terminal per day, as per NPCI?

• A. Two
• B. Three
• C. Five
• D. Seven

Answer 1

Answer:

C. Five

National Payments Corporation of India has introduced limits for cash withdrawals and mini statements. It states that the maximum limit of five Aadhaar enabled cash withdrawal transactions, per customer, per terminal per day. The issuers will also implement a limit of a minimum of five mini statement transactions per customer per month. This has to be implemented by January 15, 2022.