Searched for
BSBDA FREE SERVICE
Basic savings, Jan Dhan accounts not subject to penalty for not having minimum balance: FM Nirmala SitharamanWith nearly 72 crore basic savings accounts, including PM Jan Dhan accounts, enjoying the perk of no penalties for low balance, this initia...- Kotak Mahindra Bank is charging Rs 0.15/SMS if you fail to maintain this minimum balance in your accountKotak Mahindra Bank will implement an SMS fee of Rs 0.15 per transaction alert starting December 1, 2025, with a free limit of 30 alerts mo...
- Online banking in BSBDA: RBI extends free digital banking service to basic savings account holders, check detailsThe Reserve Bank of India announced that Basic Savings Bank Deposit Account (BSBDA) holders will now gain access to digital banking service...
- Kotak Mahindra Bank revises savings, salary account charges, limits: Know latest cash transaction limits, ATM charges & moreThe bank has revised average balance criteria, free cash transaction limits, free ATM transaction limits, standing instruction failure fee,...
- Basic Savings Bank Deposit Account: What are KYC norms for BSBDAs accounts?Customers must agree in writing to the cancellation of their existing non-BSBDA Savings Bank accounts prior to creating a "Basic Savings Ba...
- How many free ATM transactions does your bank offer?The Reserve Bank of India (RBI) has set a certain number of free ATM transactions per month. Banks, on the other hand, may provide more fre...
- SBI collected Rs 346 crore since FY18 in additional services fee on basic savings, Jan Dhan a/cSBI levied charges worth Rs 152.42 crore in 2019-20 and Rs 72.38 crore in 2020-21 across 36 states and union territories, and refunded Rs 9...
- SBI to levy charges for cash withdrawal beyond four free transactions per monthAs per the revision in service charges for BSBD accounts, State Bank of India (SBI) will levy charges ranging from Rs 15 to Rs 75 for the "...
- SBI revises charges of Basic Savings Bank Deposit Accounts: Here are the detailsFrom July 1, non-financial transactions at branches, ATMs, and cash deposit machines will be free-of-cost at both SBI branches and non-bank...
- SBI collected Rs 300 crore from zero-balance accounts for certain services in 5 years, reveals studyThe study observed that the SBI's decision to levy a charge of Rs 17.70 for every debit transaction beyond four by the BSBDA account holder...
- Reserve Bank of India relaxes norms for no-frills accountsThe apex bank eased regulations for Basic Savings Bank Deposit (BSBD) Accounts, popularly known as 'no-frills' accounts.
- Looking to open basic savings bank deposit account: Here are the watch outsAll banks are mandated by the Reserve Bank of India (RBI) to offer Basic Savings Bank Deposit Accounts to those looking to open a bank acco...
- This savings account doesn't require any minimum balance: Find out if it suits youHowever, this zero-balance account comes with a few riders attached. So, before you go ahead and get yourself an account, consider these ke...
- Vague RBI guidelines see banks cap PM's Jan Dhan Yojana accountsTo complicate matters, instead of speaking about withdrawals or ATM withdrawals, the guidelines desc ribe withdrawals as all debit transact...
- Poor can also open zero balance account in foreign banks: RBIRBI said its 'Basic Savings Bank Deposit Account guidelines are applicable to "all scheduled commercial banks in India, including foreign b...
Load More
