CSB Bank Savings Account

Last Updated : Feb. 28, 2025, 12:46 p.m.

The Catholic Syrian Bank is one of the oldest private sector banks in Kerala. It offers simple savings solutions through its savings accounts. It has a network of 420 branches spread across the country. The bank offers products that are designed for the people of Kerala. In this article, we will talk about the CSB Bank savings account types, interest rates, benefits of the savings accounts etc.

CSB Bank Savings Account Interest Rates 2026

Below are the saving account interest rates for CSB Bank:

Types of CSB Bank Savings Account

CSB provides the following types of savings accounts to customers -

• General Savings Account - This account is for individuals and can be held either on a single or joint basis. Organisations that are non-trading and institutes can aslo open this account.

1. Minimum opening amount of Rs.500 in rural or semi-urban branches.
2. In urban locations or metros a minimum amount of Rs.1,000 is needed to open the account.
3. A multi-city checkbook facility is available
4. A general savings account of CSB can also be transferred to another branch, absolutely free of any charges.

• CSB Students Support Savings Scheme - Students studying in year 1 and onwards till post graduation and including diplomas are eligible to open this savings account. This is the top savings account for minors .

1. It is a zero balance account. No minimum balance requirement.
2. Debit cards are free
3. Cheque books are not included
4. The debit cards are valid at ATMs

• CSB Social Support Savings Scheme - This savings account tragets the financially lower strata. People from rural areas are benefitted from this scheme.

1. No minimum balance requirements for this account.
2. ATM cum debit card is free
3. You can convert the CSB Social Savings Scheme Account to a regular SB account

• CSB Suvidha Plus Scheme - This savings account is for corporate employees earning a minimum salary of Rs. 5,000.

1. There is no minimum balance requirement.
2. A debit card is offered to the account holder absolutely free, and this card can be used at any ATM.
3. Multi-city checkbook is available.

• CSB Platinum Savings Account - The CSB Gold Savings Account provides unlimited free access to all ATMs across the country.

1. The minimum average monthly balance of Rs.25,000 is mandatory
2. A RuPay Platinum debit card with a daily cash withdrawal limit of Rs.75,000
3. Discount on locker rentals.
4. NEFT/RTGS transfers are free

• CSB Silver Plus Savings Account - Account holders should maintain a minimum average monthly balance of Rs.10,000 to open this savings account.

1. NEFT/RTGS transactions are free.
2. A RuPay Classic debit card which has a withdrawal limit os Rs. 40,000
3. Discount on locker rentals.

• CSB Blue Savings Account - For this account, accountholders should maintain a minimum average monthly balance of Rs.5,000 (urban/metro) and Rs.2,500 (rural/semi-urban).

1. A RuPay Classic debit card Rs.40,000 as daily limit of withdrawal
2. NEFT/RTGS transfers are free.

• CSB SPARK Suvidha Savings Account - This savings account is specially offered to Kerala Government employees.

1. multi-city cheque book facility
2. complimentary accident insurance cover, overdraft facility,
3. Platinum debit card.

CSB Bank Savings Account Features & Benefits

Below are some benefits of CSB savings accounts:

• Special benefits to Kerala employees.
• Competitive interest rate.
• NEFT/RTGS facilities.
• Multi city cheque facility.
• Zero balance accounts.

Documents Required for CSB Bank Savings Account

The documents required for opening a savings account at CSB Bank are -

• Proof of Identity - PAN card, passport, driving license, Aadhar card
• Residence Proof - Aadhar card , passport, utility bill, ration card
• Proof of signature - NREGA card, passport
• Photographs - Recent

What is the Minimum Balance for a CSB Bank Savings Account?

A lot of accounts offered by CSB Bank are zero balance accounts . But, for the Blu savings accounts, accountholders should maintain a minimum average monthly balance of Rs.5,000 (urban/metro) and Rs.2,500 (rural/semi-urban).

CSB Bank Savings Account Charges & Fee

Below are some charges associated with CSB Bank.

• Orange Accounts - Maximum charge Rs.100 (Rural branches); Maximum Rs.200 (Semi-Urban, Urban and Metro branches).
• Silver Accounts – maximum charge Rs. 250.
• Gold Accounts– maximum charge Rs. 300.
• Platinum Accounts – maximum charge Rs. 500.

Charges, if applicable, will be debited at the end of each quarter.

Cheque Book Issue Beyond free limits, additional cheque leaves cost Rs. 2 each.

• Annual Maintenance - Rs. 100.
• Accounts maintaining AQB of Rs. 1 lakh or above are exempted from AMC..
• Account Closure Charges Free for closure within 15 days from the date of account activation.
• Rs. 100 – if the account is closed after 15 days but within 1 year from the date of account activation.

How to open a Savings Account in CSB Bank?

• It is easy to open a savings account at CSB Bank.
• If you choose to do the process online from the comfort of your own home, go to the bank website and click on open account.
• Fill in the required information and submit.
• Carry the original documents for verification at the bank.
• If you choose the offline mode, visit the nearest branch of CSB Bank and fill in the application form.
• The bank officials can help you pick from the savings accounts the most convenient and suitable account for you.
• Once the process is complete, the bank officials will verify all the documents and open your account.