Eligibility
Women in the age group of 18 years and above.
Singly or in joint names. The first account holder must belong to entitled group
- Including salaried employee (Govt./ PSU/ Private Sector/ MNC etc.)
- Self Employed Professionals like Doctors, Entrepreneurs etc.
- Women with independent source of regular income like rentals etc.
AQB Criteria
Average Quarterly Balance (AQB) of Rs.5000/-
AQB shall be calculated for AMJ, JAS,OND & JFM
quarters (e.g. AMJ stands for April, May, June)
Opening of Account/ Minimum Daily Balance
No Daily Minimum Balance Requirement
However customer has to maintain Average QuarterlyBalance (AQB) of Rs.5000/- or above, therefore AQB Clause to apply
Charges for Non Maintaining Minimum Balance/AQB
No Penalty for Non Maintaining Daily Minimum Balance
- In case of Non maintenance of AQB of Rs.5,000/-
- Penalty will be levied as under:
- SB A/cs with cheque book facility:
- Penal charges: Rs.100/- + GST. per quarter at all centres
- SB A/c without cheque book facility:
- Penal charges: Rs.60 + GST. per quarter at all centres
The slab strucutre for levy of penal charges on special category saving Bank Account of non-maitainance of dtipulated balance in the accounts is as follows:
- Slab I: If AQB in the account falls below 50% of the stipulated AQB,100% of the charges shall be recovered.
- Slab II: If the AQB in the account maintained 50% and above but less than 75% of the stipulated AQB,75% of the charges shall be recovered.
- Slab III:If the AQB in the account is maintained 75% and above but less than 100% of the stipulated AQB,60% of the charges shall be recovered.
Charges for excess debit entries in Savings Bank account ATM / INTERNET transactions not to be counted / reckoned
- Up to 10 Customer induced debit entries a month : FREE
- Beyond 10 debit entries : FREE
- (It is charged for other customers)
Personalized Cheque books per calendar year
50 Leaves (Free)
Issuance of DD/Pay slips
6 DD Per Quarter Free if AQB in the preceding quarter is maintained at Rs.10000/- and above else, DD charges applicable
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