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SBT Savings Bank Accounts Rules

SBT Savings Bank Accounts Rules

 

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  • Account Type
  • Saving Account
  • Minimum balance
  • Rs.1000/-
  • Daily withdrawal limit
  • N.A.
  • Free debit card
  • N.A.
  • Funds transfer facilities
  • N.A.
  • Auto sweep FD facility
  • N.A.

Features and Benefits of SBT Savings Bank Accounts Rules

  • Best suited for all classes of persons. 
  • Running account.
  • Cheques, Drafts, Interest Warrants, Dividend warrants etc.., in Indian rupees and foreign currencies in the personal names of the depositors can be collected and credited to these accounts.
  • Liberal withdrawal facilities.
  • No Income Tax deduction at source on interest.
  • Standing instructions for remittances of insurance premium, rent and similar payments carried out.
  • Minors above 10 years can open and operate the account.
  • Nomination facility is available
  • Quarterly Average Minimum Balance to be maintained in SB accounts is Rs.1000/- with Cheque Book facility and Rs.500/- without Cheque Book facility
  • Internet Banking/ATM/Mobile Banking Facilities are available

Documents Required for SBT Savings Bank Accounts Rules

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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