Eligibility

All SB Accounts and CD Accounts in the Name of Individuals or Proprietary Concerns, With an Average Balance of Rs. 50,000/- per Quarter in Their Accounts.

Daily Cash withdrawal Limit

Rs. 40,000/-

Daily Limit for Usage in Merchant Establishments (PoS)

Rs. 1,25,000/-

Daily Limit for Usage in Internet (E-Com)

Rs. 1,25,000/-

Charges for Issuance of Card

Rs. 250/- +GST

Annual Maintenance Fee

Rs. 250/- +GST (From the 2nd Year Onwards at the Beginning of the Year)

Replacement/Re-issue of Lost/Damaged Card

Rs. 350/- +GST

Re-issue of PIN

Green PIN Rs. 20/- +GST, Paper PIN Rs. 50/- +GST, PIN RESET Rs. 10/- +GST

PoS/Ecom Transactions

No Charges

Transactions at IOB ATMs

First 10 Transactions (Financial and Non-Financial Transactions)

No Charges

After 10 Transactions for Each Financial Transaction

Rs. 10/- +GST

After 10 Transactions for Each Non-Financial Transaction (Mini Statement, Balance Enquiry etc.,)

Rs. 5/- +GST

Transactions at Other Bank ATMs

First 5 transactions (3 Transactions Only Allowed in 6 Metro Cities) Including Non-Financial in a Calendar Month for SB Account Holders

No Charges

After 5 Transactions (From 4th Transaction Onwards in 6 Metro Cities) for Each Transaction

Rs. 23/- +GST

For CD Accounts (From First Transaction Onwards)

Rs. 23/- +GST