BSBDA FAQS

Eligibility

Any resident individual can open a Basic Savings Bank Deposit Account (BSBDA) singly or jointly.
Holders of ‘Basic Savings Bank Deposit Account’ will not be eligible for opening any other savings bank deposit account in the bank. If a customer has any other existing savings account in the bank, he/she will be required to close it within 30 days from the date of opening a Basic Savings Bank Deposit Account.

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