Bank Account: Today, more than half of the country’s population has a bank account. Not only this many people have a bank
Bank Account: Today, more than half of the country’s population has a bank account. Not only this, many people have a separate bank account apart from one bank account. However, it has become a common practice ever since various banks have signed up in India. Since then one person has more than one account.
If you also have more than one bank account, then this news is going to be useful for you, because RBI has issued an alert for people having more than one bank account. Not only this, rules have also been made by the Reserve Bank regarding maintaining bank accounts, about which we are going to discuss further.
Accounts can be opened in many ways?
In today’s time, banks provide facilities to customers to open many types of accounts. Which depends on the customers as to what kind of current account, savings account or salary account apart from the join account they want to open. However, in today’s time, most of the customers like saving account and they are also given interest on this account.
What is current and salary account?
If we talk about current account, then this account is opened especially by people doing business or people who do a lot of transactions. While salary account is also known as zero balance account, salary is credited to it every month, which is why there is no hassle in maintaining the balance.
How many accounts can one person open?
However, if we talk about joint account, then this account is opened with the partner. But we are talking about how many banks a person can keep an account in India. Actually, no limit has been set for it. People can open their accounts in different banks according to their needs.