Deluxe Savings Account

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Deluxe Savings Account

Deluxe Savings Account offers high interest, zero hassles, and premium banking benefits, solving your need for secure, convenient, and rewarding savings.

  • cheque availibilty
  • penalty for nonmaintenance
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Details for Deluxe Savings Account

The Deluxe Savings Account is designed for customers seeking premium banking benefits. Enjoy higher interest rates, free transactions, priority services, and exclusive perks like free cheque books and ATM withdrawals. Experience a hassle-free, secure, and rewarding savings journey with personalized banking solutions.

Interest Rate

2.90%

Withdrawal Limit

1,00,000/-

Transaction Limit

1,50,000/-

Minimum Balance Required

  • 5000/-

Eligibility Criteria for Opening an Account

  • Resident Individuals (sole or joint account)
  • Hindu Undivided Families.
  • Minors above the age of 10 years are eligible to open self operated minor account and an ATM/Debit card can be issued to the Minor.

Additional Benefits

  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • Free e-banking / m-banking facility.
  • Charges for non-maintenance of the minimum Average Monthly Balance
  • ₹7.5 plus GST per ₹100 of the shortfall or part thereof from Average Monthly Balance Requirement OR ₹375/- per month + GST, whichever is lower
  • Interest is calculated on the daily product basis and compounded quarterly. 20 Cheque leaves free per year. (25 Cheque leaves for Senior Citizens).
  • Nomination facility available.