Jana Small Finance Bank| Jana Saving Plus Accountaccount Interest Rates, Minimum Balance, Features

Product Details

Bank Name

Jana Small Finance Bank

Account Name

Jana Saving Plus Account

Account Type

Saving

Interest Rate

Upto 1 Lakh: 2.5%. Between 1 and 5 Lakh: 5%. Above 5 Lakhs and upto 10 Lakh: 6.5%.Above 10 Lakhs and upto 10 Crore: 7.5%.

Free Debit Card

Account Opening Fees

Debit Card Charges

Rupay Platinum. Joining Fee - Nil. Annual fee - INR 199

Annual Maintenance Fees

NEFT Charges

Free if done online.

Minimum Account Balance

INR 50,000 (Metro) INR 25,000 (Non-Metro)

IMPS Charges

Free.

Fees and Charges of

Jana Saving Plus Account

Special Features

High interest rate.

Eligibility Criteria

• Indian residents abovIndian resident.
• Age should be a minimum of 18
• Minum balance of INR 2,000.

Benefits

Features, Eligibility and Benefits of

Jana Saving Plus Account

Pros & Cons of

Pros

• High interest rate.
• Free NEFT and IMPS if done online.

Cons

• Few value-add features.
• Jana has limited branch and ATM network.

Jana Saving Plus Account

Jana Saving Plus Account Review

The account comes with decent interest rate however, the account 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

Jana Saving Plus Account

Account Opening and Procedure of

How to open an Account?

To open a Jana Savings Plus Account, you can follow these general steps:

1. Visit a Jana Small Finance Bank Branch:

• Locate the nearest branch to your residence.
• Request an account opening form for the Regular Savings Account.

2. Fill Out the Application Form:

• Provide accurate information in the application form, including your personal details, contact information, and occupation.

3. Submit Required Documents: * Note: The specific requirements may vary slightly. You might need to provide: * Proof of Identity (Optional): While not always mandatory, it's recommended to provide any available identification, such as Aadhaar Card, Voter ID, Driving License, or Passport. * Proof of Address (Optional): Similarly, provide any available proof of address, such as Aadhaar Card, Voter ID, Driving License, Passport, or utility bills.

4. Account Opening Procedure:

• The bank representative will guide you through the account opening process.
• You may need to provide your signature and other necessary details.

Application Procedure

Jana Saving Plus Account