Bank Account Tips: Keep these 4 things in mind while closing your bank account, otherwise you will suffer loss..


Opening a bank account has many benefits because by opening an account here you get an ATM from which you can withdraw money whenever you want. Apart from this, you get facilities like a checkbook and internet banking for making payments, etc.


On the other hand, many people have more than one bank account, which they close when they do not need it. In such a situation, if you are also closing any of your bank accounts, then you must know some things. Otherwise, you may even suffer a loss. So let's know what things should be kept in mind before closing a bank account.

Do not close it before one year
If you have opened a bank account and you are thinking of closing it immediately for some reason, then avoid doing so. If you do this, you may have to pay a closing charge. Therefore, if you want, you can close the account after one year.

However, if you want to close your account, then for this the bank gives you 14 days from the time of opening the account. If you close your bank account within this period, then you do not have to pay any charge.


At the same time, also know that if you are closing any of your bank accounts and there is more than 20 thousand rupees deposited in that account. So in such a situation, the account holder gets only 20 thousand rupees in cash.

The bank transfers the remaining money in the account holder's account to his other account. For this, the bank takes information about your other bank account from you.

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