Basic Saving Account Schemes in India

Services > Finance > Banks
2018-02-23 19:21:58
Compare No Frills Account vs BSBDA vs Jan Dhan Account vs Axis ASAP
No Frills AccountBSBDAJan Dhan AccountAxis ASAP
Last update2018-02-23 18:44:502018-02-23 18:44:502018-02-23 19:12:522018-02-23 19:21:58
Scheme OpenNo closed in 17 Aug 2012YesYes
Maximum Deposit in a YearRs 1 lakhRs 2 lakh
Max Balance at a timeRs 50,000Rs 50,000Rs 2 Lakh
Maximum Montlhy withdrawalsRs 10,0004 times in month
Full KYC RequiredNoNo simplified KYCYes
Aadhar must to open this accountNoYes
Branch visit optional to open accountNoYes
Internet Banking availableYesYes NEFT, RTGSYes NEFT, RTGS, IMPS
Free Debit cardYesYes Rupay Debit CardNo
Minimum Balance RequiredRs 0Rs 0Rs 0Rs 0
Can keep other saving accounts in bankNoNo
Min Age to open accountNo RestrictionNo Restriction000000000018
Checkbook AvailableYesNo
Passbook AvailableYesYes FreeNo
Overdraw FacilityRs 5,000
Launched on2005-11-242014-08-28
NotesReplaced with BSBDA
Can convert to normal saving accountNo
  • 2018-02-23 17:45:37
    2018-02-23 19:21:58
  • Banks
  • Compare No Frills Account vs BSBDA vs Jan Dhan Account vs Axis ASAP
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