PREMIUM SAVINGS ACCOUNT
Premium Savings Account provides an enriched version of Savings Bank account consisting of various concessions and add-ons. It is suitable for High Net worth Individual/ Mass Affluent customers. Savings Bank account: it will be linked to Multi Option Deposit (MOD) account, for auto sweep, for issue of term deposits and unitised break-up facilities. Minimum balance, savings bank component: Rs 25,000; MOD component: each MOD Rs 10,000.
Auto-sweep facility will be operative at monthly intervals and term deposits/special term deposits would be created under the MOD scheme, in units of Rs 1,000, subject to a minimum amount of Rs 10,000. The facility of unitised break-up will also be available for withdrawing the deposits conveniently. Period of deposit MOD component: 1 year to 5 years, in round months.
Cheque facility, multi-city cheques, unlimited number of debits per half-year, ATM- cum-debit card facility, Gold cards (Master/Visa) will be issued, free of cost.
Get your free ATM cum debit card and get access to the widest network of ATMs across the country to withdraw cash, enquire about your balance etc. You can also avail yourself of th international ATM-cum-debit card, which can be used within as well as outside India, at a nominal fee. Transact at your convenience. You can also withdraw cash from Maestro endorsed ATMs of other banks under bilateral sharing, at a nominal fee. Monitor and control your funds through internet banking or/ and through passbook/statement of account facility. Unlimited number of payments. Make payments by giving standing instructions. Remit funds from any part of the country to your account upcountry cheque collection facility. Transfer of accounts between our wide networks of branches without any charge.
NRI Edge is new premium banking product for NRIs from across the world. Equipped with premium Platinum debit card, a dedicated 24x7 phone banking team and exclusive investment options. Free International Platinum ATM-cum-debit card with customisable cash withdrawal and spend limits. Enjoy limits of up to Rs 100,000 for cash withdrawal and Rs 200,000 for POS. Insurance benefits on your NRI Edge account include: personal air-accident coverage worth Rs 10,000,000, coverage against loss of passport or baggage in India, coverage against hospitalisation from accident in India, worth Rs 100,000, coverage for emergency travel to India.
NRE Recurring Account
NRE Recurring Deposit is an ideal way for NRIs to make large savings by putting aside small sums every month. Easy monthly installments: from Rs 5000 to Rs 100,000 in multiples of Rs 1000, funds fully repatriable, easy funding of account: transfer funds every month from your NRE savings account, free Internet banking for 24-hour access to your account, competitive exchange rates on conversion of your foreign currency into rupees.
FCNR Fixed Account
FCNR fixed deposits enable NRIs to earn good returns on their foreign currency earnings. Maintain account in a choice of 6 currencies: US$, GB£, euro, yen, CA$ and AU$, loans of up to 85% of your deposit at attractive interest rates (maximum Rs 20 lakh, tenures ranging from 1 to 5 years, electronic Deposit Confirmation Advise (E- DCA) on your e-mail ID within one working day (if you have subscribed for account statement via e-mail); open an account with low amounts as US$1000, euro 1000 and JPY 200,000; automatic renewal of your deposit on maturity.
NRE Fixed Account
An NRE Fixed Deposit account is a great investment option for non-resident Indians. It’s safe, liquid, and fully repatriable and earns good returns. Open an NRE Fixed Deposit account with as low as Rs 25,000, loans of up to 90% of your deposit at attractive interest rates (maximum Rs 20 lakh), Electronic Deposit Confirmation Advise (E- DCA) on your e-mail ID within one working day (if you have subscribed for account statement via e-mail), competitive exchange rates on conversion of your foreign currency into rupees, tenure of 1 to 10 years, automatic renewal of your deposits.