RBI Rules 2025: In today’s time, almost every person has a bank account. Some people save through a bank account, while others use it for their daily expenses, in such a situation, have you ever wondered how many bank accounts a person can open? Is there any rule of the Reserve Bank of India i.e. RBI regarding this? Let us know in the news in detail about these rules made by the Reserve Bank regarding bank accounts.
Bank Account Updates Nowadays almost everyone has a bank account. To avail the benefits of many schemes of the central and state governments, it is necessary to have a bank account. 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 (RBI Alert). In which it is told how many bank accounts can be in the name of a person.
Open a bank account according to your need
People have the option of opening a bank account according to their needs. This includes current account, salary account, joint account or savings account. Talking about the primary bank account, it is a savings account. Most people open it because you get interest on deposits in it. People who have more transactions opt for current account. This includes most business people.
Salary account is for salaried people. In which you do not need to maintain minimum balance rule. It is a zero balance account. You can open a joint account with any other person like your spouse or your children, parents.
Who has what limit for opening accounts…
It is not fixed how many bank accounts a person can open in India. There is no limit for this. Any person can open as many bank accounts as he wants and needs. RBI has not set any limit.
You have to take care of all the bank accounts you open. You have to manage all the accounts according to the option you choose. If you want, you can open savings or other accounts with different banks. But for this you have to follow all the banking rules.
