top of page
Product Details
Bank Name
ESAF Small Finance Banks
Account Name
ESAF Senior Citizen Account
Account Type
Saving
Interest Rate
Upto 5 Lakh: 4.5%. Between 5 and 15 Lakh: 5.5%. Above 15 Lakhs: 6.5%.
Free Debit Card
No
71.4
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
INR 2,000
Debit Card Charges
Rupay Platinum. Joining Fee - INR 499. Annual fee - INR 499
NEFT Charges
Free
IMPS Charges
INR 5 Per Transaction
Fees and Charges
ESAF Senior Citizen Account
Special Features
Eligibility Criteria
All Indian residents can open this account..
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Free NEFT/RTGS transactions.
Free 8 transactions at other bank ATMs (financial/non-financial).
Cons
Few value-add features.
ESAF Senior Citizen Account
The account comes with decent interest rate however, the account offers minimal value add features.
Abhijeet Saxena
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
Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
bottom of page