BANK ACCOUNTS OPENING

EVERY INDIAN SHOULD HAVE A BANK ACCOUNT. NOW OPEN SAVING BANK ACCOUNTS RIGHT FROM JAN DHAN KENDRA, NO NEED VISIT BRANCH.

1.             BANK ACCOUNT IS A FINANCIAL ACCOUNT MAINTAINED BY A BANK OR OTHER FINANCIAL INSTITUTION IN WHICH THE FINANCIAL TRANSACTION BETWEEN THE BANK AND A CUSTOMER

              ARE RECORDED.EACH FINANCIAL INSTITUTION SETS THE TERMS AND CONDITIONS FOR EACH TYPE OF ACCOUNT IT OFFERS, WHICH ARE CLASSIFIED IN COMMONLY UNDERSTOOD TYPES,

               SUCH AS DEPOSITE ACCOUNT, CREDIT  ACCOUNT, CURRENT ACCOUNT, LOAN ACCOUNTS OR MANY OTHER TYPES OF ACCOUNT. A CUSTOMER MAY HAVE MORE THAN ONE ACCOUNT.

              ONCE AN ACCOUNT IS OPENED, FUNDS ENTRUSTED BY THE CUSTOMER TO THE FINANCIAL INSTITUTION ON DEPOSIT ARE RECORDED IN THE ACCOUNT DESIGNATED BY THE CUSTOMER. 

              FUNDS CAN BE WITH DRAWN FROM LOAN LOADERS.

              THE FINANCIAL TRANSACTIONS WHICH HAVE OCCURRED ON A BANK ACCOUNT WITHIN A GIVEN PERIOD OF TIME ARE REPORTED TO THE CUSTOMER ON A BANK STATEMENT

             AND THE BALANCE OF THE  ACCOUNTS OF A CUSTOMER AT ANY POINT IN TIME IS THEIR FINANCIAL POSITION WITH THE INSTITUTION.

                        Online Saving Account Opening :

SBI
UNION

PNB

CBI

                                               Types of accounts

    ·               Deposit Account

    ·            Current Account

    ·             Personal Account

    ·             Saving Account