"A Savings Account is one of the primary services offered by the retail banks. In addition to saving money and helping you maintain a healthy liquidity a Savings Account also enables you to perform various other financial activities like paying bills, making online purchases and investing in equity. A minimum deposit in your Savings Account in your account helps you earn good interest.
The salient features of the regular saving account are as under:
1. A Savings Account can be opened by Individuals / Minors / HUFs.
2. Minimum balance required to be maintained in Saving Account is Rs. 1000/- with cheque book facility and ATM Card facility.
3. Mobile banking, internet banking, BBPS, Debit Card, IMPS, RTGS, NEFT and Locker facility can be availed."