Product Details
Bank Name
Central Bank of India
Account Name
Cent Samarth- Savings Deposits
Account Type
Saving /salaried
Interest Rate
At present up to Rs 10.00 lacs 2.90 % p.a. and above Rs.10 lacs 2.75 % p.a.
Free Debit Card
Yes, Rupay Platinum Debit card
Account Opening Fees
Debit Card Charges
Annual Maintenance Fees
NEFT Charges
Free online
Minimum Account Balance
IMPS Charges
Free online
Fees and Charges of
Cent Samarth- Savings Deposits
Special Features
- Zero balance account.
- 50% rebate in rent on one "Small Locker".
Eligibility Criteria
Benefits
Features, Eligibility and Benefits of
Cent Samarth- Savings Deposits
Pros & Cons of
Pros
- Pre-approved overdraft facility.
- Easily convertible to a pension account on retirement.
- Utility Bill Payment through Net banking is free.
- 50% rebate in rent on one "Small Locker".
- 50% concession in processing charges on all types of "Retail loans" availed by SB Samarth account holder.
- Five free DDs/BCs per quarter; (subject to per day limit of INR 1 lakh).
Cons
- Low interest rate.
Cent Samarth- Savings Deposits
The account comes with low interest rate and offers minimal value add features.
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Review of
Cent Samarth- Savings Deposits
Account Opening and Procedure of
How to open an Account?
Methods to Open an Account:
- Visiting a Branch: The traditional method involves going to your nearest Central Bank of India branch. You'll need to fill out an account opening form and submit the required documents.
- Online Account Opening: Central Bank of India is offering online account opening facilities, including Video KYC based account opening. This allows for a more streamlined process.This option is available through the bank's website.
Application Procedure
Cent Samarth- Savings Deposits
About this content
Public source: Original MyRupaya page
Captured 2026-11-06T10:50:02Z. Public page text has been preserved and restyled. Historical financial/product information may be outdated. Embedded widgets and forms are not copied or connected to live services.
