CSB Social Support (BSBDA)
A new savings bank account in the nature of No Frills Account, offering basic banking services, to facilitate financial inclusion. This is a zero balance account with free basic services such as deposit and withdrawal of cash, ATM-cum-Debit Card, receipt / credit of money through electronic payment channels or by means of deposit / collection of cheques at bank branches as well as ATMs.
An individual is eligible to have only one â€˜Basic Savings Bank Deposit Accountâ€™ in one bank. If he/she is already having a Savings Bank Account, then the same will have to be closed within 30 days of opening a BSBDA.
Minimum Balance:Â No minimum balance requirement
Cheque book facility:Â Initial 10 leaves multi city cheque book free of cost .Beyond which, cheque book not exceeding 10 leaves will be issued against collection of charges.
ATM cum Debit card:Â Free of charge
Switch over facility:Â Upon request from the customer, CSB Social Support (BSBDA) Savings Scheme account can be converted/upgraded to regular SB account.