Tag Archives: #HUFsavingsgrowth101

Can HUF open savings account?

Can HUF open savings account Yes, a Hindu Undivided Family can open a savings account in its name. Banks in India offer savings accounts specifically designed for HUFs. These accounts allow the HUF to deposit and withdraw funds, earn interest on the balance, and perform various banking transactions.  To open a savings account for an… Read More »