INSUBCONTINENT EXCLUSIVE:
SBI's BSBD account offers the same rate of interest as applicable to savings bank account
State
Bank of India (SBI) offers certain accounts where average monthly balance (AMB) rule is not applicable
SBI's basic savings bank deposit (BSBD) account is a type of zero balance savings accounts and does not require customers to maintain any
particular minimum average balance
This account can be opened by any individual provided he/she has valid KYC (Know Your Customer) documents
SBI's BSBD account is primarily meant for poorer sections of society to encourage them to start saving without any burden of charges or
