Product Details
Bank Name
CSB Bank
Account Name
CSB Student Support Savings Account
Account Type
Savings
Interest Rate
Up to and including Rs 1 Lakh-2.10%,Up to and including Rs 25 Lakh-2.75%
Free Debit Card
Yes
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
0
Debit Card Charges
Not specified by the bank.
NEFT Charges
Free through net banking.
IMPS Charges
Free through net banking.
Fees and Charges
CSB Student Support Savings Account
Special Features
No stipulation on the minimum balance.
Free debit card facility.
Eligibility Criteria
Students of age 12 and above.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
The account is specially designed for students.
There is no requirement for a minimum balance to be maintained in the account.
Cons
Very few benefits are provided.
Low interest rates.
Application Procedure
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Product Review
Account Opening and Procedure
How to open an Account?
The CSB Student Support Savings Account is likely designed to cater to the financial needs of students. Here's a general idea of how to open such an account, keeping in mind that specific details might vary:
Eligibility:
Age: Typically, students of recognized schools (from standard I onwards) and those pursuing diplomas, graduation, professional courses, and post-graduation are eligible.
Key Features:
No Minimum Balance: This account might not require you to maintain a minimum balance.
Limited Transactions: There could be a limit on the number of transactions allowed per month.
Free Services: Basic banking services like deposits and withdrawals might be free of charge within the permitted limits.
Steps to Open:
Visit a CSB Bank Branch: Locate the nearest branch.
Request Account Opening Form: Obtain the specific form for the Student Support Savings Account.
Fill the Form: Provide accurate and complete information.
Submit Documents: Submit the required documents. These might include:Proof of Identity: Aadhaar Card, Voter ID, etc. (if available)
Proof of Address: Ration Card, Utility bills, etc. (if available)
Proof of Student Status: A copy of your fee receipt or a certificate from your educational institution.
Account Activation: The bank will review your application and activate your account.