| Salient Features | Ordinary Savings Account |
| Eligibility |
* Individuals—Single or Two or more individuals jointly, * Minors through the natural guardians (for accounts in the names of minors) either jointly with the minor or singly or guardians appointed by a competent court. * Illiterate people / blind people, * Clubs, Societies or Associations * Places of religious worship. * Charitable institutions, which are approved by the bank * Trusts * HUF * SHGs * Govt. organizations and * Others as have been permitted to open such account |
| Value added |
* RTGS/NEFT Remittances. * Multicity cheque facility. * Online trading services from IBMBS. * Dmat services through our Bank or from our subsidiary, IBMBS. |
| Min Amt |
* (Monthly Average) SB account without Cheque facility : Rs.250. SB account with Cheque facility : Rs.500. * Where the balance in SB accounts falls below the stipulated minimum, a service charge as prescribed by Head Office from time to time shall be levied on each occasion irrespective of the number of days for which the position continues. * There is no service charges for pensioners for non-maintenance of minimum balance in SB accounts without cheque facility. |
| Max Amt | No Limit |
| Other Requirements/Details |
* Free ATM/Debit Card. * Free Net Banking. * Free Mobile Banking. * Free Telebanking. * Free Credit Card |
Identity proof :
* Passport
* PAN card
* Voter ID card
* Driving licence
* Government ID card
* Photo ration card
* Senior citizen ID card
Address proof :
* Passport
* Telephone bill
* Electricity bill
* Bank Statement with Cheque
* Certificate/ ID card issued by Post office
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