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Image  Savings Bank Account for Students(SBZER)


Students above 10 years and up to 25 years of age and are pursuing regular courses can open these accounts.  The account will be automatically converted to normal SB once account holder attains the age of 25 years. Cheque book can be issued after student becomes major.

Accounts of students who are minors below the age of 10 years will be operated by Parents/guardian.

Quarterly Average Balance


Type of ATM/Debit card

Classic card

Debit Card charges

Issue charge – Free

Annual Maintenance Charge –As per applicable charges

Access to own Bank ATM

5 transactions (financial and non-financial) per month Free.

Access to other bank ATM

3 transactions (financial + non-financial) per month at Metro or 5 transactions(financial + non-financial) per month at other centres are Free

ATM Cash Withdrawal Limit

Rs.25,000/- Per day


Rs. 50,000/- Per day

Free Personal Accident Insurance (Death) cover with debit card*

Rs 2 Lakhs

Withdrawal at branch through withdrawal slip.

Number of free withdrawals will be restricted to 10 per half-year.

Beyond the limit Rs 25/- per transaction to be charged.

SMS Banking Charge

As per applicable charges

Cheque Book

Cheque Book not allowed




As per applicable charges

Account closure -within 14 days or after 12 months


Account closure -Between 15 days to 12 months

As per applicable charges.


No Passbook will be provided. Monthly Statement of Account will be given.

Non-Maintenance of QAB



*Personal Accident insurance with debit card is subject to terms and conditions of debit card policy and usage which may change from time to time.