Bandhan Bank Savings Account

Last Updated : Feb. 27, 2025, 1:08 p.m.
Bandhan Bank is one of the nouveau banks in India. Incorporated in 2014, it is the subsidiary of the largest microfinance organisation in India. Bandhan Bank now has more than 1000 branches across the country. In this article, we will take a deeper look into the Bandhan Bank Savings Account and their features offered by Bandhan Bank.
Bandhan Bank Savings Account Interest Rates 2026
Below are the savings accounts interest rates for Bandhan Bank savings accounts:
| Bandhan Bank savings account | Rate of Interest |
|---|---|
Balance up to Rs. 1 Lakh | 3.00% |
Balance above Rs. 1 Lakh to Rs. 10 Lakh | 6.00% |
Balance above Rs. 10 Lakh to Rs. 2 Crore | 7.00% |
Balance above Rs. 2 Crore to Rs. 10 Crore | 6.25% |
Balance above Rs. 10 Crore to Rs. 50 Crore | 6.50% |
Balance above Rs. 50 crore to Rs. 100 crore | 8.00% |
Balance above ₹100 crore to ₹250 crore | 8.00% |
Types of Bandhan Bank Savings Account
Below are the types of savings accounts provided by Bandhan Bank.
1) Premium Account
This is a premium savings account. The average monthly balance requirement is Rs. 100000.
- Free financial transfers
- Phone banking
- Issuance of free cheque books.
- Concert and exhibit invites
- Special dining and shopping offers
2) Sachay Savings Account
This no-frills savings account. The account holder should maintain an average monthly balance of Rs. 2000.
- SMS alerts
- Any branch banking
- Internet banking
- Mobile banking
3) Advantage Saving Account
This savings account requires an average monthly balance of Rs. 25000.
- Internet banking,
- Fast fund transfers
- High-interest rate
- Increased transaction limits
- Free ATM withdrawals
- Branch banking
4) Special Saving Account
This account is specially designed for differently abled people.
The average minimum balance requirement Rs. 5000.
- Mobile banking,
- Doorstep banking,
- Free online banking
- Free debit card.
5) Standard Saving Account
This savings account gives a high-interest rate. It requires an average monthly balance of Rs. 5000
- Internet banking
- online fund transfer
- phone banking available.
- Transaction alerts help keep a track of transactions
6) TASC Account
The Trust, Association, Society, and Club savings account is specially designed for non-profit organizations. This is a zero balance account.
- Doorstep banking,
- 60 free cheque leaves every quarter
- Local cheque collecting
7) GOS Account
This top zero-balance account is intended for central and state government personnel for receiving subsidies and grants.
- Doorstep banking
- Free demand drafts
- Complimentary internet banking services.
8) Basic Savings Account
This is a basic savings account with a zero balance with a free debit card.
9) Basic Small Savings Account
This zero-balance account is intended for people who do not have the necessary documents to start an account.
- Certain restrictions on deposits and withdrawals of funds.
Bandhan Bank Savings Account Benefits
- Easy to open and operate.
- Any branch banking.
- Mobile banking, phone banking available.
- Free debit cards.
- Passbook and chequebooks issued.
Documents Required for Bandhan Bank Savings Account
The documents for opening a savings account are:
- Proof of Identity - PAN card, passport, driving license, Aadhar card
- Proof of residence - Aadhar card , passport, utility bill, ration card
- Proof of signature - NREGA card, passport
- Photographs - Recent
What is the Minimum Balance for Bandhan Bank Savings Account?
Below are the minimum balance requirements for Bandhan Bank savings account:
| Savings Account Type | Average Monthly Balance Requirement |
|---|---|
Premium Savings Account | Rs.1,00,000 |
Advantage Savings Account | Rs.25,000 |
Sanchay Savings Account | Rs.2,000 |
Standard Savings Account | Rs.5,000 |
Special Savings Account | Rs. 5, 000 |
Special Savings Account | Rs.5,000 |
GOS Savings Account | Nil |
TASC Savings Account | Nil |
BSBDA Savings Account | Nil |
BSBDA-Small Savings Account | Nil |
Bandhan Bank Savings Account Charges & Fee
Below are the charges and fees related to Bandhan Bank savings account.
| Particulars | Fees |
|---|---|
Average quarterly balance | Nil |
Non-maintenance charges | Nil |
Cash deposit | Up to Rs.5 lakhs free per month |
IMPS/NEFT/RTGS | Free |
Cheque leaves | Rs.2 per leaf |
Debit card issuance | Nil |
Debit card AMC charges | Nil for the first year |
ATM transactions in Bandhan Bank | Unlimited |
ATM transaction in Non-Bandhan Bank | Unlimited |
Issuance of passbook | Free |
Email statements | Free |
Issuance of annual consolidated statement | Free |
SMS alert facility | Free |
Debit card annual charges | Nil |
Debit card reissuance charges | Rs.150 |
Debit card Pin re-generation charges | Nil |
NEFT Transfer |
|
IMPS charges |
|
DD issuance charges |
|
Duplicate DD Issuance | Rs.100 per instrument |
DD cancellation/revalidation | Rs.100 per instrument |
Cheque stop payment | Rs.100 per instrument Rs.300 per series |
Cheque/ECS return | Rs.200 |
Duplicate passbook for balance maintained and 400 entries | Rs.100 |
Duplicate annual consolidated statement | Rs.200 |
Additional cheque leave after the free cheque leaves | Rs.2 per cheque leaf |
Customer induced account closing within 6 months | Rs.300 |
How to open a Savings Account in Bandhan Bank?
You can open a savings account at Bandhan Bank at the comfort of your home. Apply for opening a savings account on the official bank website. Fill in the bank application form and upload all KYC documents. A bank official will get back to you.
You can also complete the form using the bank application. Upload all the documents and wait for the confirmation from the bank.
A starter kit is shared with you once the application is processed.
Alternatively you can visit the nearest branch of Bandhan Bank and submit your application with all the required documents.
Frequently Asked Questions (FAQs)
What is the minimum balance of a bandhan bank savings account?
Is bandhan bank a zero balance account?
Is bandhan bank savings account safe?
What is the monthly average balance of bandhan bank?
What is the limit of bandhan bank ATMs?
How many transactions are free in bandhan bank?
What are cash deposit charges in bandhan bank?
What is the interest rate of bandhan bank savings account?
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