The North East Small Finance Bank (NESFB) Offers Basic Savings Bank Deposit Account (BSBDA) Small Account and Basic Savings Bank Deposit Account (BSBDA) which Includes primarily a Zero Balance Savings Account, Virtual Free Debit Card, NetBanking/MobileBanking Facilities, Interest Rate and Many More.

Table of Contents
Features of BSBDA – Small Accounts
1- Simple KYC Process.
Aim to outreach Maximum Low-Income Group Banks Reduced KYC Procedures.
2- No Minimum balance requirement to Maintained Bank Account.
3- No Charge will be Taken to open This BSBDA – Small Accounts.
4- Interest Rate on Savings Account is Maximum Up to 6% per annum.
5- Free RuPay Debit Card.
Benefits of BSBDA – Small Accounts
- Free Passbook.
- Free SMS Alerts for transactional activities.
- No charges on debit card issuance.
- No Debit Card Annual Charges.

Features of BSBDA with North East Small Finance Bank.
1- Zero Balance Basic Banking
2- No minimum Balance Requirement
3- Zero Account Opening Charges
4- Free RuPay Debit Card.
5- Interest Rate on Savings Account is Maximum Up to 6% per annum.
Benefits of BSBDA with North East Small Finance Bank
1- Unlimited Cash Deposits.
2- No Charges on Debit Card Issuance.
3- No Debit Card Annual charges.
4- Free PassBook.
5- Free SMS Alerts
How to Open in BSBDA – Small Accounts and BSBDA?
You can check the given below Steps that will help you to open BSBDA – Small Accounts and BSBDA.
Step-1 You can get a Call/Call Us.
Step2- You Can Visit Your Nearest Branch.
Points Need to remember for both in BSBDA – Small Accounts and BSBDA.
1-The Customer has mandatory to complete the full KYC process of your account within 12 months to continue using the account.
Simply complete the online application through the bank’s website without filling out any paper documents.
2-You can transfer Rs. 50,000 maximum balance in the account at any point of time.
3-You can maximum permissible total amount credit Rs 1,00,000 in the account per annum.
4- You can’t transfer more than Rs. 10,000 at any point of time.

About North East Small Finance Bank.
North East Small Finance Bank Limited is a Small Finance Bank in India. Reserve Bank of India approved a Banking license to North East Small Finance Bank on July 25, 2016. NE Small Finance Bank committed to putting a major contribution to achieve Financial Inclusion with the Reserve Bank of India.
North East Small Finance Bank offers Savings Account, Current Accounts, Loan Accounts, Debit Cards, and Many More.
The Aim of this Bank to provide Banking and Microfinance support to the Northeastern people, Small and Marginal farmers, Micro and Small industries.
Currently, Ms. Ruapali Kalita is CEO & Managing Director of North East Small Finance Bank. It’s Headquarters in Guwahati, Assam.
FAQ
- What is a BSBDA – Small Accounts and BSBDA?
This is a Basic Saving Bank Account with limited features. It’s Provides an Up to 6.0 % interest rate on the savings account balance, and Branchless Banking through Free online funds transfer using NEFT & RTGS, and Many more.
- Is this Zero Balance Maintenance of BSBDA – Small Accounts and BSBDA?
Definitely Yes.To Support Financial Inclusion in India
- What are the Eligibility Criteria to open the BSBDA Account?
Any Individual Should be a resident Indian citizen, above 18 years of age, have a PAN & Aadhaar linked with a phone number.
- Can I Open This BSBDA – Small Accounts and BSBDA without visiting the branch?
Definitely Not.
- Is this Mandatory to provide Aadhaar and PAN to Open This BSBDA – Small Accounts?
Definitely Not. You can talk to Banking Officer for more details as per mentioned information on the website. There are some limitation over the transactions for this type of Account.
You can’t transact Rs 10,000.00, Rs 50,000, and Rs 1,00,000 for a day, any point of time, and one year respectively
Foreign money transactions not offers in such accounts.
Your Review on North East Small Finance Bank Savings Account?