Transaction limit in a financial year


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There are no set maximum transaction limits for an SBI savings account within a financial year. However, your account must be fully KYC compliant and have your PAN updated. Be aware that cash deposits exceeding an aggregate of £10 lakhs will be reported by the bank under the Specific Financial Transaction (SFT) reporting.

08 January 2021 What is the maximum transaction limit in a financial year in an SBI savings account?

09 January 2021 No maximum limits are stipulated for transaction in bank account. however, account should be fully kyc compliant and PAN be updated

01 December 2021 Cash deposited more than 10 lakhs in aggregate is reported by Bank under SFT.


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