Basic Savings Bank Deposit Account - Farmers

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Basic Savings Bank Deposit Account - Farmers

BSBDA for Farmers ensures hassle-free banking with zero balance, easy access to funds, and financial security, addressing farmers' need for simple savings.

  • cheque availibilty
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Details for Basic Savings Bank Deposit Account - Farmers

The Basic Savings Bank Deposit Account (BSBDA) for Farmers is a zero-balance account designed for hassle-free banking. It provides easy withdrawals, no minimum balance, and access to essential financial services, helping farmers securely manage their earnings and savings with convenience.

Interest Rate

3.50% p.a

Withdrawal Limit

Not available

Transaction Limit

Not available

Minimum Balance Required

  • Nil

Eligibility Criteria for Opening an Account

  • You must be a resident Indian
  • You must be a farmer, agriculturist, or have income from agriculture

Additional Benefits

  • Exclusive "Basic Savings Bank Deposit Account" for farmers with Zero Initial Pay-in & NIL Average Monthly Balance requirement.
  • Free IVR based PhoneBanking
  • International Debit Card
  • Avail Safe Deposit Locker and Super Saver facilities.
  • Free passbook facility for all individual account holders
  • Enjoy free cash and cheque deposits at branches and ATMs.
  • Access your account with your free Rupay Card
  • Free lifetime BillPay
  • Free InstaQuery facility
  • Free e-mail statements
  • 4 free per Month including ATM/RTGS/NEFT/Clearing/Branch Cash Withdrawal/ Transfer/Internet Debits/ Standing Instructions/EMI, etc. In case of more than 4 withdrawals in a month, the bank would convert the existing BSBD account to Regular Savings Account and all rules and charges as per Regular Savings Account would be applicable.