Utkarsh Small Finance bank Savings Account
|Tenure||Interest rates for general citizens||Interest rates for senior citizens|
|7 – 14 days||4.25||4.75|
Utkarsh Small Finance bank Savings Account
A 5,000-dollar average quarterly balance in metro/urban Banking Outlets. Free unrestricted domestic transactions at any ATM is one of the special features of our regular savings account. Interest is measured on a regular basis for each commodity and credited quarterly.
A minimum composite overall relationship value of 500,000 must be held jointly in the new, investment, and term deposit accounts connected to the Premium Savings Account to maintain an average quarterly balance of 50,000.
It is essential to maintain a quarterly balance of 2,500 in metro/urban Banking Outlets and 750 in semi-urban/rural Banking Outlets. This account can be opened in conjunction with a guardian and managed by the parent/guardian until the minor turns 18.
For specific customer classes, Indian Bank provides a variety of savings account items. To open a savings account with Indian Bank, you must have a minimum balance of Rs. 250 for non-cheque transactions and Rs. 500 for cheque transactions. A savings account will yield high returns of up to 3.75 per cent. Create online savings account with Indian Bank right away. There are internet banking and mobile banking open. Secure deposit lockers, as well as nomination, are available at Indian Bank.
Indian Bank offers a wide range of savings accounts that allows individuals to deposit money, keep it safe, and withdraw funds, all while earning interest.
It offers a savings account that is tailored to the needs of particular consumer groups and meets their needs. For example, it has Premium savings account for its high-end customers and minor savings account for children under the age of 18.
Features and Benefits of Utkarsh Small Finance Bank Savings Account
Benefits of Utkarsh Small Finance Bank saving Account are as follow:
- Passbook service is free of charge.
Utkarsh Small Finance Bank Savings account Charges
|Product||Minimum balance||Interest Rate||Non Balanace Maintenance charges|
|Savings Bank Account||Non-cheque operations cost Rs.250, while cheque operations cost Rs. 500.||3.50% – 3.75%|
|Account SB Gold||4.00% – 4.00%|
|Silver Account with SB||4.00% – 4.00%|
|SB Power Account for Achievers||4.00% – 4.00%|
|SB Account for IB Smart Kids||4.00% – 4.00%|
|Khata Vikas Savings||4.00% – 4.00%|
Utkarsh Small Finance Bank Savings Account Products
Utkarsh Small Finance Bank provides a variety of savings account options for various purposes.
The following are some of the most common Indian Bank savings products:
Bank Savings Account At Indian Bank ATMs, transactions are free, and at other banks’ ATMs, transactions are free up to five times.
On interest received on an Indian Bank Savings Deposit, there is no TDS.
Indian Bank offers 50 free withdrawals every six months. Indian Bank provides a variety of services. All branches provide internet, email, and phone banking services.
Residents of Indian country who are 18 years of age or older may open a single or joint account. A savings bank account may also be opened by an illiterate individual, a blind person, a HUF, Associations, Clubs, Institutions, Agencies, Societies, Trusts, and Government Departments that have been approved by the RBI.
Utkarsh Small Finance Bank Savings Account Welcome Kit
After7–8 working days from the date of opening a specific savings account, Indian Bank mails a Welcome Kit containing a personalised cheque book and ATM card to the customers’ postal address chosen for correspondence.
Is it possible to open an Utkarsh Small Finance Bank account online?
Individuals can also open a savings account with Indian Bank online. Individuals can open both an Insta and a digital savings account.
What is the minimum balance for savings account with an Utkarsh Small Finance Bank?
With Indian Bank saving account goods, the minimum balance requirement is different.
For non-cheque operations, a minimum balance of Rs. 250 is required, and for cheque operations, a minimum balance of Rs. 500 is required.
Why Utkarsh Small Finance Bank savings account is the best?
Indian Bank offers a range of different savings account options. These accounts have been created specifically for a specific group of people. Individuals can compare interest rates, minimum account criteria, and available features to find the right option for them.
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