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Home FINANCE Bank Account: How many bank accounts can you open? know the rules
  • FINANCE

Bank Account: How many bank accounts can you open? know the rules

By
Pravesh Maurya
-
August 6, 2024
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    Bank Account
    Bank Account
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    Bank Account : Often people have this question in their mind that how many bank accounts can they open? Will they have to pay a charge if they open more than five bank accounts? Many such questions are in the minds of customers who open bank accounts.

    The government has informed the common people about the information related to banking or bank account. For the past few days, a message was going viral on social media, due to which common people were worried. In the viral message, it was being claimed that according to the new guidelines issued by the Reserve Bank of India (RBI), now a heavy penalty will be imposed on people having more than one bank account. But do you know whether these guidelines are correct or not?

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    Also Read: Google issued a warning for these users, do this immediately to avoid hacking

    The government said this

    Press Information Bureau (PIB), the press agency of the Government of India, revealed the truth behind this viral message. The agency investigated the claims and shared a post on its official X handle (formerly Twitter). The post wrote that some articles are spreading the misconception that according to the new guidelines of the Reserve Bank of India, now a penalty will be imposed for keeping an account in more than one bank. RBI has not issued any such guideline. Beware of such fake news.

    RBI did not issue such guidelines

    PIB completely refuted the viral message stating that RBI has not issued any such guidelines. The agency constantly monitors such news that spreads rapidly on the internet and creates concern among people. Anyone can report such news to PIB for fact check.

    lodge complaint here

    You can use the service of PIB Fact Check to verify any news or guidelines related to the government. Anyone who wants to do so can send a screenshot, tweet, Facebook post or URL of the misleading news to PIB Fact Check WhatsApp number 8799711259 or email it to Factcheck@pib.gov.in.

     

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    • five bank accounts
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      Pravesh Maurya
      Pravesh Maurya
      https://www.rightsofemployees.com/
      Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @rightsofemployeescom@gmail.com
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