Banking

Can i have two savings account in same bank

Yes, you can have two or more savings accounts in the same bank, provided they are of different types or serve different purposes. While most banks do not allow two identical regular savings accounts for a single individual, you can opt for:
  • A joint account with a family member alongside your individual account.
  • A salary account and a separate personal savings account.
  • Specialized accounts such as a senior citizen account or a high-yield savings variant.
Managing multiple accounts helps in organizing finances, though you must ensure each meets the minimum balance requirements.

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