Info related bank account

Aizen164

KF Ace
Am 20M currently studying in medical , i have total 6 Bank account on my name

1 . HDFC ( 5k minimum )
2 . Sbi ( 2k minimum )

Zero balance
1 . Au small finance
2 . Kotak
3 . Federal
4 . IndusInd

Should i keep all 6 account ? Need guidance
 

abhimarda

KF Mentor
Am 20M currently studying in medical , i have total 6 Bank account on my name

1 . HDFC ( 5k minimum )
2 . Sbi ( 2k minimum )

Zero balance
1 . Au small finance
2 . Kotak
3 . Federal
4 . IndusInd

Should i keep all 6 account ? Need guidance
As 4 of them are zero balance accounts...I hope nil charges as well..then you can continue to keep them... The accounts become useful once you want to apply for any loan or credit card from that bank and your relationship vintage goes high.... You may also have offers on debits cards of different banks at different times which you may like to have.. In essence if these are "free" accounts then keep them...SBI and HDFC should be continued anyway
 

zacobite

KF Mentor
Am 20M currently studying in medical , i have total 6 Bank account on my name

1 . HDFC ( 5k minimum )
2 . Sbi ( 2k minimum )

Zero balance
1 . Au small finance
2 . Kotak
3 . Federal
4 . IndusInd

Should i keep all 6 account ? Need guidance
too many.. 2 accts more than enough.. 1 for investments + 1 for day to day, upi etc.. + 1 salary acct that can keep chg with jobs
 
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