Decode Ballistic Reports Like a Pro. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

HUKAMCHAND ERODHA (ADMINISTRATOR)     01 January 2023

Senior citizen's saving

I am 77. I have money at home/in son's locker. Can I deposit it niw in my personal bank account ?

and how much at a time ?

without disclosing its source.

Thank you



Quick Summary
A 77-year-old individual is seeking advice on depositing cash savings currently held at home or in a relative's locker into their personal bank account. They are concerned about the amount that can be deposited at once and whether the source of the funds needs to be disclosed. The user is asking for information on bank procedures and the relevant laws concerning such deposits.

 2 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     01 January 2023

Ask the bank authorities concerned.

HUKAMCHAND ERODHA (ADMINISTRATOR)     02 January 2023

What the law says ?


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Recent Topics


View More

Related Threads


Loading