Yes Bank Offers Basic Savings Bank Deposit Account that gives Zero Balance Savings Accounts, Interest Rate, Debit Card, NetBanking/MobileBanking Facilities, and Much More.
About Yes Bank Basic Savings Bank Deposit Account.
Yes Bank provides banking & financial solutions through Basic Savings Bank Deposit Account. This Account gives a banking & financial Panacea for low earning individual Indian.
Features of Basic Savings Bank Deposit Account.
1- This ‘Basic Savings Bank Deposit Account’ is to provide a normal banking service account holder.
2- No Minimum Balance Requirement.
Its No need for a minimum balance to maintain an average monthly balance in the account.
3- Interest Rate.
Your money gives extra income through yes bank Interest Rate.
4- Free Debit Card.
You can easily make your digital banking payment to various payment gateway with a very secure firewall of yes bank.
5- NetBanking/MobileBanking.
Yes Provides online banking transaction super easy.
Benefits of Basic Savings Bank Deposit Account.
1- Passbook Facility is free for all Account Holders.
2- Enjoy Free Phone Banking Services.
ELIGIBILITY Basic Savings Bank Account?
1- Any Individual Should Be a resident Indian citizen, above 18 years of age.
2- Aadhaar Linked Mobile Number, Aadhaar, and Pan Card Number.
How to Apply Yes Bank Basic Savings Bank Deposit Account?
You can follow the following given Steps to open your points.
Step-1 You can visit Bank Official Websites and Click to apply Button.
In this step, you can select a category of the account. Name, Email-ID, Mobile No, City, and Pin Code.
After Successful Submit Bank Executives provide complete till to your account not open.
Step-2 You can visit your nearest Yes Bank Branch to apply for your visit.
Things to Remember in Basic Savings Bank Account.
1-You have to complete your KYC within one year once your account will be opened.
2- 4 free cash withdrawals are allowed per month at branches.
FAQ
1- What is a Yes Bank Basic Savings Bank Deposit Account?
This Account provides normal banking services with no initial amount to open the account. It’s Provides a 6% 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 the Account?
Any Individual Should be a resident Indian citizen, above 18 years of age, have a PAN & Aadhaar linked with a phone number.
3- 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 Yes Bank Basic Savings Bank Deposit Account?
No.
5- Can I upgrade a savings account to a better one?
Yes. In order to make the change or upgrade, you can contact the nearest branch of YES BANK.
6- Would I continue my banking services If I unable to maintain the minimum balance required for the account?
No Worry. You can continue.
7-How can I upgrade my account type?
Kindly place a request at the nearest branch.
8- How long will it take to update a change of address?
It takes 7 Working days for the bank to process the request from the time the complete request is given.
9- What is a Savings Account?
This refers to a bank or other financial institution where the account holder security of funds at a fixed rate of interest and a high degree of liquidity. Easily able to withdraw at the time of his/her requirement of money. RBI gives security on behalf guardian of the bank.
10-How much rate of interest will I earn interest on the balance in my account?
Yes, Bank offers time to the time interest rate on the savings account.
About Yes Bank
Yes Bank is a well recognized private commercial bank in India. RBI awarded Yes Bank with Greenfield Bank license in the last decade.
Started Journey in 2004 Yes Bank received so many awards and people trust by corporate and banking authority experts organizations.
Yes Bank offers Banking Financial services like a savings account, current account, fixed deposit account, Transaction Banking, and much more.
Currently, Yes Bank MD & CEO is Mr. Prashant Kumar and Its Headquarters in Mumbai.
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