individual account

1. INDIVIDUAL ACCOUNT
By
Vijay Kumar

2. WHAT IS INDIVIDUAL ACCOUNT
• An account at a bank company or anywhere
that a single person is responsible for debit and
credit

3. Types of account for a individual
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Savings bank account (with cheque book)
Savings bank account (without cheque book)
No frill account
Saving plus account
Premium savings account
Current account
Recurring deposit account
Term deposit account
Special term deposit account

4. How to open an account
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Choose your bank
Go to bank official
Fill the form
Know about terms and conditions
Id proof and 2 recent photos
Deposit the minimum amount
Collect passbook

5. KYC REQUIREMENT FOR
INDIVIDUAL
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Proof of identity
Passport
Voter id card
Pan card
Id card of reputed
employer
Driving license
Photo id card issued by
post office
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Proof of address
Credit card statement
Salary slip
Ration card
Income tax
Electricity bill
Telephone bill
Letter from reputed
employer