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SPB Premium Saving Account

NAME OF NEW SCHEME SPB PREMIUM SAVING BANK ACCOUNT SCHEME
TYPE OF DEPOSIT SAVINGS BANK ACCOUNT
MIN REQUIREMENT AVERAGE QRTLY BAL Rs.50,000
MINIMUM BAL IN A/C Rs.2500/-
KYC COMPLIANCE IN FULL
   NOMINATION FACILITY (INDIVIDUALS ONLY)
   FREE PERSONALISED 3 CHEQUE BOOKS PER YEAR
   UNLIMITED WITHDRAWAL PER QUARTER
   FREE STANDING INSTRUCTION FACILITY
   FREE ATM CARD WITH ADD ON CARD IN FIRST YEAR
   FREE CASH DEPOSIT AT ANY BRANCH OF BANK
 BASIC FEATURES/FACILITIES  WAIVER OF BAL CERT/FOLIO CHARGES
   WAIVER OF DD/PO ISSUE CHARGES
   WAIVER OF REMITANCES/NEFT/RTGS CHARGES
   FREE SMS ALERTS
  PENALTY OF Rs.500/- FOR DEFAULT IN AVERAGE QUATERLY
  BALANCE
  PENALTY OF Rs 500/- FOR CLOSURE OF A/C WITHIN ONE YEAR

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