{"id":2018,"date":"2018-03-11T09:02:10","date_gmt":"2018-03-11T03:32:10","guid":{"rendered":"https:\/\/www.antworksmoney.com\/blog\/?page_id=2018"},"modified":"2018-06-28T17:30:35","modified_gmt":"2018-06-28T12:00:35","slug":"oriental-bank-commerce-savings-account","status":"publish","type":"page","link":"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/","title":{"rendered":"Oriental Bank of Commerce Savings Account"},"content":{"rendered":"<p>Oriental Bank of Commerce has a strong network of ATMs across the country, which enable customers to have access to their money at their convenience.<\/p>\n<h2>Oriental Bank of Commerce Interest Rates<\/h2>\n<p>OBC offers lucrative rates of interest for different types of Savings Accounts. These attractive interest rates ensure that customers get the maximum benefit out of their savings. The interest rates for different types of Savings accounts are as follows &#8211;<\/p>\n<ul>\n<li>The interest rate is payable at quarterly rests for OBC Diamond Saving Deposit Account.<\/li>\n<li>The interest rate is payable at quarterly rests for OBC Platinum Saving Deposit Account.<\/li>\n<li>The interest rates for Oriental Double Deposit Scheme ranges from 8.75% p.a to 10.25% p.a, which varies according to the category of the account holder.<\/li>\n<\/ul>\n<h2>How do I open a Savings Account with OBC?<\/h2>\n<p>To open a <a href=\"https:\/\/www.antworksmoney.com\/blog\/indian-bank-savings-account\/\"><strong>Savings Account<\/strong><\/a> with OBC, you can either download the account opening form from the bank\u2019s official portal or go to the nearest OBC branch to procure the application form. After filling up the form duly, submit it to any branch of your choice. Please remember that you have to furnish the form with all the necessary documents like passport size photographs, ID proof, etc.<\/p>\n<h2>Types of OBC Savings Accounts<\/h2>\n<h3>Basic Savings Bank Deposit Account<\/h3>\n<p>This account caters to those citizens of India who fulfill every eligibility criteria of opening a bank account but cannot comply with the financial burden of maintaining a minimum balance in the account. This account provides nomination facility to the account holders and they also get an ATM card for free. The holders of basic SB Account cannot avail the internet banking facility.<\/p>\n<h3>OBC Diamond Saving Deposit Account<\/h3>\n<p>OBC Diamond Saving Deposit Account is quite popular among OBC customers. The ATM card issued with this type of account doesn\u2019t have any charges for renewal or issuance. Customers also get personalized multi-city chequebooks free of cost and get a 25% discount on locker rental charges.<\/p>\n<h3>OBC Platinum Saving Deposit Account<\/h3>\n<p>Account holders enjoy a 50% concession on locker rental charges, and personalized multi-city chequebooks free of cost. The ATM card issued with this type of account doesn\u2019t have any charges for renewal or issuance. If the account holder can maintain AQB, he\/she gets a personal accident insurance cover of Rs.10 lakhs, free of cost.<\/p>\n<h3>Oriental Double Deposit Scheme<\/h3>\n<p>Oriental Double Deposit Scheme has different deposit tenure for different category of customers. It is as follows \u2013<\/p>\n<ul>\n<li>The deposit tenure for the general public is 99 months<\/li>\n<li>The deposit tenure for senior citizens is 93 months<\/li>\n<li>The deposit tenure for staff is 87 months<\/li>\n<li>The deposit tenure for ex-staff and senior citizens is 84 months<\/li>\n<\/ul>\n<h2>OBC Savings Accounts Minimum Balance Requirements<\/h2>\n<p>Depending on factors like type of the savings account, deposit tenure, etc. the minimum balance to be maintained in each account differs from the other. The comprehensive table below explains the minimum balance that needs to be maintained in each type of savings account.<\/p>\n<table class=\"table table-curved\" border=\"1\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td>Type of Savings Account<\/td>\n<td>Minimum Balance<\/td>\n<\/tr>\n<tr>\n<td>OBC Diamond Saving Deposit Account<\/td>\n<td>Average quarterly Balance &#8211; Rs. 1 lakh<\/td>\n<\/tr>\n<tr>\n<td>OBC Platinum Saving Deposit Account<\/td>\n<td>Average quarterly Balance &#8211; Rs. 5 lakhs<\/td>\n<\/tr>\n<tr>\n<td>Oriental Double Deposit Scheme<\/td>\n<td>Rs. 1000<\/td>\n<\/tr>\n<tr>\n<td>Basic SB Deposit Account<\/td>\n<td>No minimum balance required<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>OBC Savings Accounts Eligibility<\/h2>\n<p>Oriental Bank of Commerce allows the following entities to open Savings Accounts \u2013 Individuals \u2013 either singly or jointly<\/p>\n<p>Associations, Trusts, Hindu Undivided Families (HUFs),<\/p>\n<p>Clubs and societies<\/p>\n<p>Please note that the above entities must fulfill the eligibility criteria as laid down according to KYC guidelines.<\/p>\n<h3>Documentation<\/h3>\n<p>The following documents are required to open a Savings Account with Oriental Bank of Commerce \u2013<\/p>\n<ul>\n<li>Government-issued photo identity proof \u2013 passport, voter ID card, PAN card, ration card, driving license, etc.<\/li>\n<li>Proof of age<\/li>\n<li>Proof of residence \u2013 electricity bill, telephone bill, passport, ration card, etc.<\/li>\n<li>2 passport size photographs of prospective account holders.<\/li>\n<li>For 60 or 61 of the prospective account holder.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Oriental Bank of Commerce has a strong network of ATMs across the country, which enable customers to have access to their money at their convenience. Oriental Bank of Commerce Interest Rates OBC offers lucrative rates of interest for different types of Savings Accounts. These attractive interest rates ensure that customers get the maximum benefit out &hellip; <a href=\"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Oriental Bank of Commerce Savings Account&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2018","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Oriental Bank of Commerce (OBC) Savings Account<\/title>\r\n<meta name=\"description\" content=\"Oriental Bank of Commerce (OBC) offers lucrative rates of interest for different types of Savings Accounts.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Oriental Bank of Commerce (OBC) Savings Account\" \/>\r\n<meta property=\"og:description\" content=\"Oriental Bank of Commerce (OBC) offers lucrative rates of interest for different types of Savings Accounts.\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments\" \/>\r\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antworksmoney\/\" \/>\r\n<meta property=\"article:modified_time\" content=\"2018-06-28T12:00:35+00:00\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:site\" content=\"@AntworksMoney\" \/>\r\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/\",\"url\":\"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/\",\"name\":\"Oriental Bank of Commerce (OBC) Savings Account\",\"isPartOf\":{\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#website\"},\"datePublished\":\"2018-03-11T03:32:10+00:00\",\"dateModified\":\"2018-06-28T12:00:35+00:00\",\"description\":\"Oriental Bank of Commerce (OBC) offers lucrative rates of interest for different types of Savings Accounts.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.antworksmoney.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oriental Bank of Commerce Savings Account\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#website\",\"url\":\"https:\/\/www.antworksmoney.com\/blog\/\",\"name\":\"Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.antworksmoney.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#organization\",\"name\":\"antworksmoney.com\",\"url\":\"https:\/\/www.antworksmoney.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.antworksmoney.com\/blog\/wp-content\/uploads\/2018\/03\/Logo-AntworksMoney.jpg\",\"contentUrl\":\"https:\/\/www.antworksmoney.com\/blog\/wp-content\/uploads\/2018\/03\/Logo-AntworksMoney.jpg\",\"width\":335,\"height\":328,\"caption\":\"antworksmoney.com\"},\"image\":{\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/antworksmoney\/\",\"https:\/\/twitter.com\/AntworksMoney\",\"https:\/\/www.linkedin.com\/company\/13288601\/\",\"https:\/\/in.pinterest.com\/antworksmoney\"]}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Oriental Bank of Commerce (OBC) Savings Account","description":"Oriental Bank of Commerce (OBC) offers lucrative rates of interest for different types of Savings Accounts.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/","og_locale":"en_US","og_type":"article","og_title":"Oriental Bank of Commerce (OBC) Savings Account","og_description":"Oriental Bank of Commerce (OBC) offers lucrative rates of interest for different types of Savings Accounts.","og_url":"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/","og_site_name":"Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments","article_publisher":"https:\/\/www.facebook.com\/antworksmoney\/","article_modified_time":"2018-06-28T12:00:35+00:00","twitter_card":"summary_large_image","twitter_site":"@AntworksMoney","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/","url":"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/","name":"Oriental Bank of Commerce (OBC) Savings Account","isPartOf":{"@id":"https:\/\/www.antworksmoney.com\/blog\/#website"},"datePublished":"2018-03-11T03:32:10+00:00","dateModified":"2018-06-28T12:00:35+00:00","description":"Oriental Bank of Commerce (OBC) offers lucrative rates of interest for different types of Savings Accounts.","breadcrumb":{"@id":"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.antworksmoney.com\/blog\/oriental-bank-commerce-savings-account\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.antworksmoney.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Oriental Bank of Commerce Savings Account"}]},{"@type":"WebSite","@id":"https:\/\/www.antworksmoney.com\/blog\/#website","url":"https:\/\/www.antworksmoney.com\/blog\/","name":"Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments","description":"","publisher":{"@id":"https:\/\/www.antworksmoney.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.antworksmoney.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.antworksmoney.com\/blog\/#organization","name":"antworksmoney.com","url":"https:\/\/www.antworksmoney.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.antworksmoney.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.antworksmoney.com\/blog\/wp-content\/uploads\/2018\/03\/Logo-AntworksMoney.jpg","contentUrl":"https:\/\/www.antworksmoney.com\/blog\/wp-content\/uploads\/2018\/03\/Logo-AntworksMoney.jpg","width":335,"height":328,"caption":"antworksmoney.com"},"image":{"@id":"https:\/\/www.antworksmoney.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/antworksmoney\/","https:\/\/twitter.com\/AntworksMoney","https:\/\/www.linkedin.com\/company\/13288601\/","https:\/\/in.pinterest.com\/antworksmoney"]}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/pages\/2018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=2018"}],"version-history":[{"count":2,"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/pages\/2018\/revisions"}],"predecessor-version":[{"id":8082,"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/pages\/2018\/revisions\/8082"}],"wp:attachment":[{"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=2018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}