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.
Get
1 reward point on every
100 spends on debit cardGet
1 reward point on every
100 spends on debit cardGet
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. May 01, 2025 |
---|---|
Balance Upto | 1 Lakh3.50% p.a. |
Incremental balance above | 1 Lakh upto 5 Lakhs5.25% p.a. |
Incremental balance above | 5 Lakhs upto 10 Lakhs6.50% p.a. |
Incremental balance above | 10 Lakhs upto 50 Lakhs7.25% p.a. |
Incremental balance above | 50 Lakhs upto 100 Crore7.50% p.a. |
Incremental balance above | 100 Crore7.75% 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 | Not Applicable |
Cash Withdrawal charges beyond free limit | Not Applicable |
Cash Withdrawal Transactions Free limits/month[Folio] | Not Applicable |
Charges Beyond Free Limit | Not Applicable |
DD/PO Issuance | |
Demand Drafts Payable on own Bank Locations | Upto Above 10,000/- 4/- per 1,000/- [Min 50/- Max 1000/-] |
10,000/- 50/-
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 | 1000 - 25000 - 5.00 25000 - 500000 - 15.00 |
1 - 1000 - 2.50
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 or actual amount whichever is lower. |
Stop Payment Instructions | 100/- per cheque |
Signature, Address and Photo attestation | 100/- per instance |
Balance Certificate | Not Applicable |
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 13thMay 2025, please click here
Interest Rate 8.00% |
Interest Earned 3,50,452 |
Maturity Value 13,50,452 |
Maturity Date 20 Apr 2023 |
(Indicative interest rates for calculation only. click here for latest rates.) |
Earn up to 7.75 %* on your Savings Account and get interest credited quarterly
Earn interest rates up to 8.50 %* p.a. and 9.10 %* p.a. for Senior Citizens
Get Loan amount upto
10 Crores with Flexible Tenure upto 15 yearsTurn your surplus funds into security, for a better tomorrow