Basic Banking Accounts

Salient Features
  • This is a Non profit bearing chequing account product.
  • The deposit product is available especially for customers like students, mustehkeen-e-zakat, salary accounts of government and semi government employees, pensioners, widows and children of deceased employees eligible for family pension/benevolent fund grant.
  • The Account can be opened with an initial/minimum deposit of Rs.1,000/-
  • No fee (service charges) for maintaining such accounts will be charged.
  • There is no limit for maintaining minimum balance in the account. However; if balance in BBA account remain "NIL" for continuous (06) months period, such accounts will be closed by the bank.
  • Account holder will be allowed a maximum of 2 deposit transactions and 2 chequing withdrawals, free of charge either through cash/through clearing per month otherwise service charges of a regular banking account shall be applicable for that month as per Bank's Schedule of Charges.
  • Unlimited free of charge ATM withdrawals from Bank's own ATM's will be allowed.
  • Free e-banking facility to view account balance and statement of account is available.
  • SMS Alert facility is available subject to payment of annual charges as per bank’s schedule of charges.
  • Free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self service IVR system is available.
This page was last updated on: August 4, 2015 3:02:41 PM