Personal BankingAccounts & DepositsSavings AccountBasic Savings Bank Deposit Account

Eligibility Individuals in their own name or in joint names of family members
Branches authorized to open the accounts All branches except specialized branches
KYC Norms


All our Basic SB accounts should be fully KYC complied accounts.
Basic SB accounts can be opened with an OVD (Officially Valid Document) along with PAN Card / Form 60.
Following are the list of OVDs used for Account opening:
• Passport (Check validity)
• Aadhaar
• Driving License (Check validity)
• Voter's Identity Card issued by Election Commission of India
• Job card issued by NREGA duly signed by an officer of the State Government.
• Letter issued by the National Population Register containing details of name and address.


Minimum balance for opening the account Zero


While there will be no limit on the number of deposits that can be made in a month, maximum number of withdrawals in a month, including ATM withdrawals is restricted to 4.If exceeded, Rs.20/- plus service tax per transaction will be charged.


Minors' Account Minors Account represented by F&G /Natural Guardian is permitted
Issue of Cheque books Cheque Book will be issued only on request basis @ Rs3/- per leaf.
ATM-cum-Debit Card Yes. Free of cost without AMC for Basic Card variant.
Internet Banking / Mobile banking Customer can avail Internet Banking / Mobile banking.
Immediate credit of out station cheques No.
Collection of outstation cheques Permitted. Usual collection charges applicable
Conversion to regular SB accounts Permitted on obtaining request and remittance of minimum required balance.
Other conditions


The holders of ‘Basic Savings Bank Deposit Account’ will not be eligible for opening any other savings bank deposit account in the same bank.
If a customer has any other existing savings bank account with our bank, he/she will be required to close the account before opening a ‘Basic Savings Bank Deposit Account’. Further, before opening a BSBD Account, customer to give a declaration stating that he/ she is not having a BSBD Account in any other bank.