Basic Savings Bank Deposit Account - Personal Banking

KYC Requirement

• BSBD account can be opened at Branch or through Business Correspondent channel (Customer service points) with Officially Valid Documents for KYC (Know your customer guidelines). However, the account opening at CSPs (Customer service points) is carried out through Aadhaar based e-KYC process only.

Features

The undermentioned facilities are offered free of charge for BSBD a/c:

• Deposit of cash.
• Receipt of money through any electronic channel or deposit / collection of cheques.
• No limit on number and value of deposits that can be made in a month.
• RuPay ATM-cum-Debit card, Basic (PMJDY) variant, will be issued free of cost and no annual maintenance charge will be applied on Basic Rupay Card variant.
• Cheque book with minimum 25 cheque leaves per year *
• Internet and mobile banking facility through YONO application*
• Passbook or monthly statement of account in lieu of passbook
• Issuance of a continuation passbook, on exhaustion of the pages in the previous passbook.
• Four cash withdrawals, through any mode (Branch, ATM, BC agent, etc.), in a month.

*Customers onboarded through the Business Correspondent channel (CSPs) may avail cheque book and internet/mobile banking facilities through Branches only.