Legal Question in Banking Law in India
Can an individual open a savings account jointly with an HUF/
Asked on 5/01/15, 7:32 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
01.05.2015
Dear Sir / Madam,
Yes, an Individual can open a Savings A/c jointly with an HUF (represented by the Karta), unless expressly and specifically not permitted by the Bank.
Regards,
Answered on 5/01/15, 8:42 am
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