Basic Savings Bank Deposit Account-Small Accounts

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Basic Savings Bank Deposit Account-Small Accounts

Basic Savings Bank Deposit Small Account offers easy banking with no minimum balance, free deposits, and essential banking benefits.

  • cheque availibilty
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Details for Basic Savings Bank Deposit Account-Small Accounts

The Basic Savings Bank Deposit Small Account is designed for easy access to banking with no minimum balance requirement. Enjoy free deposits, essential banking services, and simplified transactions, making it ideal for individuals seeking hassle-free savings while ensuring financial inclusion.

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Interest Rate

3.55%

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Withdrawal Limit

25000/-

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Transaction Limit

50000/-

Minimum Balance Required

  • Nil

Eligibility Criteria for Opening an Account

  • Account can be opened by resident individuals who can open regular savings bank accounts.

Additional Benefits

  • Free Rupay debit card facility with Nil issuance and Annual Maintenance charges.
  • Nil account closure charges
  • Overdraft facility to eligible account holders
  • Rupay classic debit card
  • Interest rate equivalent to general savings accounts
  • Easy withdrawal with withdrawal slips
  • Periodic account statements
  • Nil limit on number and value of deposits

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