Basic Savings Bank Deposit Account (Small)

This product is for customers belonging to Lower strata of 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

Zero Balance Savings Account
Free RuPay Card facility to access your account.
Every account holder is given the Passbook facility.
You can benefit from our Four Free transaction per month at all branches.
Added benefits include a shopping limit of 10,000 per month. And, a withdrawal limit of 10,000 per month from any ATM.

Interest Rate on Domestic Savings:

Balance in Rs.	Rate of Interest
Balance in Rs.	Rate of Interest
Balance Upto Rs. 25 Lakhs	7.00% p.a.
Incremental balance Above Rs. 25 Lakhs to Rs. 10 Crores	7.25% p.a.
Incremental Balance Above Rs. 10 Crores	7.75% p.a.

* Conditions Apply

Schedule of Charges: Basic Savings Bank Account - Small

AQB Requirements

AQB Non-Maintenance Charges

Nill

(The balance at any point of time should not exceed 50,000/-)

Nill

Debit Card	Rupay Card- Classic
Card Fees	Issuance Fee (Primary Holder): Free Annual Fee (Primary Holder): Free
Withdrawal Limit	ATM 10,000/- per day
Per Transaction Limits	10,000/- (own Bank ATM) 10,000/- (other Bank ATM)
Shopping Limit	POS 10,000/- per day
Per Transaction Limits	POS 10,000/-
ATM Transactions	Unlimited Free transactions
Other ATM Card Charges	PIN Regeneration Charges – NIL (Green Pin) Card Replacement Charges - 150/-

Service Type

Free limit

Charges Beyond Free Limit

Cash Deposit Transactions

Upto 50,000/- 4 Transactions (whichever is earlier);

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.

Not Applicable

Chequebook

Not Applicable

DD/PO transactions

Demand Drafts Payable on own Bank locations:
Upto 2,000/- 20/-
Above 2,001/- upto 10,000/- 50/-

Payable at corresponding bank locations:

1/- per thousand, min 25/- DD + Correspondent Bank charges
Revalidation - Free

Duplicate DD:

Upto 2,000/- 20/-

Above 2,001/- upto 10,000/- 50/-
Cancellation: 100/-

For complete details on Fees and Charges, please click here

Benefits

Fees And Charges

Schedule of Charges: Basic Savings Bank Account - Small

AQB Requirements

AQB Non-Maintenance Charges

Nill

(The balance at any point of time should not exceed 50,000/-)

Nill

Debit Card	Rupay Card- Classic
Card Fees	Issuance Fee (Primary Holder): Free Annual Fee (Primary Holder): Free
Withdrawal Limit	ATM 10,000/- per day
Per Transaction Limits	10,000/- (own Bank ATM) 10,000/- (other Bank ATM)
Shopping Limit	POS 10,000/- per day
Per Transaction Limits	POS 10,000/-
ATM Transactions	Unlimited Free transactions
Other ATM Card Charges	PIN Regeneration Charges – NIL (Green Pin) Card Replacement Charges - 150/-

Service Type

Free limit

Charges Beyond Free Limit

Cash Deposit Transactions

Upto 50,000/- 4 Transactions (whichever is earlier);

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.

Not Applicable

Chequebook

Not Applicable

DD/PO transactions

Demand Drafts Payable on own Bank locations:
Upto 2,000/- 20/-
Above 2,001/- upto 10,000/- 50/-

Payable at corresponding bank locations:

1/- per thousand, min 25/- DD + Correspondent Bank charges
Revalidation - Free

Duplicate DD:

Upto 2,000/- 20/-

Above 2,001/- upto 10,000/- 50/-
Cancellation: 100/-

For complete details on Fees and Charges, please click here