Learn how to open an Indian Bank Savings Account online. We explain step-by-step how to create an account online. Indian Bank offers different types of savings accounts with diverse benefits to meet the needs of their customers. The bank offers attractive interest rates and numerous other facilities, like free ATM transactions, net banking facilities, and more. So keep scrolling and read our full article to get help in opening an account online.

Table of Contents
About Indian Bank
Established on August 15th, 1907, as part of the Swadeshi movement, Indian Bank has come a long way and today stands as one of India’s premier public sector banks. Headquartered in Chennai, the Indian Bank has a strong and diverse 20,000 workforce, always committed to bringing the best of conventional and contemporary banking to you. With a vast national footprint and robust international connections via correspondent banks in 72 countries, besides branch presence in Singapore and Sri Lanka, we serve customers across the spectrum of retail, agricultural, corporate, institutional, and SME domains. We have diversified our banking activities with 2 subsidiary companies—Indbank Merchant Banking Services Ltd. and IndBank Housing Ltd.
Deposits, Loans, Cards, Wallets, Apps, Insurance, Mutual Funds, Forex, Remittance, and Wealth Management Services make up our product portfolio. We also take pride in consistently engaging with the various social and empowering pillars of society through our Corporate Social Responsibility initiatives.
Deposits, Loans, Cards, Wallets, Apps, Insurance, Mutual Funds, Forex, Remittance, and Wealth Management Services make up our product portfolio. We also take pride in consistently engaging with the various social and empowering pillars of society through our Corporate Social Responsibility initiatives.
Mission:
The bank’s mission is “To be a Common Man’s Bank”—to provide all financial products and services: * Under one roof * At an affordable cost * In a fair and transparent manner to all our customers.
Vision:
To be a competitive and strong bank with a commitment to excellence and focus on adding value to customers, shareholders, and employees with adherence to best practices and core institutional values shared throughout the organization.
Registered Name: Indian Bank
Founded in: 1907 (115 yrs old)
Website: indianbank.in
Steps for Creating an Indian Bank Savings Account Online
To open a savings account online with Indian Bank, you have to follow these steps:
- Step 1: First, visit the official website of the Indian Bank.
- Step 2: Go to the Savings Account option and select the option ‘Apply Now.
- Step 3: Fill in the required details like name, contact number, date of birth, address, etc., and click on “Submit”.
- Step 4: Verify the details with documents like PAN and Aadhar or any other document as required by the bank.
- Step 5: Indian Bank’s executive will verify all the submitted documents.
- Step 6: After the successful verification of your documents, Indian Bank will share the welcome kit containing your debit or ATM card, PIN, and chequebook with you.
- Step 7: Once the account is activated, you can register your mobile number and use a debit card and chequebook for banking services.
Steps to Open an Indian Bank Savings Account at a Branch
To open a savings account with Indian Bank at a branch, you must follow these steps:
- Make sure that you carry with you identification proof (preferably your PAN Card), an address proof (preferably your Aadhaar card), and two passport size photographs.
- After reaching the branch, ask the clerk if you want to open a savings account. The clerk will give you the application form.
- Fill out the savings account application form with the required details and attach the photographs on the form where required.
- After duly filling the form and signing it, submit the savings account application form along with necessary documents and required money (in case of minimum balance account) to the clerk.
- Your account will be functioning within a week or so, and the bank will inform you about it through a call, SMS, or email.
Documents Required for an Indian Bank Saving Account
Proof of Address:
- Utility bills (water, electricity, and phone).
- Ration card
- Bank account statement
- Credit card statements
- Order for the assessment of wealth or income
- Voter ID
Proof of Identity:
- Aadhaar Card
- Passport
- PAN card
- Voter’s Identity Card
- Driving license
- A job card issued by NREGA and duly signed by an officer of the State Government(For Small Accounts) The letter issued by UIDAI contains details of name, address, and Aadhaar number.
- Identity card (subject to the bank’s satisfaction)
- The bank requires a letter from a recognized public authority or public servant verifying the identity and residence of the customer to the satisfaction of the bank.
- Government/Defence ID card
- ID cards of reputed public sector employers
Indian Bank Minimum Balance Requirement
Savings Bank | Rs.500 (non cheque operation) Rs.1,000 (cheque operation) |
IB Corp SB | Nil |
Basic Savings Bank Deposit Account | Nil |
IB Smart Kid | Rs.100 (non-cheque operation) Rs.250 (cheque operation) |
SB Platinum with Sweep Facility | Rs.25,000 |
IB Sammaan | Nil |
IB Mahila Shakti for Women | Rs.1,000 |
IB Kishore | Nil |
IB Gen X | Rs.1,000 |
IB Salaam | Nil |
Savings Bank Account for Pensioners | Nil |
IB Digi | Contact the bank |
Small Account | Nil |
SB for Students Under Government Scholarship & SB for DBT | Nil |
SB for Central/State Government/Consular Offices & IND PFMS | Nil |
MACT SB | Not applicable |
Types of Indian bank savings account
Type of Savings Account | Primary Features |
Saving Bank | Concession on minimum balance for pensioners and bonafide students Free ATM card for the first year |
IB Smart Kid | Easy to manage savings account for children Eligible for ATM/debit card |
SB Platinum | Suitable for high net worth individuals or corporate executives Sweep facility available |
Vikas Savings Khata | A no-frills bank account for low-income individuals Eligible to avail of all value-added services* |
IB Corp SB – Payroll Package Scheme for Salaried Class | Designed specifically for the salaried class Many facilities like no charges for non-maintenance of minimum balance |
Open online Saving Accounts in other Banks:-
- ICICI Bank Digital Savings Account online
- Axis ASAP Digital Account Online
- Kotak Mahindra Zero Balance Account online
- Online HDFC Bank Account
- PNB account online
- Online SBI saving account
- UCO Bank Account online
- Online Bank of Maharashtra Savings Account
Conclusion
Dear visitors, in this article you will all get the relevant information about how to apply for an Indian Bank Savings Account online. All the given information is helpful for opening an Indian Bank Digital Savings Account. We hope you all understand everything that we have shared with you. Please like and share our articles with friends and on social media. Please subscribe to our article by clicking on the One-Signal Push Notification bell icon. You all viewers will get a more important information article in the near future by lifeinawind.com.
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