Saving Bnak Ordinary Account is a Saving bank Account available at all teh branches of BOI. It is generally a normal saving account where an individual can save his /her hard-earned money under certain features as stated below.
Features
| Eligibility | Individuals, Joint Account, Illiterate Person, Blind Person, Minors, Association, Clubs, Societies, Trusts & Institutions/Agencies etc. |
| Initial Deposit and Minimum Average Quarterly Balance | The intial balance and average quarterly balance is Rs 500 with chequebook facility and Rs 100 without chequebook facility. |
| Non-maintenance Charges | A penalty of Rs 54 + service tax is levied per quarter for all the centres for saving bank account with cheque book facility if the AQB is not maintained.
A penalty of Rs 40 + service tax is levied per quarter for all the centres for saving bank account without cheque book facility if the AQB is not maintained. |
| Internet banking | Available |
| Cheque book facility | Available and free 50 cheque leaves per annum. |
| ATM Transaction | You can enjoy unlimited ATM transaction |
| Bill Payment | Apy your utility bills like the electricity bill, telephone bill through the bill payment facility called Epay. |
| Benefits for BOI customers | BOI-National Swasthya Bima Policy floater mediclaim policy of NICL available at low premium. |
| Nomination Facility | Available, as per the norms of the bank. |
Get more Details about Saving Account Schemes
Bank of India Star Suraksha SB Plus Account
BOI Star Senior Citizen Saving Bank Account
