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उत्पाद विवरण
बैंक का नाम

State Bank Of India

खाता नाम

SBI Basic Savings Bank Deposit Small Account

खाते का प्रकार

Savings

ब्याज दर

Balances less than Rs. 10 Crore - 2.70% p.a.
Balances Rs. 10 Crore & Above - 3.00% p.a.

निःशुल्क डेबिट कार्ड

Basic Rupay ATM-cum-debit card will be issued.

SBI Basic Savings Bank Deposit Small Account
खाता खोलने का शुल्क

0

वार्षिक रखरखाव शुल्क

Nil

Minimum Account Balance

Minimum balance amount is NIL

डेबिट कार्ड शुल्क

Nil

एनईएफटी शुल्क

Nil

आईएमपीएस शुल्क

Nil

फीस और शुल्क

SBI Basic Savings Bank Deposit Small Account

75.4
विशेष लक्षण
Primarily meant for poorer sections of society to encourage them to start saving without any burden of charges or fees.
पात्रता मापदंड

  • All individuals/Central/State Govt Departments (if eligible to open SB accounts) such as: Govt depts. /bodies/agencies in respect of grants, subsidies released for implementation of various programmes/schemes sponsored by Central Government/State Governments subject to production of an authorisation from the respective Govt depts to open Savings Bank account. Development of Women and Children in Rural areas Self-help Groups, etc. Mode of Operation : Single/Jointly/Either or survivor/ Former or survivor, Later or survivor, etc

फ़ायदे
विशेषताएं, पात्रता और लाभ
पक्ष विपक्ष
पेशेवरों

  • Minimum balance amount is NIL.

  • Annual maintenance fee is nil. 

  • Fee for most of the services is nil such as cash withdrawal, fund transfer (up to a limit).

  • The account can be opened even if the KYC document are not there. 

दोष

  • Balance at any point of time should not exceed Rs 50,000/-. 

  • Aggregate of all withdrawals and transfers in a month should not exceed Rs 10,000/-. 

  • Aggregate of all credits in a Financial Year should not exceed Rs. 1.00 lac.

  • Maximum 4 withdrawals in a month, including ATM withdrawals at own and other Bank's ATMs and transactions through other mode including RTGS/NEFT/Clearing/Branch cash withdrawal/transfer/internet debits/standing instructions/EMI, etc.

  •  No further customer debits would be allowed during the month.

SBI Basic Savings Bank Deposit Small Account

The account has low interest rate, and offers minimal value add benefits. The account has been created by SBI for individuals from the disadvantageous section of the society who may not have KYC documents. The account comes with a lot of restrictions in relation to deposit and withdrawal of cash in order to prevent misuse of the 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

उत्पाद समीक्षा
खाता खोलने की प्रक्रिया और प्रक्रिया
How to open an Account?

The SBI Basic Savings Bank Deposit Small Account is designed to cater to the financial needs of individuals who may not have all the necessary KYC documents. Here's how you can open one:

Eligibility:

  • Individuals above 18 years of age.

  • Individuals who do not have Officially Valid Documents (OVDs) for full KYC compliance.

Documents Required:

  • Proof of Identity: Any one of the following:Aadhaar Card
    Voter ID Card
    Passport
    Driving License

  • Proof of Residence: Any one of the following:Voter ID Card
    Utility bills (not older than 2 months)
    Ration card
    Passport
    Driving License

Steps to Open an SBI BSBD Small Account:

  1. Visit your nearest SBI branch: Collect the account opening form.

  2. Fill out the form: Provide accurate information as requested.

  3. Submit the form and required documents: The bank official will verify your documents.

  4. Account Activation: Once your application is processed, your BSBD Small Account will be activated.

आवेदन की प्रक्रिया
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