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Product Details
Bank Name

Bank of India

Account Name

Savings Bank Account General

Account Type

Saving

Interest Rate

Upto ₹ 1.00 lakhs -2.75 and above ₹ 1.00 lakhs - 2.90

Free Debit Card

Rupay NCMC

Savings Bank Account General
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

Average quarterly balance of Rs 500

Debit Card Charges

0

NEFT Charges

Free online

IMPS Charges

Free online

Fees and Charges

Savings Bank Account General

74
Special Features

No special feature.

Eligibility Criteria

All resident individuals (singly or jointly), Two or more individuals Joint Accounts, Hindu Undivided Families (HUF)

Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
  • Internet Banking/Mobile banking facility is available.

  • Free physical debit card for the first year.

Cons
  • Low interest rate.

  • Very few features.

Application Procedure

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Product Review
Account Opening and Procedure
How to open an Account?

Here's how to open a Savings Bank Account General with Bank of India:

1. Visit a Bank of India Branch:

  • Go to the nearest Bank of India branch during their business hours.

2. Obtain an Account Opening Form:

  • Request an account opening form from the bank representative.

  • You might also be able to download the form from the Bank of India website.

3. Fill out the Form:

  • Complete the account opening form accurately and legibly.

  • Provide all the required information, such as your name, address, contact details, and occupation.

4. Gather Necessary Documents:

  • Proof of Identity (any one):PAN Card (Mandatory)
    Aadhaar Card (Mandatory)
    Passport
    Voter ID card
    Driving License

  • Proof of Address (any one):Aadhaar Card
    Passport
    Voter ID card
    Utility bills (electricity, water, gas)

  • Photographs: Two passport-sized photographs

5. Submit the Form and Documents:

  • Submit the completed form and all the required documents to the bank representative.

6. Make an Initial Deposit:

  • You may be required to make an initial deposit to open the account. The minimum deposit amount may vary.

7. Receive Account Details:

  • Once your account is opened, you will receive your account number, passbook, and other relevant details.

Application Procedure
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