Disclaimer

The content has been translated from the English version using indigenously developed Artificial Intelligence capabilities (Bhashini, developed by MeitY). In the event of any ambiguity or doubt, users are advised to refer to the original English content for clarification.

All information, materials, advice, suggestions, illustrations, notifications, circulars, and other items on this website are collectively referred to as the "Content."

Indian Bank assumes no responsibility for any errors, omissions, inaccuracies, or typographical mistakes that may appear in the Content. Indian Bank does not provide any warranty or representation regarding the Content and expressly disclaims all liabilities.

Any action taken by users on the basis of such Content shall be entirely at their own risk and responsibility.

Indian Bank reserves the right to modify, correct or update any part of the Content at any time.

No portion of the Content may be displayed or printed without prior written approval of Indian Bank.

As the translated Content has been generated using AI, we encourage suggestions for improvement.

Suggestions may be submitted at:
https://bhashini.gov.in/bhashadaan/en/home

Financial Result Icon

Savings Bank Account

Savings Bank Account

Savings Bank Accounts
ELIGIBILITY                                                  
  • Individual – Single Accounts
  • Two or more individuals – Joint Accounts
  • Illiterate persons
  • Blind persons
  •  Associations, Clubs.
  •  Trusts
  •  HUF
  •  Institutions/Agencies/ Societies/Government Departments specially permitted by RBI.
TYPE OF ACCOUNT
  • With/Without Cheque facility
MINIMUM BALANCE REQUIREMENT
  • NIL
MAXIMUM AMOUNT
  • No limit
NON- MAINTENANCE OF MINIMUM BALANCE
  • NIL
SALIENT FEATURES
  • 20 leaves free in a calendar year for cheque operated Savings Bank accounts.
  • Personalized cheque book.
  • Rupay ATM cards/ Debit cards provided free of cost.
  • 50 withdrawals permitted free per half year.
  • ECS/RTGS/NEFT facilities available.
  •  Demat, Locker & Credit card facility available
VALUE ADDITIONS
  • No TDS on interest earned on SB deposits.
  •  Nomination facility available
INTEREST RATE
  • Financial quarters on a daily product basis
  • Click Here and refer NOTICE-TO-PUBLIC-REVISION-OF-INT.-RATE-ON-SAVING-BANK-DEPOSITS
SERVICE CHARGES
  • As per latest service charges notification

 

( Last modified on Apr 17, 2026 at 09:04:28 PM )

ADYA
ADYA