Easy Receive Savings Account
Easy Receive Savings Account is a unique account that caters to your domestic banking needs, while offering additional benefits for remittances received in the account.
*Rs 5,000 at semi-urban and rural branches.
Resident Indians, 18 years or older, who receive remittances or are likely to receive remittances in the future
*Any other identity proof or address proof document can be submitted, subject to the Bank's satisfaction. PAN Card issued in India is no longer considered as a valid identity proof.
*Mandatory to provide permanent address and telephone number.
Easy receive account is a resident savings bank account for customers who receive remittances from abroad. This account will cater to the domestic banking needs while offering additional benefits for remittances received in the account.
The following documents are required:
Yes, an Easy Receive Account can be opened as a joint account.
The following are some of the special benefits available with the Easy Receive Account:
This account also provides the other regular benefits such as:
The minimum, average monthly balance is zero, if you receive at least one foreign inward remittance in the last three months.
Otherwise, a minimum, average monthly balance of Rs. 10,000 will have to be maintained for metro and urban branches and Rs. 5,000 will have to be maintained at semi-urban and rural locations.
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