This account can be opened by any individual above 18 years old, provided he/she has valid KYC documents. Primarily meant for poorer sections of society  to encourage them to start saving without any burden of charges or fees. You can maintain zero balance in this basic SBI savings account. However,  a maximum four withdrawals in a month, including ATM withdrawals at own and other Bank’s ATMs is permitted. Thereafter service charges as per regular Savings Bank Account will apply. You can either have a basic savings account or a savings account, you cannot have both.

Pehla Kadam and Pehli Udaan both the Savings Accounts have features like Internet Banking, Mobile Banking, etc. which will not just acquaint children with the different channels of modern-day banking but also teach them the nuances of personal finance.

Premium Savings Account provides an enriched version of Savings Bank account consisting of the concessions and add-ons. There should be a minimum amount of Rs 10000/. to be maintained. The auto sweep will be applicable after retaining Rs 25000/- in the account.

salary account is where your salary gets credited on regular bases. This is a zero balance account. Note that of salary is not credited for three consecutive months than the account is considered as a regular savings account and required minimum balance should be maintained.