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Capital SFB

Basic Savings Bank Account (Suvidha Bachat)

Features of Basic Savings Bank Account (Suvidha Bachat)

Zero Balance Account to make banking accessible to everyone

No Folio Charges for maintaining the records of your account

Reduced KYC Procedures with an objective to outreach low-income group

About Basic Savings Bank Account (Suvidha Bachat)

Suvidha Bachat Account in an effort to achieve 100% financial inclusion in its area of operation. This new scheme promotes financial inclusion to empower more communities, helping them to build financial resilience and achieve their goals.

Eligibility

Resident Individuals who are 18 years of age or older, Singly or Jointly.

Guardians acting on behalf of minors and salaried individuals

HUF Firms

How to apply for Basic Savings Bank Account?

Visit your nearest branch: To begin the process, bring your KYC documents and passport-sized photographs to your nearest branch. You can fill out the application form at the branch to get started.

Customer Care: Call us at 1800 120 1600, one of our representatives will get in touch with you.

Email: Mail us as at lead@capitalbank.co.in with your Name, Contact Number, Address & Message. One of our representatives will get in touch with you.

Documents Required

Account Opening Form (AOF) duly filled

Identity & Address proof as per KYC norms

Passport Size Photograph

Copy of PAN Card or Form 60

Related documents for HUF, Trust, Society etc.

Benefits of Basic Savings Bank Account (Suvidha Bachat)

  • No Minimum Balance: Free to make deposits and withdrawals as needed, without worrying about minimum balance requirements.
  • Digital Banking: Experience the convenience of depositing funds into your account with just one click, without filling out a deposit slip.
  • Other Benefits: Free Transfer of funds within CSFB accounts, free Debit Card.

Insurance Cover for Deposits

All bank deposits are covered under the insurance scheme offered by the Deposit Insurance and Credit Guarantee Corporation of India (DICGC), subject to certain limits and conditions. For more information, you can visit https://www.dicgc.org.in/ or scan the QR code.

FAQs

Upon opening your account successfully, you can request a Classic Debit Card to be sent to the address provided for communication.

No, there is no monthly fee and requirement of minimum balance.

A Suvidha Bachat Account allows for flexible saving and withdrawing with no minimum balance requirement, while still earning interest. It also offers regular savings account features such as IMPS transfers, phone and internet banking access, and free SMS alerts.

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