Home

State Bank of Travancore         

Janapriya special SB Account or No frills account

For those who can not afford to maintain minimum balance in SB account. 
1 Eligibility Only individuals in their own name or in joint names
2 Branches authorised to open the account All branches except Specialised branches and Main branches
3 KYC Norms Yes. Simplified.

Introduction from another account holder who has been subjected to full KYC procedure. The introducer's account with the bank should be at least 6 month old and should show satisfactory transactions. Photograph of the customer who proposes to open the account and also his address need to be certified by the introducer.
Or
Any other evidence as to the identity and address of the customer to the satisfaction of the Bank.
4 Minimum Balance for opening the account Zero
5 Minors account Yes
6 Issue of Cheque Book No. If requested by the account holder, one free cheque book per annum may be issued.
7 Issue of ATM Card Yes. No annual maintenance fee of Rs.50/-
8 Internet Banking / Mobile Banking No
9 Immediate credit of outstation cheques No
10 Collection of outstation cheques Yes
11 Conversion to regular SB/CA Allowed
12 Other Conditions All other rules and regulations relating to Savings Bank accounts are applicable 
The number of withdrawals in the account is restricted to 4 per month