What Is a BSBD Account? A Basic Savings Bank Deposit Account or BSBD account is a type of savings account that does not require a minimum balance to maintain. This account is specially designed for the deprived section of society who cannot meet the …

2020年10月3日 · State Bank of India or SBI offers a zero balance savings account—known as a basic savings bank deposit (BSBD) account. This account is primarily meant for poorer sections of society to encourage them to start saving without any burden of charges or fees. This account can be opened by any individual provided he/she has valid KYC documents.

2018年5月23日 · According to SBI website, the eligibility criteria is ‘as applicable to regular Savings Bank Account’. What are the KYC requirement for BSBD account in SBI? The account will be KYC compliant. What...

2019年3月16日 · Basic Savings Bank Deposit (BSBD) accounts are offered by a large number of banks in India, including the State Bank of India (SBI) and HDFC Bank. As the name...

2019年5月24日 · State Bank of India (SBI) offers a special type of savings bank account, known as the basic savings bank deposit or BSBD account. A zero balance savings account, the BSBD account does not require the customer to ensure any particular balance. However, withdrawals from this account are limited.

2023年1月14日 · If you’ve ever browsed online for a zero-balance savings account, you may have come across basic savings bank deposits, or the BSBD account. The basic savings account offers certain minimum facilities, free of charge, without any requirement of minimum balance. It was designed to provide most basic banking services to the impoverished section.

2019年7月31日 · BSBD account should be considered as the normal banking facility to all. The largest banks of India such as State Bank Of India and HDFC Bank offering this facility to customers. Under this facility, customers are not required to maintain any minimum monthly or average balance in their BSBD account.

Indus Easy Savings Account is a Basic Savings Bank Deposit Account (BSBDA) which offers you the maximum benefits with minimum requirements. Enjoy all your basic banking facilities at 'No minimum balance' and 'complete KYC done'.

2018年5月24日 · Basic Savings Bank Deposit (BSBD) account, which has a zero minimum balance requirement, can be opened by people who do not want to be bothered with maintaining any minimum balance. A BSBD account does not require customers to maintain any monthly average balance.

2021年4月12日 · Zero balance, free transactions, free cash deposits, free withdrawals up to a specified limit are the hallmarks of a Basic Savings Bank Deposit (BSBD) account. Thanks to the constant nudge by the Reserve Bank of India (RBI) to boost the financial inclusion drive in the country, both public and private sector banks are now providing BSBD accounts.