• Credit Cards
  • Zero Balance Accounts
  • Insurance
  • Loans
    • Auto Loan
    • Home Loan
    • Personal Loan
  • Trading
    • Demat Account
  • More
    • Crypto
    • Stories Bytes
    • Guides
Sign in
Welcome!Log into your account
Forgot your password?
Password recovery
Recover your password
Search
Thursday, March 23, 2023
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Sitemap
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Credit Yatra | Simplifying Digital Onboarding Needs!
  • Credit Cards
  • Zero Balance Accounts
  • Insurance
  • Loans
    • Auto Loan
    • Home Loan
    • Personal Loan
  • Trading
    • Demat Account
  • More
    • Crypto
    • Stories Bytes
    • Guides

North East Small Finance Bank Zero Balance Savings Account, Features, Interest Rates

March 31, 2021

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.

Zero Balance Savings Account with North East Small Finance Bank.
Zero Balance Savings Account with North East Small Finance Bank.

Table of Contents

  • Features of BSBDA – Small Accounts
    • Features of BSBDA with North East Small Finance Bank.
  • Benefits of BSBDA with North East Small Finance Bank
      • How to Open in BSBDA – Small Accounts and BSBDA?
  • Points Need to remember for both in BSBDA – Small Accounts and BSBDA.
      • FAQ

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

  1. Free Passbook.
  2. Free SMS Alerts for transactional activities.
  3. No charges on debit card issuance.
  4. No Debit Card Annual Charges.
Zero Balance Savings Account with North East Small Finance Bank.
Zero Balance Savings Account with North East Small Finance Bank.

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.

Zero Balance Savings Account with North East Small Finance Bank.
Zero Balance Savings Account with North East Small Finance Bank.

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
  1. 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.

  1. Is this Zero Balance Maintenance of BSBDA – Small Accounts and BSBDA?

Definitely Yes.To Support Financial Inclusion in India

  1. 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.

  1. Can I Open This BSBDA – Small Accounts and BSBDA without visiting the branch?

Definitely Not.

  1. 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?

Name
Comment
join telegram group Credit Yatra
Previous articleJana Small Finance Bank Zero Balance Savings Account, Features, Interest Rates
Next articleSuryoday Small Finance Bank Zero Balance Savings Account, Features, Interest Rates
Editor

RELATED ARTICLESMORE FROM AUTHOR

SBI Is Offering Loan For Covid-19 Treatment At Lowest Interest Rate credityatra

SBI Is Offering Loan For Covid-19 Treatment At ‘Lowest’ Interest Rate; Details Here

How Did Nikhil Kamath Defeat Chess Champion Vishwanathan Anand In A Charity Game?

Did You Know This Character From Show Scam1992 Is Now India’s 54th Richest Person?

Sign Up for CY News Letter

upstox referral
angel broking referral

Recent Posts

  • This 65-year-old farmer has grown 3 thousand types of medicinal plants
  • Came to bees after studying at IIM, Now started the campaign to save the environment
  • No fancy camera, no setup, but 17 year old Shriram is breaking all stereotypes with his pictures
  • Brands That Changed Their Packaging Design For Social Cause
  • Air India returns to Tata after 67 years – Rs 18,000 crore auction
Credit Yatra promises to be a fair and objective portal, where readers can find the best business information, credit cards, bank loans, free credit scores etc. Designed and managed by CultNerds IT Solutions
Contact us: contact @ credityatra.com

POPULAR POSTS

bandhan-bank

Bandhan Bank Zero Balance Savings Account, Features, Interest Rates

March 30, 2021
Zero Balance Saving Account with Karnataka Bank

Karnataka Bank Zero Balance Savings Account, Features, Interest Rates

March 31, 2021
Groww Demat and Trading Account Open Online

Groww Demat and Trading Account Open Online – Opening Procedure, Forms...

April 11, 2021

POPULAR CATEGORY

  • Interesting151
  • News76
  • Guides58
  • Trading40
  • Investment36
  • Banks33
  • Demat Account27
  • List24
  • StartUp21
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Sitemap
© 2021 . Credit Yatra