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Product Details
Bank Name
Jammu & Kashmir Bank Ltd.
Account Name
Basic Savings Bank Deposit Account
Account Type
Saving
Interest Rate
2.90%
Free Debit Card
Yes
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
0
Debit Card Charges
Free Debit card
NEFT Charges
Free through Net Banking
IMPS Charges
No Mention
Fees and Charges
Basic Savings Bank Deposit Account
76.5
Special Features
No minimum AMB required
Initial deposit of Rs 50/- or above
20 Cheque leaves free per year
Maximum four withdrawals allowed
"Basic Savings Bank Deposit Account" holders cannot open other savings bank deposit accounts.
Eligibility Criteria
Unemployed Youth, Students, Housewives, Small Shopkeepers, Vendors, Artisans etc.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
No AMB
Free Debit Card
Initial deposit- Rs. 50
Cons
Low interest rate of 2.90%
No mention of IMPS charges
"Basic Savings Bank Deposit Account" holders cannot open other savings bank deposit accounts.
Application Procedure
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Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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