Karnataka Bank Savings Account

• Deposit cash at any branch.
• BNA offers a free cash deposit.
• Withdraw cash from any branch.
• Subscription includes SMS alert service.
• You will receive a free monthly e-statement upon registration.
• There are 25 free cheque leaves every calendar year.
• Transfer of funds via RTGS/NEFT/IMPS.
• Account holders can obtain a Rupay Debit/Visa/Chip card.
• Banking over the internet.
• Banking on the go.
• Nomination service.

The simplest and most convenient way to start a savings account is online. The methods are straightforward. You will be prompted to provide information and update some documents. 

Once the documents have been approved, you will receive an email from the bank informing you of the following steps. If you do not want to open an account online, you can go to the nearest branch and open one.

Any individual who is an Indian resident can open an account with Karnataka Bank.

To open a savings account with Karnataka Bank, the applicant must furnish the following documents-

• Passport sized photograph
• Duly filled savings account application form
• Proof of Address
• Identity Proof

Following are the types and features of the Savings Accounts offered by Karnataka Bank- 

• This type of account is open to any woman above the age of 18.
• It is a zero-balance account that does not demand a minimum daily balance.
• The average monthly balance should be Rs.1000. Insurance coverage for jewellery theft up to Rs.5000.
• Up to Rs.50000 in free transactions in the name of the account holder's wards.
• Money Plant VISA Global Debit Card Access
• Net Banking, mobile banking, RTGS, NEFT, and online payments are all free.
• Free SMS notifications for all transactional operations.

• There is no minimum balance required.
• Account opening is a quick, straightforward, and instantaneous process.
• Demand Drafts drawn in favor of educational institutions are free of charge.
• Every month, a transaction limit of Rs.50000 can be sent from the parents' or guardians' account to the student's account.
• Multiple branch banking and multi-city cheque service are available.
• VISA Global Debit Cards from Money Plant
• Free internet banking, mobile banking, RTGS, NEFT, and online payment services.
• Free SMS notifications for all transactional operations.

• There is no minimum balance required.
• Demand Drafts drawn in favor of educational institutions are free of charge.
• Every month, a transaction limit of Rs.50000 can be sent from the parents' or guardians' account to the student's account.
• Debit cards with a daily withdrawal limit of Rs.5000 and a monthly withdrawal limit of Rs.1500.
• 'Cyber Kid' is a bank's specialized net banking function.

• Connect old and new accounts.
• A minimum balance of Rs.15000 (urban branches) and Rs.10000 (rural branches) is required to take advantage of the offered benefits.
• Personal accident coverage in the amount of Rs.2 lakhs.
• Hospitalization benefits of up to Rs.10000 are available, which cover expenses like check-ups, prescriptions, and testing.
• In the case of a joint account - only the user is insured.

• With the multi-city cheque function, you can withdraw and deposit money from any branch.
• Multiple branch banking and multi-city cheque service are available.
• Free internet banking, mobile banking, RTGS, NEFT, and online payment services.
• Free SMS notifications for all transactional operations.
• Purchase Demand Drafts at any Karnataka bank branch.
• Free cheque books with speedy cheque processing

• A monthly average balance of Rs.1000 must be maintained, or a penalty fee will be levied.
• Free internet banking, mobile banking, RTGS, NEFT, and online payment services.
• Every transactional activity is alerted through SMS.

• The average monthly balance must be kept is Rs.3 lakhs.
• There is no access to ATMs or Debit Cards, multiple branch banking, or fast crediting of cheques.

• Account holders must have a total account balance of less than Rs.50000 across all of their accounts. In their combined accounts
• The account holder is allowed six cash withdrawals each month via bank withdrawal slips, after which the account holder must pay Rs.10 per transaction.
• Free passbook, cheque book, and nomination service
• There is no access to ATMs or Debit Cards, multiple branch banking, or fast crediting of cheques.

• The average monthly balance would be kept at Rs.1 lakh.
• Net Banking, mobile banking, RTGS, NEFT, and online payment services are all provided at no cost.
• SMS notifications of all transactional activities
• Cash transfers using RTGS or NEFT are free up to Rs.50000 per month.

• The monthly average balance should be Rs.10000.
• Net Banking, mobile banking, RTGS, NEFT, and online payment services are all provided at no cost.
• SMS notifications for all transactional operations
• Cash transfers using RTGS or NEFT are free up to Rs.50000 per month.