Open Basic Savings Bank Deposit Account Online in India | SBI - Personal Banking
Basic Savings Bank Deposit Small Account
This account can be opened by any individual above 18 years old, who do not have Officially Valid KYC documents. There are many restrictions in operation of the account due to the relaxed KYC. Account can be converted to Regular Savings Account upon submission of KYC documents. Primarily meant for poorer sections of society to encourage them to start saving without any burden of charges or fees.
Last Updated On : Wednesday, 09-02-2022
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