Savings Bank Account General - SBGEN

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Savings Bank Account General - SBGEN

SBGEN offers a secure and flexible savings account with easy transactions, competitive interest rates, and hassle-free banking.

  • cheque availibilty
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Details for Savings Bank Account General - SBGEN

SBGEN (Savings Bank Account General) is a standard savings account designed for everyday banking needs. Enjoy easy deposits, secure transactions, competitive interest rates, and seamless fund access. With convenient banking services and minimal requirements, SBGEN is perfect for individuals seeking a reliable savings solution.

Interest Rate

3.55%

Withdrawal Limit

25000/-

Transaction Limit

50000/-

Eligibility Criteria for Opening an Account

  • Any individual singly or jointly.
  • HUFs, clubs, Association, committees, societies, schools, trusts, executors, Administrators, institutions/agencies specially permitted by the RBI.

Additional Benefits

  • Nil debit card issuance charges.
  • Free personal accidental insurance (death) cover of Rs 2.00 Lakhs with debit card
  • 20 free personalized cheque leaves per year
  • 5 free ATM transaction (financial +non-financial) per month from union bank ATM. it is 3 transaction free (financial + Non-financial) at metro centres.
  • Nil account closure charges within 14 days or after 12 months of account opening.
  • Classic Debit card
  • Internet banking/mobile banking/SMS banking
  • Cheque book facility