QUESTIONS ANSWERS

1) What is the maturity period of Kisan Vikas Patra? 115 M

2) The Global Exposure Ceiling to industrial sectors (Domestic + Overseas) has been enhanced from
Rs 5,35,000 crores to _______ for the FY 2025-26. 6 lakh crore

3) What is the TAT for raising chargeback on P2M UPI disputed transactions w.e.f 15.07.2025? 90

4) What is the timeline for Branches to submit the minutes of monthly customer meetings in PSR
54 enabled in SAS package failing which it will be treated as Non Compliance ? 5
6) What is the full form of APR in context of Digital Lending Platform? ANNUAL PERCENTAGE RATE
5) What is the finance charge applicable on cash withdrawal using unsecured credit card per
2.5
month?
7) Processing charges are waived upto Rs ___ lakhs for SHG/JLG loans 5
8) What is the concession provided on applicable service charges for Forex Transactions initiated
10
through FX4U?
9) Non-issue of coins over the counter to any member of public despite having stock attracts a
10000
penalty of
10) The commission charges payable to Business Correspondent agent for each successfully
Rs 10 + GST
generated TDS/Interest Certificate is

11) The credit balances in closed accounts shall be refunded to the customers within __________ T+3
days from the date of loan outstanding is having credit balance.
12) What is the period of Preservation for the records related to disputes or litigations in the court
20
of Law ?
13) As per RBI guidelines, the repatriation process of unclaimed deposits should be completed
3
within how many days from the receipt of the complete application?
14) RERA (Real Estate Regulatory Authority) registration is mandatory for projects exceeding
__________ or with___________ , including both new and ongoing projects that haven't received 500, 8 UNITS
a completion certificate

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15) Any request for closure of a credit card should be honored within __________working
days,subject to payment of all dues by the cardholder.
16) The Service charges to be collected from customers for transactions declined in ATMs due to
17 + GST
insufficient funds in their account ?
17) What is the concession in processing charges on retail loans to Canara Premium Payroll
nil
customers - Diamond Variant?

18) What are the financial API SERVICES provided to Corporate Customers for corporate Business ALL
[Link] out Services b . Collection Service c. Reconciliation Services d. Batch Upload service
19) The revised service charges for issuance of withdrawal slips for those account holders who
04 + GST
hold cheque book with them ?
20) Which is the in-house portal developed by the bank for dissemination and follow up of
compliance to regulatory guidelines?
78000
21) What is the maximum subsidy under CRTS-PM Surya Ghar Muft Bijli Yojana ?
otp
22) The additional factor recently introduced for Cash NEFT Transactions for walk in customers
What is the mimimum loan quantum that can be availed under Insta MF incase of Equity/Hybrid
50% NAV , 25000
Mutual Fund ?
case of Equity/Hybrid Mutual Fund-50% of NAV with minimum of Rs.25000/- and maximum of
Rs.10,00,000/- In case of Debt Mutual Fund, 75% of the NAV with minimum of Rs.25000/- and maximum of
Rs. 1 Crore.
7.1
What is the interest rate for the Public Provident Fund (PPF) scheme for Q2 of FY 2025–26?
What is the OTP validity period for authentication of Cash NEFT transactions through FP 2057
60 SECONDS
system
Prosper Leads marked as "Contacted Prospective" by the Branch gets auto escalated to NHA on
30
___________ if not converted to Business
EASE stands for Enhanced Access & Service Excellence.
The milestone Award for Employees on Completion of 40 Years of Unblemished Service with
25000
effect from 01.04.2025 is _____
Which among the following customer type is ineligible for onboarding and transacting through UPI
PARTNERSHIP
channel?

Internal
 NIL
What is the commission payable to BC agent for the PMJDY overdraft facility lead generation ?
Obtention of CA certificate is mandatory incases where the amount of tax (CGST+SGST+IGST)
involved in reversal transaction by Branches/Offices to a customer through tax credit notes in a 5 LAKHS
Financial Year exceeds _
non interest earning inoperative
What is NIEI account account
What is the expected TAT to convert a positive contacted lead in PROSPER? 30
The per day aggregate withdrawal limit under Canara aspire minor savings account shall not
5000
exceed _______________
What shall be the minimum CIC Score under Canara Insta MF Loan ? 700 & above

What is the name of the campaign launched from from 24.07.2025 to 30.09.2025 to activate REVIVE
Inoperative/Dormant accounts by our Bank ?
What is the revised new limit per transaction under UPI Lite ? 1000
What is the maximum amount per transaction for Foreign Inward Remittance (FIR) or Foreign
Outward Remittance (FOR) permitted by NPCI for IndiaSingapore cross border remittance system SGD 1000
using UPI-PayNow linkage

25000
No loan related and adhoc service charges/inspection charges should be levied on PSL up to
A microfinance loan is defined as a collateral-free loan given to a household having annual
3 LAKHS
household income up to _____________ .

Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) is introduced to provide guarantee upto 100 CR
coverage for term loan assistance of upto ___________ to eligible MSMEs
What is the total ceiling fixed for Intra-Group Transactions and Exposures for FY 2025–26? 12000 CR
As per RBI guidelines, all Banks ATMs should dispense Rs.100 and Rs.200 denomination
banknotes on a regular basis. By March 31 2026, _____ Percent of all ATMs shall dispense either 90% by march 2031
Rs.100 or Rs.200 denomination banknotes from atleast one cassette.
Education loans to individuals , including vocational courses not exceeding _________ will be
25 lakhs
considered as eligible for Priority Sector classification

Internal
As per RBI guidelines, the counterfeit notes received back from the police authorities/courts shall sent to the concerned Issue
be preserved for three years from the date of receipt and after the preservation period the notes Office of the Reserve Bank of
shall be India,
Which technology is used for activating PM VIDYALAXMI app aadhar based authentication
What is the TAT for raising fradulent chargeback on disputed IMPS transaction by the remitter
45 days
bank ?
The default validity period for Corporate and Retail Internet Banking login and transaction password is 180
days.  In line with Internet Banking password validity period, the same validity period has been introduced
for Corporate Mobile Banking Application (Corporate ai1). The validity period for Corporate ai1 login and
transaction passcode(MPIN/TPIN) is 180 days.  The password validity period for SCBs/UCBs where Internet
Banking facility provided is 30 days.
To mitigate this risk and prevent unauthorized reactivation of inactive User IDs in Internet Banking,
the Internet Banking channel access for users who remain inactive for a period 12 months
of________________will be removed.
The revised TAT for acceptance / rejection by the Beneficiary Bank on the chargeback raised for
3 days
disputed IMPS transaction prescribed by NPCI is
The revised periodicity of Stock / Book debt statement under Canara GST w.e.f 01.10.2025 is quarterly
Safe Keeping of Mortgage Papers (HO Cir 826/2024 dtd 03.12.2024):
To be collected after 30 days of the closure of loan, on account of failure on part
of Borrower/Mortgagor/Asset Owner in collection of movable/immovable property
documents within 30 days of loan closure.
Applicable charges: Rs.500 per month.

Under Canara Aspire Minor Savings account the total aggregate debit transactions shall not 10000
exceed __________ including fund transfers and withdrawal through debit card
What is the timeframe adopted by our Bank for resolution of Complaints forwarded by RBI (CMS
21
Portal )?
Any request for closure of a credit card should be honored within __________working
7
days,subject to payment of all dues by the cardholder.

The revised TAT for acceptance / rejection by the Beneficiary Bank on the chargeback raised for 3 days
disputed IMPS transaction prescribed by NPCI is __________

90 days
- What is the TAT for raising chargeback on P2M UPI disputed transactions w.e.f 15.07.2025?

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