6 Responses to What Is The Maximum Amount We Can Keep In Savings Account?

  1. Gopal says:

    There is no limit to keep funds in your Savings and Current Account. But it will be advisable to keep funds in fixed deposit account if these are surplus for longer period.

  2. bharat says:

    There is no limit but this amount should be legal which you have to show as a white money if asked by the Income Tax Department.

  3. Roger says:

    You can put in as much as you want, but you want to find out the maximum amount that is guaranteed by government (in case if the bank went under). Same goes for current account, except that most current account does not pay interest on the deposit.

  4. Covenant says:

    Which country do you live in?
    Many countries consider current accounts as savings accounts (Indian version) – general day-to-day spending; while savings accounts are proper savings accounts meant for investment – no matter if it is long term or short term.
    There are restrictions in certain savings accounts meant for savings.

  5. A NARAYANAN says:

    You can keep any amount, there is no maximum limit. But why to keep in savings account, why don’t you make FD or divert it to Share market or Mutual fund.

  6. Randy F says:

    you may keep any amount you want but only 200,000.00 per account is insured by the fdic.