Bank branches
CA Naman Garg (Practicing CA) (86 Points)
02 May 2017
sir,
Please help me to know the meaning of Home branch and non home branches of bank.
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178296 Points)
Replied 02 May 2017
The branch at which the account (opened/finally transferred) i.e. presently exists is Home branch, all other branches of the same bank are non-home branch!!
CA Naman Garg
(Practicing CA)
(86 Points)
Replied 03 May 2017
then sir the new charges of SBI bank on depositing cash is for non home branches. it means i can deposit cash at home branch as many times as i want without any charge??
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178296 Points)
Replied 03 May 2017
"it means i can deposit cash at home branch as many times as i want without any charge??"
It should be like that, but not with every bank. They have some restrictions with home branch also!!
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