Frequently Asked Questions
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It is very simple. To open a bank account you need to give a 'proof of identity and address' along with a recent photograph.
Surely you can. Along with your proof of address of New Delhi, you will have to declare your Chennai address for communication purposes.
Any one of the documents such as Passport. Driving Licence, Voters' Identity Card, PAN Card, Aadhaar Card issued by UIDAI and NREGA Card can be furnished as 'proof of identity. If these documents also contain your address, it can serve both as 'proof of identity and address'.
Of course you can. You can still open a bank account known as 'Small Account' by submitting your recent photo-graph and putting your signa-ture or thumb impression in front of the bank official. However, this 'Small Accounts' have certain limita-tions such as balance at any point of time should not exceed Rs.50,000, total credits in one year should not exceed Rs.1,00.000 and total withdrawal should not exceed Rs.10,000/- in a month.
Banks require your proof of identity and address as a part of Know Your Customer (KYC) requirements to ensure that banks know their customers properly.
Yes you can still open a bank account, only if you are assessed as a 'low risk' customer by the bank, by submitting a copy of any one of the following documents: (i) identity card with your photograph issued by Central/State Government Departments, Statutory Regulatory Authorities, Public Sector Undertakings. Scheduled Commercial Banks, and Public Financial Institutions; or (ii) letter issued by a gazetted officer, with a duly attested photograph of yours.