Charges by bank on deposit of cash in current account
This query is : Open
17 October 2017
Respected sir/madam,
My Client have a current account in syndicate bank.Whenever he deposits cash exceeding rs100000, bank deduct charges rs 250.My query is that all the banks are doing same thing? Is there any remedy to avoid these charges?
Message likes :
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20 October 2017
Banks deduct cash deposit charges their Terms & Conditions.
Better to avoid cheque via deposits or go to ask Bank's norms....
20 October 2017
More or less everyone is doing the same you cannot avoid search things if you do transactions in cash.
This is the foreseeable initiative initiated by government to promote cashless economy.
You cannot escape from this.
20 October 2017
More or less every bank is doing the same you cannot avoid such things if you do transactions in cash.
This is the foreseeable initiative initiated by government to promote cashless economy.
You cannot escape from this.
20 October 2017
Add your GSTIN to your bank records so that at least the GST part of the charges deducted by them shall be claimed by us ITC
20 October 2017
Thankyou for your kind information and happy dewali
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