Banking System: There are many types of accounts like- savings account, current account, salary account and joint account etc. Generally people have only savings account.
Bank Account Rules: After the coming of the Modi government, most of the people of the country have bank accounts. The Modi government has tried to open bank accounts of all the citizens of the country under Jan Dhan Yojana. According to a report, today 95 percent of the country’s population has a bank account. Some people have more than one bank account. It is very important to have a bank account for financial transactions. Through this you can do secure transactions. Also, your deposited capital is also safe in this.
Usually people have savings account
Some people have accounts in not one but many banks. But do you know how many bank accounts any common man can have. Let us tell you that there are many types of bank accounts like- savings account, current account, salary account and joint account etc. Generally people have only savings account. The purpose of this account is to save. In this account, interest is also received from the bank on a quarterly basis.
Banking and accounts
People doing business get current accounts opened. There is a lot of transaction in this type of account. Whereas, the salary account is of such people who get salary every month. If your salary is coming every month, then it is not necessary to maintain minimum balance in this account. If the salary is not received for three consecutive months, this account is converted into a savings account. You can also close this account while changing jobs.
What is joint account?
Joint accounts can be opened by two or more business partners or husband and wife. This account is beneficial in many ways. Your financial life remains easy with a joint account. Saving in this type of account is easier than in a savings account. You can easily fulfill your life’s target by opening this type of account.
How many bank account limit
If you ask how many bank accounts a person can open according to RBI? So the answer is that any person can open any number of bank accounts. There is no rule and fixed limit for this. People can open different bank accounts according to their needs.
