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Know what is SBI's Basic Savings Bank Deposit Account (BSBDA) — a zero balance account with no minimum balance requirement. Enjoy benefits like a RuPay debit card, free mobile and internet banking, and no charges for transactions or account closure. Ideal for hassle-free banking. Open yours today with simple KYC documents.
 

Discover the SBI Basic Savings Bank Deposit Account (BSBDA), a zero balance account with no minimum balance requirement. Enjoy benefits like a free RuPay debit card, mobile and internet banking, and no transaction charges for NEFT/RTGS. Ideal for hassle-free banking with no upper balance limit.

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Who Can Open a BSBDA (Zero Balance Account)?

 

Eligibility:
Any individual meeting KYC requirements can open a BSBDA.
Required documents include Aadhaar card and PAN card.

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Joint Account

 

Joint accounts can be opened under BSBDA.
All account holders must submit their documents.

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Key Benefits of SBI’s BSBDA

 

No Minimum Balance Requirement:

No penalty for not maintaining a minimum balance, unlike other bank accounts.

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Free Basic Services

 

Includes a bank passbook, basic RuPay ATM-cum-debit card, mobile, and internet banking.
Note: A free chequebook is not provided.

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Easy Transactions

 

Money can be withdrawn or transferred using Aadhaar or UPI apps, similar to regular savings accounts.

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No Transaction Charges

 

No fees for electronic transactions via NEFT/RTGS.
Opening, closing, or reactivating the account is free of charge.

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Single Account Rule

 

You can open a BSBDA only if you do not have another savings account in the same bank.
If you open a BSBDA and have another savings account, the existing account must be closed within 30 days.

 

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Withdrawal Limit

 

Up to four free withdrawals per month from any ATM or branch.

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