CSB Launches ‘SMART SAVE ACCOUNT”, its 1st Retail Offering
In April 2026, CSB Bank Limited, one of India’s oldest private sector banks, launched its first dedicated retail savings product, the ‘SMART SAVE ACCOUNT’, marking a significant step in expanding its retail banking portfolio.
In April 2026, CSB Bank Limited, one of India’s oldest private sector banks, launched its first dedicated retail savings product, the ‘SMART SAVE ACCOUNT’, marking a significant step in expanding its retail banking portfolio.
- This move aimed to boost the bank’s liquidity and enable more automated and customer-centric offerings.
About SMART SAVE ACCOUNT:
Variants: This newly launched account will be available in 3 variants: savings, current, & Non-Resident Ordinary (NRO).
Eligible Entities: Salaried individuals, business professionals, and Non-Resident Indians (NRIs) are eligible to avail the benefits of the account, ensuring liquidity without manual intervention.
Key Features: The new savings account features an auto-sweep facility, transferring additional funds into Fixed Deposits (FDs)
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- It offers maximum 7% interest on ‘Sweep-in FDs’ over a 13-month tenure.
Other Benefits: ‘No lock-in’ facility, complimentary RuPay Platinum debit card, maximum net banking limit of Rs 10 lakh per day, daily maximum Automated Teller Machine (ATM) withdrawal limit of Rs 75,000 and up to 30% discount on locker rentals.
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