If you look, you will find that almost every person has a bank account. Someone save through a bank account, some use it for their daily expenses, while many people open bank accounts to avail the benefits of government schemes, etc. Not only this, now even children's bank accounts are opened, in which the government school deposits the amount of assistance given to the children in their bank account. In such a situation, have you ever wondered how many bank accounts a person can open? Is there any rule of Reserve Bank of India i.e. RBI regarding this? Yes, of course, it is, so let us know what this rule says. You can know about it in detail further…
Types of bank accounts:-
First, let us know how many types of bank accounts are there...
Savings account
Current account
Salary Account (Zero Balance Account)
Joint account (both current and savings).
At the same time, if we talk about which account people open the most or which account they use the most, then saving account comes at number 1. Generally, people use it as a primary account.
Which account for whom
People deposit their earnings in this savings account and then interest is paid on this money by the bank. Some banks pay interest every month, some three, some six months, or annually. On the other hand, business people use current accounts and salaried people use salary accounts.
How many bank accounts can a person open?
According to RBI rules, any person can open any number of bank accounts in India. No limit of any kind has been set for this. You just have to take care of all the bank accounts you open. After opening an account, those who do not pay attention to those accounts, charges are imposed by the bank on their accounts. To avoid such things, you should take care of all your bank accounts.
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