Documents Required for Opening Savings Account
Savings Bank Account Opening Documents
- A savings account can be opened by Indian residents, Hindu Undivided Family, and foreign nationals.
- To open a savings account, KYC documents are required.
- KYC documents are proof of identity and address which are required for verification.
- A photograph is also required for a savings account.
- Submit documents online and open savings account within a few minutes.
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Savings Account Documents Required
The basic documents required for opening a savings account majorly includes KYC documents. KYC documents include address proof and identity proof for verification. In case, you apply for a savings account online, it is advisable to keep the scanned copies of all the required documents. However, in the case of an offline application for a savings account, the documents required for a bank account must be presented in physical copies.
Address proof
Documents which are accepted as valid documents for Address proof are as follow:
- Aadhaar card
- Voter ID
- Ration card
- Passport
- Driving license
- Utility bill like electricity bill, water bill, telephone bill
- Bank account statement
- Passbook of the bank
- A letter stamped/signed/recognised from a gazetted officer to verify the address details of the applicant
Identity Proof
- PAN card
- Passport
- Voter ID
- Employee ID
- Driving license
- Aadhaar card
- NREGA job card
- Any photo ID card issued by the Central/State government
Open saving account with different Banks online
- Axis Bank Savings Account Opening Online
- ICICI Bank Savings Account Opening Online
- Kotak Bank Savings Account Opening Online
- Yes Bank Savings Account Opening Online
- Citibank Savings Account Opening Online
- Standard Chartered Bank Savings Account Opening Online
- Bank of Baroda Savings Account Opening Online
- IDBI Bank Savings Account Opening Online
- Indian Bank Savings Account Opening Online
- PNB Savings Account Opening Online
- SBI Savings Account Opening Online
- HDFC Bank Savings Account Opening Online
- South Indian Bank Savings Account Opening Online
- Andhra Bank Savings Account Opening Online
- Canara Bank Savings Account Opening Online
- UCO Bank Savings Account Opening Online
- DBS Bank Savings Account Opening Online
- India Post Office Savings Account Opening Online
FAQs
✅What all documents are required to get a savings account opened?
Individuals are required to provide both identity proof and address proof for opening a saving account. Identity proof involves Aadhaar card, Voter ID, Ration card, Passport, Driving license, Utility bill like electricity bill, water bill, telephone bill, Bank account statement, Passbook of the bank and A letter stamped/signed/recognised from a gazetted officer to verify the address details of the applicant. Whereas the address proof involves PAN card, Aadhaar card, Passport, Voter ID, Employee ID, Driving license, NREGA job card and Any photo ID card issued by the Central/State government.
✅Can I open an account without a PAN card?
According to the RBI guidelines, PAN is the mandatory document for opening an account. So, an individual will not be able to open an account without a PAN card.
✅What is bank account proof?
Any authentic documents from the bank with a seal of the bank on the document can be termed as proof of the bank account.
✅What is the procedure of opening a savings bank account?
Savings Bank accounts can be opened online or offline. The offline steps of opening a saving bank account are as follow:
- Compare saving account options and select the best savings account.
- Visit the bank branch and ask for a savings account form.
- Fill the account opening forms and make sure that you check all the information provided.
- Submit the form, minimum deposit required and the required KYC documents.
- After the completion of the verification, the bank will share the cheque book, passbook and other relevant documents related to the savings account.
