How many bank accounts do you have and for what purposes?

[raghavx]

I hold following bank accounts

1. ICICI Bank (Savings) - For salary crediting and investments
2. IDFC First Bank (Savings) - for savings purposes, it gives good rate of interest.
3. DBS - Idk why I am still holding this.
4. Paytm Payments Bank - Had opened it long back, not sure why I am holding this too.
5. Fi.money - For day to day transactions as my primary savings account would get cluttered with few hundred rupees transactions.
6. Jupiter - Had opened alongside with Fi, thinking to close this.

 

[Reaper]

I have 2 branches around me but they have allotted Bengaluru Branch 😅

Same with me.
Is there an option to transfer this account to our nearest branch ?
Also, is there an option to request for check book? I need a cancelled check with my account number mentioned.

 

[yobro]

Same with me.
Is there an option to transfer this account to our nearest branch ?
Also, is there an option to request for check book? I need a cancelled check with my account number mentioned.

What type of account do u hold?

 

[Reaper]

What type of account do u hold?

“101 First”
It’s a pure zero balance account with no conditions attached

 

[ashwinkashwink is verified member.]

Same with me.
Is there an option to transfer this account to our nearest branch ?
Also, is there an option to request for check book? I need a cancelled check with my account number mentioned.

Yes you can get an Cheque book.

 

[Reaper]

Yes you can get an Cheque book.

Is this chargeable?
Do we get any kit (delivered to our address) post opening this account?

 

[yobro]

“101 First”
It’s a pure zero balance account with no conditions attached

I also hold the same account.
The 101 series of Fincare is similar to 811 of Kotak.
Completely online account u actually don't need to change the home branch.
These new age banks offer same services across all their branches.

 

[_ayush]

is there any way to check how many accounts we have?

 

[doraemon]

I also hold the same account.
The 101 series of Fincare is similar to 811 of Kotak.
Completely online account u actually don't need to change the home branch.
These new age banks offer same services across all their branches.

Is is safe to book fd in this bank as au bank intrest rate has dropped
I am concern about account freeze these days
I can't visit branch which is too far from my home

 

[doraemon]

is there any way to check how many accounts we have?

Open any UPI app and click on banks list if u have an account it will show

 

[doraemon]

Is this chargeable?
Do we get any kit (delivered to our address) post opening this account?

Yes chargeable
No kit delivered

 

[Swastik]

Active :-

ICICI - Investments

HDFC - Primary Savings and Bigger Transactions

SBI - Secondary Savings ,no Transactions except self transfers

Union - Salary

Canara - UPI
________________________________________________
Inactive :-

Paytm Payments Bank - Defunct

PNB - Old Salary Account, Closed

 

[John Since]

Kotak Solo - Income and Investments
Indus Exclusive - Savings
Kotak Current - Business transactions
Indie/Jupiter - Expenses and Bills
SBI - Trading

 

[Tejo]

is there any way to check how many accounts we have?

Start fight issue with an IT officer.

He will get down your all networth freely.

 

[yobro]

Is is safe to book fd in this bank as au bank intrest rate has dropped
I am concern about account freeze these days
I can't visit branch which is too far from my home

They won't freeze FD.
Bank is very safe.
It won't exist now because AU bank has acquired it already.
Attaching photo of nearest branch

 

[Reaper]

is there any way to check how many accounts we have?

It should show in your ITR

 

[Reaper]

Is is safe to book fd in this bank as au bank intrest rate has dropped
I am concern about account freeze these days
I can't visit branch which is too far from my home

I think it’s safe, first these deposits are insured via DICGC. Also if we go through the merger details, AU claimed that they have sufficient funds for next 12-18 months even though the bank grows by 20%, hence there shouldn’t be an issue with liquidity (RBI must have validated this before giving approval for merger).
As per my observation account freeze is mostly in 811 where system freezes the account based on transaction pattern. Small Finance Bank shouldn’t have this level tech however I am impressed with Fincare as it’s the only small finance bank that offer virtual debit card. Still for a safer side prefer to have a branch near to your place.

 

[raghu.rokda]

Still for a safer side prefer to have a branch near to your place.

Branch is automatically selected or we have given an option to choose branch while applying?

 

[Trust Me]

It should show in your ITR

But for that doesn't one need to add all bank accounts oneself to the ITR beforehand ?! 🙂

 

[Reaper]

Branch is automatically selected or we have given an option to choose branch while applying?

For my Fincare account it was selected automatically.

 

[varun__goel_]

But for that doesn't one need to add all bank accounts oneself to the ITR beforehand ?! 🙂

YES, we have to declare accounts manually.

But you can check in AIS, as all banks report to ITD the interest earned in FY