Simple Savings Bank Account

  • No Minimum Balance Requirement
  • Cheque book facility – First 20 leaves free
  • ATM / Debit Card Fresh / Renewal - Allowed free of charge & No Annual / Renewal Fees
  • Anywhere Banking
  • Internet Banking / Mobile Banking / SMS Alert Facility
  • Any Resident Individual including minors & HUF
  • There is no restriction on the Age of the account holder
  • There is no stipulation on the Income of the person
  • An Individual can hold only one TMB Simple Savings Bank Account and he / she is
    not allowed to have any other type of SB account

Minimum Balance Requiremnt

  • Minimum & Maximum Balance - No Stipulation / limit
  • Minimum of four withdrawals free in a month including ATM withdrawals. There after charges as applicable. (Through all channels including ATM / BNA, internal transfers, RTGS / NEFT / Clearing / Internet Transfers / Mobile Banking Transfers / Standing Instructions / EMI etc).
  • No Limit on Cash Remittance / withdrawal at Parent / Satellite Branches
  • No Limit on Cash Withdrawal by Cheque at Parent / Satellite Branches
  • Third Party limit at Satellite Branch - ₹10,000 per day, but overall number of withdrawals should not exceed 10 nos. in a month
  • The TMB Simple Savings Bank Account would be subject to provisions of PML Act and Rules and RBI instructions on Know Your Customer (KYC) / Anti-Money Laundering (AML) for opening of bank accounts issued from time to time.
  • TMB Simple Savings Bank Account Holder can have any number of Term / Fixed Deposit, RD etc. accounts.