While there is no harm in maintaining multiple accounts, one should exercise extreme caution because negligence can result in losses. Do keep in mind that you will have to pay all related charges such as debit card charges, SMS charges, and should maintain a minimum balance depending on the account; if the minimum balance is not maintained, a Monthly Quarterly Balance (MQB) deduction will be made.from Personal Finance News-Wealth-Economic Times https://ift.tt/3EYIfcO
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