
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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