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Old 05-12-10   #31
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Re: Help: Which Bank is the Best Choice?


You can do online buying / transactions but there are limits. Check this out :

You qualify for Azaadi if

* The sum total of all credits to your account does not exceed Rs 1 lac during the Financial year,

* You do not intend to maintain an account balance higher than Rs 50,000 at any given instant, and
* You are unable to furnish full documentation as required ordinarily for fulfilling of account opening norms
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Old 05-12-10   #32
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Re: Help: Which Bank is the Best Choice?

Yeah, I read that one, but I don't really know what they mean by the first point. When is the financial year?
And what limitations are there?
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Old 05-12-10   #33
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Re: Help: Which Bank is the Best Choice?

By financial year, they mean 1 year (till year ending I guess).
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Old 05-12-10   #34
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Re: Help: Which Bank is the Best Choice?

Oh.. I see. Well, that should be fine, I guess. Not planning to use that much online in a year.
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