Regular Savings Account

Regular Savings Account - KVB

KVB offers Savings accounts for the purpose of inculcating the habit of savings among general public so that a portion of one's earnings can be set apart for future needs.

Features
  • Can be opened in the names of individuals singly / jointly / with either or survivor options
  • VISA Debit cards, Internet Banking, Mobile Banking facilities are available.
  • Nomination facility available
  • Cash remittance  at base branch  Free upto Rs. 3 lakh per month,   after which Rs. 2.25 per 1000/- Min – Rs.10
  • Cash Withdrawal for self cheque is free without any limit for both base and non base branches
  • Cash Withdrawal for Third Party cheque is Rs. 50,000 per day per party
  • Outstation Cheque collection charges as per the service charges tariff
      • Free 25 cheque leaves per annum.
      • The number of all debit transactions including ATM transactions in the account will be limited to 90 transactions for each half year for all the accounts mapped to a single customer ID put together.
  • A service charge of Rs.2.25/- inclusive of GST will be levied for each transaction in excess of 90 transactions
Terms and conditions
  • Penalty of Rs.200/- will be levied for non-maintenance of minimum balance.
  • Customers should provide satisfactory introduction, address and ID proof in order to comply with KYC norms.
  • Sufficient balance should be maintained in the account at the time of issuing cheques

KYC Documents for opening an Account
Service Charges