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Cash deposit News

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The Reserve Bank of India (RBI) has clear guidelines on per day and per year savings account cash deposit. Though there is no limit to how much money you can keep in your savings account, you need to know the official requirements.  
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To safeguard consumer's interests, the RBI has launched Deposit Insurance and Credit Guarantee Corporation (DICGC). 
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Cash Deposit Limit In Savings Account: What is the per day, and yearly limit? Details explained.
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From Cash Deposit, FD to Credit Card Payments and more, know how much money can you deposit in a year.
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Over 36 lakh bank accounts have seen cash deposits of Rs 10 lakh or more in a financial year, Parliament was informed on Tuesday.
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Quoting of PAN for cash deposits aggregating to Rs 2.5 lakh or more in bank accounts after the withdrawal of old 500 and 1000 rupees notes is mandatory, the tax department said Thursday.
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The Reserve Bank has allowed banks to install cash deposit machines at their selected locations without getting its prior permission.






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