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Documents Required for Savings Bank Account

Savings Account
  • Instant money transfer
  • 24x7 ATM withdrawals
  • Attractive rate of interest

A savings account is a low-risk and one of the simplest ways of saving for your future. Customers are entitled to the interest earned over the deposits year after year. When opening a savings account, customers are required to submit their KYC documents - address and identity proof - for verification. Once the documents are verified by the bank, customers are eligible to open a savings account.

Documents Required to Open a Savings Bank Account

Identity Proof:

Listed below are any one of the documents that can be submitted by the customer to verify his/her identity. Note, that all the documents listed below have to be government approved.

  • PAN card
  • Passport
  • Driving License
  • Voter’s ID
  • Employee ID
  • Bank passbook
  • Ration card

Address proof:

Listed below are the government approved documents that validate the address of the customer. The customer has to submit any of the below listed documents.

  • Passport
  • Utility bill (telephone, electricity, water, gas) – less than 2 months old
  • Letter from a recognized public authority (gazetted officer) verifying the customer’s residence address
  • Bank passbook or Bank account statement
  • Voter’s ID
  • Ration card
  • LIC policy/ receipt

In addition to this, the customer is required to submit 2 passport size photographs and the account opening form of the bank - which will be available on the bank’s website or at the bank branch. Existing customers can open a savings account via their net banking account or through the mobile app of the bank.

Once the documents have been submitted, the bank will verify them and then state whether the customer is eligible to open a savings bank account with them or not. 

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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