CSB Social Support (BSBDA)

A new savings bank account in the nature of No Frills Account, offering basic banking services, to facilitate financial inclusion. This is a zero balance account with free basic services such as deposit and withdrawal of cash, ATM-cum-Debit Card, receipt / credit of money through electronic payment channels or by means of deposit / collection of cheques at bank branches as well as ATMs.

An individual is eligible to have only one ‘Basic Savings Bank Deposit Account’ in one bank. If he/she is already having a Savings Bank Account, then the same will have to be closed within 30 days of opening a BSBDA.

Features

Minimum Balance: No minimum balance requirement

ATM cum Debit card: Free of charge

Switch over facility: Upon request from the customer, CSB Social Support (BSBDA) Savings Scheme account can be converted/upgraded to regular SB account.