The Indian Bank provides various Savings Accounts:
The following eligibility criteria need to be fulfilled for the Indian Bank SB account opening:
Any one of the following:
- IB Corp SB - Payroll Package Scheme:
- Designed for salaried classes with features like free mobile and internet banking.
- Offers 60 cheque leaves, 2 free RTGS/NEFT transactions monthly, and zero balance requirement.
- IB Mahila Shakti for Women:
- Requires Aadhaar linking and offers overdraft facility.
- Provides RuPay Platinum Card at no extra cost.
- SB Platinum:
- Designed for HNIs and corporate executives with sweep facility.
- Provides life insurance and Personal Accident cover free of charge.
- Allows conversion of excess funds to Term Deposit daily.
- IB DIGI - Online SB Account:
- Resident individuals above 18 years can open online.
- Allows adding nominees online, no joint account option.
- IB Smart Kid SB Account:
- Specifically for children, allowing fund transfers from parents' accounts.
- Children above 10 may get an Indian Bank ATM debit card and internet banking.
- SB for Government Offices & IND PFMS:
- Provides free cheque book and SMS alerts.
- No minimum balance requirement and service charges are free.
- Basic Savings Bank Deposit Account:
- No minimum balance required and offers intercity/intracity transactions free of charge.
- Provides an ATM card and allows adding nominees to the account.
- IB Gen X - For the Vibrant Youth:
- No charges for IMPS/RTGS/NEFT transactions.
- Provides a Demant Account for the first year at no extra cost.
- Savings Bank Account for Pensioners:
- EPF/Central/State pensioners can open with cheque book facility.
- Provides mobile and internet banking with no account closure charges.
- MACT SB:
- No minimum balance required and withdrawals via Bio-Metric authentication.
- Money transfer requires the Court's permission, no debit card provided.
- Small Account:
- No monthly balance requirement with a maximum balance limit of Rs.50,000.
- Allows joint accounts and is suitable for individuals.
- IB Kishore - Savings Bank Account for Minors:
- Initial deposit of Rs.500, no chequebook provided.
- Offers a RuPay Classic ATM card for minors aged 10 to 18.
- SB for Govt Scholarship Students :
- No minimum balance requirement and two different variants available.
- Does not offer cheque book facility.
- IB Salaam - Special Account for Defence Personnel:
- No minimum balance requirement and free mobile/internet banking.
- No initial deposit needed for individuals above 18 years.
- Savings Bank Account:
- Basic account with multiple facilities like fund transfer and free ATM debit cards.
- Offers 2 free cheque books per calendar year and 50 free withdrawals every half year.
- IB - Sammaan:
- Account for individuals above 60 years with no minimum balance requirement.
- No charges for account closure and provides free SMS alerts.
The following eligibility criteria need to be fulfilled for the Indian Bank SB account opening:
- An individual of 18 years and above – Single or Sole Accounts
- Two or more individuals of 18 years and above – Joint Accounts
- Illiterate persons
- Blind persons
- Associations, Clubs
- Trusts
- HUF
- Institutions/Agencies/ Societies/Government Departments permitted by RBI
Any one of the following:
- Aadhar Card
- PAN Card
- Drivers licence
- Voter ID Card
- Job Card by NREGA
- Open the India Bank Account Opening link from your browser.
- Enter your name, mobile number, and Email ID, and verify that you’re a human, not a robot.
- Read and accept the terms and conditions and the declaration.
- Click on Submit and then verify using an OTP sent to your mobile number.
- Enter your Aadhar number and then again verify using OTP.
- Verify and recheck your details and add your branch name and other personal details as asked.
- You will get a popup next and then click on it to add/edit more details.
- Now, add additional features as needed.
- Add your nominee details if you want to add any and click on next.
- Now, proceed to your Video KYC, which you can schedule as needed.
- You will get your other information regarding the following steps by your KYC agent and your bank account will open.
Headquarter address | Indian Bank Corporate Office, 254-260, Avvai Shanmugham Salai, Chennai, Tamil Nadu, 600014. |
Helpline contact number | 1800 4250 0000 |
Helpline email address | customercomplaints@indianbank.com |