Basic Savings Bank Deposit Account (BSBDA)

The Account provides Basic Savings banking features with the aim of encouraging people to open a Savings Bank account and enjoy the benefits of financial inclusion. Zero Liabilities coverage on Debit card.




1 reward point on every 100 spends on debit card

15% discount


15% discount

1 reward point on every 100 spends on debit card




Cash withdrawal on Utkarsh Bank ATMs

  • No Minimum Balance required

  • Free Debit Card Facilities

  • A Classic Rupay debit card is offered with no annual maintenance charges for the first year

  • Unlimited Free ATM transactions across own bank ATMs within India

  • Higher ATM withdrawal and purchase limits.

  • Access to Internet Banking

  • Passbook Facilities for all Account Holders

  • Interest Rate on Domestic Savings *:

Balance in Rate of Interest w.e.f February 01, 2024
Balance Upto 1 Lakh 4.00% p.a.
Incremental balance above 1 Lakh upto 5 Lakhs 6.25% p.a.
Incremental balance above 5 Lakh upto 50 Lakhs 7.50% p.a.
Incremental Balance above 50 Lakhs up to 10 crore 7.25% p.a.
Incremental Balance above 10 Crore up to 50 crore 7.50% p.a.
Incremental Balance above 50 Crore 7.75% p.a.

* T&C Apply

*Important Point: No Additional Interest Rate for Senior Citizen.

Basic Savings Bank Deposit Account [BSBDA]
Average Balance Requirements AQB
Metro & Urban Banking Nil
Semi-Urban & Rural Branches Nil
Charges for Non-Maintenance Nil
Branch Cash Transactions
Cash Deposit Transactions- Free limits/month Unlimited
Charges Beyond Free Limit Nil
Cash Deposit Transactions Free limits/month [Folio] Unlimited
Charges Beyond Free Limit Nil
Cash Withdrawal charges beyond free limit Not Applicable
Cash Withdrawal Transactions Free limits/month[Folio] Maximum 4 Withdrawals per month across all channels including drawings through ATM
Charges Beyond Free Limit 10 per transaction
DD/PO Issuance
Demand Drafts Payable on own Bank Locations Upto 10,000/- 50/-
Above 10,000/- 4/- per 1,000/-
[Min 50/- Max 1000/-]
Revalidation Free
Duplicate DD Issuance Free
DD/PO Cancellation 100/-
Cheque Issuance/ Collection Charges
Free Leaves Not Available
Charges Beyond Free Limit Not Applicable
Cheque Return Charges [Outward] 200/- per cheque
Cheque Return Charges [Inward] 500/- per cheque
NEFT/RTGS/IMPS transactions [Online]
RTGS Outward Free
NEFT Outward Free
IMPS Payments 1 - 1000 - 2.50
1000 - 25000 - 5.00
25000 - 500000 - 15.00
Doorstep Banking Services
Cash Pickup Charges [within city limits with a radius of 5 km from base branch] Not Available
Cash Pickup Charges [within city limits with a radius of 5 km from base branch] Not Available
Other Charges
Quarterly Physical Statements Free
Email Statements Free
SMS Alerts

25 paisa per SMS

Subject to maximum amount of ₹ 25 per quarter


actual amount

whichever is lower.     

Stop Payment Instructions 100/- per cheque
Signature, Address and Photo attestation 100/- per instance
Balance Certificate 100/- per instance
Account Related Charges
Account Closure Nil

For Debit Card Variants & Charges, kindly refer to the Card Section

For complete details on Fees and Charges effective from 01st April 2024, please click here

Apply for Basic Savings Bank Deposit Account (BSBDA)

Loan calculator

Amount ()

1 Lac

10 Cr

Tenure ( )

1 Month


Interest Rate (%)



Equated Monthly installments (EMI)


Need more Information?
Deposit Amount
Interest Earned

Interest Rate


Interest Earned


Maturity Value


Maturity Date

20 Apr 2023

(Indicative interest rates for calculation only. click here for latest rates.)


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