Basic Saving Account Deposit

• This account can be opened by any individual provided he/she has valid KYC Documents. Primarily meant for poorer sections of society to encourage to start saving without any burden of charges or fees.

Features →

• Available at all Branches
• Minimum Balance Account : NIL
• Maximum Balance - No Limit
• No Cheque Book Facility Available
• Withdrawl only using withdrawl form at branches or through ATMs
• Basic Rupay ATM cum Debit Card will be issued

Eligibility →

• All Individuals having valid KYC Documents
• Single/Jointly/ Either or Survivor/Former or Survivor, Later or Survivor, etc.

KYC Requirements →

• All Accounts will be KYC Compliant

Most Important Terms and Conditions →

• Customer cannot have any other Saving Bank Account, if he/she has a Basic Saving Bank Deposit Account. If the Customer has a already Saving Account, the same has to be closed within 30 days of opening Basic Saving Bank Deposit Account.
• Maximum 6 Withdrawl free of costs in a month, including ATM withdrawls at own or others Bank's ATMs, Cash Withdrawl at Branch Channel, AEPS cash transaction.