Legal Question in Banking Law in India

How to open a bank account in nationalized bank? Is the registration imust to have a bank account?


Asked on 1/03/17, 2:39 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

03.01.2016

Dear Madam / Sir,

A Bank Account is opened by simply filling in the Application Form of the Bank for a Savings A.c ((if personal) and a Current A/c if used for business. You will have to submit all the KYC - Know Your Customer along with self attested copies of any two of your documents - PAN Card, Aadhar Card, Voting Card or Ration Card and two or three passport size photographs..Yes, registration of your Application is necessary to open a bank A.c along with the minimum amount deposited into your Account.

Regards,

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Answered on 1/03/17, 9:54 am


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