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.