Which bank is not accepted during bank verification? a. Canara Bank b. HDFC Bank ICICI Bank d. Punjab National Bank c.
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A canara bank
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Answer:
The correct answer is Option A
Explanation:
- The Reserve Bank of India assigns an 11-digit alpha-numeric identifier called the Indian Financial System Code (or IFSC) to each bank branch that participates in the payment system. Electronic payment system programmes such as RTGS and NEFT utilise this code. It is required for funds to be transferred from one bank account to another. Every bank branch will have its own code, and no two branches (even within the same bank) will ever be the same. The first four letters of Canara Bank's 11-digit IFSC code will be 'CNRB,' while the following six digits will reflect a distinct branch code.
Reference Link
- https://brainly.in/question/8911797
- https://brainly.in/question/12051933
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