A savings bank account is one of the oldest and most trustworthy instruments of saving.  Even as the world gets hooked on to mobile and internet banking, savings bank account remain one of the most reliable methods of parking one’s earnings.

The attractive rates and terms offered by various banks have boosted people’s confidence in this saving tool. A great example of such banks is Andhra Bank.

Minimum Balance Amount

Andhra Bank has different rules for maintaining minimum balance depending on the location of a bank branch. The break-up is as follows:

1. In bank branches situated in rural areas:

2. In bank branches situated in semi-urban areas:

3. In bank branches situated in urban areas:

Types of accounts

No Frills account

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