There is no fixed number regarding the number of times any person can open a bank account in the country, but still recently RBI has told that a person can have so many bank accounts. Let us know the latest news of RBI
Whether it is saving or any transaction, a bank account is required somewhere or the other. Nowadays, almost everyone has a bank account in which they like to save or transact their money. Whereas, some people also avail the benefits of government schemes through bank account. In such a situation, there may be one or two bank accounts somewhere.
There are some people who have more than two bank accounts, so do you ever have a question in your mind that how many bank accounts can a person have? Or what is said in the rules of Reserve Bank of India (RBI) regarding opening of bank accounts? So let us tell you that RBI has such rules, about which we are going to tell you today. Let us know.
How many types of bank accounts are there?
- savings account
- current account
- Salary Account (Zero Balance Account)
- salary account
- Joint Account (Savings and Current)
Which account is for whom?
If you want to save your daily or monthly savings then you can open a savings account for this. Saving account is the most used primary account in the country. Interest is given on savings account. Interest rates are also given by different banks according to different months. Apart from this, people use current accounts for business. Whereas, some people use salary account for salary.
What is the RBI rule for bank account?
According to the rules of Reserve Bank of India, a person can have any number of accounts in India. No limit has been set for this. However, it is important that you pay attention to all the bank accounts you have opened, otherwise charges will be levied by the bank.
