Cash Deposit Rule: RBI Governor issued new rule, bank account will be closed if more than Rs 30 thousand is deposited!

Cash Deposit Rule: In India, most of the people have their own bank accounts in which everyone deposits their earned money. People deposit their money in the bank because our money is completely safe in the bank. The central bank of our country, RBI i.e. Reserve Bank of India, issues new rules from time to time considering the banks.

But currently a WhatsApp message is going viral for the past few days, in which it is being said that RBI (Reserve Bank of India) has issued a new rule for all bank account holders. According to this rule, now if bank account holders deposit more than Rs 30,000 in their bank account, their account will be closed.

But many people are not able to know how much truth is there in this viral message and how much is lie, so in today’s article we will know the truth of this viral message and read about the Cash Deposit Rule.

This is the truth of the viral message

This message has been going viral on WhatsApp for a long time that our country’s RBI Governor Shaktikanta Das has issued new Cash Deposit Rules for all bank holders, according to which if any account holder keeps more than Rs 30 thousand in his bank account. If a person deposits money in the bank, his bank account will be closed.

But this is not true at all, this is a fake viral message. There is no need for you to believe this because no such new rule has been issued by the RBI Governor. You can deposit as much money as you want in your bank account, RBI has not yet issued any new rule on this.

According to RBI these are the Cash Deposit Rules

If we tell you the cash deposit rule in bank account according to RBI, then according to them, cash deposit of more than Rs 10 lakh should not be made in a savings bank account within 1 year, if more than 10 lakh cash is deposited within 1 year. So they must inform the tax authorities about this.

If we talk about current bank account, there is no limit on it, but whatever cash you deposit in your current account, you must give information about all those things while filing your ITR file.

PIB also did Fact Check

PIB (Press Information Bureau) also fact checked this viral message so that no fear is created among the people. Fact Check of PIB has also declared this message to be fake and they have given this information on their Twitter account.

While fact checking this message, PIB has tweeted and said in it, “It is being claimed in a news that the Governor of Reserve Bank of India has made an important announcement regarding bank accounts that if any account holder has If it is more than Rs 30,000 then his account will be closed.

Further in the tweet, PIB has said that “This news is completely fake, RBI has not taken any such decision” so there is no need to trust such messages.

This is how PIB gets fake messages investigated


Apart from this, if you have any doubt about any other message or news, then you can get that message/news checked from the Indian agency PIB. For this you can go to their website pib.gov.in or you can forward that fake message/news to them on Whatsapp on +918799711259.

Then PIB itself will check the authenticity of that message/news and update you. We hope that from this article you would have got information about Cash Deposit Rule and would have found out the truth of the message going viral. Stay connected with our website to read more such articles.

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