Many people today have multiple bank accounts. If you have many bank accounts, this is significant information for you. In India, how many bank accounts may you open? Tell them there is no restriction on the number of bank accounts that can be opened. Customers may open as many bank accounts as they like—2, 3, 4, or 5. The number of bank accounts is not subject to any restrictions set by the Reserve Bank of India (RBI).
You can easily manage multiple savings accounts with various institutions. Additionally, you do not need to worry if you can keep the minimal account amount.
Minimum balance has to be maintained.
Now, all bank savings accounts—aside from pay accounts—require a minimum amount to be kept. Your bank account will be debited for the charge if you don't. Your bank account becomes negative if you do not keep the required minimum balance even after subtracting the fee.
One can open a variety of bank accounts.
Customers are offered the option to open various accounts on the bank's behalf. At your convenience, you can open a salary, current, savings, or joint account. The majority of clients start a savings account. The account also offers the benefit of interest. This bank account is rudimentary.