Product Details
Bank Name
Jana Small Finance Bank
Account Name
Jana Basic Savings Bank Deposit Account
Account Type
Saving
Interest Rate
Upto 1 Lakh: 2.5%. Between 1 and 5 Lakh: 5%. Above 5 Lakhs and upto 10 Lakh: 6.5%.Above 10 Lakhs and upto 10 Crore: 7.5%.
Free Debit Card
Yes.
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Account Opening Fees
0
Annual Maintenance Fees
Nil.
Minimum Account Balance
Nil
Debit Card Charges
Nil.
NEFT Charges
Free
IMPS Charges
Nil
Fees and Charges
Jana Basic Savings Bank Deposit Account
Special Features
High interest rate
Eligibility Criteria
Indian resident.
Age should be a minimum of 18.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
High interest rate.
Zero balance account.
Cons
Few value-add features.
Jana Bank has limited ATM and branch network.
Jana Basic Savings Bank Deposit Account Review
The account offers basic banking services. The account comes with a high interest rate. Overall it is a good basic banking account.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Account Opening and Procedure
How to open an Account?
To open a Jana Basic Savings Bank Deposit Account (BSBDA), you can follow these general steps:
1. Visit a Jana Small Finance Bank Branch:
Locate the nearest branch to your residence.
Request an account opening form for the BSBDA.
2. Fill Out the Application Form:
Provide accurate information in the application form, including your personal details, contact information, and occupation.
3. Submit Required Documents:* Note: The specific requirements may vary slightly. You might need to provide: * Proof of Identity (Optional): While not always mandatory, it's recommended to provide any available identification, such as Aadhaar Card, Voter ID, Driving License, or Passport. * Proof of Address (Optional): Similarly, provide any available proof of address, such as Aadhaar Card, Voter ID, Driving License, Passport, or utility bills.
4. Account Opening Procedure:
The bank representative will guide you through the account opening process.
You may need to provide your signature and other necessary details.