NAME OF NEW SCHEME | SPB Super Saving Bank Account Scheme |
TYPE OF DEPOSIT | SAVINGS BANK ACCOUNT |
MIN REQUIREMENT | MAINTAIN DAILY BAL Rs. 25,00,000/- OR MORE |
MINIMUM BAL IN A/C | Rs.25,00,000/-(Rs. TWENTY FIVE LACS OR MORE) FOR ENTITIEMENT OF 7% INTEREST |
KYC COMPLIANCE | IN FULL |
BASIC FEATURES | RATE OF INTEREST @ 7% PA |
NOMINATION FACILITY (INDIVIDUALS ONLY) | |
FREE PERSONALISED CHEQUE BOOKS,CASH DEPOSIT AT ANY BRANCH, SMS ALERTS | |
WAIVER OF BAL CERT/FOLIO CHARGES,NEFT/RTGS,DD/PO CHARGES | |
SB INTEREST WILL BE PAID ON DAILY PRODUCTS SUBJECT TO MAINTAINANCE OF MINIMUM BALANCE AS PER THIS SCHEME | |
IF DAILY BAL GOES BELOW Rs. 25.00 LACS ON ANY DAY IN A YEAR,RATE OF INTEREST APPLICABLE WILL BE 4% PA ON THAT DAY/S | |
SCHEME WILL BE SUBJECT TO RBI GUIDELINES ANS BANK'S RULES AND REGULATIONS | |
ALL OTHER TERMS AND CONDITIONS APPLICABLE FOR SAVINGS BANK ACCOUNTS AS PER BANK POLICIES |