Certain bank accounts come with a maximum deposit limit. Each institution has its own rules on this. For example, some banks might have different limitations based on if the deposit was done by ...
Savings accounts have no deposit limit, but large deposits are subject to income tax rules. PAN card is mandatory for deposits exceeding Rs 50,000. The Income Tax Department is notified of ...
Allowing payments banks to offer small-ticket loans and enabling them to accept deposits of more than ₹2 lakh could help the payments bank model become more commercially viable, Fino Payments ...