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In India, if you deposit any amount more than Rs. 50,000/- you need to submit your PAN card number, If you deposit more than Rs. 10,00,000/- you need to show the source of income of the money.

These details will be shared with the Income Tax department.

As of maximum amount - It is any amount. No bank would restrict you on the amount as long as you provide them the necessary info as mentioned above.

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16y ago

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