Opening a savings account with
SBH is easy. Locate your nearest branch now from the list in the
'Contact Us' page.
You need to maintain a minimum balance in the account, as listed
in the table:
(Amount in Rupees)
TYPE |
|
NON-RURAL |
| Nature of account |
CHEQUE |
NON-CHEQUE |
CHEQUE |
NON-CHEQUE |
| Public -Individual |
500 |
250 |
1,000 |
500 |
| Public – Others |
500 |
250 |
1,000 |
500 |
| Staff – Individual |
1 |
1 |
1 |
1 |
| Pensioners |
250 |
125 |
500 |
250 |
Can I open an account?
Yes, you can. Any individual, institution,
society, or minor 10yrs old and above is eligible.
Facilities we offer:
• Nomination
• Single and Joint accounts
• Services such as payments to LIC and house rent at nominal
costs
• Free account transfer facility between branches
• Half-yearly payment of interest @ 3.5%
You
are required to furnish the following as per Know Your Customer norms.
1)
Three recent passport size photographs
2)
Introduction from an existing account holder / person known to
the Bank (account holder with minimum six months standing)
3)
Further to verify the identity and authenticity of the address
you need to furnish one or more of each of the following list of
documents.
List-1
(For verification of Identity)
I.
Passport
II.
Election ID card
III.
PAN Card
IV.
Government Defence ID Card
V.
ID Cards of reputed employers
VI.
Driving License
List-2
(For verification of Address)
I.
Credit Card Statement **
II.
Salary Slip **/ Letter from the Employer subject to
satisfaction of the Bank
III.
Income / Wealth Tax assessment order **
IV.
Electricity Bill **
V.
Telephone Bill **
VI.
Property Tax Bill **
**
(Latest / Recent)
Simplified
KYC Procedure
Simplified
KYC procedure is there for opening accounts of the persons who intend
to keep balances not exceeding Rs.50,000/- (Rupees Fifty Thousand
only) in all their accounts taken together and the total credit in all
their accounts taken together not to exceed Rs.1,00,000/- (Rupees One
Lakh only) in a year. In such cases the accounts may be opened subject
to
a)
Introduction from another account holder who has been subjected
to full KYC procedure. The introducer’s account with the Bank should
be atleast six months old and should show satisfactory transactions.
Photograph of the customer, who proposes to open the account and also
his / her address need to be certified by the introducer.
OR
b)
Any
other evidence as to the identity and address of the customer to the
satisfaction of the Bank.
Click here for account opening form
|