Gayatri Raksha Savings Account

Raksha Saving Account can be opened through a business correspondent and once the KYC and Account form are submitted at the branch and approved, the same facilities as a normal saving account can be provided.

Key Features:

  • Accidental Insurance Cover: ₹1,00,000 (charges ₹50/-/year).
  • Unlimited free collection of local & outstation cheques
  • Pay Orders & Demand Drafts (Charges as applicable from time to time.)
  • Free NEFT/RTGS fund transfers.
  • SMS Alerts facility
  • Free Mobile Banking & Toll-Free Banking.
  • Free execution of Standing Instructions.
  • Free Email Statements – Daily/Weekly/Fortnightly/Monthly.
  • No folio charges.
  • No cash deposit charges for ₹100 & above denominations.
  • Issued personalized Cheque Book immediately along with opening of account.
  • Free Passbook facility.
  • Free UPI & Aadhaar-enabled Payment System (AePS).
  • Issued Debit Card immediately along with opening of account.
  • Free KYC photocopying & photograph by the bank.

Eligibility & Requirements:

  • Individuals aged 18–60 years.
  • With Cheque book Minimum AQB: ₹1100, Without Cheque Book Minimum AQB: Rs. 550
  • Submission of original KYC documents is mandatory.

  *   Kindly click here to know the list of KYC documents

  *   Terms & Conditions applied as per Bank’s Policy.

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