Basic Savings Bank Deposit Account


  A basic savings account for routine transactions.
 
  Benefits
  Free physical monthly account statements and cheque book facility.
  No limit on the number of deposits that can be made in a month.
  Maximum account balance shall not exceed Rs. 50,000 at any time.
  Total credits to the account shall not exceed one lakh rupees in a year.
  4 complimentary withdrawals / transfers per month across all channels.
  Debits by way of cash withdrawals / transfers will not exceed Rs. 10,000 per month.
  Attractive interest rate.
 
  Requirements
  Initial deposit of Rs. 500 and no minimum balance requirement.