Steps to Easily Open A Bank Account in Private Banks and RBI Guidelines for persons with disabilties in India

Are you looking to open a bank account?

Are you confused about the procedures and the RBI guidelines for you?

Able Aura brings you an easy guide to help you navigate your way through getting your bank account opened.

Opening of bank accounts for you in private banks in
india:

•In India, private banks allow you to open bank accounts like any other
customer.

•The process of opening a bank account for you in a private bank is
similar to that for any other customer.

•Here is the general process for opening a bank account in a private bank in India:

•Choose a bank:
Choose a private bank that meets your financial needs and requirements.

•Visit the bank:
Visit the nearest branch of the bank you have chosen, and ask for the bank
account opening form.

•Fill the form:
Fill in the bank account opening form, providing all the required personal and
financial information.

•Provide documents:
Provide the required documents, such as identity proof, address proof, and
disability certificate.

•Submit the form and documents:
Submit the completed form and the required documents to the
bank.

•Account activation:
Once the bank verifies the information and the documents, the account will
be activated, and the bank will provide an ATM/debit card and chequebook.

•The exact process and requirements for opening a bank account for you may
vary among private banks.

•It’s advisable to check with the bank for specific details and
requirements.

•You can also opt for the accessible banking services offered by some private
banks, such as audio response units, internet banking, mobile banking, SMS banking, and other
services to make banking transactions easier and more accessible.

• In India, some private banks provide specialized services for you.

• Some of the private banks that provide specialized services for you
include:

  • State Bank of India (SBI)
  • HDFC Bank
  • Axis Bank
  • Kotak Mahindra Bank
  • ICICI Bank

• These banks offer various accessible banking services, such as audio response units, internet
banking, mobile banking, SMS banking, and other services to make banking transactions easier
and more accessible for you.

• Some banks also offer special privileges and
concessions, such as reduced service charges, concessions on loan rates, and priority service,
to you.

• It’s strongly advisable to check with the specific bank for details on the services and benefits offered to
you due to frequent changes and additions.

• To understand the RBI guidelines for pensions and other benefits please visit:

To understand the different financial and development benefits please visit this website of National Handicapped Finance and Development Corporation: