The conversation between human and AI assistant.
How much can one person deposit in his bank account with and without a PAN card?
And what about with a PAN card? Is there a limit on the amount that can be deposited?
With a PAN card, there is no limit on the amount that can be deposited in a bank account. However, any deposit above Rs. 10 lakh may raise a red flag and may require the individual to provide an explanation for the deposit.