POSTED BY May 1, 2014 8:13 am COMMENTS (4)ON
Multiple bank accounts tend to get created when one changes jobs from one firm to another, since each firm needs you to open a salary account with the bank with whom they have tie-up.
So is it worth taking the trouble to close your old salary accounts which you no longer require? Can it cause any harm if you just let them be, with zero balance? They will likely become inoperative in some time, but so what.
I feel one reason to let them remain is that in future if I need an a/c in that bank, I can simply make my old a/c operative, rather than going thru trouble of opening new one (for which I’ll also require an ‘introduction’).
Would like to have your views. Thanks