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Banking Queries

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(Querist)
20 November 2008 Plz. answer the followings:-
1)Is there any limit on deposit in a S.B. A/C ?
2)Is there any limit on deposit in a CURRENT A/C ?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
20 November 2008 Minimum is prescribed but no maximum.
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Ravikumar.G

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Ravikumar.G (Expert)
20 November 2008 It depends upon the bank; Min SB 250 to 500 & 1000 Rs. Current account - Min 1,000 & 5,000Rs.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
20 November 2008 There is no upper limit for the deposit in the said acounts.
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CA.ViVeK M ACA

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CA.ViVeK M ACA (Expert)
20 November 2008 You can deposit any amount in the SB account and saving bank accounts
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