1

Variant Name

SB PRIME

SB PRIORITY

SB PRIVILEGE

2

Eligibility

Accounts can be opened by all those who are eligible to open regular savings bank accounts.

(Minimum age-18)

3

Quarterly Average Balance (QAB)

Rs. 1.00 Lakh

Rs. 5.00 Lakh

Rs. 10.00 Lakhs

4

Availability of Relationship Manager

NO

YES

YES

5

FREE Personal Accident Insurance except armed forces and police

With account

Rs. 20 Lakhs

Rs. 50 Lakhs

Rs. 100 Lakhs

With RuPay debit card

Personal Accident insurance and Permanent Disability cover upto Rs. 2 Lakhs (RuPay Platinum Debit Cards)

Personal Accident Insurance and Permanent Disability Cover upto Rs. 10 Lakhs (RuPay Select Debit Cards)

6

Doorstep Banking Service

12 Free DSB service per year through our DSB service provider (per quarter 3)

24 Free DSB service per year through our DSB service provider (per quarter 6)

Unlimited Free DSB service per year through our DSB service provider

7

Domestic Airport/ Railway lounge in RuPay Card

RuPay Platinum Debit Cards:One (1) access per quarter

RuPay Select Debit Cards:

Currently three (3) times per calendar quarter per card

8

International Airport lounge
program in RuPay Card

RuPay Platinum Debit Cards:Two (2) access per annum

RuPay Select Debit Cards:

Currently three (3) times per calendar year

9

Processing charges for home loan (Reimbursement of Processing charges after one year)

100% concession

10

Processing charges for Vehicle loan (Reimbursement of Processing charges after one year)

50% concession

100% concession

11

Concession on locker Rent (Reimbursement of locker rent Charges after one year)

25% waiver

50% waiver

75% waiver

12

Locker Operations

Unlimited free

13

Fund transfer through NEFT / RTGS / IMPS

Free

14

SMS Alert Charges

Free

15

Personalized Free Cheque Book

YES

16

Demand Drafts

Free unlimited to the extent of average balance available in the account in the previous month

17

Stop Payment Instruction Charges

Free

18

Account Statement through e-mail/e-Statement (Monthly)

Free

19

Standing Instructions

Free

20

Utility Bill Payment, online Tax payment

Free

21

Internet & Mobile Banking Facility

Free

22

Type of Debit Card

RuPay Platinum Debit Card

RuPay Select/Visa Signature Debit Card

23

Debit Card Charges

Issue Charge

Free

Annual Maintenance Charge (AMC)

Free

24

ATM Cash Withdrawal Limit

Rs. 50,000

per day

Rs. 1,00,000 per day in Visa Signature and Rs. 50,000/- in RuPay Select

25

POS Limit

Rs. 1,25,000

per day

VISA Signature- Rs. 3,50,000 per day & Rs. 5,00,000 per day-RuPay Select

26

Ecom Limit

Rs. 1,25,000

per day

Rs. 3,50,000 per day

27

Free ATM card access at own ATM per month

10

10

10

28

Free ATM card access at other ATM per month

15

15

15

29

Credit Card subject to Bureau score, income norms and other eligibility criteria

Free issuance, Annual Maintenance & Renewal Charges

30

Non-Maintenance of QAB per quarter (Excluding GST)

I. If QAB Shortfall <20% then Rs. 100/-

II. If QAB Shortfall >20% upto 40 % then Rs. 200/-

III. If QAB Shortfall >40% upto 60 % then Rs. 300/-

IV. If QAB Shortfall >60% upto 80 % then Rs. 400/-

V. If QAB shortfall >80 % then Rs. 500/-

I. If QAB shortfall <20% then Rs. 200/-

II. If QAB shortfall >20% upto 40 % then Rs. 500/-

III. If QAB shortfall >40% upto 60 % then Rs. 1,000/-

IV. If QAB shortfall >60% upto 80 % then Rs. 1,500/-

V. If QAB shortfall >80 % then Rs. 2,000/-

I. If QAB shortfall <20% then Rs. 500/-

II. If QAB shortfall >20% upto 40 % then Rs. 1,000/-

III. If QAB shortfall >40% upto 60 % then Rs. 1,500/-

IV. If QAB shortfall >60% upto 80 % then Rs. 3,000/-

V. If QAB shortfall >80 % then Rs. 4,000/-