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Samajik Surakshya Bachat Khata is tailored product to ease the distribution of allowance from government to the beneficiaries.

  • Minimum Balance: Zero
  • Interest payment quarterly
  • Free issuance of Debit Card and renewal charges as per STC
  • Free Mobile Banking for first year and renewal charge as per STC

Required documents:

  • Passport Size Photograph
  • Copy of Citizenship/Passport
  • Social Security Identity Card (subject to availability ) or Recommendation Letter  with beneficiary details issued by government /local bodies to bank for opening account

Account Opening documentation requirement where beneficiary is a Minor:

  • Birth Certificate of Minor
  • Citizenship of Mother/Father or Guardian in case Father/Mother is not there*
  • A passport size photo of Minor and Mother/Guardian
  • Plus a Social Security Identity Card( subject to availability) or Recommendation Letter with details of beneficiary issued by government /local bodies to bank for opening account

Following additional documents is to be obtained in-case where beneficiary is Minor and whose parents have already expired (dead):

  • Copy of Death Certificate of Parents
  • Copy of Citizenship of Guardian
  • Guardianship Certificate/Letter from District Administration Office or concerned body

 (If the name of guardian is disclosed in Social Security Card Identity Card or mentioned in recommendation letter, guardianship letter is not needed)

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