Overview

Open a Basic Savings Bank Deposit Account (BSBDA). No minimum balance required. Easy to open with just Aadhaar Card and PAN Card/Form No.60.

• The Basic Savings Bank Deposit Account (BSBDA) can be opened by any individual irrespective of his/her age or income.
• The BSBD Account can be opened without any initial deposit. No need to maintain minimum balance in this account.
• A regular savings bank account can be converted into BSBD Account at the request of the customer.
• Basic banking facilities like ATM-cum-Debit card is offered free of charge to the BSBD Account holders.
• There is no limit on the number of deposits made in a BSBD Account.
• BSBD Account holders are allowed a maximum of four withdrawals free of charge in a month including ATM withdrawals, transfers through RTGS/NEFT/clearing/internet debits/standing instructions/EMIs, etc.
• BSBD Account holders cannot have a regular savings bank account in the same bank