Freedom Savings Bank Account (Discontinued for account opening effective from 15 October 2019)
Freedom Savings Bank Account (Discontinued for account opening effective from 15 October 2019)
NOTICE: Effective 1st January 2026, the Average Monthly Balance (AMB) requirement will be revised to ₹2,000/- from current ₹1,000/-.
- Eligibility – Resident Individuals & eligible institutions as per RBI Master Direction DBR. Dir. No. 84/13/03.00/2015-16
- Average Monthly Balance Requirement – Rs. 1000
- Documents Required - For opening the account, please download the account opening form. Duly filled account opening forms shall be submitted to your branch of choice along with the documents required.
- Fees and Charges – The detailed service charge details is available here.
Documents Required
KYC Documents (Any one address proof and identity proof)
| Document | Identity Proof | Address Proof |
|---|---|---|
| Passport | Yes | Yes |
| Driving Licence | Yes | Yes |
| Voter's Identity Card | Yes | Yes |
| Aadhaar | Yes | Yes |
| Job card by NREGA duly signed by an officer of the State Government | Yes | Yes |
| Permanent Account Number (PAN) card | Yes | No |
Recent photograph
Two copies of recent passport size photograph