Types of Bank Accounts in India & KYC Norms Explained | Banking Law Made Easy

Are you confused about different types of bank accounts like Savings, Current, FD, RD, NRE, NRO, FCNR and what they really mean? 🤔
Or wondering why banks always ask for Aadhaar, PAN, or address proof before opening an account?

In this video, I explain all types of bank accounts in India and the RBI KYC (Know Your Customer) norms in simple and easy language — perfect for law students, banking aspirants, and anyone preparing for exams like CAIIB, JAIIB, UPSC, SSC, Banking & Law Entrance Exams.

📌 What you’ll learn in this video:
✅ Types of Bank Accounts – Savings, Current, Fixed Deposit, Recurring Deposit, Salary, BSBDA, NRI Accounts (NRE, NRO, FCNR)
✅ RBI’s KYC Rules – What documents are required, when KYC is done, and why it is important
✅ Easy examples

This lecture is a part of my Banking Law Series on TeachMeLegal.
✍️ This lecture is explained in a simple, clear, and exam-oriented way to help you understand quickly and remember easily.

About Me
I am Advocate Prashant Jha, practicing lawyer and law educator. My mission is to make legal education simple and accessible for everyone.

Notes on Banking Law:- https://rzp.io/rzp/Bankinglaw
For Notes, Questions Bank and Revisions Book :- https://linktr.ee/lawyerprashant

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