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How much can I deposit in my bank account (after 500-1000 notes ban) if I have already 4 lac in my account?
I want to know how much can I deposit in my bank account, given that there was recently a ban on 500 and 1000 rupee notes, and I already have 4 lac in my account.
According to the current regulations, you can deposit any amount of cash in your account. However, if the deposit exceeds Rs 2.5 lakh, you will have to provide a valid explanation for the source of income.