PSB-Premier Savings Bank Accounts

 

With a view to make the Savings Deposit Scheme of the Bank more customer friendly, increase Bank's market share (quantitatively and qualitatively) in low cost deposit by attracting new constituents and also to add competitive edge to our Savings Deposit product, Bank has launched a Scheme named P S B–Premier Savings Bank Accounts. It has a host of benefits for the customers.

The accounts are to be opened with minimum amount of Rs.50,000/- or more in the Rural & Semi – Urban Branches and Rs.2,00,000/- or more in the Urban & Metro Branches and should continue to maintain minimum balance of Rs.50,000/- or more in the Rural & Semi – Urban Branches and Rs.2,00,000/- or more in the Urban & Metro Branches.

By maintaining minimum balance of Rs.50,000/- or more in the Rural & Semi – Urban Branches and Rs.2,00,000/- or more in the Urban & Metro Branches by the account holder in these accounts, Bank will give them following services free of cost: -

  • Free ATM Cards.
  • Statement of A/C without any charge.
  • Waiver of Inward Cheque Returning Charges.
  • Waiver of Cash Handling Charges on cash deposit up to Rs.3.lacs.
  • Waiver of Locker Rent of Small Locker for one year.
  • Cheque Book with name of the customer duly printed on the Cheque Book.

* 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.

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