If you deposit 2000 rupees notes in the bank like this, then you will have to pay the charge, know what is the rule

[ad_1]

2000 rupee note bank deposit rules: After RBI’s decision to withdraw 2000 rupees, the process of depositing and exchanging notes is starting in all the banks of the country from today. In such a situation, if you are going to the bank to exchange all your 2000 rupee notes, then once you should know about the bank service charge.

The Reserve Bank of India has made it clear that there will be no charge for exchanging notes. This means it will be replaced and credited for free. However, the process of depositing money in the account will be done in the normal and old way only. In such a situation, you should know about the daily limit, charges and other information.

Banks charge fees on deposits and withdrawals

Major banks charge a service fee on cash transactions. However, this fee is levied on deposits and withdrawals in excess of the monthly specified amount. Some of the same rules may apply to Rs 2000 notes as well and you may have to pay a charge for depositing more than the prescribed limit.

 

What you need to know before depositing notes in the bank

If you are going to deposit 2000 rupee note then you must know some things. According to ET’s report, it will be deposited through the normal banking system. Simply put, Rs 2000 note will be deposited like any other currency and the same rules will apply. 2000 rupee notes can be deposited till 30 September.

Which bank charges how much service charge

If your bank levies service charges on deposits and withdrawals, you will have to pay such charges even if you spend Rs. 2000 notes are being exchanged.

SB I Bank – Three cash deposit transactions are free in a month. In addition, the bank will charge Rs 50 + GST ​​per deposit. 22 and GST charges levied by third parties on cash deposits through debit cards.

HDFC Bank – 4 transactions are free in this bank during a month. If you do more than this, then service charge of Rs 150 and GST will be applicable. Transactions up to Rs 2 lakh per month can be done. For third party the limit is Rs 25,000. The daily limit for the savings account is Rs 2 lakh.

ICICI Bank- This bank offers four free transactions in a month. You can do free transactions of Rs 1 lakh in a month. If it is more than this, Rs 150 fee and GST will be charged. The deposit limit from third party is Rs 25,000.