FEATURES & BENEFITS:

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  • Free cheque Book facility – subject to minimum balance maintenance.
  • Free ATM Card.
  • Withdrawals and Balance Enquiry from ATMs NPCI network.
  • Anywhere Banking on CBS Platform - This facility entitles the account holder to withdraw or deposit cash, deposit of clearing cheques, at Mumbai, Hyderabad and Aluva.
  • Standing Instructions for regular / periodic payment of bills, transfer of funds to other banks, institutions, conversion to fixed deposit etc.
  • Interest is payable half-yearly as per the norms of the bank.

MINIMUM BALANCE *:

Type of Account Average Balance per Quarter
Savings Account Rs. 5000/-

NOMINATION:

  • Nomination facility available.
  • There can be only one Nominee for a deposit account whether held singly or jointly.
  • A person legally empowered to operate a minor's account can file a nomination on behalf of the minor.
  • The nomination details can be changed during the subsistence of the account relationship by filling up the prescribed form.
  • For more details Contact BBK Branches.

ELIGIBILITY & OPERATIONS:

The following are eligible to open a Regular Savings account

  • Resident Indians (Jointly with Resident / Non- Resident).
  • Hindu Undivided Families.
  • Associations / Clubs / Trusts / Societies / Charitable Institution.

ACCOUNT OPERATION:

The following are eligible to open a Regular Savings account

  • A minimum deposit of Rs.1,000/- is required to open an account and thereafter a minimum balance of Rs.5000/- per Quarter to be maintained.

DOCUMENTATION:

Applicants must satisfy the following documentation requirements

  • Identity proof.
  • Proof of address.
  • Self cheque / Cheques.
  • 2 Passport size photos
Identity Proof(Any one of the following) Proof of Address(Any one of the following)
Driving License – Book type or laminated & embossed Latest Electricity Bill
Voter Identity Card Domicile Certificate with communication address and photograph
Employee Identity Card Original Letter from Employer certifying the residential address of applicant. Signature of the employee has to be attested on the letter.
PAN Card Telephone bills from any telephone service providers.
Photo Identity card issued by Public Sector Undertakings(PSU) to Retired employees Aadhar card
Accepted as both Identity and Address proof (Any one of the following)
Valid Passport
Photo Social Security Card (Smart Card) issued by Central/State Govts or Union territories.

Note : Mandatory to provide Permanent address and telephone number.

FEES & CHARGES FOR SAVING ACCOUNT:

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