Saving Account can be opened by Individuals (either singly or jointly), Associations, Trusts, Hindu Undivided Families (HUFs), Clubs, Societies etc. subject to fulfilling eligibility criteria (domestic depositors) of Reserve Bank of India, on compliance of "Know Your Customer(KYC) Guidelines", execution of Account Opening Form and completion of requisite formalities, viz., photographs, identity and address proof, etc.
2. BRIEF OF THE PRODUCT:
|| With QAB of Rs.50,000/- & above
|| Minimum Quarterly Average Balance (QAB)
|| Rs.50000 & above
|| Initial Deposit
(R/SU/U & M)
| Rural-Rs. 500/-
|| Non Maintenance of QAB Charges (per quarter)
|| No charges for non maintenance of QAB of Rs.50000/-
|| Inter-sol transfer/ Clearing Charges
i) Local (Same ClearingCentre/City)
ii) ISO Charges on transfer of funds to accounts at outstation branches
|| Cash withdrawal Charges at all branches
|| Instant credit of outstation cheques P.Q.(After ensuring satisfactory operation & maintaining of QAB for 2 qtr in the account).
|| Cash Deposit Charges at Base Branch
| Cash Deposit Charges at non base Branch (Local/outstation)
|| 50% discount on applicable charges.
|| Concession in respect of upfront fee/
processing Fee for availment of Loan
(Housing Loan upto Rs.50 lac & Car Loan
upto Rs.6 lac)- concession will be available after
maintaining QAB for 2 quarter
|| RTGS/NEFT charges
(Routed through account)
|| Free Collection of outstation Cheque per quarter (Maximum) (Issued in favour of customer)
|| Rs.1.00 lac
|| Issue of Demand Drafts per quarter
|| 50% discount on issue of draft upto
Rs.1.50 lac per quarter.
|| Stop Payment instruction charges
|| Account Statements charges (in
addition to passbook per month)
|| Issue of Free Debit Card
|| Platinum Debit Card with 2 add on cards (Accidental Insurance cover maximum Rs.2lac)
|| A rebate/ discount in locker rent
|| 50% concession in locker rent
for first year only
|| Free Cheque leaves
|| 60 cheque leaves free in a year.
- System will automatically provide concession/freebies to existing customers who maintained QAB of Rs.50000/- & above in previous quarter.
PLEASE CONTACT ANY OF OUR NEAREST BRANCHES FOR COMPLETE DETAILS AND OPENING OF ACCOUNT.