Want to open a new bank account

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Want to open a new bank account

 Want to open a new bank account Here's a guide


A person can open a bank account by going to a bank branch or through the bank's website. Here's everything you need to know.


HIGHLIGHTS

In general, there are two ways to open a bank account - online and offline.

A person must first determine the type of bank account they want to open, such as a savings, checking, or fixed deposit account.

Documents such as proof of address, proof of identity, proof of age, proof of income/employment are usually required to open an account.


In general, there are two ways to open a bank account - online and offline. You can either go to the nearest branch and apply for a new bank account or go directly to the bank's website to start the process online.

Opening an account consists of choosing a bank according to your preferences, providing certain documents and funding the account. Once the formalities are completed, you can start using your account, saving you time and money.

But before beginning the process, a person must determine the type of bank account they want to open, such as a savings, checking, or fixed deposit account.


Documents required to open an account:


Although some document requirements may vary from bank to bank, some basic prerequisites are required to open a bank account.


- Proof of Age and Identity: Banks accept documents such as PAN card, voter card, passport, driver's license or Aadhaar card as proof.


- Recent passport photos are required by banks or financial institutions.


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