Menu
Repayment of personal loan
Hello,,, I have a PL of 2.4 lac and now I am ready to repay and wanted to close the loan a/c. Can I directly deposit the loan amount in my salary account? (the loan amount was withdrawn from my salary a/c). Please advise in this regard.
Replies (3)
How much is your salary ?
What do u mean by depositing amount ?
Are u depositing old notes ?
Or salary credited to your account ?
What do u mean by depositing amount ?
Are u depositing old notes ?
Or salary credited to your account ?
Hello Ankita,
My annual salary is 3.4lacs, and I took PL last yr.2015. My salary is creding directly into my bank a/c. Now I am going to foreclosing the loan. As per the bank personnel, I need to deposit the whole loan amount in my salary acount and then issue a cheque to close the loan a/c. The source of money is from my salary savings (in the form of chits). Now I got my personal savings amount in the denomination of 100 and 2000s.
Thank You.
Yes you can deposit.
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
