Banking

Can i open 2 bank accounts in same bank

Yes, you can open more than one bank account in the same bank in India. Most banks allow customers to hold multiple accounts, such as a savings account and a current account, or separate savings accounts for different purposes. Key points to consider include:
  • Each account must serve a distinct purpose or belong to a different category, such as a salary account and a regular savings account.
  • You must meet the minimum balance requirements for each individual account to avoid penalties.
  • Standard KYC documentation is required for all accounts to ensure compliance with banking regulations.

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