Question: How Can I Open Andhra Bank Account?

What is the minimum balance in Bob current account?

Bank of Baroda Current Account Minimum Balance and ChargesBank of Baroda Current AccountBank of Baroda Current Account Minimum BalanceNon Maintenance ChargesBaroda Advantage Current AccountQuarterly Average Balance Rural – Rs.

2,000, Semi-Urban – Rs.

2,000, Urban/Metro : Rs.10,000Rs.

350 per quarter3 more rows•Nov 16, 2020.

Is Andhra Bank Safe?

Compared to the appropriate industry loan to deposit level of 90%, Andhra Bank’s ratio of over 70.02% is sensibly lower and within the safe margin, which positions the bank cautiously in terms of liquidity as it has not disproportionately lent out its deposits and has retained an apt level of deposits.

Can I open a bank account with no money?

Can you open a bank account with no deposit or minimum balance? If you’ve been following along so far you probably know that yes, you can open a bank account with no money. You can also do this without adhering to a minimum balance requirement. Yet, not all bank accounts are created equal.

How much can I withdraw from Andhra Bank?

For Rupay Debit cards daily withdrawal cash limit from any ATM is Rs 25,000 and for POS terminals limit is Rs 50,000. For Rupay Platinum Debit card cash withdrawal limit is Rs 50,000 per day from any ATM and for POS terminals limit is Rs 1,00,000.

How can I open current account in Andhra Bank?

How to Open Current Account in Andhra Bank?The first thing you have to do is collecting account opening form which you will get in any branch of the bank.Fill the form with all the details asked to you in the form.Now take two latest passport sized photographs of yourself for the application form.More items…

What is the minimum balance in Andhra bank account?

Rs.100The minimum balance requirement is Rs. 100 and deposits can be made from any branch of Andhra Bank.

Can I open a bank account with another person?

You can open a bank account for someone else, but only if you are a co-owner of the account. If opening the account at a branch location, you will have to bring the other person with you. You can’t open an account for another person if he or she is the sole owner of the account, even if you are related.

Can I open a joint account without the other person?

Can you open a joint bank account without the other person present? This depends on the bank or credit union. Some banks will allow you to open a joint account online or over the phone. In this case, both people need not be present, but both must provide social security number and photo ID.

How many transactions are free in Andhra Bank ATM?

Ten transactionsTen transactions per month are allowed free in all locations of our ATMs (inclusive of metro and non metro besides eligible free transactions in other Bank ATMs. Beyond ten charges Rs. 20 + applicable GST will be levied for each transaction.

What documents do you need to open bank account?

First off, you need to bring at least one form of photo ID. 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.

Can you make a bank account with a fake name?

You can also open a bank account under a false name. Banking regulations prohibit this, but the rules can be bent if you own the bank or are good friends with the owners. Still this is risky and not to be recommended. Remember that former president Joseph Estrada used a fake name to open an account.