Hii Buddy , I want to know What is the Eligibility and Fees Charges of Saral Savings Bank Account of State Bank Of Mysore , Can you please Give me ?

Saral Savings Bank Account can be opened with a initial deposit of Rs. 10 and then can be maintained at zero balance.

This account is available at the rural branches only.

No Cheque Book or ATM will be Issued with this Account.

Eligibility Criteria

Individuals of 18 years and above
Min Age 18 Yrs.

Services & Features

Overdraft Facility No
Reward Points No
Internet Banking No
Phone Banking No
Mobile Banking No
SMS Alerts No

Fees & Charges :

Charges for non maintenance of minimum quarterly average balance
If the value of business connection including interalia, the other liability products like Recurring Deposit or Term Deposit,exceed Rs. 10,000/- the account will be upgraded to normal SB account.

Cash Transaction Withdrawal
Maximum 4 withdrawals per calendar month

Cash Deposit
No Restrictions on deposits in the account

Issue of DD drawn on base Bank/banks branch by cheque/transfer

Upto 5,000/- - Rs. 25
Above 5,000/- upto 10,000/ - Rs. 40
Above 10,000/- upto 1,00,000/- - 3 per 1,000/- or part
there of (min. 50/-)
Above 1,00,000 - 2.50 per ` 1000/- or part thereof(min 300/- & max 12,500/-)

Cheque Books
Not Applicable

Balance Certificate
100/- per instance