Well, RBI doesn't disallow more than 3 people in a bank account however most of the banks do not allow more than 3 joint account holders in one account. It would be tough to convince any bank to open a bank account with 4 holders. Most of the times, their system also do not support more than 3 holders. Good luck finding oneBest Joint account in India.
When opening a joint account for four people in India, consider banks like HDFC Bank, ICICI Bank, and SBI. They have special accounts for multiple individuals. Just check their features, fees, and requirements to find the best fit for everyone involved.Best Joint account in India.