What is account title in bank

An account title in a bank refers to the unique name assigned to a bank account that identifies the owner and the nature of the account. It serves as the primary identifier for bank records and legal purposes. Common types of account titles in India include:

• Individual Account: The name of the person who owns the account.
• Joint Account: Names of multiple individuals who share ownership.
• Business Account: The registered name of a firm, company, or organization.
• Trust or Estate Account: The name of a specific legal entity or trust agreement.