Utkarsh Small Finance Bank Offers Bank Deposit Account (BSBDA) Small Account and Basic Savings Bank Deposit Account (BSBDA) That Includes Zero Balance Account, Interest Rate, Free Debit Card, NetBanking/MobileBanking Facilities, and much more.
Features of Bank Deposit Account (BSBDA) Small Account.
- Zero Balance Savings Account.
You will be totally tensioned free about maintaining the average balance maintenances charges in your account.
- Interest Rate Up to 5.0%
You will get an interest rate of up to 5.0% p.a. on Your Domestic Savings.
- Free Debit Card Facilities.
This Debit Card will help in online transactions, other payment gateways, and many ways to make your transaction is easy.
- Access to Internet Banking
You can pay your bills online through NEFT/IMPS/RTGS.
Benefits of Bank Deposit Account (BSBDA) Small Account.
- Access and Unlimited ATM access (own/other) Bank.
This is a very special feature of this bank because many banks don’t allow unlimited to another bank.
- Passbook of your savings account.
You will get an update on your banking transaction history.
Features of Basic Savings Bank Deposit Account.
- Zero Savings Account.
You don’t fear to pressure of maintaining the average balance maintenances charges once you get open this account.
- Interest Rate Up to 7.25%
Higher Interest rates Up to 7.25% on Domestic Savings.
- Free Debit Card Facilities.
This Debit Card makes you enable to start your digital transactions journey like online shopping, ATM transfer balance, Other payment gateways, and many ways.
- Access to Internet Banking
This makes your digital transactions easy and secure through NEFT/IMPS/RTGS.
Benefits of Bank Deposit Account (BSBDA) Small Account.
- Passbook Facilities for all Account Holders.
Stay updated with banking transactions.
- Access and unlimited ATM access (own/other) Bank.
You can complete unlimited ATM transactions with Utkarsh and other banks as well.
What Are The Eligibility Criteria for Bank Deposit Account (BSBDA) Small Account and Basic Savings Bank Deposit Account (BSBDA)?
1- Any Indian Individuals having Indian citizenship.
2- Aadhaar Linked Mobile Number, Aadhaar Number, and Pan Card Number.
3- Passport size photograph and Proof of Age.
How to open a Bank Deposit Account (BSBDA) Small Account and Basic Savings Bank Deposit Account (BSBDA)?
Any Eligible applicant can follow the steps given below.
Step 1: First you have to visit the official website of Utkarsh Small Finance Bank.
Step 2: You can select to ‘Accounts & Deposits’ options click on the savings account to apply for.
Step 3: Fill in the required details as i mentioned.
Step 4: Enter OTP to request a call back from Utkarsh Small Finance Bank customer executive.
Things to Remember in Bank Deposit Account (BSBDA) Small Account and Basic Savings Bank Deposit Account (BSBDA)?
You have to complete your KYC within one year once your account will be opened.
You can’t transact more than 1 Lakh at a time and Sum of aggregate credits in your account cannot exceed Rs. 2L per annum. Till the time KYC Process is not done.
FAQ
- What is a Bank Deposit Account (BSBDA) Small Account and Basic Savings Bank Deposit Account (BSBDA))?
This is a Basic saving bank account with limited features. It’s Provides a 7.25 % interest rate on the savings account balance, and Branchless Banking through Free online funds transfer using NEFT & RTGS and many more.
- What are the Eligibility Criteria to open this account?
Any Individual Should be a resident Indian citizen, above 18 years of age, have a PAN & Aadhaar linked with a phone number.
- Is this Mandatory to provide Aadhaar and PAN?
Definitely Yes. If you don’t have Aadhaar, please nearest bank branch and choose from another range of products.
- Is This Video KYC Available for This Account?
No.
- What Can Happen if I don’t complete KYC within one year?
Your account will be automatically closed if you are unable to do so.
- Are there Joint Account Facilities in This Account?
No
- Can I apply for this account online without a visit to the branch?
Definitely Not.
- What is the verification process for me?
Bank Representative will check your credentials Through Biometric Verification and Basic details.
About
Utkarsh Small Finance Bank is a growth-driven Small Finance Bank of India. Reserve Bank of India (RBI) granted a license to Utkarsh Small Finance.
Initially, Started as Utkarsh Welfare Foundation was incorporated in August 2010 with the aim of developing the underprivileged population in rural & urban sectors life.
Utkarsh Small Finance Bank offers a wide range of services and products including Savings Account, Current Account, Mirco Finance, and much more. This Bank expands its nationwide network of 470 branches in pan India with its headquarters in Lucknow.
As of now, Govind Singh is the MD & CEO of Utkarsh Small Finance Bank Limited (USFBL). He has distinct experience of over 30 years in all domains of banking & financial services.
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