Jana Bank’s DigiGen Account
DigiGen Account is Jana Small Finance Bank’s zero balance digital savings account that customers can open online. Interest rate starts at 4.5% p.a.
Opening an online zero balance savings account is now just a few clicks away. Jana Small Finance Bank have introduced DigiGen Account that allows customers to open a digital savings account online.
Here we will discuss more about DigiGen digital savings account.
Table of Contents
The interest rates on DigiGen savings account starts from 4.5% interest per annum. It offers an interest rate ranging from 4.50% to 7.50% to its customers. The interest rate is calculated on the daily closing balance and the interest is paid out quarterly basis.
| Savings Account Balance | Interest Rate Per Annum | Illustration |
| > 0 and upto 1 lakh | 4.50% | 4.50 % will be paid on balances up to Rs. 1 Lac |
| More than 1 lakh and Upto 10 Lakhs | 5.50% | 5.50% will be paid on incremental balances above Rs. 1 Lac & up to Rs. 10 Lacs |
| More than 10 Lakhs and Upto 5 Crores | 6.50% | 6.50% will be paid on incremental balances above Rs. 10 Lacs& up to Rs. 5 Crores |
| More than 5 crores | 7.50% | 7.50 % will be paid on incremental balances above Rs. 5 Crores |
Opening a DigiGen digital account is a paperless process and you can open it from the comforts of your home.
Click here to start the online account opening journey. Enter your Mobile number and email ID that you want to register with the bank account. You will get an OTP on your mobile number. Enter the OTP to proceed.
In the second step, you need to enter your Aadhaar & PAN details. You will receive an OTP on your Aadhaar registered mobile number. Add the OTP.
If your Aadhaar address differs from communication address, you can add your communication address in this stage. Enter the other details such as mother’s maiden name, your occupation, marital status and nominee details.
Once you fill up the details, you can see your CRN, account number, IFSC code and bank branch.
Although the account is zero balance account, you have to fund your account to open the digital account. You can fund your digital account through net banking and UPI. There is no minimum initial deposit requirement. You can open the account by funding your account with as little as Rs.10.
Now, you will also get the option to schedule an appointment to complete your full KYC process. Customer care executive will visit your home to verify the documents. You need to complete the step within 12 months to continue the account.
Zero Balance Account: DigiGen is a zero balance savings account and customers don’t have to maintain any minimum balance in this account.
Online account opening: The account opening process of the savings account is completely paperless and online. The account can be opened from your home without visiting the bank branch.
Rupay Debit Card: Customers of the bank account receive RuPay debit cards that they can use to withdraw cash or pay for goods and services bought online and offline.
Low minimum initial funding: Individuals need to fund their account during the online account opening process. However, the account opening process is low and account can be opened by funding with Rs.10 as well.
Multiple ways to fund transfer: Account holders can fund their account through multiple ways such as net banking, UPI and debit card.
Online fund transfer: Customers can transfer money anytime and anywhere online through NEFT,RTGS or IMPS.
Complete full KYC process: Customers can complete the Full KYC process at their doorstep and use their account without any restrictions.
Other Zero Balance Accounts:
Know How to Open Kotak 811 Online Instantly
DigiSavings Account by Digibank
Ujjivan Small Finance Bank Digital Account
