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Is there any limit to have no of bank accounts

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Guest

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Guest (Querist)
26 September 2014 I have a saving banks account in UCO bank .the bank has deducted a fine of rs.540 for additional number of debit transactions. the BM said that there is a limit of 50 transactions per 6months . so I have plan to open SB accounts in other banks also .but I want to know whether there is any limit on number of SB accounts to be opened by one person.....
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
26 September 2014 no limit. you can open as many accounts as you wish to.
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