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Home FINANCE Bank Account Limit ! How many bank account you can open in...
  • FINANCE

Bank Account Limit ! How many bank account you can open in India, check new guideline

By
Pravesh Maurya
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July 12, 2023
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    Bank Account: There is no limit for having a bank account in the country. Customer can open account in 2, 4, 5 or any such limit. RBI has not placed any such limit on bank customers.

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    At present, many people have more than one bank account. If you also have more than one bank account, then this is important news for you. How many bank accounts can you open in India? Please tell that there is no limit in the number of opening bank accounts. Customer can open 2, 3, 4, 5 any number of bank accounts. The Reserve Bank of India (RBI) has not fixed any limit on the number of bank accounts.

    You can manage multiple savings accounts with multiple banks without any hassle. Also, if you can meet the requirement of maintaining minimum account balance, then you do not have to worry.

    Minimum balance has to be maintained

    Now except salary account minimum balance has to be maintained in almost every bank savings account. If you do not do this then the charge will be deducted from your bank account. If you do not maintain the minimum balance even after deducting the charge, then your bank account becomes negative.

    Many types of bank accounts can be opened;

    On behalf of the bank, customers are given the facility to open many types of accounts. You can open a salary account, current account, savings account or joint account as per your convenience. Most of the customers open a savings account. You also get the benefit of interest on this account. This is a basic bank account.

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    • check new guideline
    • Reserve Bank of India
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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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