Open a Star Yuva Account | Student Account

Get everything you wanted from your first bank account and so much more with Pratham Savings Account. Designed for the dynamic and ambitious youth of the nation, it’s a perfect account to inculcate the habit of saving early. Empower yourself with financial wisdom through the perfect gateway to the world of banking.

Experience one saving account for youngsters that offers a host of benefits with the Pratham Savings Account. Designed to meet the ever-changing demands of a dynamic youth, the account is your perfect starting point to get the best banking experience backed by the unmatched legacy of Bank of India. From attractive interest rates to an easy application process, Pratham Savings Account offers everything that you need to offer the utmost banking convenience.

We provide hassle free and seamless banking experience online through our state of art mobile banking and internet banking facilities. You can now open your pratham account at the convenience of your home through our digital platform also.

Open the doors to financial empowerment and a brighter future with the Pratham Savings Account. Our comprehensive benefits package including simplified banking, competitive interest rates, financial education, and exclusive offers tailored to nurture your financial independence.

Join us today and unlock a world of opportunities with Bank of India.

Eligibility

Minor individuals below the age of 18
Minimum Balance Requirement - NIL

Features

Features	Normal	Classic	Gold	Diamond	Platinum
Average Quarterly Balance	Nil	Rs 10,000	Rs 1 Lakh	Rs 5 Lakhs	Rs 10 Lakhs
Waiver of ATM/ Debit Card Issuance charges*(Only one card and first issuance is being considered for waiver)	Rupay NCMC	Rupay NCMC	Rupay NCMC	Rupay Select	Rupay Select
*At the time of issuance/replacement/renewal and AMC the system will apply the charges as per the prevailing Categorisation of the accounts. Rupay NCMC will be there in Free choice with all variants
Waiver of ATM/ Debit Card AMC (Subject to qualify Average Yearly Balance)	50,000/-	50,000/-	50,000/-	75,000/-	75,000/-
Free Cheque Leaves	First 25 leaves	First 25 leaves	First 25 leaves	25 leaves per quarter	25 leaves per quarter
Waiver of RRTGS/NEFT charges	Charges applicable as per bank’s latest service charges	Charges applicable as per bank’s latest service charges	Charges applicable as per bank’s latest service charges	100% waiver	100% waiver
Free DD/PO	Charges applicable as per bank’s latest service charges	Charges applicable as per bank’s latest service charges	Charges applicable as per bank’s latest service charges	100% waiver	100% waiver
Credit card issuance charges waiver	Not Eligible	Not Eligible	Not Eligible	Not Eligible	Not Eligible
SMS/Whatsapp Alert Charges	Chargeable	Chargeable	Free	Free	Free
Group Personal Accident Insurance Cover	The Group Personal Accident (GPA) Insurance Cover is offered Free of Cost to Savings Account holders. The GPA Insurance Cover is an embedded feature of Savings Account, offered FREE and its coverage amount is linked to Scheme Type. Savings Account holders become eligible for higher quantum of coverage (Sum Insured) upon maintenance of higher Average Quarterly Balance (AQB). (Group Personal Accident Insurance Cover is offered as per Bank’s issued guidelines from time to time and prescribed guidelines of Insurance Company.)
Group Personal Accident Insurance Cover	Nil	Rs.10,00,000/-	Rs.25,00,000/-	Rs.50,00,000/-	Rs.1,00,00,000/-
Passbook	First issuance Free	First issuance Free	Issuance Free	Issuance Free	Issuance Free
Free transaction at BOI ATM per month	10	10	10	10	10
Free Transaction at other bank ATM per month	5*	5*	5*	5*	5*
* Including financial and non-financial transactions Note: In case of ATMs located in six metro locations, viz. Bengluru, Chennai, Hydrabad, Kolkata, Mumbai and New Delhi, bank shall offer their savings bank account holders 3 free transactions (including financial and non-financial transactions) in a month at any other bank’s ATM. Rules in this regard will prevail as per RBI/Bank’s issued guidelines from time to time.
Concession in Processing Charges in Retail Loans	100% Concession in processing charges of Education Loans only
Locker Rent Concession	Services Not Applicable
Salary/Pension Advance	NA
Instant Personal Loan	NA