Reserve Bank of India - FAQs on Basic Savings Bank Deposit Account


This is a webpage by the Reserve Bank of India with answers to frequently asked questions (FAQs) about Basic Savings Bank Deposit Accounts (BSBDAs). It covers such topics as:

1. Definition of Basic Savings Bank Deposit Account
2. Eligibility
3. Account Closure
4. Know Your Customer (KYC) Norms Applicable to BSBDAs
5. Eligibility for BSBDA-Small Account
6. Services of BSBDAs
7. Limitations of BSBDAs
8. Rates of Interest Payable to BSBDAs

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Reserve Bank of India
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