COMPARE : SAVINGS ACCOUNTS
Allahabad Bank Saving Accounts
Rs. 5 Banking AllBank Premium SB Account
AllBank Mahila Sanchay Account AllBank Vikash SB Account
Sishu Mangal Deposit Scheme Tax Benefit Term Deposit Scheme
Value-plus savings account AllBank Saral Savings Account
  Allahabad Bank : Rs. 5 Banking
  • The account can be opened with a minimum initial deposit of Rs. 5.
  • No charge is applicable if the amount of minimum deposit falls by Rs. 5.
  • Duplicate passbook will be issued with a charge of Rs. 10.
  • This account can be converted to a normal Savings Bank account after depositing minimum account balance in the account.
  • No cheque book or ATM facilities are available with this account.

  Allahabad Bank : AllBank Premium SB Account
  • The account holder can avail 25% discount on all service charges.
  • Instant credit available for all outstation cheques upto Rs. 25,000.
  • International debit cum ATM card as well as cheque Book will be issued to the account holder.
  • Account holder will also be eligible for free personal accident cover of Rs. 1,00,000.

  Allahabad Bank : AllBank Mahila Sanchay Account
  • This savings bank account can be opened and maintained with a minimum balance of Rs. 1.
  • Demand Drafts and cheques up to Rs. 1,000 meant for educational purposes of the wards of the account holder would not attract any charges.
  • On request the account holder can also avail a Piggy Bank free of cost to garner small savings in it and to then deposit a lump sum in her bank account at once.

  Allahabad Bank : AllBank Vikash SB Account
  • This account is meant for various local organisations and Non-Government Organisations which are engaged in social causes and development services.
  • The organisation is required to maintain a minimum balance of Rs. 50,000.
  • Discount of 25% will be provided on all service charges.
  • Facility of instant credit of outstation cheques Up to Rs. 25,000 will be provided.

  Allahabad Bank : Sishu Mangal Deposit Scheme
  • Any citizen of India who falls in the age group of 1 to 15 years can get this account under guardianship.
  • The amount needs to be deposited on predetermined basis, the bank will provide a chart and according to that the amount needs to be deposited in the account.
  • The amount to be deposited in the account will increase in accordance to the maturity value.

  Allahabad Bank : Tax Benefit Term Deposit Scheme

  • Transfer from one branch to another : The deposit may be transferred from the issuing branch to another branch but not transferable from one bank to another bank

  •   Allahabad Bank : Value-plus savings account

      Allahabad Bank : AllBank Saral Savings Account

  • Switch option :

    Option to switch to normal SB account and to maintain applicable minimum balance.
    Holders of ‘Saral Savings Bank Deposit Account’ will not be eligible for opening any other savings bank deposit account in the bank

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