Regular Savings Account

                                                                                                                                       Open Account Online

Regular savings account with added benefits. A perfect balance of savings to spends. Access your account 24x7 using our Internet or Mobile Banking.                                                                       

                                                                                                                                       

 

Features feature-icon

  • AQB-icon

    AMB of ₹ 10000

    no-charge-icon

    No Maintenance Charges

    cheque-icon

    One multicity cheque of 25 leaves free per quarter

    debid-card-icon

    Spend more, Save more using Debit Card

    fav-num-icon

    Your Favorite Number can now be your Bank Account Number

    nominate-icon

    Nomination facility available

Savings Account Interest Rate w.e.f. 14th December, 2022

Daily Closing Balance Rate Slab
Up to ₹ 1 lakh 3.50%
Above ₹ 1 lakh and upto ₹ 5 lakhs 5.25%
Above ₹ 5 lakhs 7.00%

Interest will be calculated on the daily closing balance of the account

Interest will be paid on quarterly basis by direct credit in the savings account

Slabs rates are applicable on the incremental amount based on the closing balance

Please read all terms and conditions

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Charges

Schedule of charges for Savings Accounts w.e.f 8th January 2023.

Average Monthly Balance 
AMB (50% for semi-urban and rural areas) ₹ 10,000/- In Metro, Urban branches
₹ 5000/- in Semi-urban branches
₹ 2500/- in Rural branches
AMB non-maintenance charges (to be charged monthly) NO CHARGES APPLICABLE
Grouping with Family Accounts or Business
Current Account Grouping Can be grouped to Current account of equal or higher value
Savings Account Grouping Can be grouped to Savings Account of higher value
Cheque book (PAP cheque book of 25 leafs) limit 1 cheque book free per quarter
Charges beyond free limits ₹ 2 per leaf
Collections
Local cheque clearing Free
Outstation cheque collection charges at bank location Up to ₹ 5000 – Charge of ₹ 25, Above 5000 and up to and including ₹10,000 – Charge of ₹ 50, Above ₹ 10,000 and up to including ₹ 100000 – Charge of ₹ 100, Above ₹ 100000 – Charge of ₹ 150
Outstation cheque collection charges at non-bank location
RTGS inward / NEFT inward / IMPS inward Free
Foreign inward remittance Free
Payments
Demand Draft and Payorder at branch locations Free up to 3 DDs per month
Charges beyond free limits ₹ 50 per DD
Demand Draft at non-branch locations ₹ 100 per DD
PAP cheque payment Free
RTGS and NEFT outward at branch (free online) NEFT :Upto ₹ 10000/- ₹ 2.25, From ₹ 10001 to ₹ 100000 : ₹ 4.5, From ₹ 100001 to ₹ 200000 : ₹ 14.5,Above ₹ 200000 : ₹ 24.5. RTGS: From ₹ 200000 to ₹ 500000 : ₹ 20, Greater than ₹ 500000 : ₹ 40.
IMPS outward (per day limit of ₹ 5,00,000/-) ₹ 1 per Transaction
Cash Charges
Cash Deposit limit at home location Free up to ₹ 1,00,000 per month
Cash Deposit limit at Non-Home location (including ATM) NIL
Charges beyond free limits at Home & Non-Home Branch (Including ATM and Branch) ₹ 4/1000
Cash Withdrawal at home location Free
Cash Withdrawal at non-home location ₹ 4/1000
Debit Card Transactions at across Equitas Bank ATMs (Include Financial & Non-Financial Transaction) Free Unlimited
Debit Card Transactions at Metro location other Bank Atms (Financial & Non-Financial Transactions) 3
Debit Card Transactions at Non-Metro location other Bank Atms (Financial & Non-Financial Transactions) 5
Charges on Financial Transactions beyond free limits* ₹ 21 per transaction
Charges on Non-Financial Transactions beyond free limits ₹ 10 per transaction
Cash withdrawal outside India (for international cards only) ₹ 110/- per transaction
Balance Inquiry Outside India (for international cards only) ₹ 25/- per transaction
Other Charges
Rupay/VISA Classic Debit Card (Charges for issuance and renewal) ₹ 125
Rupay Platinum Debit Card (Charges for issuance and renewal) ₹ 199
VISA Gold Debit Card (Charges for issuance and renewal) ₹ 125
VISA Platinum Debit Card(Charges for issuance and renewal) ₹ 199
ELITE / VISA Signature Debit Card(Charges for issuance and renewal) ₹ 499
Card Transaction Slip Retrieval charges (for incorrect claims) ₹ 250/- per slip
Stop payment single cheque (free online) ₹ 100 per cheque
Stop payment series (free online) ₹ 150 for a series of 25 cheques
Outward cheque return charges for financial reasons ₹ 100 per cheque
Inward cheque return charges for financial reasons ₹ 350 per cheque for up to 2 cheques, ₹ 500 per cheque for 3-5 cheques, ₹ 750 per cheque 6th cheque onwards
Inward/ Outward cheque return charges for technical reasons NIL
Standing instructions set up/Amendment (Free for RD/SIP/Bill Payment) ₹ 25 per instance
Standing Instructions failure (return) ₹ 150 per return
ECS / NACH return due to financial reasons ₹ 200 per return
SMS Alerts (Debit & Credit Transaction^) Free
SMS Alerts (Day-End Balance Change) ₹ 10 per quarter (only if facility is availed)
Certificate and Report issuance
Balance Certificate at Branch (online free) ₹ 250 per instance
Previous year balance and interest statement (free online) 1 free per annum, `300 per statement thereafter
Passbook issuance Free
Duplicate Passbook issuance ₹ 50
Signature verification certificate / Photo attestation / Address confirmation ₹ 50 per instance
Duplicate TDS certificate ₹ 100
Duplicate account statement print (free online or on email) ₹ 50
DD / PO revalidation / cancellation ₹ 100
Account closure charges if closed on customer request, after 15 days of account opening and before completing 6 months. ₹ 500
Account inactive charges NIL
Doorstep Banking*
Cheque pickup (on call) ₹ 50 per instance
Cheque pickup beat (Per month) ₹ 300
                               Cash pickup beat (charges per month)
Up to ₹ 200000 ₹ 2200
₹ 200000 to ₹ 500000 ₹ 3200
₹ 500000 to ₹ 1000000 ₹ 8000
₹ 1000000 to ₹ 2000000 ₹ 12000
₹ 2000000 above Contact branch
                         Cash pickup on call (charges per instance)
Up to ₹ 200000 ₹ 150
₹ 200000 to ₹ 500000 ₹ 300
₹ 500000 to ₹ 1000000 ₹ 500
₹ 1000000 to ₹ 2000000 ₹ 800
₹ 2000000 above Contact branch
No of Transactions

Aggregation of all the customer induced transactions including:

Cash / Cheque / DSB / DD(Excluding Online and ATM Txn) 8 transactions free per month
Charges beyond free limits ₹ 15 per transaction over and above the individual transaction limit charges

Available on request at select locations only. Taxes as applicable will be additional.

PAP: Payable At Par NA: Not Applicable
SA: Savings Account CA: Current Account
  • Cash withdrawal failed due to insufficient funds considered as financial transaction
  • All Debits, Credits above ₹ 5,000 only (for alert of credit below ₹ 5,000 raise request with branch or customer care)
  • ELITE Debit Card is issued to ELITE customers only, Rs.499 charges applicable if customer no longer holds ELITE program status (contact customer care/branch for replacement debit card to avoid charges)