• ATM Toll Free No. 1800 532 7444 / 1800 123 6230 / 1800 833 1004
  • To Block ATM card - 81065 73542
  • Toll Free No. 1800 425 1191

Basic Savings Bank Account

Basic Savings Bank Account

This account can be opened by any individual provided he/she has valid KYC documents. Primarily meant for poorer sections of society to encourage them to start saving without any burden of charges or fees.


  • Available at all branches
  • Minimum balance amount Nil
  • Maximum balance /amount No upper limit
  • No Cheque Book facility available.
  • Withdrawals only using withdrawal form at Branches or through ATMs.
  • Basic Rupay ATM-cum-debit card will be issued.


  • All individuals having valid KYC documents are eligible to open BSBD Account.
  • Singly, jointly, or with Either or Survivor, Former or Survivor, anyone or Survivor etc. facility.

KYC requirement

  • The account will be KYC compliant

Most Important Terms & Conditions

  • The Customer cannot have any other Savings Bank Account, if he/she has a Basic Savings Bank Deposit Account. If the customer already has a Savings Bank Account, the same will have to be closed within 30 days of opening a Basic Savings Bank Deposit Account.
  • Maximum 6 cash withdrawals free of cost in a month, including ATM withdrawals at own and other Bank's ATMs, Cash withdrawal at Branch Channel, AEPS cash transactions.