Savings Bank Account - FAQs
Savings accounts are ideal for keeping emergency money or money for daily expenses that you might need at a later date.
Sat, 2 May, 2020 at 5:33 PM
Savings accounts can used opened by Individuals, HUFs, Housing Societies, Trusts, Associations and Clubs.
Mon, 4 May, 2020 at 5:07 PM
You will get the highly personalized customer service, access to your account on Mobile Banking app ‘Nexa’, Netbanking facility, International Debit Card f...
Fri, 22 May, 2020 at 2:46 PM
Apart from the regular savings accounts, following are some of the other types of savings accounts available at banks in India: Joint Account: This is a s...
Mon, 4 May, 2020 at 5:21 PM
Submit any one of the following documents showing your current residential address. Passport, Driving licence, proof of possession of Aadhaar number, V...
Mon, 4 May, 2020 at 5:29 PM
There are no restrictions imposed with regard to age or income of an individual at the time of opening a savings account. Proof of age is required in case o...
Mon, 4 May, 2020 at 5:38 PM
The minimum opening balance for a regular savings account Rs.1000 in metro cities and it is Rs.500 in non-metro cities.
Mon, 4 May, 2020 at 5:41 PM
The rate at which interest is calculated in a savings account is usually in the range of 4%–7% per annum. Please refer to the schedule of service charges on...
Mon, 4 May, 2020 at 5:44 PM
Interest earned on your Savings Account balance is credited to your account on a half yearly basis.
Mon, 4 May, 2020 at 5:46 PM
The following modes of operations are available in jointly operated accounts. Either or Survivor, Former or Survivor, Anyone or Survivor, Jointly by all.
Mon, 4 May, 2020 at 5:48 PM