Basic Savings Bank Dep Small Account(BSBDA-Small)

This product is for customers belonging to the economically weaker section of the society, who do not have proper KYC documents. With a Zero average balance requirement, it is targeted towards bringing unbanked population under banking segment.

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Benefits
Fees And Charges

No Minimum Balance required
A Classic Rupay debit card is offered with no annual maintenance charges for the first year
Free unlimited domestic cash withdrawals at all ATMs
Access to Internet Banking
Passbook Facilities for all Account Holders
Interest Rate on Domestic Savings *:

Balance in	Rate of Interest w.e.f October 1, 2021
Balance in	Rate of Interest w.e.f October 1, 2021
Balance Upto 50,000	3.75% p.a.

* Terms & Conditions

	Basic Savings Bank Deposit Account (BSBDA)
	Average Balance Requirements	Basic Savings Bank Deposit Small Account (BSBDA- Small)
	Average Balance Requirements	AQB
	Metro & Urban Branches	Nil ( The balance at any point of time should not exceed 50,000/-)
	Semi-Urban & Rural Branches
	Chages for Non-Maintenance	Nil
	Branch Cash Transactions
	Cash Deposit Transactions- Free limits/month	Up to 50,000/-, The aggregate of all withdrawals and transfers in a month should not exceed 10,000/- The aggregate of all credits in a financial year should not exceed 1 lakh.
	Charges Beyond Free Limit	Not Applicable
	Cash Withdrawal - Free limits/month	Unlimited
	Cash Withdrawal charges beyond free limit	Not Applicable
	DD/PO Issuance
	Demand Drafts Payable on own Bank Locations	Upto 2,000/- 20/- Above 2,000/- upto 10,000/- 50/-
	Demand Drafts Payable at Correspondent Bank Locations	1/- per thousand, min 25/DD + Correspondent Bank charges
	Revalidation	Free
	Duplicate DD Issuance	Upto 2,000/- 20/- Above 2,000/- upto 10,000/- 50/-
	DD/PO Cancellation	100/-
	Cheque Issuance/ Collection Charges
	Free Leaves	Not Available
	Charges Beyond Free Limit	Not Available
	Outstation Cheque Collection Fees	Upto & Including 5,000/- 25/- per cheque Above 5,000/- upto 10,000/- 50/- per cheque “(plus other bank charges, if applicable)”
	Cheque Return Charges (Outward and Inward)	200/- per cheque
	NEFT/RTGS/IMPS transactions (Online)
	RTGS Outward	Not Available
	NEFT Outward	Free
	IMPS Payments	Upto 10,000/- 5/-
	Phone/Mobile Banking
	Phone Banking	Free
	SMS Alerts	Free
	Doorstep Banking Services
	Cash Pickup Charges (within city limits with a radius of 5 km from base branch)	Not Available
	Cheque Pickup Charges (within city limits with a radius of 5 km from base branch)	Not Available
	Other Charges
	Quarterly Physical Statements	Free
	Email Statements	Not Available
	Stop Payment Instructions	Not Applicable
	Signature, Address and Photo attestation	Free
	Duplicate Interest & Balance Certificate Issuance Charge	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, please click here

Benefits
1. No Minimum Balance required
2. A Classic Rupay debit card is offered with no annual maintenance charges for the first year
3. Free unlimited domestic cash withdrawals at all ATMs
4. Access to Internet Banking
5. Passbook Facilities for all Account Holders
6. Interest Rate on Domestic Savings *:
Balance in

Rate of Interest w.e.f October 1, 2021

Balance Upto 50,000

3.75% p.a.

* Terms & Conditions

Fees And Charges

	Basic Savings Bank Deposit Account (BSBDA)
	Average Balance Requirements	Basic Savings Bank Deposit Small Account (BSBDA- Small)
	Average Balance Requirements	AQB
	Metro & Urban Branches	Nil ( The balance at any point of time should not exceed 50,000/-)
	Semi-Urban & Rural Branches
	Chages for Non-Maintenance	Nil
	Branch Cash Transactions
	Cash Deposit Transactions- Free limits/month	Up to 50,000/-, The aggregate of all withdrawals and transfers in a month should not exceed 10,000/- The aggregate of all credits in a financial year should not exceed 1 lakh.
	Charges Beyond Free Limit	Not Applicable
	Cash Withdrawal - Free limits/month	Unlimited
	Cash Withdrawal charges beyond free limit	Not Applicable
	DD/PO Issuance
	Demand Drafts Payable on own Bank Locations	Upto 2,000/- 20/- Above 2,000/- upto 10,000/- 50/-
	Demand Drafts Payable at Correspondent Bank Locations	1/- per thousand, min 25/DD + Correspondent Bank charges
	Revalidation	Free
	Duplicate DD Issuance	Upto 2,000/- 20/- Above 2,000/- upto 10,000/- 50/-
	DD/PO Cancellation	100/-
	Cheque Issuance/ Collection Charges
	Free Leaves	Not Available
	Charges Beyond Free Limit	Not Available
	Outstation Cheque Collection Fees	Upto & Including 5,000/- 25/- per cheque Above 5,000/- upto 10,000/- 50/- per cheque “(plus other bank charges, if applicable)”
	Cheque Return Charges (Outward and Inward)	200/- per cheque
	NEFT/RTGS/IMPS transactions (Online)
	RTGS Outward	Not Available
	NEFT Outward	Free
	IMPS Payments	Upto 10,000/- 5/-
	Phone/Mobile Banking
	Phone Banking	Free
	SMS Alerts	Free
	Doorstep Banking Services
	Cash Pickup Charges (within city limits with a radius of 5 km from base branch)	Not Available
	Cheque Pickup Charges (within city limits with a radius of 5 km from base branch)	Not Available
	Other Charges
	Quarterly Physical Statements	Free
	Email Statements	Not Available
	Stop Payment Instructions	Not Applicable
	Signature, Address and Photo attestation	Free
	Duplicate Interest & Balance Certificate Issuance Charge	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, please click here