Discussion
Amount in a PPI should not exceed _____ at any point of time if the customer provides full KYC
Answer: A
Correct answer: Rs. 1 lakh
A PPI whose holder has completed full KYC may hold up to ₹1,00,000 at any time, with no monthly ceiling on loading. The higher limit is the reward for full verification; a minimum-detail PPI is held to a far smaller balance.
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