Eligibility

Individuals

Initial Deposit

Initial balance for account opening is in tune with Monthly Average Balance for account opening/ portability under SB Select. As per Minimum Monthly Average Balance (MAB) table below . 

Minimum Monthly Average Balance

a) Monthly Average Balance is fixed based on category of the Branch with initial balance.

b) Customer can deposit initial account opening balance within 3 working days (T+3 excluding date of account opening) failing which account shall be converted to General SB Account on fourth (T+4) day and applicable charges will be applied.

                                                                                             (Amount in Actuals)

Branch type

Rural

Semi Urban

Urban

Metro

Monthly Average Balance

10,000

15,000

20,000

25,000

Initial Deposit

10000

15000

20000

25000

Nature of Account

SB Account

Cheque Book facility

25 Cheque leaves free in a Calendar Year

Rupay Platinum Debit Card along with cheque book shall be issued only upon account showing / reaching the threshold balance.

Debit Card – Rupay Platinum Debit card

Rupay Platinum Debit Card with NIL issuance fee. Free Annual Maintenance Charges subject to maintenance of Min. Balance

Airport Lounge Access - 2 per Calendar quarter

Personal Accident Insurance cover for Death for Rupay Platinum Debit Card Holder (under CANCARE Policy):

Air Accident:

Rs 8.00 lakhs for self

Rs 4.00 lakhs for spouse

Other than Air Accident:

Rs 4.00 lakhs for self

Rs 2.00 lakhs for spouse

Personal Accident & Permanent Total Disability Insurance cover by NPCI Rs. 2 lakhs; with 30 days financial transaction from the date of accident as compulsory condition.

Cash Withdrawal / day - Rs.1,00,000 per day in our Bank ATM and In other Bank ATMs limit as permissible for other Banks card holders.

Baggage Cover - Rs.25000/-

Purchase Protection Cover -Rs.25000/-

Other Terms and Conditions apply

Locker Operations

Unlimited free Locker operations

Internet Banking Facility

Available

Mobile Banking Facility

Available

Tax Savings Deposit, Mutual Funds and Insurance schemes

Available

Nomination Facility

Available

Product Convertibility

Existing SB Account customers of our Bank can convert their account to this product without changing their account number, for availing the attractive freebies

SMS Alerts

Free

NEFT/RTGS/IMPS

Free