The interest charged by the bank is much less than the interestĪns: A BSBDA account is Basic Saving Deposit Account which can be opened with simplified KYCĪns: Basic Saving Basic Deposit Account is opened on the simplified basic KYC norms. Banks do not charge any fee forĭepositing money but pays interest on the money deposited.īeside a bank account gives us an identity which is recognized by other government agencies.Īns: Interest is tha amount earned on the deposit kept with the bank or it is the amount paid when Kept with the bank can be deposited or withdrawn at convenience. can be directly credited to bank account through EBT. The wages / salary drawn can be directly credited to the account.

What are the advantages of having bank account?Īns: One can open saving, recurring/ fixed deposit accounts. Thus the money could be saved in bank.Īns: Money kept in bank is safe, secure and trusted upon. Sometime it may get stolen or we may be tempted to use the money. But we would always be worried about its safety. During the emergency only saving could help.Īns: The money is mainly kept at home in gullak. Marriage, purchasing farm seeds, purchasing own house, birth, illness, accident, death, naturalĬalamity, old age etc. Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.Ans: When income is more than expenses, than we have surplus money known as saving.Īns: We should save regularly so that it can be used to meetexpenses/ exigencies for education, It costs ₹100 + taxes per visit to pick any instrument. For cash pick-up and delivery, HDFC bank charges ₹200 plus taxes. The bank charges ₹100 non-financial + GST* and for financial transactions, it is ₹100 + GST.Īccording to the HDFC Bank website, the maximum cash delivery limit per withdrawal will be ₹25,000, and the minimum amount will be ₹5,000 for HDFC Bank customers. PNB provides a doorstep banking facility to people within a 5-kilometre radius of a bank through its branches. Senior citizens over the age of 70, as well as others who are differently-abled or infirm, will be able to use the PNB Doorstep Banking Services facility. Punjab National Bank (PNB) doorstep banking charges

The amount of cash withdrawal and deposit for each transaction is limited to ₹20,000 per day.

For Non-financial transactions, SBI charges ₹60+GST each visit, whereas financial transactions cost ₹100+GST. SBI customers can request for doorstep banking service at the Home Branch.

Hdfc bank cash deposit charges