The conversation between human and AI assistant.
Can I still collect the payments till 30 December in cash and deposit those 500 and 1000 currency notes in my bank?
Is there a limit on how much I can deposit?
Yes, there are limits on deposits of old currency notes. You can deposit up to Rs. 5000 without any questions asked, and if you want to deposit more than that, you will have to provide a valid explanation for the source of funds.