A Saving Bank product with value added propositions and privileges to high value NRI customers. The product is available in all Indian branches.
- Free remittance facility if beneficiary maintains account at any of branch in India
- Demand draft / Bankers cheque issued free of any charges
- Cheque book facility available free of cost
- No charges for collection of cheque drawn on self a/c / travel cheques / Currency notes tendered during personal visit
- Custodial services free of cost
- Free Debit VISA enabled ATM card
- Free 24*7 day account access thru Internet Banking
- Preferential Exchange Rate for conversion
- Preferential allotment of lockers
- Interest and principal fully repatriable
- Tax exemption on interest earned
- Saving Bank interest presently @ 4% p.a. is payable on daily balances
- Quarterly Average Balance (QAB) of Rs.50000- is to be maintained by depositor
- Penalty of Rs.500 + service tax as applicable will be charged for non-maintenance of QAB of Rs.50000- in account