Till now,almost in every bank exam we came across at least one question related to BSBDA Account.So,we have decided to give a glance of BSBDA account.This information will be useful for upcoming bank exams RBI assistant mains,KVB,NIACL mains,IPPB.Don't forget to share this information with your friends.
1.BSBDA account is a zero balance savings account that takes care of your simple banking needs with Free ATM card,monthly statement and cheque book.
2.Total Credits in such account should not exceed one lakh rupees in a year.
3.Maximum balance in that account should not exceed 50000 at any time.
4.Total debits by way of cash withdrawals and transfers should not exceed 10000 per month.
5.Foreign remittances can not be credited to small accounts without complaining normal KYC formalities.