Basic Savings Bank Deposit Account (BSBDA)

Basic Savings Bank Deposit Account (BSBDA) is a Zero Balance Savings Account that takes care of your simple banking needs with Free ATM card, monthly statement, and cheque book.

Feature and Benefits

No Minimum balance required 
Rupay Classic Debit Card 
20 free cheque leaves per annum
Account view facility on Fednet (Internet Banking)
Minimum of free four withdrawals in a month, including ATM withdrawals
Aadhaar based credit of subsidy/government benefits are free of charge.
Free cheque collection (restricted to funding of subsidies and financial aid/grants from central/state government, government agencies, etc). Other bank charges will not be reimbursed. Collection of other cheques as per the normal service charges applicable. 
Free Internet banking
Free Mobile banking
Note: The holders of BSBD Account will not be eligible for opening any other savings bank deposit account in that bank. If a customer has any other existing savings bank deposit account in that bank, he / she will be required to close it within 30 days from the date of opening a BSBD Account. Further, before opening a BSBD account, a bank should take a declaration from the customer that he / she is not having a BSBD account in any other bank.

How to apply ?

For opening the account, please download the account opening form. Duly filled account opening forms shall be submitted to your branch of choice along with the documents.

Documents Required

KYC Documents (Any one address proof and identity proof)

Document Identity Proof Address Proof
Passport Yes Yes
Driving Licence Yes Yes
Voter's Identity Card Yes Yes
Aadhaar Yes Yes
Job card by NREGA duly signed by an officer of the State Government Yes Yes
Permanent Account Number (PAN) card Yes No
Recent photograph

Two copies of recent passport size photograph

Rates & Charges

Please visit the Rates & Charges page for Savings bank interest rate. 
For Service charges and fees, please click here. 

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