Joint account for unmarried couple? (2024)

sharpened said:

Do any banks (proper banks, not apps) allow unmarried couples to open a savings account in joint mode? High AMB doesn't matter as need to store a high amount for proof of funds sometime in the next couple of years.

Please don't offer unsolicited relationship advice. Yes, I understand the risk.

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I don't know, if they ask for marriage certificate for joint account holder? do they?

S S V said:

I don't know, if they ask for marriage certificate for joint account holder? do they?

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I assume it'll come into question when they see different surnames.

sharpened said:

I assume it'll come into question when they see different surnames.

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there are a lot people who maitain their original surnames even after the marriage.. heaps of them ...
Most of the couples living abroad will have two different surnames in their respective passports..

sharpened said:

I assume it'll come into question when they see different surnames.

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It's your money. You can do anything with it. You can also choose "Mode of Operation" for these accounts as per your requirement.

sharpened said:

Do any banks (proper banks, not apps) allow unmarried couples to open a savings account in joint mode? High AMB doesn't matter as need to store a high amount for proof of funds sometime in the next couple of years.

Please don't offer unsolicited relationship advice. Yes, I understand the risk.

See Also

And Two Become One: How to Combine Bank AccountsHow to Double Your Money

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Maybe this will help

sharpened said:

Do any banks (proper banks, not apps) allow unmarried couples to open a savings account in joint mode? High AMB doesn't matter as need to store a high amount for proof of funds sometime in the next couple of years.

Please don't offer unsolicited relationship advice. Yes, I understand the risk.

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I think joint account can be opened with anyone. No relation needee

I believe Indusind have something called partner account.. they allow it for couples too as per their website. QAB is 1L or FD of 10L but since you are ok to park money that's not an issue.. you can try this.. there's an apply button on the below link for joint account.

Both you and your partner would get seperate visa signature debit cards, each having BMS offers and airport lounge access.

pgarg24 said:

I believe Indusind have something called partner account.. they allow it for couples too as per their website. MAB is 1L or FD of 10L but since you are ok to park money that's not an issue.. you can try this.. there's an apply button on the below link for joint account.

Both you and your partner would get seperate visa signature debit cards, each having BMS offers and airport lounge access.

Open a Joint Savings account For Couples, Joint Bank Account | IndusInd Bank

Want to open joint bank account online? Apply for Indus partner savings account, a joint account for couples, to receive discounts on food & movie tickets. Learn more on our website.

www.indusind.com

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So double bonanza!!

WinSuperb7251 said:

I think joint account can be opened with anyone. No relation needee

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IDFC bank has a field for "Relationship with Primary Holder" in their joint account opening form.

Here: https://www.idfcfirstbank.com/conte...al-Joint-Savings-Account-Opening-Form-V12.pdf

Doesn't inspire confidence, which is why I opened this thread.

sharpened said:

IDFC bank has a field for "Relationship with Primary Holder" in their joint account opening form.

Here: https://www.idfcfirstbank.com/conte...al-Joint-Savings-Account-Opening-Form-V12.pdf

Doesn't inspire confidence, which is why I opened this thread.

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You tried with anybank branch?

sharpened said:

IDFC bank has a field for "Relationship with Primary Holder" in their joint account opening form.

Here: https://www.idfcfirstbank.com/conte...al-Joint-Savings-Account-Opening-Form-V12.pdf

Doesn't inspire confidence, which is why I opened this thread.

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Actually what you could do:
Go to your preferred Bank and explain the situation and they will definitely help you..

AritraSaha said:

You tried with anybank branch?

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Not yet. I have non-existent relationships with all of my RMs because they keep calling me and insisting on a "personal meeting" alongwith their supervisor. They can't see a little bit of money without wanting a slice of it for themselves.

S S V said:

Actually what you could do:
Go to your preferred Bank and explain the situation and they will definitely help you..

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Thanks, will do.

sharpened said:

Do any banks (proper banks, not apps) allow unmarried couples to open a savings account in joint mode? High AMB doesn't matter as need to store a high amount for proof of funds sometime in the next couple of years.

Please don't offer unsolicited relationship advice. Yes, I understand the risk.

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Yes, you can. To open a JOINT account - you need not be married or something like that. Even you and your friends / Business partners can open a joint account. The relationship between the account holders is not important - it can be ANYTHING. But note that for TDS and tax purposes, the PAN and other info of Account holder 1 will be considered. This works only with Savings / Current Accounts, not with Salary or Senior citizen or any other account or insurance etc..

sharpened said:

IDFC bank has a field for "Relationship with Primary Holder" in their joint account opening form.

Here: https://www.idfcfirstbank.com/conte...al-Joint-Savings-Account-Opening-Form-V12.pdf

Doesn't inspire confidence, which is why I opened this thread.

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Usually, when you go to the bank and ask for an account opening, they themself will fill out the form - in many of those cases, they will not even fill these fields
You can just fill in something like "Friend", "Partner" etc or even leave it blank. As I mentioned in my earlier thread, the ACTUAL relationship between the account holders is immaterial - for savings account opening.

sm9811911 said:

They wont ask for proof. At the same time not sure if friends etc is an option.
Fyi: likely you will have to visit branch for entire process. As banks generally don't allow account opening online for joint.

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You are right - banks usually have joint account openings offline at branches. But I am 100% sure friends or business partners or any 2 non-related individuals can open a savings account in India. If Banks are not allowing, it is usually the ignorance of the banking staff.

Even you can refer to the external website threads - https://www.nobroker.in/forum/can-friends-open-joint-bank-account-in-india/ or https://www.quora.com/Can-I-open-a-joint-account-with-my-friend

sharpened said:

I assume it'll come into question when they see different surnames.

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Sir i don't have surname mostly we never have surnames

financewizard said:

You are right - banks usually have joint account openings offline at branches. But I am 100% sure friends or business partners or any 2 non-related individuals can open a savings account in India. If Banks are not allowing, it is usually the ignorance of the banking staff.

Even you can refer to the external website threads - https://www.nobroker.in/forum/can-friends-open-joint-bank-account-in-india/ or https://www.quora.com/Can-I-open-a-joint-account-with-my-friend

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You are probably right re business partners