How much money can be deposited in a day in SBI?

How much money can be deposited in a day in SBI?

The per transaction limit is Rs. 49,900/- for Cardless deposit and through Debit Cards Rs. 2.00 lacs (subject to account has ceded with PAN number). You can also deposit cash in your PPF, RD and Loan accounts.

What is the maximum amount I can deposit in SBI savings account?

Earlier, the upper limit for cash deposit at the non-home branch was Rs. 25,000. SBI has also levied Rs. 50 plus GST per transaction on cash deposits at non-home branches, as listed on their website.

How much money can be deposited maximum in bank in a day?

3] Bank FD (fixed deposit): Cash deposit in bank FD is allowed but it should not go beyond ₹10 lakh. Violation of this ₹10 lakh limit is also not advisable for a bank depositor making cash deposit in one’s bank FD account.

How much can we deposit in SBI bank?

This limit is Rs 50 lakh and more in case of current accounts. However, apart from cash transactions, there are some other transactions also which you need to be aware of.

The per transaction limit is Rs.49,900/- for Cardless deposit and through Debit Cards Rs. 2.00 lacs (subject to account has ceded with PAN number). You can also deposit cash in your PPF, RD and Loan accounts. Upto 200 currency notes can be deposited in a single transaction.

How much money can be deposited in a SBI savings account?

However, cash deposit up to Rs 25,000 per day can be deposited in non-home branch, but beyond this limit there is Rs 5 per thousand charged subject to minimum Rs 150. If you are a third-party person, then upto Rs 25,000 per day cash deposit is allowed. If limit exhausted then, Rs 150 will be levied.

How much money can be deposited in a savings account in a day in India?

1] Savings/Current account: For an individual, the cash deposit limit in savings account is ₹1 lakh.

Can I deposit 2 lakh cash in my account?

Individuals who deposit cash above Rs. 2.5 lakh and senior citizens who deposit cash above Rs. 5 lakh may be scrutinised. Any amount within the specified limit will be excluded from scrutiny considering that the money is from household savings, cash withdrawals, earlier income, and so on.

What is the maximum balance in SBI bank account?

Rs. 10 lakh
Types of SBI Savings Account – Features & Benefits

Particulars Details
Maximum Balance Rs. 10 lakh
Minimum Average Balance (MAB) Not required
Transaction Limit Mobile Banking: Rs. 2,000 per day Internet Banking: Rs. 5,000 per day

What is the cash deposit limit for SBI bank savings account?

The limit for ‘P’ Segment Cash Deposit is Max. Rs.25, 000/- per day and ‘SME’ Segment – Rs 2, 00, 000/- per day. You can deposit up to an amount of Rs. 25,000/- per day into your saving bank account. In the case of MSME unit an amount of Rs. 2 Lakh is permitted to be deposited in respective account per day.

How much money can I deposit for day SBI ATM machine?

A customer can deposit up to Rs. 49,900/- per transaction. You can also deposit money at Cash Deposit Machine Which have been placed at various SBI branch up to Rs 49,900/-. How would you like to control business spend before it happens?

What’s the limit for cash deposit at a bank?

While, deposits at all branches within same city or outside which are other than base branch, involves no charges up to Rs 5,000 per day. If limit exhausted that, Re 1 per thousand subject to minimum Rs 25 per transaction.

How can I deposit cash into my SBI account?

SBI customers can also use the cash deposit machine (CDM), which is an ATM-like machine for depositing cash directly into the account using the ATM cum debit card. This machine can be used to instantly credit the account without visiting the branch.