Saving Account Rule: How many bank accounts can a person open? Know RBI rules..
Shikha Saxena May 21, 2025 05:15 PM

Bank Account News: Nowadays, almost everyone has a bank account, and many people have more than one. If you also have multiple bank accounts, then this is important news for you. The Reserve Bank of India (RBI) has issued an alert for those who have more than one bank account. RBI has made rules regarding keeping bank accounts. So, it is important to know how many bank accounts a person can keep.

Many types of bank accounts can be opened-
The bank provides the facility to customers to open many types of accounts. You can open a salary account, a current account, a savings account, or a joint account as per your convenience. Most customers open a savings account. You also get the benefit of interest on this account. It is a primary bank account.

Current and salary account-
Apart from this, if we talk about the current account, then people who do business or whose transactions are very high. Those people open a current account. Apart from this, the salary account is also a zero balance account. There is a salary credit in it every month, so due to this, there is no hassle of maintaining the balance.

How many accounts can be opened?

Apart from this, if we talk about the joint account, then you can open this account with a partner. Apart from this, no limit has been fixed on how many bank accounts a person can keep in India. People can open different types of accounts according to their needs.

One has to be careful if you have more accounts-
There is no limit on how many bank accounts a customer can keep in India. The Reserve Bank of India has not imposed any restriction in this regard. If you can efficiently manage multiple savings accounts in different banks and keep your accounts and deposits according to the rules, then you do not need to worry about the number of accounts. However, it is important to keep a few things in mind while having multiple savings accounts.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.

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