J&K Bank Special Bachat Deposit Scheme Check Features and Benefits

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  • Savings Bank Account with Smart Saver Deposit facility for higher rate of interest and instant liquidity facility.
  • Resident Individuals (sole or joint account)
  • Hindu Undivided Families.
  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • Free accidental death insurance cover of Rs.2.00 lacs. (in case of joint accounts, insurance cover for first depositor only)
  • International Gold Debit Card with withdrawal limit of Rs. 1.00 lacs per day and shopping limit of Rs. 1.50 lacs per day.
  • Special discount in charges on cash deposit at Base and Non-Base Business Units.
  • Free e-banking / m-banking facility.
  • Interest is calculated on the daily product basis and compounded quarterly.
  • 25 Cheque leaves free per annum.
  • Nomination facility available.
  • Minimum AMB of Rs. 10000/=
  • Application Form duly filled in.
  • Photograph of depositor/s (2 copies)
  • Officially Valid Documents asย  per KYC Norms
  • PAN Card or Form 60 or 61
  • Any other related document applicable to Minors, etc.
  • Who can open a Special Bachat Deposit account with J&K Bank?

Special Bachat Deposit account can be opened by individuals, either singly or jointly, Parents/ Guardians on behalf of minors.

  • What is the minimum Average Monthly Balance required to be maintained?
    ย Minimum AMB of Rs. 10000/-.
  • What are the benefits of the Special Bachat Deposit Scheme?
    You can avail the following benefits:
  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • Free accidental death insurance cover of Rs.2.00 lacs.
  • International Gold Debit Card with withdrawal limit of Rs. 1.00 lacs per day and shopping limit of Rs. 1.50 lacs per day.
  • Special discount in charges on cash deposit at Base and Non-Base Business Units.
  • Free e-banking / m-banking facility.

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