answersLogoWhite

0


Best Answer

how much money do i need to open a saving account

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the procedure to open a bank account in India?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Procedure for opening of Bank Account for Blind Person in India?

The procedure for opening of bank account for blind person in India dictates that they cannot open an independent account. They are required to open a joint account with a sighted person.


Can you open a pnb account in India from pnb bank southall?

no you can not


Can a us citizen open an Indian bank account?

It depends: 1. If the person is on an official trip to India and will be earning an income while his stay in India then - Yes he can open an account with any Bank in India. 2. if the person is on a personal/tourist trip to India and will not be earning any income during his stay here in India then - No, he cannot open an account with any Bank in India.


Can American citizen open bank account in ICICI Bank?

It depends:If the person is on an official trip to India and will be earning an income while his stay in India then - Yes he can open an account with ICICI Bank in India.if the person is on a personal/tourist trip to India and will not be earning any income during his stay here in India then - No, he cannot open an account with ICICI Bank in India.A point to note is that: If the American citizen visits an ICICI Bank branch in USA, he will be more than welcome to open an account.


How can a Foreign company open a Bank account in India?

if they have a branch in Indian


Can an Nepal citizen open a bank account in State Bank of India at Nepal?

Yes,a Nepali citizen working in India can open a bank account and for complying with the KYC norms he has to provide satifactory address proof of his local address in India along with his Identity Proof. Regards Subrato


Can an Indian citizen open a bank account in Nepal?

An indian citizen can open a bank account in Nepal only if s/he has obtain embassy registration to work/stay in Nepal and the same documents should be produced to the bank for opeing a bank account..


Can an American open an Italian bank account?

It depends:if the person is on a official trip to Italy and will be earning an income while his stay in India then - Yes he can open an account with any Bank in Italy.if the person is on a personal/tourist trip to Italy and will not be earning any income during his stay here in India then - No, he cannot open an account with any Bank in Italy.


Is it legal to check your credit to open an account with a bank?

Yes, it is perfectly legal to check your credit score before opening an account with a bank. The bank themselves would run a credit check on you before finalizing the account opening procedure. However a good credit score is not mandatory to open a deposit account.


How do you open an online bank account?

A bank account is a financial account maintained by a bank or other financial entity and used to monitor transactions between the bank and its customers. We as a private consultant company gives you several facilities related to banks like by using our portal you can easily open your bank account in State Bank of India without visiting the bank branch. The account can be opened online instantly without any extra effort.


Can you open a account in rbi?

No. The Reserve Bank of India is not a normal bank that offers bank account facilities to customers. It is the central bank of India and it supervises the banking operations of all the banks in the country. They are the banker to all the banks in the country and do not take up customer requests for bank accounts.


Is it mandatory to have a saving account in State Bank of India before opening a Public Provident Fund account in State bank of India?

No. u don't need to open savings a/c for opening ppf a/c in sbi.