Applying for a Savings Account at BankBazaar.com involves three simple steps :
Step 1: In the first step, the user must fill the Savings Account eligibility form available online with required personal data. Once submitted the Savings Account tool automatically checks for eligibility of the applicant and personalized Savings Account options.
Step 2: In the second step, the applicant can compare various Savings Account options offered by the tool interface and apply for the best suitable Savings Account.
Step 3: The last step involves receiving an instant e-approval from BankBazaar.com after successful submission of Savings Account application online. The application is sent electronically to the selected bank. The Savings Account department of the concerned bank gets in touch with the applicant directly. Users can check the status of their application through SMS alters as well as emails.
| Type of Savings Account | Minimum Balance for Urban and Metro | Minimum Balance for Semi-Urban | Minimum Balance for Rural |
| Savings Account | 10,000 | 5,000 | 2,000 |
| Silver Savings Account | 25,000 | 25,000 | 25,000 |
| Freedom Savings Account | 10,000 | 10,000 | 10,000 |
| Easy Receive Account | 10,000 | 5,000 | 5,000 |
| Basic Savings Bank Account | ZERO | ZERO | ZERO |
| No Frills Account | ZERO | ZERO | ZERO |
| Regular Salary Account | ZERO | ZERO | ZERO |
| Salary Privilege Account | ZERO | ZERO | ZERO |
| Retiral & Pension Salary Account | ZERO | ZERO | ZERO |
| Defence Salary Account | ZERO | ZERO | ZERO |
| Senior Citizens Account | 5,000 | 5,000 | 5,000 |
| Young Stars | 2,500 | 2,500 | 2,500 |
| Bank @ Campus | 500 | 500 | 500 |
| Privilege Banking for Non-Senior Citizens | Rs.10,000 for blue Rs.50,000 for gold Rs.1,25,000 for titanium | Rs.10,000 for blue Rs.50,000 for gold Rs.1,25,000 for titanium | Rs.10,000 for blue Rs.50,000 for gold Rs.1,25,000 for titanium |
| Privilege Banking for Senior Citizens | Rs.10,000 for blue Rs.50,000 for gold Rs.1,25,000 for titanium | Rs.10,000 for blue Rs.50,000 for gold Rs.1,25,000 for titanium | Rs.10,000 for blue Rs.50,000 for gold Rs.1,25,000 for titanium |
| Advantage Woman Savings Account | 10,000 | 10,000 | 10,000 |
| Self-help Groupst | NIL | NIL | NIL |
| Type of Account | Debit Card Fees | Charges for SMS Alert | ATM Interchange Fees | |
| Savings Account | Rs.150 per annum | Rs.15 per quarter | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions | |
| Silver Savings Account | Rs.150 per annum and Rs.99 for Gramin Waived off for senior citizens | Free | Free | |
| Freedom Savings Account | Rs.150 per annum and Rs.99 for Gramin locations | Rs.15 per quarter | Free | |
| NEFT Payment (Branch and Netbanking) | Free | Free | Free | Free |
| Easy Receive Account | Rs.150 per annum and Rs.99 for Gramin locations | Rs.15 per quarter | Nil | |
| Basic Savings Bank Account | Free | Rs.15 per quarter | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions | |
| No Frills Account | Free | Rs.15 per quarter | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions | |
| Regular Salary Account | Free | NA | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions | |
| Salary Privilege Account | Free | NA | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions | |
| Retiral & Pension Salary Account | Free | Free | Free | |
| Defence Salary Account | Free | Free | Free | |
| Senior Citizens Account | Free | Free | Free | |
| Young Stars | Free | Rs.15 per quarter | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions | |
| Bank @ Campus | Free | Rs.15 per quarter | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions | |
| Privilege Banking for Non-Senior Citizens | Rs.99 for Gramin locations and Rs.150 for others in blue category Free for gold and titanium customers | Rs.15 per quarter for blue Free for titanium and gold customers | Free | |
| Privilege Banking for Senior Citizens | NIL | Free | Free | |
| Advantage Woman Savings Account | Rs.150 per annum and Rs.99 for Gramin locations | NIL | Free | |
| Self-help Groups | NA | NA | NA |
| Type of Account | Debit Card Fees | Charges for SMS Alert | ATM Interchange Fees |
| Savings Account | Rs.150 per annum | Rs.15 per quarter | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions |
| Silver Savings Account | Rs.150 per annum and Rs.99 for Gramin Waived off for senior citizens | Free | Free |
| Freedom Savings Account | Rs.150 per annum and Rs.99 for Gramin locations | Rs.15 per quarter | Free |
| NEFT Payment (Branch and Netbanking) | Free | Free | Free |
| Easy Receive Account | Rs.150 per annum and Rs.99 for Gramin locations | Rs.15 per quarter | Nil |
| Basic Savings Bank Account | Free | Rs.15 per quarter | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions |
| No Frills Account | Free | Rs.15 per quarter | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions |
| Regular Salary Account | Free | NA | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions |
| Salary Privilege Account | Free | NA | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions |
| Retiral & Pension Salary Account | Free | Free | Free |
| Defence Salary Account | Free | Free | Free |
| Senior Citizens Account | Free | Free | Free |
| Young Stars | Free | Rs.15 per quarter | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions |
| Bank @ Campus | Free | Rs.15 per quarter | Rs.20 for financial and Rs.8.50 for non-financial after the free transactions |
| Privilege Banking for Non-Senior Citizens | Rs.99 for Gramin locations and Rs.150 for others in blue category Free for gold and titanium customers | Rs.15 per quarter for blue Free for titanium and gold customers | Free |
| Privilege Banking for Senior Citizens | NIL | Free | Free |
| Advantage Woman Savings Account | Rs.150 per annum and Rs.99 for Gramin locations | NIL | Free |
| Self-help Groups | NA | NA | NA |
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