Скачать или смотреть ATM ചാർജസ് , മിനിമം ബാലൻസ് ഇല്ലാത്തതിന്റെ ഫൈൻ ഒഴിവാക്കാം |basic savings bank deposit account.bsbda

ATM ചാർജസ് , മിനിമം ബാലൻസ് ഇല്ലാത്തതിന്റെ ഫൈൻ ഒഴിവാക്കാം |basic savings bank deposit account.bsbda

A Basic Savings Bank Deposit Account (BSBDA) is a type of savings account that is available to all Indian citizens, regardless of their income or social status. It is a no-frills account that offers basic banking services such as deposits, withdrawals, and transfers. BSBDA accounts are typically free to open and maintain, and they do not have a minimum balance requirement.

*Advantages of BSBDA accounts:*

*No minimum balance requirement:* This means that you can open and maintain an account even if you do not have any money to deposit.
*Free to open and maintain:* Most banks do not charge any fees for opening or maintaining a BSBDA account.
*Easy to open:* You can open a BSBDA account at any bank branch in India.
*Access to basic banking services:* BSBDA account holders have access to basic banking services such as deposits, withdrawals, and transfers. They can also use ATMs and debit cards to access their accounts.

*Limitations of BSBDA accounts:*

*Limited features:* BSBDA accounts offer limited features compared to other types of savings accounts. For example, they typically do not offer interest on deposits, and they may have restrictions on the number of transactions that can be made each month.
*Low withdrawal limits:* BSBDA accounts typically have lower withdrawal limits than other types of savings accounts. This means that you may not be able to withdraw all of your money from your account at once.
*Limited ATM access:* Some banks may restrict the number of ATMs that BSBDA account holders can use.
how to change your savings account to basic savings bank deposit account ?
please visit your bank branch and submit a application for converting your savings account
to BSBDA..