Saptagiri Grameena Bank Savings Account

Tenure	Interest rates for general citizens	Interest rates for senior citizens
Seven days to 14 days	4.45	4.75
140 days- 200 days	4.75	4.75
1 – 2 years	4.35	4.75
3-4 years	4.4	4.75

Saptagiri Grameena bank Savings Account

Customers can deposit money, keep it safe, and withdraw it while earning interest with Saptagiri Grameena Bank savings accounts. It provides a savings account that is customized to the needs of different consumer groups. Saptagiri Grameena Bank has a high-end savings account and limited savings account for children under eighteen. Many of the bank’s savings account products have no minimum balance requirements, and it offers a variety of options, including online and mobile banking.

Features and Benefits of Saptagiri Grameena Bank Savings Account

Some of the benefits of holding a Saptagiri Grameena Bank savings account are as follows:

• Saptagiri Grameena Bank offers savings accounts with interest rates ranging from 3.00 percent to 3.50 percent.
• A balance of Rs. 10,000 in a Saptagiri Grameena Bank savings account is needed for metro Urban branches. In Indian rupees, 5,000 rupees
• A deposit of Rs. 2,500 is required in Semi-Urban branches and a deposit of Rs. 2,500 is required in Rural branches.
  Without changing the account number, the Saptagiri Grameena Bank savings account can be moved to any other branch.
• A safe deposit box and a nomination service are also available.
• The Saptagiri Grameena Bank savings account can be linked to a Multi Option Deposit account to earn higher term deposit interest on excess funds.
• To satisfy the needs of its clients, it provides a range of debit cards.
• Saptagiri Grameena Bank offers both online and missed call banking services. Interbank mobile payment services (IMPS), utility bill transfers, mobile recharges, demand and statement requests, and checkbook requests are all possible with the mobile banking platform.
• Passbook is available for free

Saptagiri Grameena Bank Savings Account Charges

Product	Minimum Balance	Interest Rate	Non-Balance Maintenance Charges
Savings Max Account	Rs. 25,000	3.00% – 3.50%	6 percent of the Maximum Shortfall in the AMB slab or Rs. 600 whichever is lower
Regular Savings Account	Rs. 10,000 for metro Urban branches Rs. 5,000 For Semi-Urban branches Rs. 2,500 for Rural branches is required to open a Savings Regular Account	3.00% – 3.50%	Rs. 150 to Rs. 600
Women’s Savings Account	Rs. 10,000 Metro Urban branches,Rs. 5,000 Semi Urban-Rural branches	3.00% – 3.50%	Rs. 150 to Rs. 600
Kids Advantage Account	Rs. 5,000	3.00% – 3.50%	Rs. 150 to Rs. 300
Senior Citizens Account	Rs. 5,000 Urban/ semi Urban	3.00% – 3.50%	Rs. 150 to Rs. 300
Family Savings Group Account	The combined Average Monthly Balance in all accounts should be Rs. 40,000	3.00% – 3.50%	6 percent of the maximum shortfall in the AMB slab or Rs. 600 whichever is lower
Basic Savings Bank Deposit Account	NIL	3.00% – 3.50%	None
Institutional Savings Account	NIL	3.00% – 3.50%	None
BSBDA Small Account	NIL	3.00% – 3.50%	None
Savings Farmers Account	Rs. 2,500	3.00% – 3.50%	Upto Rs. 900

Saptagiri Grameena Bank Savings Account Products

Regular Savings Account

Savings plan with a high rate of interest that promotes prudent financial management.

Some of the features are as follows:

• Using Net Banking, BillPay, Phone Banking, and Mobile Banking for all of your banking needs.
• If you open a bank account online, you won’t have to fill out any paperwork.

Requirements for eligibility:

• Indian citizens may open an individual or joint accounts.
• Also eligible for registration is the Hindu Undivided Family.
• Minors would not be able to open a self-operated account until they are ten years old.
• Foreign nationals with a valid passport, visa, FRRO Certificate, and Residential Permit who have been in India for more than 180 days are eligible to open an account.

Women’s Saving Account

This account offers you 24/7 access to your bank, making it easier to meet your everyday banking needs.

The following are some of the characteristics:

• It’s a smart idea to get a $10,000 personal injury death insurance policy.
• Accidental Hospitalization Insurance with a Reimbursement Coverage of Rs. 1 Lac
• An Auto Sweep account can be attached to a Multi Option Deposit MOD account for a limited time to earn higher term deposit interest on excess funds.
• Automobile and two-wheeler loans are available.

Requirements for eligibility:

This account is only accessible to Indian women over the age of 18.

Kids Advantage Account

All-in-one finance, savings, and lifestyle option for independent women.

The following are some of the characteristics:

• Free education insurance worth one lakh rupees
• A one-year investment pool with a $1,000 monthly transfer requirement must be created.
• This account can be linked to a Multi Option Deposit MOD account for higher term deposit interest on excess funds, subject to a minimum deposit amount.

Requirements for eligibility:

The child must be under 18, and both parents must have a bank account to open this account.

Senior Citizens Account

Instill in your children the habit of saving and investing wisely so that they can open and manage this account on their own.

The following are some of the characteristics:

• Inadvertent Hospitalization A Rs. 50,000 yearly cover is open.
• Fixed Deposits have a higher interest rate.
• Free services include Phone Banking, Net Banking, and Insta Warning.
• It is risk-free to use the service of the electronic statement.
• PAP checkbooks are given away for free. Outstation checks you provide for clearing will be considered local checks at any bank that offers this service.

Requirements for eligibility:

Only Indians over the age of 60 have access to this account.

Family Savings Group Account

Benefit from the benefits of having your own account, such as better health and savings, as well as the ease of having your own deposit.

The following are some of the characteristics:

• You can get a 50% discount when you reserve a locker.
• The publication is available at no cost. Switch funds from savings account to a specified account using a PAP checkbook.
• Banking is made simple with Net Banking, Phone Banking, and Mobile Banking. Online Trading Accounts are available to a small number of people.

Eligibility requirements:

Family members who already have a Saptagiri Grameena Bank account can open a joint account. A minor cannot be the account’s main holder.

Basic Savings Account

Get your friends top-of-the-line banking services.

The following are some of the characteristics:

• Phone banking using an interactive voice response system (IVR) is now available for free.
• The bank offers Net Banking as a free service.
• BillPay is a free online service that lets you pay all of your utility bills in one convenient location.

Requirements for eligibility:

This account is for Indian Country citizens who are 18 years or older.

Institutional Savings Account

A zero-balance account that needs connections to the world’s largest ATM network, among other items.

Characteristics are as followed:

• Payment is not needed when using a Par checkbook.
• This account, which collects gifts, payments, and other items, is managed by the Cash Management Services team.
• Online payments such as wage and vendor payments can be made using Net Banking, Phone Banking, and Mobile Banking.
• Net Banking, Phone Banking, and Mobile Banking are all available.

Requirements for eligibility:

As long as they follow RBI guidelines, any trust, association, party, club, non-governmental organization (NGO), charitable hospital, educational institute, or Section 25 business may open an account.

BSBDA Small Account

This account can be used to accumulate and pay your company’s bills quickly and easily.

The following are some of the characteristics:

• The total balance in your account at any given time does not exceed Rs. 50,000.
• The total credit in all of your accounts at any given time does not exceed Rs. 1 lac.
• Your total withdrawals and transfers in a month do not exceed Rs. 10,000.

Requirements for eligibility:

This account is for Indian Country citizens who are 18 years or older.

Savings Farmers Account

This account can be used to access banking services by citizens who do not have a complete KYC.

The following are some of the characteristics:

• The bank’s online shopping website offers discounts and exclusive offers.
• IVR-based Phone Banking does not have an annual fee. The AMC for a new Demat account is waived for the first year.
• Using Net Banking, BillPay, Phone Banking, and Mobile Banking for all of your banking needs.

Requirements for eligibility:

Farmer’s Savings Accounts are only available at those locations.

Saptagiri Grameena bank Savings Account Welcome kit

A “Welcome Letter” (containing Account and Customer Identification Numbers) and a separate “Welcome Kit” (containing the International Debit Card, Cheque Book, and passwords to access Net-Banking (IPIN) and Telephone Banking) will be sent out after that (TIN).

Pallavan Grama Bank Documents Required to Open Savings Account

• Passports, driver’s licenses, voter identification cards, and other forms of identification are all permissible.
• A passport, driver’s license, voter’s ID card, and other identification forms can be used as proof of address.
• The 16th form of PAN card (only if PAN card is not available)
• 2 recent passport-sized photographs

Savings Account Opening Process at Pallavan Grama Bank

• Pay a visit to the bank that is the most convenient for you.
• Fill out the registration form to build a new account.
• Records of Know-Your-Customer (KYC) must be submitted (ID and Address proof)
• Fill out the form and attach your passport pictures.
• Include a signed check if applicable.

FAQ’s for Saptagiri Grameena Bank Savings Account

✅Can I open Saptagiri Grameena bank savings account online?

Individuals can also open a Saptagiri Grameena Bank savings account through the internet. Individuals can open an Insta account as well as a digital savings account.

✅What is the minimum balance for a Saptagiri Grameena savings account?

For Saptagiri Grameena Bank saving account items, the minimum balance requirement varies. To open a Saptagiri Grameena Bank Regular Savings Account, you must have a minimum balance of Rs. 10,000 for metro urban branches and Rs. 5,000 for rural branches. To open a Savings Regular Account, a deposit of Rs. 2,500 is expected for Semi-Urban branches and Rs. 2,500 for Rural branches.

✅Which saving account is best in Saptagiri Grameena?

Saptagiri Grameena Bank has a variety of savings accounts to choose from. These profiles were created with a specific audience in mind. To decide which option is best for them, individuals can compare interest rates, account minimums, and other features.

✅Can I open a Saptagiri Grameena Bank Savings Account with zero balance?

In metro Urban branches, a minimum balance of Rs. 10,000 is needed to open a Saptagiri Grameena Bank Savings Account. 5,000 rupees in Indian rupees To open a Saptagiri Grameena Bank Savings Regular Account, a deposit of Rs. 2,500 is needed for Semi-Urban branches and Rs. 2,500 for Rural branches. Non-balance management penalties apply to people who do not keep their accounts in good standing.

For further information, please visit the official page of Dialabank.