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Basic Saving Account

Rules & Regulation for Basic Saving Account

  • >No minimum balance requirement.
  • >The services available in the account will include deposit and withdrawal of cash at bank branch as well as ATMs; receipt /credit of money through electronic payment channel or by means of deposit / collection of cheques drawn by Central / State Government agencies and departments.
  • >Annual transaction no more than 100000/-.
  • >maximum balance not more then 50000/-  any time.
  • >No Cheque book facility will be available
  • >Facility of ATM card or ATM-cum Debit Card.
  • >No charge will be levied for non-operation /activation of in-operative basic Savings Bank Deposit Account
  • >Holders of basic Savings Bank Deposit Account will not be eligible for opening any other savings bank deposit account in the bank. 
  • >We are member of Deposit Insurance and Credit Guarantee Scheme in which customers deposits are insured up to Rs. 5 Lac.