Savings Bank Account General
Bank of India has always prioritized your financial well-being while offering exceptional banking solutions. Our SB General account is a simplified savings account that offers a hassle-free banking experience with every transaction.
A Savings Account for everyone
Make a smart choice by choosing simplified banking that gives exactly what you need from a savings account and then some more.
With user-friendly online and mobile banking platforms, banking becomes a breeze. Perform transactions, transfer funds, and access your account details anytime, anywhere. Our digital banking services are designed to provide you with a seamless and secure banking experience, giving you complete control over your finances. You can now open your savings account at the convenience of your home through our digital platform also.
Open the doors to a comprehensive banking experience with the Savings Bank Account from Bank of India. Join us today and unlock the benefits of a savings bank account that simplifies banking and embraces digital convenience. Start saving more and experience the difference of banking with Bank of India
Savings Bank Account General
Eligibility
- All resident individuals (singly or jointly), Two or more individuals Joint Accounts, Hindu Undivided Families (HUF)
- Minimum Balance Requirement - No Daily Minimum balance requirements
Features
Features | Normal | Classic | Gold | Diamond | Platinum |
---|---|---|---|---|---|
AQB | M/U: Rs 1000/-, R/SU: Rs 500/- | Rs 10,000/- | Rs 1 Lakhs | Rs 5 Lakhs | Rs 10 Lakhs |
Eligible ATM Card | Rupay NCMC | Rupay Platinum | Rupay Select | Visa Business | Visa Signature |
Waiver of ATM/ Debit card AMC | 50,000/- | Waived | Waived | Waived | Waived |
Free Cheque Leaves | First 25 leaves | 25 leaves per annum | 25 leaves per quarter | 50 leaves per quarter | Unlimited |
Waiver of RRTGS/NEFT charges | NA | 10% waiver | 50% waiver | 100% waiver | 100% waiver |
Free DD/PO | NA | 10% waiver | 50% waiver | 100% waiver | 100% waiver |
Credit card issuance charges waiver | NA | 50% waiver | 100% waiver | 100% waiver | 100% waiver |
Credit card AMC Waiver (Min transaction Amt) | 50,000/- | 75,000/- | 1,00,000 | 2,00,000 | 5,00,000 |
SMS/Whatsapp Alert Charges | Chargeable | Chargeable | Free | Free | Free |
GPA & other covers* | Rs 1,00,000 | Rs 10,00,000 | Rs 25,00,000 | Rs 50,00,000 | Rs 1,00,00,000 |
Free transaction at BOI ATM per month | 5 | 5 | Unlimited | Unlimited | Unlimited |
Free transaction at other ATM per month | Nil | 5 | 10 | 20 | 30 |
Concession in retail loan processing charges** | Not available | Not available | 50% | 75% | 100% |
Concession in ROI for retail loan** | Not available | Not available | 5 bps | 10 bps | 25 bps |
Locker Rent concession | Not available | Not available | 10% | 50% | 100% |
- *The cover is subject to settlement of claims by the insurance company without any liability to the bank. The rights and liabilities of the insured shall be with the insurance company.
- Bank holds the right to withdraw the facility at its discretion.
- **In case of any other concessions already offered to retail loan customers, viz festive offers, special concessions to women beneficiaries etc, the concession proposed here is automatically withdrawn.
Terms and Conditions apply
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