Bank has been concentrating its efforts to increase the low cost deposits and to increase the low cost deposit, there is need to attract the new customers / clients, with a new product which suits their requirement / demand. Consequently there has been value addition in the existing current account. It has been named PSB Premier current Accounts with a host of benefits for the customers.
These accounts have to be opened with minimum amount of Rs.1,00,000/- or more in the Rural , Rs.1,50,000/- or more in Semi – Urban Branches and with Rs.4,00,000/- or more in the Urban & Metro Branches.
Quarterly Average Balance to be maintained:
Rural |
Rs.100000 |
Semi Urban |
Rs.150000 |
Urban & Metro |
Rs.400000 |
The salient benefits are as follows subject to maintain Quarterly Average minimum Balance as above.
- Free ATM Cards.
- Statement of A/C without any charge.
- Waiver of Inward Cheque Returning Charges.
- Waiver of Cash Handling Charges on deposit upto 30 lac per month..
- Waiver of Locker Rent of Small Locker for one year.
- Free 200 leaves per month in personalized or Non personalized Cheque Book
- Waiver of ledger folio charges.
- Waiver of RTGS/NEFT charges 10 transactions per month
- Waiver of DD issuance charges
- Waiver of inter sol transfer charges
- Waiver of cash transaction charges at Base/ Non base branch
* Nomination facility is available on all deposit accounts opened by individuals. Nomination is also available to a sole proprietary concern account. Nomination can be made in favour of one individual only. Nomination so made can be cancelled or changed by all the account holder(s) any time.