Open Small Basic Saving Bank Deposit Account

- COVID-19 Precautionary Steps
  
  Considering COVID-19 we have taken precautionary steps demanded by the situation. Our branches will be open, with required hygiene measures and reduced staff.
- Revision in Savings Account Interest Rates
  
  Revision in Savings Account Interest rates effective April 01, 2022
- Customer Compensation and Protection Policy limiting the liability of customers in unauthorized electronic transactions is available under Bank Policies section for perusal of customers.
- Our Avinashi branch located at The Utkarsh BANK Ltd. Shop No 5/215 Rajan Nagar Opp to weekly Market, K K Pudur post Avinashi Taluk, Tirupur - 641654, will be closed w.e.f April 30, 2022. It is being merged with our Tirupur branch.
- Personal Banking
- Corporate Banking

Group Loans
- Utkarsh Pragati
- Utkarsh Kiran

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

No Minimum Balance required
Free Debit Card Facilities
A Classic Rupay debit card is offered with no annual maintenance charges for the first year
Unlimited Free ATM transactions across own bank ATMs within India
Higher ATM withdrawal and purchase limits.
Access to Internet Banking
Passbook Facilities for all Account Holders
Interest Rate on Domestic Savings *:

Balance in ₹	Rate of Interest w.e.f. July 01, 2025
Balance Upto ₹ 1 Lakh	3.25% p.a.
Incremental balance above₹ 1 Lakh upto ₹5 Lakhs	5.00% p.a.
Incremental balance above₹ 5 Lakhs upto ₹10 Lakhs	6.00% p.a.
Incremental balance above₹ 10 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	7.00% p.a.

* T&C Apply

*Important Point: No Additional Interest Rate for Senior Citizen.

Apply to Basic Savings Bank Deposit Account (BSBDA)

Apply now

Loan calculator

Type of Customer

Regular

Senior Citizen

Select Fixed Deposit Date

Type of Fixed Deposit

Amount (₹)

₹

₹ 1 Lac

₹10 Cr

Tenure ( )

1 Month

120

Interest Rate (%)

31%

Equated Monthly installments (EMI)

₹ 2,10,651

Need more Information?

Deposit Amount

Interest Earned

Interest Rate

8.00%

Interest Earned

₹ 3,50,452

Maturity Value

₹ 13,50,452

Maturity Date

20 Apr 2023

(Indicative interest rates for calculation only. click here for latest rates.)

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