Loan repayment
This query is : Resolved
20 November 2016
Sir,
If someone pays personal loan installment,amount more than 20000 in cash then is it contravention of sec 269SS??
If someone pays personal loan installment,amount more than 20000 in cash then is it contravention of sec 269SS??
21 November 2016
Yes, u must pay the loan above 20K through bank only.
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21 November 2016
Thnku you sir fr clearing doubt..
21 November 2016
mns one can deposit cash more than 20000 in bank ,for personal bank loan?
21 November 2016
U r welcome dear. There is no limit in depositing cash in Bank Account.
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