Karnataka Gramin Bank Savings Account

1. The minimum balance that must be maintained is low. 
2. Tax Deducted at Source (TDS) is not applicable. 

1. One nominee can be added to the account. 
2. A debit card is provided. 
3. Transactions can be made via UPI, IMPS, and NEFT. 
4. Depending on the type of account, a cheque book will be provided. 
5. Standing instructions can be set. 

1. Mobile and internet banking access is provided. 
2. A passbook is provided. 

Karnataka Gramin Bank Savings Account Minimum Balance 

The minimum balance that must be maintained for the different types of savings accounts offered by the bank is mentioned below: 

1. Savings Bank Plus: Rs.10,000 

1. SB General without Cheque Book Facility: Rs.500 
2. SB General with Cheque Book Facility: Rs.1,000 

How to Open a Karnataka Gramin Bank Savings Account? 

You will need to visit the nearest Karnataka Gramin Bank branch to open a savings account. It is important that you carry the relevant Know Your Customer (KYC) documents when you visit the bank branch. 

Documents Required 

The list of documents that must be submitted in order to open a savings account with Karnataka Gramin Bank are given below: 

1. Proof of identity such as Voter ID, driving license, passport, Aadhaar Card, etc. 
2. Proof of address such as passport, driving license, Aadhaar Card, etc. 
3. Permanent Account Number (PAN) Card. 

Any other documents requested by the bank must be submitted as well, 

Types of Karnataka Gramin Bank Savings Account 

The different types of savings accounts that are offered by Karnataka Gramin Bank are mentioned below: 

1. Savings Bank Plus 
2. SB General without Cheque Book Facility 
3. SB General with Cheque Book Facility