SAVING ACCOUNT DETAIL
BOI Savings account (No Frills)
Highlights
Bank Bank of India
Category No Frills
Minimum AQB
(Average Quarterly Balance)
Rs 0
Interest Rate 4%
Card Offered ATM cum Debit Card
Main Features
  • Simplified Know Your customer norms to be complied
  • SB no-frill account to be opened with minimum Zero balances at all branches, subject to compliance of all other terms and conditions
  • Free Debit Cum ATM card issued at all CBS branches(Annual Charges applicable from next year)
  • Withdrawals through ATMs & branch withdrawals - max 2 per month.
  • No third party withdrawals
  • Free quarterly statement of account at Urban and Metro branches. Pass books at Rural & semi-urban branches.
  • No penalty for not maintaining Min balance.
  • No charges for closure of account.(ATM Debit card to be surrendered)
  • Account can be converted into normal SB account by maintaining required minimum balance.
  • Branch Managers are delegated to issue one cheque book free to literate account holders.
 Fees & charges
 Services & Features
 Eligibility Criteria
 Nomination
Show All Saving Accounts

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