Basic Savings Bank A/c Scheme

Truly this is “ No-Frills SB ACCOUNT”, – mainly launched for low income group people of the society, who are financially and economically backward.
The main idea behind the NO-FRILLS SB ACCOUNT is to make banking services available to low income group people who are unable to avail banking services and also who does not have proper KYC documents.

Terms and Conditions :-

  1. SB account can be opened with an initial deposit of Rs.10/-
  2. Amount can be withdrawn by withdrawal slip.
  3. No minimum balance charges.

Documentation for all above :

  1. Latest photograph of the applicant
  2. Pan card/60 no. form.
  3. Birth certificate in case of minor.

ID-Proof ( Any one of below : )

  1. Passport
  2. Driving License
  3. Aadhar Card
  4. Votors card

Address Proof : ( Any one of below )

  1. MSEB Bill
  2. Any Utility Bill ( Mobile bill, Gas Bill )
  3. Ration Card
  4. Aadhar Card
  5. Voters card
  6. Copy of Pension Payment Order