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Savings Account: If you deposit more cash than this limit in your bank account, you will receive an income tax notice..up to 1 lakh rupees can be deposited in a savings account in a day (IT rules for cash deposit). This limit is up to 10 lakhs for a year. If a customer deposits more than 1 lakh rupees in a savings ...
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Newspoint on MSNCash Deposit Rules: How much cash can be kept in your bank account, what does RBI rule say?Everyone has a savings account in the bank. Because without an account you will not be able to do any kind of online ...
Cash deposits into savings accounts are common in India, especially among small businesses, professionals, and individuals dealing in cash-heavy transactions. However, large or frequent deposits ...
Deposits rose 5.9% to 27.15 trillion rupees ($318.5 billion), the Mumbai-based bank said, higher than the 2.5% rise in the October-December quarter. Its low-cost current and savings account deposits ...
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