Cash Deposit Charges in Banks – India (2026 Guide)
Cash deposit charges are fees banks may apply when you deposit cash into your bank account beyond certain limits. These charges vary by bank, account type, and deposit amount.
Quick Summary
- Applies to: Savings & current accounts
- Free limit: Yes (varies by bank/account)
- Charges: Applied after free limit is crossed
- Varies by: Bank policy, branch location, and account variant
Cash Deposit Charges – Savings Account (Typical)
Most Indian banks allow limited free cash deposits per month.
Common Structure (Indicative)
- Free cash deposits: ₹25,000 to ₹1,00,000 per month
- After free limit:
- ₹2–₹3 per ₹1,000 deposited
- Or a flat fee (like ₹50–₹150 per transaction)
Charges may differ for metro, urban, semi-urban, and rural branches.
Cash Deposit Charges – Current Account
Current accounts usually have higher cash handling limits.
Typical Pattern
- Free limit: ₹5 lakh to ₹10 lakh per month (depends on variant)
- Beyond limit:
- ₹2–₹5 per ₹1,000
- Higher charges compared to savings accounts
Cash Deposit Through ATM / CDM
- Cash Deposit Machines (CDM):
- Often free up to a limit
- Charges apply after exceeding monthly cap
- Limits and fees vary by bank.
Cash Deposit at Non-Home Branch
Some banks charge extra if you deposit cash at:
- A non-home branch
- A branch in another city
This depends on bank policy.
Who Usually Gets Free Cash Deposits?
- Salary accounts (up to certain limits)
- Basic Savings / Jan Dhan accounts
- Senior citizen accounts (in some banks)
Always check your specific account rules.
How to Check Your Bank’s Cash Deposit Charges
You can confirm exact charges by:
- Checking your bank’s website or app
- Viewing the Schedule of Charges
- Asking at your home branch
How to Avoid Cash Deposit Charges
- Use CDM/ATM cash deposit within free limits
- Spread deposits across months if possible
- Upgrade to an account with higher free limits
- Use digital modes like UPI, IMPS, or NEFT
FAQs
Q. Is cash deposit always charged?
A. No. Charges apply only after crossing the free limit.
Q. Are cash deposit charges same in all banks?
A. No. They vary by bank and account type.
Q. Is cash deposit free in Jan Dhan account?
A. Usually yes, within reasonable limits.
Security Tips
- Always count cash before handing it over
- Keep deposit slip and receipt safely
- Avoid depositing large cash amounts frequently
Conclusion
Cash deposit charges depend on how much cash you deposit, how often, and which account you hold. To avoid extra fees, stay within free limits and use digital banking options whenever possible. For exact charges, always check your bank’s latest schedule of fees.
