Essential Banking Made Simple

Your gateway to financial inclusion

Our Basic Savings Bank Deposit Account (BSBDA) provides essential banking services to all segments of society without the burden of minimum balance requirements. It offers a secure and reliable way to manage your money, providing peace of mind and access to modern banking facilities. This account is an ideal choice for individuals seeking a streamlined banking experience focused on fundamental savings and essential minimum monthly transactions.

  • Personal Service
    Personal Service

    People-centric Banking

  • Free Insurance
    Free Insurance

    Life & Accident Cover

  • Digital Services
    Digital Services

    Mobile Banking, UPI

  • Debit Card
    Debit Card

    Rupay Classic, Platinum

  • No requirement to maintain any minimum or average balance in the account.

  • Easy enrollment in PMJJBY (Life Insurance) and PMSBY (Personal Accident Insurance) schemes.

  • Full access to Nexa Mobile Banking, Net Banking, and UPI transactions.

  • Full access to Mobile Banking and Net Banking for easy fund management.

  • Receive a basic Rupay Debit Card with nil annual maintenance charges.

  • Access to a simplified banking experience designed to promote healthy saving habits.

  • Four transactions per month (including balance enquiry).

  • Option to receive Government subsidies and Direct Benefit Transfers (DBT) directly into your account.

  • Resident Individuals (Singly or Jointly)

  • One latest passport size photograph.

  • Any one of - Aadhaar Card, Voter’s ID, Driving License, Passport, Job Card issued under MGNREGA or the new Viksit Bharat-G RAM G Act, Letter issued by the National Population Registrar.

  • PAN Card or Form 60.

  • Is there a minimum balance for this account?
    No, this is a Zero Balance account with no minimum balance requirement.
  • Can I have a regular Savings Account and a Basic Account?
  • No, as per RBI guidelines, you cannot hold a regular Savings Account if you have a Basic Savings Account with the same bank.
  • Are there any charges for a Debit Card?
  • The Rupay Debit Card is provided with nil annual fees.
  • How many withdrawals are allowed?
  • You are entitled to a maximum of four withdrawals in a month, including ATM withdrawals.
  • Is a cheque book provided?
  • Cheque book is not provided.

  • Minimum Balance: NIL.

  • Passbook Charges: NIL.

  • Debit Card Annual Fee: NIL 

  • Account Closure Charges: NIL