RBI Rule 2025 : How many bank accounts can a person open, know the rules of RBI..

RBI Rule 2025: At present, almost everyone has a bank account, which is also necessary to take advantage of government schemes. Bank accounts can also be opened for children. But do you know how many bank accounts can be opened in your name? RBI has recently issued an alert. It has been said how many bank accounts can be in the name of a person.

Open a bank account according to your needs-

You can open a bank account according to your needs. These include options like current, salary, joint, and savings accounts. Most people open a savings account because it gives interest on the money deposited in it, which makes it the most common or primary bank account. People who have more transactions often choose a current account.

In which most of the business people are included. The salary account is for salaried people. In which you do not need to maintain a minimum balance. It is a zero balance account. You can open a joint account with any other person, like your spouse, your children, or your parents.

Who can open how many accounts?

There is no fixed limit for opening bank accounts in India. You can open as many accounts as you want and need, because the RBI (RBI new guideline) has not set any limit on this. However, you have to keep in mind that the more accounts you have, the more important it will be to manage all of them. According to which option you choose, you have to manage all the accounts. If you want, you can also open savings or other accounts with different banks. But for this you have to follow all the banking rules.

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