Basic Savings Bank Deposit Account (BSBDA)
The Account provides Basic Savings banking features with the aim of encouraging people to open a Savings Bank account and enjoy the benefits of financial inclusion. Zero Liabilities coverage on Debit card.
Get
Rewards
1 reward point on every 100 spends on debit card
Get
15% discount
1 reward point on every 100 spends on debit card
Get
Free
Cash withdrawal on Utkarsh Bank ATMs
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No Minimum Balance required
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Free Debit Card Facilities
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Unlimited Free ATM transactions across own bank ATMs within India
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Higher ATM withdrawal and purchase limits.
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Free Access to Internet Banking & Mobile Banking.
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Passbook Facilities for all Account Holders
Interest Rate on Domestic Savings *:
| Balance in | Rate of Interest w.e.f. May 01, 2026 |
|---|---|
| Balance Upto 1 Lakh | 3.00% p.a. |
| Incremental balance above 1 Lakh upto 5 Lakhs | 4.25% p.a. |
| Incremental balance above 5 Lakhs upto 10 Lakhs | 5.50% p.a. |
| Incremental balance above 10 Lakhs upto 50 Lakhs | 7.00% p.a. |
| Incremental balance above 50 Lakhs upto 10 Crore | 7.25% p.a. |
| Incremental balance above 10 Crore upto 100 Crore | 7.50% p.a. |
| Incremental balance above 100 Crore upto 250 Crore | 8.00% p.a. |
| Incremental balance above 250 Crore upto 500 Crore | 8.25% p.a. |
| Incremental balance above 500 Crore | 8.00% p.a. |
* T&C Apply
*Important Point: No Additional Interest Rate for Senior Citizen.
| Basic Savings Bank Deposit Account [BSBDA] | |
| Average Balance Requirements | AQB |
|---|---|
| Metro & Urban Banking | Nil |
| Semi-Urban & Rural Branches | Nil |
| Charges for Non-Maintenance | Nil |
| Branch Cash Transactions | |
| Cash Deposit Transactions- Free limits/month | Unlimited |
| Charges Beyond Free Limit | Nil |
| Cash Deposit Transactions Free limits/month [Folio] | Unlimited |
| Charges Beyond Free Limit | Not Applicable |
| Cash Withdrawal charges beyond free limit | Not Applicable |
| Cash Withdrawal Transactions Free limits/month[Folio] | Not Applicable |
| Charges Beyond Free Limit | Not Applicable |
| DD/PO Issuance | |
| Demand Drafts Payable on own Bank Locations | Upto 10,000/- 50/- Above 10,000/- 4/- per 1,000/- [Min 50/- Max 1000/-] |
| Revalidation | Free |
| Duplicate DD Issuance | Free |
| DD/PO Cancellation | 100/- |
| Cheque Issuance/ Collection Charges | |
| Free Leaves | One free cheque book per year [ 25 leaves ] |
| Charges Beyond Free Limit | ₹ 2/- per leaf |
| Cheque Return Charges [Outward] | 200/- per cheque |
| Cheque Return Charges [Inward] | 500/- per cheque |
| NEFT/RTGS/IMPS transactions [Online] | |
| RTGS Outward | Free |
| NEFT Outward | Free |
| IMPS Payments | 1 - 1000 - 2.50 1000 - 25000 - 5.00 25000 - 500000 - 15.00 |
| Doorstep Banking Services | |
| Cash Pickup Charges [within city limits with a radius of 5 km from base branch] | Not Available |
| Cash Pickup Charges [within city limits with a radius of 5 km from base branch] | Not Available |
| Other Charges | |
| Physical Account Statements [Monthly - In lieu of Passbook] - if opted by the customer | Free |
| Email Account Statements [Monthly - In lieu of Passbook] - if opted by the customer | Free |
| SMS Alerts |
25 paisa per SMS Subject to maximum amount of ₹ 25 per quarter or actual amount whichever is lower. |
| Stop Payment Instructions | 100/- per cheque |
| Signature, Address and Photo attestation | 100/- per instance |
| Balance Certificate | |
| Account Related Charges | |
| Account Closure | Nil |
For Debit Card Variants & Charges, kindly refer to the Card Section
For complete details on Fees and Charges effective from 1st April 2026, please click here
Apply to Basic Savings Bank Deposit Account (BSBDA)
Loan calculator
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Interest Rate 8.00% |
Interest Earned 3,50,452 |
|
Maturity Value 13,50,452 |
Maturity Date 20 Apr 2023 |
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(Indicative interest rates for calculation only. click here for latest rates.) |
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