Banking
Basic Savings Account
pronounced: [B-a-s-i-c- -S-a-v-i-n-g-s- -A-c-c-o-u-n-t]
A zero-balance savings bank account offered by all banks under RBI guidelines, providing basic deposit facilities, ATM/debit card, and access to government schemes like Jan Dhan and direct benefit transfers.
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Last updated: 21 May 2026