Suvidha Savings Account

Eligibility:

1. Individuals including Minor by guardian. (Customer should not have any other form of Savings Bank account with the Bank)

Initial Deposit & Minimum Average Quarterly Balance: 

1. NIL

Rate of interest:

 2.80% p.a. w.e.f. 1st November 2025

Special Facilities/Features:

1. Cheque book facility will be provided as applicable to regular Savings Account.
2. No AMC on Visa/ Rupay Debit Card.
3. First 5 financial transactions per month are free at our banks ATM. Thereafter Rs.10/- +GST per financial transaction. Non-Financial ATM transactions are free.
4. The existing intra-day cash limits for ATM cash withdrawals i.e. Rs.25000/- per day.
5. Standing instructions facility will be provided as applicable to Regular Savings Account.
6. Facility of Any Branch Banking will be allowed under this scheme.
7. Internet Banking and Mobile Banking will be provided free of cost to the customer.
8. NEFT/RTGS online transactions are free.
9. No Cash handling charges (Deposit of cash)
10. No charges on receipt of money through any electronic channel or deposit / collection of cheques.
11. Passbook or monthly statement of account in lieu of passbook, either in print or by email, as per request of the account holder. Further, issuance of a continuation passbook, on exhaustion of the pages in the previous passbook, will not attract any charge.

Service Charges/Penalty:

1. No minimum balance charges applicable.
2. No limit on the number of credit transaction during a month.
3. Maximum of 4 debit transactions are allowed per month free of charge to the customer together for cash withdrawals at branch. Thereafter, Cash Withdrawal at branch will be charged at Rs.10/- per transaction.
4. Digital payment transactions excluding ATM transactions, i.e., Point of Sale transfers, NEFT, RTGS, UPI, IMPS, etc., will not be counted in free withdrawal transactions.
5. No charges will be applicable for non-operation of account or activation of inoperative account.

Other Rules:

1. KYC norms as applicable to Regular Savings Account as per KYC-AML Policy of the Bank will be applicable.
2. Holders of Suvidha Savings Account will not be eligible for opening any other savings bank deposit account with our Bank.
3.If a customer has any other existing savings bank deposit account in our Bank, then he/she will not be allowed to open Suvidha Savings Account with our bank. In case he desires to have a Suvidha Savings Account then his earlier account has to be closed. This restriction is applicable in case of existing Joint Account also.

Documents:

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