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xuezhiqian123
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"The first question that arises in the minds of the salaried employees is what to do with the left-over cash from their first income. Should I invest them in the form of fixed deposits or mutual funds or the stock market? Should I deposit them in a bank account that is easily accessible? If you know you might require the funds at the time of emergency or for day-to-day usage; then bank accounts are the ideal option.
However [url=http://www.cheaprussiahockeyjerseys.com/andrei-markov-jersey/]Andrei Markov Olympics Jersey[/url] , it is not just depositing money and withdrawing them. You have to prepare a bit and give it some thought. Banks in India offer different types of bank accounts such as savings, current and salary. There is also a bank account for various segments like women, children, senior citizens and NRIs.
The bank jargons are not as intimidating as they may seem to be. Following are the steps to open a bank account in India:
1) Eligibility: You have to fulfil specific bank terms and conditions before opening an account. Some of the criterions are:
- You must be an Indian citizen - You must be 18 years old and might require your parent#37413;#27290; signatures as a consent - You should have a minimum amount of money to invest in the account. The amount could vary from bank to bank
2) Banks: Not all banks follow the same principle when it comes to bank accounts. Ensure to seek information from your local bank to understand the type of account they offer [url=http://www.cheaprussiahockeyjerseys.com/alexey-marchenko-jersey/]Alexey Marchenko Olympics Jersey[/url] , their features, etc. You could also know from your elders which bank follows a hassle-free application process. Banks are generally categorised as large chain banks and the local ones. The large chain banks are spread out in different cities and towns. The local ones are known to offer personal and human experience. They tend to be friendlier.
3) Bank account: Now, select the type of bank accounts you want to invest in. They could be either current or savings. Each of these accounts boasts of various characteristics. A current account is useful if you will need cash for daily purchases. A savings account comes handy during a medical emergency or for fulfilling your long-term goals. You can also check the aspects of such accounts online before approaching the bank.
4) Documents: You need to have your files in place if you want the application to get approved immediately. The essential ones are:
- PAN card, Aadhaar [url=http://www.cheaprussiahockeyjerseys.com/dmitri-kulikov-jersey/]Dmitri Kulikov Olympics Jersey[/url] , passport, driving license, voter#37413;#27290; ID, ration card [url=http://www.cheaprussiahockeyjerseys.com/alexei-emelin-jersey/]Alexei Emelin Olympics Jersey[/url] , etc. These are used as your ID and address proofs - You also have to furnish your employment details like payslips, ITR papers, etc. - Application form - Recent photographs
5) Open the account: Visit the bank branch and open the account. Those who are opening an account for the first time should visit the bank and get it done. The advantage of doing so is that you can clarify your queries instantly. The bank representative also approves your application quickly. Depending on the type of bank, you can also open bank account online or over the phone. By opening the account online [url=http://www.cheaprussiahockeyjerseys.com/andrei-vasilevskiy-jersey/]Andrei Vasilevskiy Olympics Jersey[/url] , you can scan and upload the documents. If you open it via phone, the bank representative collects the papers.
6) Account essentials: Once the bank approves your application, they will send you all the papers related to your bank account such as debit card PIN, your bank account number [url=http://www.cheaprussiahockeyjerseys.com/semyon-varlamov-jersey/]Semyon Varlamov Olympics Jersey[/url] , etc as a part of the kit. If you find any error in any of the details, contact your bank representative right away.
Follow these 6 simple steps and streamline your finances today!
Author Bio:- Neha Sharma is a finance student who loves to write in her free time. She has spent considerable time researching about bank accounts. Through her work, she lets us know how to open a bank account.
Total Views: 45Word Count: 657See All articles From Author
Champions League Semi Final Betting ? Bayern Munich vs Lyon Live Sports Articles | April 22, 2010 Champions League Semi Final Betting ? Bayern Munich vs Lyon Live Soccer Betting Tip Wednesday [url=http://www.cheaprussiahockeyjerseys.com/sergei-bobrovsky-jersey/]Sergei Bobrovsky Olympics Jersey[/url] , 21st April 2010 at 19:45 BST The biggest sporting event happening in Europe today is the first le...
Champions League Semi Final Betting ? Bayern Munich vs Lyon Live Soccer Betting Tip Wednesday, 21st April 2010 at 19:45 BST The biggest sporting event happening in Europe today is the first leg match of the second Champions League Semi Final between Bayern Munich and Lyon at the Allianz Arena. Who will hold advantage going into next week?s second leg tie in France? BetRepublic previews tonight?s match here and offers some excellent value markets for you to bet upon.
Bayern Munich vs Lyon Live Soccer Betting Tip :
Both of these sides will be filled with confidence going into this match, with Bayern having won twelve of their last thirteen home games in all competitions and Lyon have history on their side, having won four of five matches played in Germany against German opposition in the Champions League. Paddy Power have priced up their markets on the basis of the German sides excellent recent home form and have made them favourites to win the game at 811. Lyon are available at 41 [url=http://www.cheaprussiahockeyjerseys.com/ivan-telegin-jersey/]Ivan Telegin Russia Jersey[/url] , while the draw can be backed at 135.
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