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What is the maximum amount of cash you can deposit in Savings bank account without PAN card?
Wiki User
∙ 10y ago
Technically speaking - it is 49,999 rupees. As per the mandate by RBI, you are required to produce your PAN card if you are depositing more than Rs. 50,000 into your bank account. However, just because you need not submit PAN Card does not mean your transaction will go unnoticed. Any unusual transaction and large volume transaction will be monitored by the bank and will be reported to the RBI and Tax departments if the bank feels suspicious.
Wiki User
∙ 10y ago
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What are the advantages of having a Money Market deposit account?
Money Market accounts will typically pay higher interest than a traditional savings account. In comparison to CDs, a Money Market account generally does not tie up your deposit for a set period and withdrawals can be made without penalty.
What is the minimum balance in sbh account?
Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !
What do I need to open an account for my daughter who is 14years okd?
Minors aged ten years and above can open savings deposit account with banks without represented by father or mother For this purpose, you have to produce one address proof and identity proof
How do you withdraw from a fixed deposit account?
You cannot withdraw from a fixed deposit account without cancelling the note, which will likely incur a cancellation fee...
Can you deposit money in your boyfriends bank account if he is not present?
Yes, if you know his bank account number. Deposit has no problem but withdrawal is not possible without authentic signature of the account holder.
What type of bank account can you make six withdrawals per month without being penalized?
You're probably talking about a money market deposit account (MMDA) or a passbook/statement savings account.
What are the advantages of having a Money Market deposit account?
Money Market accounts will typically pay higher interest than a traditional savings account. In comparison to CDs, a Money Market account generally does not tie up your deposit for a set period and withdrawals can be made without penalty.
How much money can you deposit in a savings account at any one time without them having to report it to the IRS?
10,000$, Then it must be reported to the IRS, and only if in cash.
can you get a cash advance without a checking account I only have a savings with direct deposit?
Yes, you can. You can get an advance against your paycheck. This is a question best asked of a cash advance store. Call them.
Can you make a checking account without a deposit?
On opening an account backs will normally ask for a small deposit to start the process.
What is the minimum balance in sbh account?
Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !
Can you deposit your husband check into your account without his signature?
Call you banks customers service and see. My bank allows my wife to deposit my payroll checks without my signature into our account.
What do I need to open an account for my daughter who is 14years okd?
Minors aged ten years and above can open savings deposit account with banks without represented by father or mother For this purpose, you have to produce one address proof and identity proof
How do you withdraw from a fixed deposit account?
You cannot withdraw from a fixed deposit account without cancelling the note, which will likely incur a cancellation fee...
Can you deposit to your checking account without going to home branch?
no,
In accounting what is balancing the accounts?
Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !
Can you deposit money in your boyfriends bank account if he is not present?
Yes, if you know his bank account number. Deposit has no problem but withdrawal is not possible without authentic signature of the account holder.
