Documents Required for Savings Bank Account 2025
A savings account is a low-risk and one of the simplest ways of saving for your future. Customers are entitled to the interest earned over the deposits year after year.
When opening a savings account, customers are required to submit their KYC documents - address and identity proof - for verification. Once the documents are verified by the bank, customers are eligible to open a savings account.
Documents Required to Open a Savings Bank Account:
Identity Proof:
Listed below are any one of the documents that can be submitted by the customer to verify his/her identity. Note, that all the documents listed below have to be government-approved.
Address proof:
Listed below are the government approved documents that validate the address of the customer. The customer has to submit any of the below listed documents.
- Passport
- Utility bill (telephone, electricity, water, gas) - less than 2 months old
- Letter from a recognized public authority (gazetted officer) verifying the customer's residence address
- Bank passbook or Bank account statement
- Voter's ID
- Ration card
- LIC policy/ receipt
In addition to this, the customer is required to submit 2 passport size photographs and the account opening form of the bank - which will be available on the bank's website or at the bank branch. Existing customers can open a savings account via their net banking account or through the mobile app of the bank.
Once the documents have been submitted, the bank will verify them and then state whether the customer is eligible to open a savings bank account with them or not.
FAQs on Documents Required for Savings Bank Account
- If I don't have a PAN card, can I open a bank account?
Yes, some banks allow account opening without a PAN card through accounts with relaxed KYC norms. These are meant for individuals lacking full KYC documents. Once KYC is completed, the account can be upgraded to a regular savings account.
- Is it possible to open a bank account with no balance?
Yes, there are numerous banks in India that offer the zero-balance account option. The popular zero-balance accounts in 2023 are IDFC First Bank Pratham Savings Account, ICICI Zero Balance Savings Account, DBS Digi Savings Bank Account, SBI Basic Savings Bank Account, RBL Zero Savings Bank Account, YES Bank Zero Balance Savings Account, HDFC Bank's Basic Savings Bank Deposit Account, and Kotak 811 Zero Balance Account (Kotak Mahindra Bank-811 Digital Bank Account).
- Is Form 16 an acceptable form of identification?
Yes, the Form 16 that one's employer issues to show that Tax deducted at source (TDS) has been taken from their pay is a valid form of identification.
- Is submitting an Aadhaar to open a bank account mandatory?
An Aadhaar card is not a mandatory requirement to open a savings bank account. Adhaar card is a requisite only for accounts that will receive government (state or central) subsidies under any welfare program.
- What are the documents that you can use as address verification for bank accounts?
You can use your Aadhaar card, driver's licence, voter identification card, passport, or NREGA card as both identification and address proof.
- Can I open a savings bank account if I am currently unemployed?
Yes, you can open a savings bank account irrespective of your employment status.
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