Bank Account Open: In today’s era, it is very important for people to have a bank account to do financial transactions. Where the bank account makes financial transactions easy, it also keeps the deposit capital of the people safe. It is very important for people to have a bank account.
Although there are many people who have more than one bank account. In such a situation, it is very important for people to know that how many bank accounts a person can keep. Let’s know…
Bank account
Actually, banks provide many types of bank accounts. These include savings account, current account, salary account and joint account. Savings account is the main account of the people, in this usually people open an account for savings and this account is the primary bank account for most of the people. Interest is also available in this account.
While banking , current accounts are opened by those people who do business and their transactions are very high. Apart from this, salary accounts are opened by those people, whose salary comes every month. These accounts also have many different benefits and it is not necessary to keep minimum balance in it when regular salary comes. It can also be a temporary account which you can consider closing while changing your job.
Number of bank account
whereas joint account can be a joint account between husband and wife. This account also has its own advantages. On the other hand, there is no limit to the number of bank accounts a person can have in India. People can keep more than one bank account according to their needs.
Net Banking
However, according to financial experts, it is not advisable to open more than three savings accounts because then it can be difficult to manage these accounts. It is also necessary to have a minimum balance in these accounts. On the other hand, if there is no activity in these savings accounts for some time, then the bank account can also be deactivated. In such a situation, the bank account limit should be fixed according to one’s needs, while there is no separate rule from the government to determine the number of bank accounts.
