Regular Savings Account Eligibility Criteria

• Resident Individuals (sole or joint account)
• Hindu Undivided Families
• Foreign Nationals Residing in India*
• Minor above the age of 10 years are eligible to open self operated minor account and an ATM/Debit card can be issued to the Minor

*Foreign Nationals should be residing in India for a period greater than 180 days and must possess: A valid passport, a valid visa, FRRO (Foreign Region Registration Office) Certificate, and a Residential Permit 

• To open a Savings Regular Bank Account, a minimum initial deposit of Rs. 10,000 is required for urban branches, Rs. 5,000/- for Semi-urban branches and Rs. 2,500 for rural branches
• It is mandatory to maintain a minimum average monthly balance of Rs. 10,000 or Fixed Deposit of Rs 1 Lakh for minimum 1 year 1 day period (w.e.f 1^st July’22)  for urban branches, average monthly balance of Rs.5000 or Fixed Deposit of Rs 50,000 for minimum 1year 1 day period (w.e.f 1^st July’22) for semi-urban branches, and an average quarterly balance of Rs. 2500 or a Fixed Deposit of Rs. 25,000 for a minimum tenure of 1 year 1 day (w.e.f 1st July’22) for rural branches