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Product Details
Bank Name
Nainital Bank
Account Name
No Frill Saving Account:
Account Type
Saving
Interest Rate
2.85%
Free Debit Card
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51.2
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
Debit Card Charges
Rs.200/-
NEFT Charges
Upto Rs. 10000/-Rs.2.25 per transaction and Above Rs 10000/- to 1" lakh-Rs.4.75 per transaction.
IMPS Charges
Free
Fees and Charges
No Frill Saving Account:
Special Features
Eligibility Criteria
All resident individuals
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Nomination facility is available.
Any number of accounts in a family can be opened under this scheme.
Cons
Very few value added feature
Nainital Bank No Frill Saving Account
The account comes with low interest rate and 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
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