• Resident Individuals (sole or joint account)
  • Hindu Undivided Families.
  • Minors above the age of 10 years are eligible to open self operated minor account and an ATM/Debit card can be issued to the Minor.
  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • International Debit Card issued with ATM withdrawal limit of Rs 0.40 lac /day     
    & PoS transaction limit of Rs 1.00 lacs/day.
  • Free e-banking / m-banking facility.
  • Interest is calculated on the daily product basis and compounded quarterly.
  • 20 Cheque leaves free per year. (25 Cheque leaves for Senior Citizens).
  • Nomination facility available.
  • Minimum AMB of Rs. 1000/- for General SB A/C without Cheque Book facility.
  • Minimum AMB of Rs. 2000/- for General SB A/C with Cheque Book facility.

Charges for non maintenance of the minimum Average Monthly Balance

    • A/Cs without Cheque book  (Minimum AMB: Rs. 1000/-)

Rs. 25 plus GST per Rs. 100 of the shortfall or part thereof from Average Monthly Balance Requirement OR Rs. 250/- per month + GST, whichever is lower.

    •  A/Cs with Cheque Book (Minimum AMB: Rs. 2000/-)

₹ 25 plus GST per ₹100 of the shortfall or part thereof from Average Monthly Balance Requirement OR ₹ 500/- per month + GST, whichever is lower

  • Application Form duly filled in.
  • Photograph of depositor/s (2 copies)
  • Officially Valid 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, entities, etc allowed by RBI.

    • What is the minimum Average Monthly Balance required to be maintained?
       Minimum AMB of Rs. 1000/- for General SB A/C without Cheque Book facility.
      Minimum AMB of Rs. 2000/- for General SB A/C with Cheque Book facility.

What are the charges for non maintenance of the minimum Average Monthly Balance

    • A/C without Cheque book  (Minimum AMB: Rs. 1000/-)

Rs. 25 plus GST per Rs. 100 of the shortfall or part thereof from Average Monthly Balance Requirement OR Rs. 250/- per month + GST, whichever is lower.

    •  A/Cs with Cheque Book (Minimum AMB: Rs. 2000/-)

₹ 25 plus GST per ₹100 of the shortfall or part thereof from Average Monthly Balance Requirement OR ₹ 500/- per month + GST, whichever is lower

What are the benefits of the General Savings Account?
You can avail the following benefits:
  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • International Debit Card issued with  ATM withdrawal limit of Rs 0.40 lac /day & PoS transaction limit of Rs 1.00 lac/day.
  •  Free e-banking / m-banking facility.
  • 20 Cheque leaves free per year. (25 Cheque leaves for Senior Citizens).