The ceiling on deposits is Rs.1,00,000/- in a financial year at present, is both for individual self account and account(s) opened on behalf of minor(s) of whom he is the guardian, taken together.
Source - SBOT
The ceiling on deposits is Rs.1,00,000/- in a financial year at present, is both for individual self account and account(s) opened on behalf of minor(s) of whom he is the guardian, taken together.
Source - SBOT
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I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.