Banking

Can I have two bank accounts in the same bank?

Yes, you can have two or more bank accounts in the same bank. According to RBI guidelines, there is no restriction on the number of accounts an individual can hold. You can open multiple savings or current accounts at the same branch or different branches of the same bank, provided you fulfill the KYC requirements. This can help you separate your personal savings from business expenses or manage different financial goals effectively. Keep in mind that each account must maintain its own minimum balance to avoid penalties.

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