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October Current Affairs 2020
Monthly Current Affairs
Banking E-Lobby
By AC Team 1 - August 29, 2020
E-Lobby is a facility which is now provided by banks so that their customers can do their
banking transactions as per their convenience 24×7 i.e. without any time restriction. E-Lobby
provides the facility on bank holidays also.
Today people have strict time schedule, whether a businessman or an employee. It is not
possible for many to stand in long queues in banks to get their work done. So the concept of
E-Lobby gives a long relief to these people.
Like the ATM machine works, same way the display messages on the screen guide the
users for turning the pages until completion of the process.
For printing passbooks, passbooks containing barcode of the Bank are to be inserted in the
machine for updation.
Different bank e-lobbies provide different facilities, like how much cash can be deposited
per day, which denominations of notes can be deposited, etc. Month-Wise Current Affairs 2020
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