5 Best Banks To Open Family Savings Account

Yes, individuals can open single savings account with all family members. In family savings account, many single accounts can be grouped together and operated separately. In a Family Savings Account, maintenance of average quarterly balance will be at group level, which means there is no need to maintain in every single account.

Individuals, associations, societies, clubs, trusts and foreign nationals in India can avail the family savings account.

Also, many banks offer discounts and waiver on charges such as on gold, lockers, debit or credit cards, demat accounts, etc can be availed at lower rates.

Here are best banks which offer family savings account:

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