Regular Savings Account

 

Regular Savings Account

The Regular Savings Account can be opened at the bank’s access points and your doorstep. This account can be used to keep funds secure, withdraw cash, deposit money and perform easy remittances, besides a host of other benefits. In addition, interest can be earned on the money kept in this account and the cash withdrawals allowed in this account are unlimited.

Key Account Features and Benefits:

• Banking at your convenience
• Instant and paperless account opening
• Interest rate of 4% p.a. on EOD daily balances, paid quarterly
• No monthly average balance required to be maintained
• The account can be opened with zero balance
• Free quarterly account statement
• Mini statement through SMS
• Simplified banking services through QR card
• Instant fund transfer through IMPS
• Easy bill payment and recharges
• Can be linked to POSA (Post Office Savings Account)

What makes us different

• Free account opening at your doorstep
• Assisted services through the GDS, as and when required
• Availability of funds at your doorstep, upon request
• Bill payment facility at your doorstep
• Simple and secure banking with QR card
• Multilingual customer support
• No commitment of minimum balance
• Nominal charges
• Day end balance above Rs. 1 lakh can be swept into linked POSA (Post Office Savings Account)
• Access to our growing merchant network
• Unlimited cash deposits and withdrawals

Rates

Interest Rates	Frequency of payout
4.00% p.a	Quarterly

Click here to see the detailed schedule of charges.

Call 155299 (toll-free number) to avail Doorstep banking services to open a Regular Savings Account with IPPB.

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