Yes, you can open two or more accounts in the same bank. Many Indian banks allow customers to maintain multiple accounts, such as a regular savings account and a salary or current account, to better organize their finances.
Key considerations include:
- Check specific bank policies regarding the maximum number of accounts allowed under a single Customer ID (CIF).
- Ensure you meet the minimum balance requirements for each account to avoid penalty fees.
- Use multiple accounts to separate daily expenses from long-term savings or investments.