Open the RBL Bank GO Savings Account online to enjoy attractive features and benefits.
Established in 1943, RBL Bank is a leading Indian private sector bank with its headquarters in Mumbai. The bank offers a number of financial products and services, such as credit cards, debit cards, fixed deposits, and loans, among others. One of their unique offerings is the RBL Bank GO Savings Account.
This is a zero-balance account, which means that there is no requirement to maintain a minimum balance amount in the account. The process to open the RBL Bank zero-balance savings account is simple. You can apply online and benefit from numerous features and benefits.
Refer to this table to know the interest rates that the RBL Bank savings account offers:
Daily balance |
Rate of Interest |
Up to ₹1 lakh |
3.50 |
Above ₹1 lakh up to ₹10 lakh |
5.50 |
Above ₹10 lakh up to ₹25 lakh |
6.00 |
Above ₹25 lakh up to ₹2 Crore |
7.50 |
Above ₹2 Crore and up to ₹3 Crore |
7.50 |
Above ₹3 Crore and up to ₹7.5 Crore |
6.50 |
Above ₹7.5 Crore up to ₹25 Crore |
6.25 |
Above ₹25 Crore up to ₹50 Crore |
6.25 |
Above ₹50 Crore up to ₹75 Crore |
5.25 |
Above ₹75 Crore up to ₹100 Crore |
7.50 |
Above ₹100 Crore up to ₹125 Crore |
7.50 |
Above ₹125 Crore up to ₹200 Crore |
6.00 |
Above ₹200 Crore up to ₹400 Crore |
4.00 |
Above ₹400 Crore up to ₹500 Crore |
6.75 |
Above ₹500 Crore |
MIBOR + 100 bps |
*Note: These savings account interest rates are applicable on daily balances over ₹1 Lakh and are subject to change at the bank’s discretion. The rates mentioned above are effective from October 30, 2024.
Apart from attractive interest rates, here are some key features of the RBL Bank GO savings account:
The RBL Bank GO Savings Account is a zero-balance account, which eliminates the need to maintain a minimum balance. This provides higher flexibility and makes it easier to maintain the bank account.
You can open a savings account with a minimal joining fee of ₹1,999 + GST and enjoy numerous benefits. Also, the annual renewal fee is minimal. You only need to pay ₹599 + GST, which can be waived off Read Moreon spends of ₹1 Lakh or above. This is applicable at POS and e-commerce websites using the debit card. Read Less
You get a free debit card on opening the savings account. With this debit card, you enjoy attractive benefits like complimentary travel and accident insurance. You will also receive joining vouchers wo Read Morerth ₹1,500 and get access to unlimited ATM withdrawals, and more. Read Less
You can easily manage your bank account and execute various transactions hassle-free. Through the RBL MoBank app, you can instantly get details of your bank account and transactions.
Here are the fees and charges associated with the RBL Bank GO Savings Account:
Particulars |
Charges |
Joining Fee |
₹1,999 + GST |
Renewal Fee |
₹599 + GST |
Average Monthly Balance |
NIL |
Non-maintenance Charge per month |
NA |
Cheque Book |
Free |
Outstation Clearing |
Free |
RTGS, NEFT, Fund Transfers Inward |
Free |
Fund Transfer (within RBL Bank) |
Free |
Demand Draft |
Free |
IMPS Transaction |
Free |
Cash Deposit |
Minimum KYC: NA
Full KYC: Free ₹3,00,000 p.m., post which ₹3/1000 |
Cash Withdrawal |
Free |
Replacement of Lost/Damaged Debit Card |
₹200 |
Account Closure Charges |
Free |
Credit Report (1 per Year) |
Free |
Cyber Insurance (1st Year) |
Free |
Disclaimer: The aforementioned fees and charges are effective from September 20, 2023 and are subject to change as per the rules and policies of the bank.
Here are a few essential documents you need to submit to open an RBL Bank zero-balance savings account:
PAN card
Aadhaar card
Additionally, keep a blank paper and pen handy to note down important information. Since the RBL Bank GO Savings Account minimum balance requirement is zero, you do not need to worry about non-maintenance charges. If you are looking to open a savings account, get started today on Bajaj Markets and choose one that best fits your requirements.
You can open an RBL Bank GO savings account online. Simply complete your KYC, submit relevant documents, and pay the joining fee.
After completing the KYC, you will receive your account details through email. You can also access the details on the RBL MoBank app.
You can enjoy free welcome vouchers worth ₹1,500 and a waiver of the annual card fee the following year. However, this is applicable when you exceed your spending limit of ₹1 Lakh in the previous year. This applies to spends done at POS and e-commerce websites.