NAME OF SCHEME | SPB JUNIOR SAVING BANK ACCOUNT | |||
TYPE OF DEPOSIT | SAVINGS BANK ACCOUNT | |||
MIN REQUIREMENT | MIN. BAL Rs.250/- | |||
MINIMUM BAL IN A/C | ||||
KYC COMPLIANCE | IN FULL | |||
NOMINATION FACILITY (INDIVIDUALS ONLY) | ||||
OPERATION IN THE ACCOUNT ALLOWED ALONGWITH GUARDIAN | ||||
CEILING OF DEP/WITHDRAWAL OF Rs. 5000/- PER DAY | ||||
& BAL NOT ABOVE Rs.1.00 LAC IN A/C | ||||
NO CHARGES IF AVERAGE QUARTERLY BAL. IS ABOVE Rs.20000/- | ||||
CONVERSION OF MINOR A/C TO MAJOR ON ATTAINING MAJORITY | ||||
IF THE A/C IS OPERATED FOR 5 YEARS & ABOVE, PRIORITY FOR | ||||
LOAN FACILITY FOR EDUCATION LOAN/MARRIAGE PURPOSE LOAN | ||||
@ 50% REBATE IN LOAN PROCESSING CHARGES |