Can I Open SBI Account Without PAN Card?

Is Minor PAN card valid?

A PAN card issued in the name of a minor does not contain the minor’s photograph or signature, and therefore, cannot be used as a valid proof of identity.

Once a minor PAN card holder turns 18, the relevant changes must be made in the PAN records..

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.

Can we open salary account without PAN card?

To open an account in any bank in Indiayou will need either PAN Numberor Form 60/61 (where PAN Number is not available).

Can a 17 year old open a bank account without a parent?

No matter what the reason, if you are 18 years old, it is possible, and relatively easy, to open a bank account without your parents knowing. If you are not over 18 years old, it is possible to open up a bank account with another relative, such as an aunt or uncle, or older sibling.

Can I get a bank account without proof of address?

“Account opening requirements include two forms of valid ID such as passport, national ID card with photo or driver’s license. You will also require a proof of residential address like a voter’s card or utility bill.”

Which salary account is best?

The following is the list of best 5 salary accounts available in India:Kotak Platina Salary Account.SBI Corporate Salary Package.HDFC Bank Classic Salary Account.Citibank Suvidha Salary Account.Axis Bank Prime Salary Account.

At what age PAN card is made?

It is a common misconception among people that Permanent Account Number (PAN) is applicable only for individuals above 18 years of age. However, the Income Tax Department has not mentioned an age limit for availing a PAN card, which means that even minors are eligible to apply for it.

Can I open a bank account without PAN card?

SBI Small Accounts: A Way To Open Bank Account Without Valid KYC Documents. If you over 18 years of age and do not have a valid identity proof or PAN, the State Bank of India (SBI) still allows you to access the banking system.

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.

Is current account and salary account same?

Primary difference between savings and current account No interest is normally paid on a current account, while you get regular and periodic interest in the case of a savings bank account. Salaried individuals should not open a current account, unless they have a business.

Is PAN card required for buying gold?

Requirement of PAN card was made mandatory for gold and jewellery purchases over Rs 2 lakh.

Is Aadhaar card enough for KYC?

RBI has updated its OVD (Officially Valid Documents) list and has added “Proof of possession of Aadhaar number” for opening a bank account. It is not mandatory to furnish Aadhaar to open a bank account at present. …

Is PAN card mandatory for opening bank account for minor?

All one needs to do is intimate the bank within a certain period. In case of account for minor below the age of 10, the date of birth proof of the minor and the parent’s Aadhaar and PAN will be the required else only the date of birth proof and Aadhaar of the Minor will be the KYC requirement.

Is Form 60 required for minor?

Transaction entered into by a minor In case of a minor entering into a transaction requiring PAN, the PAN of the guardian or Form 60 as the case may be must be provided along with the application.

Is salary account mandatory?

Salary account There is no minimum balance requirement. It can help you pay utility bills, transfer money, withdraw, and so on.

Is PAN card mandatory for KYC?

The PAN is proof of your identity as well as income. … A PAN Card is, therefore, a mandatory document at the time of getting your KYC process done.