Bank transactions
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 March 2014
sir
i am a medical professional .i am doing my profession in individually name .i have two savings accounts and one current ac in individual name.please clarify
1. can i transfer some sum from current account to savings account or savings ac to current ac to earn interest from savings ac for surplus money.
2.for personal investment purpose like share tradings,fds ppf etc can i deposit cash directly to my savings ac.?
3.is it necessary to deposit cash first in current ac instead of saving ac ?
i am a medical professional .i am doing my profession in individually name .i have two savings accounts and one current ac in individual name.please clarify
1. can i transfer some sum from current account to savings account or savings ac to current ac to earn interest from savings ac for surplus money.
2.for personal investment purpose like share tradings,fds ppf etc can i deposit cash directly to my savings ac.?
3.is it necessary to deposit cash first in current ac instead of saving ac ?
10 March 2014
Your answers are as follows.
1. Yes you can transfer.
2. Yes you can deposit cash. No issue
3. Not it is not necessary. You can directly deposit in the savings account...
1. Yes you can transfer.
2. Yes you can deposit cash. No issue
3. Not it is not necessary. You can directly deposit in the savings account...
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