Yes, you can have multiple accounts in the same bank. Most Indian banks allow customers to open and manage several accounts, such as multiple savings accounts, a current account, or fixed deposits, under a single customer ID.
Key benefits include:
- Goal-based Saving: Separate accounts for specific goals like emergencies, travel, or education.
- Better Organization: Easier tracking of personal and business transactions.
- Simplified Management: Convenient fund transfers between accounts within the same bank.
Ensure you meet the minimum balance requirements for each account to avoid non-maintenance charges.