Simplicity is the ultimate sophistication
Any individual can open a BSBDA Small Savings Bank Account with simplified KYC documents in accordance with Bank policy
Features
- Zero balance account with no minimum balance requirement.
- All facilities of normal savings bank account other than Cheque book
- Total debits by way of Cash withdrawals & transfers should not exceed Rs.10,000/- per month
- Total credits in the account should not exceed Rs. 1,00,000/- in a year
- Maximum balance in account should not exceed Rs.50,000/- at any time.