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You need the following to open a bank account:
- An Identity Proof - Passport or Driving License
- Address Proof - Passport or Driving License or Phone Bill
- Photograph - For the bank records
- Proof of Employment - For the bank records to know more about you
- An Introducer - This is usually a requirement for the bank to postpone all the due diligence they would do on you to a later point of time. An introducer should be someone who has an existing relationship with the bank.
- Initial Deposit Money - When you open an account, the bank expects you to deposit a minimum amount (Depending on the type of account you are opening)
What else can I help you with?
What are the requirements for a high yield saving account?
The requirements on a high yield savings account vary depending on the bank that you choose. Some have minimum deposits, others have a minimum average balance. One should always check with the bank they are interested in and competitors before opening an account.
What is the benefit of opening a student savings account?
There are a number of benefits of opening a student saving account. Student saving accounts often have very good interest rates and good introductory gifts. This is because banks want to get customers when that are young as they will often be loyal for life.
What is the best reason for opening more than one savings account?
you should separate money that you're saving
What are the benefits of opening a regular savings ISA account?
Opening a regular savings ISA account offers benefits such as tax-free interest, potential higher interest rates, and a disciplined approach to saving money for the future.
What should be the minimum balance SBI saving account?
0 for maintenance w.e.f. 25/04/2012. Rs. 100/- for opening
What are the requirements for a high yield saving account?
The requirements on a high yield savings account vary depending on the bank that you choose. Some have minimum deposits, others have a minimum average balance. One should always check with the bank they are interested in and competitors before opening an account.
Is it mandatory to have a saving account in sbi before opening a ppf account in sbi?
No its not mandatory
What is the benefit of opening a student savings account?
There are a number of benefits of opening a student saving account. Student saving accounts often have very good interest rates and good introductory gifts. This is because banks want to get customers when that are young as they will often be loyal for life.
What is the best reason for opening more than one savings account?
you should separate money that you're saving
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.
What are the benefits of opening a regular savings ISA account?
Opening a regular savings ISA account offers benefits such as tax-free interest, potential higher interest rates, and a disciplined approach to saving money for the future.
What should be the minimum balance SBI saving account?
0 for maintenance w.e.f. 25/04/2012. Rs. 100/- for opening
What are the types of bank accounts in Pakistan?
1.fixed deposit account 2.saving account 3.current account 4.home saving account 5.family saving account
You do not have a checking account or saving account and need a loan?
Before you get your loan amount the bank would ask you to open an account. Keeping track of a customer without an account is very difficult and banks would insist on you opening an account with them before they give you the loan amount
What is Free account?
My saving account
Can you be 16 years old and open a savings account with chase bank?
Yes, a 16-year-old can open a savings account with Chase Bank, but they will need a parent or guardian to co-sign the account. Chase offers specific accounts designed for minors, which help young individuals learn about saving and managing money. It's advisable to check with the bank for any specific requirements or documents needed for the account opening process.
What account is similar to a saving account?
Current Account
