No Frills Account

Services > Finance > Banks
2018-02-23 18:44:50
Basic Saving Account Schemes in India
No Frills Account
Last update2018-02-23 18:44:50
Scheme OpenNo closed in 17 Aug 2012
Maximum Deposit in a Year
Max Balance at a timeRs 50,000
Maximum Montlhy withdrawals
Full KYC RequiredNo
Aadhar must to open this accountNo
Branch visit optional to open account
Internet Banking availableYes
Free Debit cardYes
Minimum Balance RequiredRs 0
Can keep other saving accounts in bank
Min Age to open accountNo Restriction
Checkbook AvailableYes
Passbook AvailableYes
Overdraw Facility
Launched on2005-11-24
NotesReplaced with BSBDA
Can convert to normal saving account
  • 2018-02-23 18:04:00
    2018-02-23 18:44:50
  • Banks
  • Public
  • Creative Commons License CC-BY-SA 3.0 / GNU FDL