Product Details
Bank Name
Bandhan Bank
Account Name
Bandhan Bank Special Savings Account
Account Type
Saving
Interest Rate
Daily Balance up to ₹1 lakh -3.00% and Daily Balance above ₹1 lakh to ₹10 lakh -6.00%. Above 10 Lakh: 7%
Free Debit Card
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
5000(Monthly average balance required)
Debit Card Charges
NEFT Charges
Free online
IMPS Charges
Free online
Fees and Charges
Bandhan Bank Special Savings Account
Special Features
Eligibility Criteria
An individual residing in India.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Account is tailored for senior citizens and it has a number of benefits for senior citizens
Banking allowed across any Bandhan Bank branch across India.
Cash withdrawal at ATMs of other banks is free.
Free fund transfer for 5 IMPS/RTGS/NEFT (through branch)/DD per month.
Free NEFT transactions through Internet banking and mBandhan (mobile app).
Visa Platinum Debit Card with a number of features.
Free 1 cash/cheque pickup and drop per month free .
Cons
Bandhan Bank Special Savings Account
The account offers a decent interest rate. It offers a number of value add features for senior citizens such as 1 free cash pick up/drop from home. Overall it is a great product.
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