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Wednesday, November 13, 2019

If there is more than one bank account, then do not pay attention to the loss

Most people now have 2 or more bank accounts. A large number of people open two accounts without need and can not retain it later. These people have to pay a fine of thousands of rupees. Apart from this, it also affects its civil score.

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Most people now have 2 or more bank accounts. A large number of people open two accounts without need and can not retain it later. Salary is the biggest reason for job seekers and their personal savings account. In this case today we can tell you what damage can result from more than one account.

There is a provision for maintaining the minimum balance in the bank in the savings account. If not, the bank charges a penalty against you. The minimum balance limit in many banks is Rs. 10,000 In such situations, if you have more than two accounts, you may have trouble because it is difficult for the common man to deposit 20,000 in savings account.Due to account of more banks, there are many problems in depositing checks. Paperwork also has many problems. In addition, while filing income tax, all bank accounts have to be kept in the details. Besides, it is necessary to keep a record of its statements.

Because of more accounts, you have to pay annual fees and service fees. The bank charges you for other banking facilities other than credit and debit cards. So it also hurts you more.
Due to account of more than one bank, you have to bear the loss as a small interest. With more than one account your amnesty bank is entangled. You get a maximum of 4 to 5 percent year-old riton on it. When you can put that money in another plan. On which you will get more year returns.
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If there is more than one bank account, then do not pay attention to the loss!

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