Monday, January 23, 2012

How to open a Savings account in any bank?


  1. What must be your age to open a savings account?
  2. You must be above the age of 18 years.
  3. What must you fill up to open a savings account?
  4. The appropriate form for opening the account.
  5. What minimum particulars are required?
  6. a.name ,date of birth(copy of the birth certificate)b. address. c. father's name d. telephone no.
  7. e. profession/occupation f. or a student.
  8. Can you open a bank account without any introduction from any of the account holder in the bank? NO
  9. What if you are a student in any school or college or any accredited Educational institution?
  10. yes. If you can get the introduction from the head of the institution in writing.
  11. What identity certificate must be produced by a student?
  12. Identity card from the school, or a a bonafide certificate from the head of the educational institution.
  13. What is the minimum balance to be kept in the account?
  14. It can start from Rs.500/ more or less depending upon the bank's rules and regulations and practice.
  15. Do the  banks offer any  interest on savings account?
  16. Yes.
  17. Do you know now what items are required to open a savings account with any bank?
  18. yes.
  19. What are they?
  20. 1.eligibility.2.introduction 3.age proof.4. identity proof 5.minimum amount required to open a savings account and minimum balance to be maintained in the account at any time 6.minimum balance to be kept if you want to utilise the cheque facility.7. rate of interest offered for this account.
  21. What is the benefit to the student?
  22. You can learn to save and you can easily pay your school/college/tuition and hostel fees etc.,
  23. What other facilities can you get from the bank?
  24. Many other facilities like  collection of cheques,Debit card,
  25. Withdrawals from ATMS, Internet banking,funds transfer facility etc., a monthly statement by e-mail too.
  26. Are you ready to open a savings account to-day?
  27. Yes.