Monica Malik Instagram – Do you know that you don’t need to maintain a minimum balance in your account?
Yes! This is possible because of Basic Savings Bank Deposit Account (BSBDA) that you can open in any bank of India.
✅Benefits:
👉No need to maintain a minimum balance in BSBDA.
👉Account holders get a Debit Card and passbook free of cost.
👉Interest in BSBDA is similar to a regular savings account.
👉Account holders can also open fixed deposits and recurring deposits.
👉No fees are charged if the account becomes inactive.
👉You can convert your regular Savings Account to a BSBDA if you follow the required conditions and rules.
✅Eligibility:
👉Maximum account balance: ₹50,000
👉Maximum annual deposits: ₹1,00,000
👉Maximum monthly withdrawals: ₹10,000
👉Maximum monthly withdrawals: 4 transactions
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#bank #zero #balance #account #banks #accounts #withdrawal #deposit #free #service #reelsvideo #prettymuchfinance | Posted on 01/Jul/2024 18:37:53
