{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/categories\/msme\/online-current-account-charges-and-limits-cash-deposits-and-withdrawals\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/categories\/msme\/online-current-account-charges-and-limits-cash-deposits-and-withdrawals\/","headline":"Know about Online Current Account Charges and Limits: Cash Deposits and Withdrawals","name":"Know about Online Current Account Charges and Limits: Cash Deposits and Withdrawals","description":"In the ever-evolving landscape, digital current accounts are becoming more accessible and convenient to manage finances. However, current accounts often come with a certain transaction limit to ensure security and prevent frauds to maintain the overall stability of banking operations. Let\u2019s delve deeper into understanding daily transaction limits and how users can navigate them to...","datePublished":"2024-06-03","dateModified":"2024-06-03","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/#Person","name":"IndusInd Bank","url":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/Know-about-cash-deposit-and-cash-withdrawal-limits-and-charges-associated-with-your-Online-Current-Account.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/Know-about-cash-deposit-and-cash-withdrawal-limits-and-charges-associated-with-your-Online-Current-Account.jpg","height":288,"width":764},"url":"https:\/\/www.indusind.com\/iblogs\/categories\/msme\/online-current-account-charges-and-limits-cash-deposits-and-withdrawals\/","about":["MSME"],"wordCount":1011,"articleBody":"In the ever-evolving landscape, digital current accounts are becoming more accessible and convenient to manage finances. However, current accounts often come with a certain transaction limit to ensure security and prevent frauds to maintain the overall stability of banking operations. Let\u2019s delve deeper into understanding daily transaction limits and how users can navigate them to optimize their banking experience.Current Account Daily Transaction LimitThe maximum amount of money that can be transacted in a single day including withdrawals, purchases, transfers, and other financial activities through a digital current account is referred to as daily transaction limit. IndusInd Bank Current Account like other banking service providers and financial institutions sets its own limits based on factors such as account type, account activity, and security considerations. Listed below are the daily transaction limits set by IndusInd Bank for three of its prominent current account types.Indus Tarakki Current AccountCash DepositCombined Free Cash Deposit Limit (Home + Non Home Locations)Rs. 5,00,000Additional Charges on incremental depositsRs. 4\/1,000 (Minimum Rs. 50\/- Per transaction)Cash WithdrawalCash Withdrawal (Home Location)FreeCash Withdrawal (Non-Home Location)FreeCash Withdrawal (ATM’s) IndusInd NetworkFreeCash Withdrawal Other ATMsFree 50 transactions per month subject to average monthly balance maintenance of Rs.10,000 in previous month. In case the average monthly balance in previous month is less than Rs.10,000, then 5 transactions are free. Cash withdrawal transactions above the specified limits will be charged at Rs. 21 per transaction.Cash Withdrawal Outside IndiaRs. 125\/- Per TransactionCash Withdrawal Limit by Debit CardRefer Standard Schedule of Charges for Debit CardIndus Freedom Current AccountCash DepositFree Limit per month (Home Location)Free up to Rs. 4 lacs per monthFree Limit per month (Non Home Location)No Free limitsAdditional Charges on incremental depositsRs. 4\/1,000 min. Rs. 50Cash WithdrawalCash Withdrawal from Branch \/ IndusInd Bank ATMFreeCash Withdrawal Non IndusInd Bank ATMsFree 50 transactions per month subject to average monthly balance maintenance of Rs.10,000 in previous month. In case the average monthly balance in previous month is less than Rs.10,000, then 5 transactions are free. Cash withdrawal transactions above the specified limits will be charged at Rs. 21 per transaction.Cash Withdrawal Outside IndiaRs. 125\/- Per TransactionCash Withdrawal Limit at ATMRefer Standard Schedule of Charges for Debit CardIndus Select Current AccountCash Deposit at Home+Non Home LocationsFree Limit per month8 times of previous Month’s AMB or Rs. 20 Lacs, whichever is higherAdditional ChargesCharges on Additional DepositsRs. 4\/1000, Min Rs. 50\/- Per transactionCash WithdrawalCash Withdrawal Non IndusInd ATMsFreeCash Withdrawal Limit by Debit CardRefer Standard Schedule of Charges for Debit CardNavigating Daily Transaction LimitsDaily transaction limits are designed with security in mind, particularly for those with higher financial needs. Check your bank\u2019s website, mobile app, or customer service channels for related information. Consider spreading out transactions over multiple days if you anticipate going beyond the daily transaction limit. Make the most of your IndusInd Bank Current Account by staying informed, planning ahead, and optimizing your account usage.Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct\/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.\u00a0Share This:"}