What type of account did NuCash open for me?
We open a zero-balance account with our banking partner Suryoday small finance bank for you.
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Do I need to maintain any minimum balance in my NuCash account?
We have got you covered as we have opened a zero-balance account with Suryoday small finance bank. So, no minimum balance needed.
What are the transaction limit on my NuCash account?
Since you have a Zero balance account/min KYC account A minimum KYC user's account balance cannot exceed one lakh rupees. Minimum KYC accounts can only receive a total of Rs. 2 lakh each year. These limits can be removed once you upgrade your account ...
Where can I get information about my NuCash account?
You can check your saving account details from “basic account details” under main menu from the top right corner or just click on the “Account Info” from the dashboard.
What is a min KYC account?
A Min KYC account is opened after electronically validating a customer's credentials, according to Reserve Bank of India requirements (e-KYC). Most e-KYC methods rely on a One-Time-Password (OTP). Certain regulatory limitations apply to Min accounts: ...
Why was my account closed or blocked?
Accounts may be closed or blocked for the following reasons: residing in restricted states, KYC information mismatches, or if the account holder is not a student.