Basic Savings Bank Deposit Account-Small Accounts (BSBDS)

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Basic Savings Bank Deposit Account-Small Accounts (BSBDS)

BSBDS offers essential banking with zero balance, easy deposits, and basic services for financial inclusion. Open your Basic Savings Bank Deposit Account today!

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

The Basic Savings Bank Deposit Account-Small (BSBDS) is designed for financial inclusion, offering zero balance requirements, simplified banking, and essential services. Ideal for individuals seeking easy access to banking with minimal documentation, free deposits, and withdrawals, ensuring financial security and convenience.

₹
Interest Rate

3.55%

₹
Withdrawal Limit

Not available

₹
Transaction Limit

Not available

Minimum Balance Required

  • Nil

Eligibility Criteria for Opening an Account

  • Indian resident and above 18 years of age. Accounts can be opened by resident individuals who can open regular savings bank accounts.

Additional Benefits

  • Hassle-free account opening with limited KYC
  • Maximum balance - Rs. 50000/- at any point of time
  • 4 withdrawals free per month
  • Rupay debit card facility
  • Nil Issuance and annual maintenance charges on debit card
  • Accidental Insurance Cover with Debit Card

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