Know the whole process before opening an account in the bank

Having an account in the bank has become necessary for everyone today. Apart from keeping the earnings and capital safe, the bank account also gives the benefit of minimum interest on the deposited amount. You can make online payments and many other related tasks easily by opening a bank account.

Know about the complete process of opening an account in the bank...

There are two ways to open an account in the bank - online and offline. To open an account, you can apply for opening an account by visiting the nearest branch of the selected bank, which is called offline bank account opening or you can take the help of the bank's website. Which is called opening a bank account online.

Before applying, you have to determine which type of account you want to open, a saving account or current account, etc. After this, along with the application form, you will also have to submit some necessary documents. If you are opening a savings account in a government or private bank, then along with the necessary documents, you will also have to deposit the minimum amount prescribed by the bank. This amount varies from bank to bank.

These documents will be needed to open a bank account.

Every bank may ask for different types of documents to open an account, but some basic documents are demanded by every bank.

• Age and Identity Proof: For this, PAN Card, Voter ID, Passport, Driving License, or Aadhar Card from the bank.
• Recent passport size photographs.
• Residential Proof: Driving License, Utility Bill in the name of the applicant, Voter ID, Passport, etc.

Open an account by visiting a bank branch

This is the most popular and easiest process to open a bank account. Under this, you have to complete the following steps

• Go to the bank and take the account opening form. This form is free from any bank.

• After taking the form, fill it out correctly. In this form, you will have to fill in some personal information such as your name, father's name, address, permanent address, date of birth, mobile number, nominee's name, account type, etc.
• After filling out the form, you have to sign 3 to 4 times.
• Now attach the requested documents by attaching the photo in the form.
• If you want to take ATM and checkbook also, then tick the form for that too.
• Put your signature on all the requested documents and submit them.
• You can get the passbook 24 hours after the account is opened.

Open a bank account online like this

The option of opening an online bank account can provide you a hassle-free and paperless banking experience without visiting a bank branch. You have to go through the following steps to open an online bank account

• First of all, go to the official website of the bank in which you want to open an account.
• Fill out the online application with address proof, identity proof, age proof, income/employment proof, and a digital copy of photographs.
• You will be able to start using your account as soon as your details are verified by the bank's back-end team.