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Can we deposit money in Indian ATM?
Step 1: Insert your debit card into the machine and enter your PIN. Step 2: It will direct you to a new page, here on-screen click on the deposit option. Step 3: Choose the account you want to deposit to; if you have more than one account the check and choose where you want your deposit it.
How much can I deposit in ATM India?
While, deposits at all branches within same city or outside which are other than base branch, involves no charges up to Rs 5,000 per day. If limit exhausted that, Re 1 per thousand subject to minimum Rs 25 per transaction. A maximum limit of Rs 25,000 per day is allowed for deposits of cash at non-base branches.
Can anyone deposit money in my account in India?
Currently, a person can deposit cash in any individual’s bank account without the knowledge or consent of the account holder, provided the depositor knows the bank account number of the recipient.
Can we deposit cash in others bank account?
One can deposit cash in any of the branch of the same Bank if Bank has Core Banking Solution facility. It is not possible to deposit cash in a branch of some other Bank.
What is the minimum balance in Indian bank?
Overview of Indian Bank Savings Bank
| Bank | Indian Bank |
|---|---|
| Initial Deposit Requirements | Nil |
| Minimum Amount | Minimum amount for non-cheque operation is Rs.250/- Minimum balance for cheque operation is Rs.500/- Pensioners and bonafide students may have lesser minimum balance |
| Debit Card Offered | Free ATM cards/Debit cards provided |
How many rupees can I deposit in bank in India?
Cash deposits, while allowed in a fixed deposit (FD), should not exceed ₹10 lakhs. You can make large FD transactions through other traceable means such as cheques or internet banking. Credit card bill payments also have a limit of ₹1 lakh.
What is minimum balance in BOI?
Charges for Non-Maintaining Average Quarterly Balance
| Metro/Urban | |
|---|---|
| Maintenance of minimum Average Quarterly Balance(AQB) | Rs. 1000/- |
| Minimum Balance Charge | Rs. 200/- per quarter |
| Charges will be levied as under | |
| AQB is in the range | \% of Penal Charge |
How much can I deposit without a PAN card in SBI?
Normal Account not having pan card, only 49999/- can be deposited by cash and by transfer no limits. On the other hand, if account is Jan dhan or Basic saving type having pan card or not than only 10000/- cash deposit or by transfer in a month and yearly total debit and credit 100000/- transaction.
How to transfer money from ATM to debit card?
Any account holder who is wondering how to transfer money from ATM should follow the steps mentioned below: 1. Visit an ATM and insert the ATM/debit card 2. Choose the preferred language 3. Enter the debit card PIN and click ‘Yes’ to continue 4. Then choose the “Fund Transfer” option provided at the bottom most corner of the ATM display
How much money can I deposit in my Jan Dhan account?
On the other hand, if account is Jan dhan or Basic saving type having pan card or not than only 10000/- cash deposit or by transfer in a month and yearly total debit and credit 100000/- transaction. There is no limitation and you can deposit as much as you can but you must have pan card otherwise a bank can refuse to deposit that huge amount.
Why do people deposit money into ATMs?
There are several reasons to deposit money into an ATM. One of the obvious reasons is that you save on time, especially at some of the bank branches in the city, which can be very crowded. The other reason is that you get an instant message on the amount deposited, which shows the credit to your account.