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Bank of India Savings Account Minimum Balance Most of the savings accounts with the Bank of India offer zero minimum balance facility. In some cases, a monthly balance of Rs. 500 needs to be maintained.
On the account opening form, applicants will have to fill in both the parts. Form 1 - Name, address, signature, various other details and assets. Form 2 - Customers will have to fill in this part if they do not have a PAN card.
What you need to open a bank account A valid, government-issued photo ID, such as a driver's license or a passport. ... Other basic information, such as your birthdate, Social Security number or Taxpayer Identification Number, or phone number. An initial deposit is required by some banks, too.
Documents Required Proof of the company that you're working in. Identity Proof: Aadhar Card, PAN Card, Driving License, Voter Identity Card, etc. Address Proof: Valid Passport, Utility bill, Aadhar Card, Property tax bill, etc. Seal of the company. Two passport size colour photographs.
Opening a bank account can be one of the most important steps you take toward reaching your financial goals. Why? Because putting your money in an FDIC-insured bank account can offer you financial safety, easy access to your funds, savings from check-cashing fees, and overall financial peace of mind.
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PAN card is compulsory and is required for doing most financial transactions. The I-T department has made it mandatory to link your bank account with PAN. The main reason for this is that your income tax refunds will be credited directly to your bank account.
Listed below are the essential documents required with your recent photographs to open a BOI Savings account. 1. Proof of Identity (any one): PAN Card (Mandatory)
It takes 2 to 3 working days to open your account on their branch.
Documents Required for opening a Bank of India Savings Account Proof of Identity (any one): PAN Card (Mandatory) Aadhaar Card (Mandatory) Passport. Voter ID card. Defence ID card. ... Proof of Address (any one): Aadhaar Card. Credit Card Statement. Salary slip. Income/Wealth Tax Assessment Order. Electricity Bill.
Without them, you cannot open a bank savings account. Documents that you need to open a savings account in a bank are - your valid photo identification proof like Aadhaar card or PAN card, passport, driving license etc.

bank of india account opening form pdf