• Free cash withdrawals at branch (up to 50 withdrawals per half year).
  • Free Instant Debit Card issued with an ATM withdrawal limit of Rs 0.40 lac/day & PoS transaction limit of Rs 1.0lacs.
  • Nomination facility available.
  • Free e-banking facility.
  • Interest paid at quarterly intervals and calculated on daily products.
  • Minimum AMB and other charges have been defined in latest Service Charges Schedule.
  • A person in his/her name.
  • More than one person in their joint names.
  • Minor through parents/guardian.
  • Literate minors above 10 yrs of age.
  • Application Form.
  • Photograph of depositor/s (2 copies)
  • Documents as  per KYC Norms
  • PAN Card or Form 60 or 61
  • Any other related document applicable to Minors, etc

Who can open a General Savings Account with J&K Bank?
General Savings account can be opened by individuals, either singly or jointly, Parents/ Guardians on behalf of minors, literate minors above 10 years who can sign regularly, and organizations, etc allowed by RBI.

What is the minimum Average Monthly Balance required to be maintained?

Minimum AMB has been defined in latest Service Charges Schedule.

What are the benefits of the General Savings Account?
You can avail the following benefits:

  • Free cash withdrawals at branch (up to 5 per month).
  • Instant Debit Card issued with an ATM withdrawal limit of Rs 0.40 lac/day & PoS transaction limit of Rs 1.0lacs.
  • Nomination facility available.
  • Free e-banking facility.
  • Interest compounded quarterly and calculated on daily products.