Product Details
Bank Name
Central Bank of India
Account Name
Cent Bachat Khata
Account Type
Saving
Interest Rate
At present up to Rs 10.00 lacs 2.90 % p.a. and above Rs.10 lacs 2.75 % p.a.
Free Debit Card
Not specified by the bank.
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
Rs.50
Debit Card Charges
Not specified by the bank.
NEFT Charges
Free online
IMPS Charges
Free online
Fees and Charges
Cent Bachat Khata
Special Features
None
Eligibility Criteria
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
No service charges for non-maintenance of the minimum balance.
50 withdrawals per year free of charge.
Nomination facility is available.
One chequebook is issued free of cost every year.
There is no limit for credit transactions.
Cons
Low intreast rate.
Very few features.
Application Procedure
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Product Review
Account Opening and Procedure
How to open an Account?
Methods to Open an Account:
Visiting a Branch:
The traditional method involves going to your nearest Central Bank of India branch.
You'll need to fill out an account opening form and submit the required documents.Online Account Opening:
Central Bank of India is offering online account opening facilities, including Video KYC based account opening. This allows for a more streamlined process.This option is available through the banks website.