Under this scheme you can open a saving account whether it is an individual, 10 years old minor or above, minor under parents/guardian, an illiterate or a visually impaired person can also open a saving account under this scheme.
|Initial Balance Requirements||Zero|
|Cheque Book||Free cheque book of 20 leaves is issued every year. Thereafter for normal cheque book charges applicable.|
|of Transaction/Operation Permitted||· No limit for deposit.
· Four transactions are permitted for free in a month.
|ATM/Debit Card Facility||ATM and Debit Card facilities are free of cost.|
|Non-Operation of Basic Saving Account||No charges are applicable for the non-operation of basic saving account.|
|Nomination Facility||Nomination Facility is available as per normal rules.|
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