Quick Answer: How Can I Open A Bank Account Without Aadhar Card?

Which private bank is best?

Housing Development Finance Corporation Limited, popularly known as HDFC Bank, ranks number 1 among the list of best private banks in India….HDFC Bank.

ICICI Bank.

Axis Bank.

Kotak Mahindra Bank.

Yes Bank.

Federal Bank.

IndusInd Bank.

RBL Bank.More items…•.

How can I open a bank account without any documents?

Driving Licence. Voters’ Identity Card. PAN Card. Aadhaar Card issued by UIDAI and.

Which Bank opens account instantly?

You can open your Axis ASAP account within a few minutes using your Aadhaar & PAN details & you receive your account number immediately. ASAP customers can choose from any of Axis Bank’s 4000 branches in India. Axis ASAP comes with a complimentary virtual debit card.

As per a ruling by the Supreme Court, it is not mandatory to link your Aadhaar with your bank account. However, it is now mandatory to link your Aadhaar to your permanent account number (PAN). The deadline to link, which was initially set as December 31st 2019, has now been revised to March 31st 2020.

What documents are necessary to open a bank account?

Some banks may require two forms of identification. These forms can be a state ID, Social Security card, passport or birth certificate. You will need to provide personal information like your date of birth, physical address and phone number.

What documents do I need to open a bank account?

Documents Required to Open a Savings Bank AccountPAN card.Passport.Driving License.Voter’s ID.Employee ID.Bank passbook.Ration card.

As of now 96 crore bank accounts out of total 110 crore accounts have been linked to Aadhaar. No. Just, by knowing your Aadhaar number, no one can harm you.

The process of linking your Aadhaar with a bank account can be done both online and offline. … It can be done either through the online mode, offline mode, via SMS, through the respective bank’s ATM.

Which documents are required to open an account in SBI?

Savings Bank Account(a) Proof of identity (any of the following with authenticated photographs thereon): (i) Passport. (ii) Voter ID card. (iii) PAN Card. (iv) Govt./Defence ID card. … (b) Proof of current address (any of the following) (i) Credit Card Statement. (ii) Salary slip. (iii) Income/Wealth Tax Assessment Order. (iv) Electricity Bill.

What is KYC address proof?

KYC stands for “Know Your Customer”. … Generally an identity proof with photograph and an address proof are the two basic mandatory KYC documents that are required to establish one’s identity at the time of opening of savings bank account, fixed deposit, mutual fund, insurance, etc.

Can I open my bank account without Aadhar card?

The Supreme Court of India ruled that it is not necessary for you to link Aadhaar Card to existing savings accounts or to open a bank account. No private company or bank can ask for an individual’s Aadhaar as a mandatory document for verification.

Can I open bank account without KYC?

A person without valid KYC documents but categorised as ‘low-risk’ can open an account by submitting any of the following-identity card with applicant’s photograph issued by a central/state government department, statutory/regulatory authority, public sector undertaking, scheduled commercial bank or public financial …

The government in the Union Budget 2017 had introduced a law making it mandatory for every individual having a PAN to link with their Aadhaar number. Here are different ways to link the same. The last date to link PAN with Aadhaar is March 31, 2021.

How fast can I open a bank account?

Opening a bank account usually doesn’t take that long, especially if you apply online. Filling out an application may take minutes and receiving all the documents you need could take up to 10 business days.

Is PAN mandatory to open bank account?

The Reserve Bank of India (RBI) has made Aadhaar and PAN cards mandatory for opening bank accounts. The updated circular said Aadhaar and PAN numbers must be quoted for new bank accounts. …

What proof do you need to open a bank account?

Identification: When opening an account in person, most banks require two forms of identification such as a Social Security card, driver’s license, state ID, passport or birth certificate. If you are not a U.S. citizen, you may be able to open an account with identification issued from your home country.

Which bank has zero balance?

Latest Interest Rate for Zero Balance Savings AccountBankName of zero-balance savings accountInterest rateStandard Chartered BankBasic Banking Account0.5% to 4.90%HDFC BankBasic Savings Bank Deposit Account3.50% to 4%Axis BankBasic Savings Account3.50% to 4%ICICI BankBasic Savings Account3.50% to 4%5 more rows