Banking

What is needed to open a bank account

To open a bank account in India, you need to provide officially valid documents for identity and address verification as part of the Know Your Customer (KYC) process. The essential requirements typically include:
  • Proof of Identity: Aadhaar card, PAN card, Passport, Voter ID, or Driving License.
  • Proof of Address: Aadhaar card, utility bills (electricity, water, or gas) not older than two months, or a property tax receipt.
  • Recent passport-sized photographs.
  • An initial deposit amount as specified by the bank's minimum balance requirements.

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