Eligibility |
Anybody above 10 years with KYC |
Maximum End of Day Balance |
INR 2,00,000 |
Monthly Average Balance (MAB) |
NIL |
Non-maintenance charges on MAB |
NA |
Annual Interest Rate |
Balance up to INR 1 Lakh - 2.00% per annum Balances above INR 1 Lakh & up to INR 2 Lakh – 2.25% per annum
|
Interest Payment |
Quarterly (Interest shall be paid in the subsequent month of each quarter) |
SMS Alerts |
Actual usage of SMS alerts quarterly, INR 0.25 + GST per SMS |
Account Statement |
Free Monthly e-statement** |
Setting of Standing Instruction Charges |
Free |
Balance certificate per Instance |
INR 50 |
Card/ KIT returned due to wrong address |
INR 50 |
Cash deposit charges |
Free, up to Rs. 10,000 per month. Post free limit, Charges 0.50% of the transaction value subject to minimum Rs. 25 per transaction |
Cash withdrawal charges |
Free, up to Rs. 25,000 per month. Post free limit, Charges 0.50% of the transaction value subject to minimum Rs. 25 per transaction |
Virtual Debit Card Issuance |
INR 25 |
Virtual Debit Card Reissuance |
INR 25 |
Virtual Debit Card Annual Maintenance |
INR 25 |
AePS Cash Withdrawal over non IPPB Network |
INR 20 per transaction post free limit.*** |
AePS Cash Deposit over non IPPB Network |
INR 20 per transaction post free limit.*** |
AePS Mini Statement over non IPPB Network |
INR 5 per transaction post free limit.*** |