How to Open a Saving Account in Saurashtra Gramin Bank?

Open Account in Saurashtra Gramin Bank Account: Banks give a facility to open a savings account as a sole holder or in joint holding with more individuals. Joint accounts may have different modes of holdings such as 'Anyone or Survivor', 'Joint', etc. In case of joint holding, all the applicants must furnish KYC formalities.

How to Choose the Right Bank to Open Savings Account?

For choosing the right bank for opening savings account, you must consider following factors from various options available.

  • Interest rate on deposit
  • Minimum balance maintenance requirement
  • Cash withdrawal limit
  • Fees and charges on transactions
  • Other offers

How to Open Savings Bank Account in Saurashtra Gramin Bank by Visiting Bank?

In order to open a savings bank account in Saurashtra Gramin Bank, you need to follow below mentioned steps:

(1) Personally Visit Saurashtra Gramin Bank Branch

You need to visit the bank branch in which you want to open your account.

(2) Fill up Account Opening Form (AOF) for Savings Account

Obtain the Savings Bank Account Opening Form and fill up all the necessary details of the customer's information and other details in the different sections given in the prescribed form like name, address, contact number, email id, PAN, type of account to be opened, nominee's name, etc.

(3) Attach Required (Mandatory) Documents with the Account Opening Form (AOF)

After completing filling up the account opening form, you need to attach KYC documents like PAN, Proof of Address & Proof of Identity.

Checklist of Required (Mandatory) Documents in case of opening Savings Account

Some banks make it mandatory to provide Permanent address and telephone number.

(4) Verification of Account Opening Form (AOF) & Other Documents by the Banker

Banker will verify Account Opening Form (AOF) and other attached documents. If he is satisfied with these requirements, he will proceed further.

(5) Deposit Minimum Balance Amount in your Savings Account as per your Savings Account requirement

After verification of Account Opening Form (AOF) & Other Documents by the Banker, you will be allotted an account number and you will then be required to deposit the minimum required balance in your account as per your savings bank account type.

(6) Obtain Cheque Book, Passbook, Debit Card & Other Documents from the Bank

Once your account is successfully opened, the banker will hand over Cheque Book, Passbook, Debit Card & Other Documents to you and then you will be allowed to make transactions from your account.

How to Open Savings Bank Account in Saurashtra Gramin Bank Online?

In order to open a savings bank account in Saurashtra Gramin Bank online, you need to first check whether your bank gives you an option to open savings account online and if yes, then follow below mentioned steps:

(1) Go Online and Visit Bank's Official Portal

You need to visit the bank's Official Portal in which you want to open your account.

(2) Fill up Account Opening Form (AOF) for Savings Account

Initiate the process of account opening through filling up the Savings Bank Account Opening Form. You need to fill up all the necessary details such as customer's information and other details in the different sections given in the prescribed form like name, address, contact number, email id, PAN, type of account to be opened, nominee's name, etc.

(3) Upload Required Documents

After completing filling up the account opening form, you need to attach KYC documents like PAN, Proof of Address & Proof of Identity.

Checklist of Required (Mandatory) Documents in case of opening Savings Account

(4) Video KYC

In order to get verified, you can submit your KYC documents through a video call. For this purpose, you are required to provide access to your location, camera and microphone on your smartphone.

(5) Opening of Savings Account

After getting yourself verified through video call via step 4 mentioned above, your account will be opened and you will be allotted a Customer ID and account number by the bank

(6) Obtain Cheque Book, Passbook, Debit Card & Other Documents from the Bank

Once your account is successfully opened, the banker will send Cheque Book, Passbook, Debit Card & Other Documents to your communication address and then you will be allowed to make transactions from your account.

How Savings Account Works?

Savings Account serves as a place to deposit money. The customer needs to first open a Savings Account with a bank of his choice. The bank then allows him to deposit his money in his account. The bank provides a certain rate of interest on the deposited amount. The customer can deposit or withdraw the amount in the account as per his wish. He can issue cheques, carry out fund transfers, use ATM/ debit card, perform any financial transaction after opening of the account. Savings account also offers the advantage of managing your account conveniently using net banking or mobile banking through a computer or mobile phone any time from anywhere.

The main objective of a savings account is to encourage individuals to save money over a period of time and at the same time earn an interest on it. Another point with the savings account is that this fund is easily accessible by the depositor.

Important Points regarding Opening Saurashtra Gramin Bank Savings Account

  • Research and select the bank paying maximum rate of interest under its savings account.
  • Different Banks offer different rate of interest under Savings Account.
  • Select a nearby bank branch.
  • Fill the account opening form in CAPITAL LETTERS using black ink.
  • Countersign in case of any overwriting while filling up the account opening form.
  • Generally, private banks provide a relationship manager who takes care of any issues or queries related to your account.
  • You must avail the nomination facility.
  • Don't forget to take the original KYC documents with you for verification purpose.
  • Remember that in most of the savings accounts, maintenance of a minimum balance in account is required.
  • You may choose one from various Savings Account Types offered by the bank.
  • If your mailing address and permanent address are different, provide address proof documents for both.
  • Some banks insist upon that the applicant(s) need to come to the branch, in person, for opening the account and will sign at the relevant places in the presence of a Bank Official.

Open Saving Account in other Banks

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Andhra BankAndhra Pradesh Grameena Vikas Bank
Andhra Pragathi Grameena BankArunachal Pradesh Rural Bank
Aryavart BankAssam Gramin Vikash Bank
Au Small Finance Bank LimitedAxis Bank
Bandhan Bank LimitedBangiya Gramin Vikash Bank
Bank Of BarodaBank Of India
Bank Of MaharashtraBaroda Gujarat Gramin Bank
Baroda Rajasthan Kshetriya Gramin BankBaroda U.p. Bank
Baroda Up Gramin BankBharatiya Mahila Bank Limited
Bihar Gramin BankCanara Bank
Capital Small Finance Bank LimitedCatholic Syrian Bank Limited
Central Bank Of IndiaCentral Madhya Pradesh Gramin Bank
Chaitanya Godavari Grameena BankChhattisgarh Rajya Gramin Bank
City Union Bank LimitedCorporation Bank
Dakshin Bihar Gramin BankDcb Bank Limited
Dena BankDena Gujarat Gramin Bank
Dhanalakshmi BankEllaquai Dehati Bank
Equitas Small Finance Bank LimitedEsaf Small Finance Bank Limited
Export Import Bank Of IndiaFederal Bank
Fincare Small Finance Bank LtdGramin Bank Of Aryavart
Hdfc BankHimachal Pradesh Gramin Bank
Icici Bank LimitedIdbi Bank
Idfc First BankIndian Bank
Indian Overseas BankIndusind Bank
Jammu And Kashmir Bank LimitedJammu And Kashmir Grameen Bank
Jharkhand Gramin BankJharkhand Rajya Gramin Bank
Karnataka Bank LimitedKarnataka Gramin Bank
Karnataka Vikas Grameena BankKarur Vysya Bank
Kashi Gomti Samyut Gramin BankKaveri Grameena Bank
Kerala Gramin BankKotak Mahindra Bank Limited
Langpi Dehangi Rural BankLaxmi Vilas Bank
Madhya Bihar Gramin BankMadhya Pradesh Grameen Bank
Madhyanchal Gramin BankMaharashtra Gramin Bank
Malwa Gramin BankManipur Rural Bank
Meghalaya Rural BankMizoram Rural Bank
Nagaland Rural BankNarmada Jhabua Gramin Bank
North East Small Finance Bank LimitedOdisha Gramya Bank
Oriental Bank Of CommercePallavan Grama Bank
Pandyan Grama BankPaschim Banga Gramin Bank
Pragathi Krishna Gramin BankPrathama Bank
Prathama U.p. Gramin BankPuduvai Bharathiar Grama Bank
Punjab And Sind BankPunjab Gramin Bank
Punjab National BankPurvanchal Gramin Bank
Rajasthan Marudhara Gramin BankSaptagiri Grameena Bank
Sarva Haryana Gramin BankSarva Up Gramin Bank
Saurashtra Gramin BankSouth Indian Bank
State Bank Of Bikaner And JaipurState Bank Of Hyderabad
State Bank Of IndiaState Bank Of Mysore
State Bank Of PatialaState Bank Of Travancore
Suryoday Small Finance BankSutlej Kshetriya Gramin Bank
Syndicate BankTamil Nadu Grama Bank
Tamilnad Mercantile Bank LimitedTelangana Grameena Bank
The Nainital Bank LimitedTripura Gramin Bank
Uco BankUjjivan Small Finance Bank Limited
Union Bank Of IndiaUnited Bank Of India
Utkal Grameen BankUtkarsh Small Finance Bank
Uttar Banga Kshetriya Gramin BankUttar Bihar Gramin Bank
Uttarakhand Gramin BankVananchal Gramin Bank
Vidharbha Konkan Gramin BankVijaya Bank
Yes BankZila Sahakari Bank Ltd