Individuals - Single Accounts, Joint Accounts , except Minors, NRIs and accounts under Diamond Category
Initial Balance and Average Quarterly Balance requirement
Rs.500/-
Charges for Non-Maintaining Average Quarterly Balance
In case of Non maintenance of AQB of Rs.500/- , Penalty will be levied as under: SB A/cs with cheque book facility: Penal charges: Rs. 54/- +S.T. per quarter at all centres SB A/c without cheque book facility: Penal charges: Rs.40/- +S.T. per quarter at all centres
Incentives
Group Personal Accidental Death Insurance Cover Rs.50,000 /- (Premium paid by Bank)
One DD/PSI P.M. (Upto Rs.25, 000/-)
Waiver of AMC Charges on Demat A/cs (for First Financial Year only)