- A resident individual woman can open the account under the scheme.
- Joint account can also be opened under the scheme however the first name should be of woman.
- It will be the option of the customer whether she wants to avail sweep facility or not.
- Attractive Concessions/Freebies in the Scheme.
HIGHLIGHTS FOR PNB POWER SAVINGS – PNB SF FUND ACCOUNT FOR WOMEN:
| Particulars | Freebies/Concessions In The Scheme |
|---|---|
| Minimum Quarterly Average Balance (QAB) | Rs.500/- in Rural Rs.1000/- in others |
| Initial Deposit/ Minimum Quarterly Average Balance | Rural : Rs. 500/- Semi – Urban : Rs. 1000/- Urban/Metro : Rs. 2000/- |
| Charges for not maintaining QAB | Applicable charges |
| Free Cheque leaves | 50 cheque leaves per year |
| NEFT charges | Free |
| Issue of Demand Drafts | Free one draft per month upto Rs.10,000/- |
| A rebate/ discount in locker rent (One small locker) | 25% concession in locker rent for first year only |
| Concession in respect of documentation charges for availment of Housing Loan, Vehicle Loan (two wheeler/Car) & Personal Loan | Free |
| Relaxation in margin and interest in loan account | As applicable |
| Discount in De mat account fee | 25% |
| Issue of statement | Free |
| Issuance of debit card(Rupay) (Free) | Platinum Debit Card |
| Domestic cash-ATM withdrawal per day | 50000 |
| Domestic shopping limit-POS- per day | 1.25 lac |
| Free Accidental death Insurance cover | Rs.2.00 lacRs. 5.00 lac |
| Sweep facility | Available subject to T&C |
| Other Misc charges (Signature attestation, Duplicate pass book, Interest Certificate, Balance Certificate) | Free |
| SMS alert charges | Free |
| Periodicity of Sweep | On daily basis (If there is holiday, sweep out will be on the next working day from saving account) |
Terms & Conditions:
Insurance Claim Of Rs.5.00 Lac Is Admissible If
- The QAB in the account during the last calendar quarter remains equal to or more than Rs.25000/-.
- Minimum one transaction on POS/E-Com during the last 90 days.
- Platinum Debit card should have been used within 45 days as per extant guidelines.
- If customer chooses to have Classic debit card then the Personnel Accident Insurance is restricted to Rs.1.00 lac.
- If customer is holding platinum debit card and has used in the last 45 days but either of condition 1 & 2 is not fulfilled then insurance claim will be restricted to Rs.2.00 lac.
Rewardz for transaction through internet banking
| Transaction | Reward Points For Women | Proposed Maximum Point For Women |
|---|---|---|
| First txn through IBS | 50 | One time only |
| NEFT | 5 per transaction (Max 20 per day) | 100 points per month |
| RTGS | 5 per transaction (Max 20 per day) | 100 points per month |
| IMPS | 5 per transaction (Max 20 per day) | 100 points per month |
| Bill payment | 5 per transaction (Max 20 per day) | 100 points per month |
| Govt payments | 20 per transaction | For all transactions |
| IRCTC | 10 per transaction | 50 points per month |
| Credit card payment | 10 per transaction | 50 points per month |
| Opening online FD/RD | 50 | For all transactions |
| Regd for Statement through mail | 40 per account | One time |
Rewardz for transaction through mobile banking
| Transaction | Reward Points For Women | Maximum Points |
|---|---|---|
| First txn through IBS | 50 | One time only |
| NEFT | 5 per transaction (Max 20 per day) | 100 points per month |
| RTGS | 5 per transaction (Max 20 per day) | 100 points per month |
| IMPS | 5 per transaction (Max 20 per day) | 100 points per month |
| Bill payment | 5 per transaction (Max 20 per day) | 100 points per month |