Feature of PNB Elite Saving Fund Schemes
| Parameters | Variants | ||||
|---|---|---|---|---|---|
| Premium | Executive | Grand | Royal | ||
| Eligibility | Saving Account can be opened by Resident Individuals (either singly or jointly) only. (Existing account of entities other than individual shall continue under the Scheme. However, no new account of non-individual shall be opened). | Resident Individuals | |||
| Initial Deposit/ Criteria for New to Bank | As per the guidelines issued for general SF account by HO:IRMD for general Saving accountSF QAB Rs.50,000 & above and less than Rs. 5 lakh | SF QAB Rs.5.00 lakh and above and less than Rs.10.00 lakh | SF QAB Rs.10.00 lakh and above and less than Rs.15.00 lakh | SF QAB Rs.15.00 lakh and above | |
| Criteria for ETB(Existing to Bank) | All accounts opened in “PNB Best Customer Scheme” & PNB Pratham SF account to be transferred to this scheme.SF QAB:- Rs 50,000/- | SF QAB Rs.5.00 lakh and above and less than Rs.10.00 lakhorTRV > 25.00 lakhs upto 50.00 lakhs | SF QAB Rs.10.00 lakh and above and less than Rs.15.00 lakhorTRV > 50.00 lakhs upto 100.00 lakhs | SF QAB Rs.15.00 lakh and aboveorTRV > 100.00 lakhs | |
| Charges for non-maintenance of QAB | As prescribed by HO: IRMD (Charges will be deducted only as per existing guidelines for general SF Accounts as per location).All freebies will be withdrawn and the customer will be informed through SMS. Also, the customer will be given an option to change to other SF Scheme | For non-maintenance of desired QAB, freebies will be withdrawn and the customer will be informed through SMS. | |||
| Free Cheque Leaves | 50 leaves per annum | 200 per annum | 400 per annum | Unlimited | |
| RTGS/NEFT/IMPS charges | Free | ||||
| Stop Payment instruction charges | Free | ||||
| A/c Statement charges | Free | ||||
| Cash Deposit Charges | As per the HO:IRMD guidelines issued from time to time. | Free | |||
| Cash Withdrawal Charges | Free | ||||
| Instant credit of outstation cheques per qtr | Rs. 0.25 lakh | Rs. 0.50 lakh | Rs. 1.00 lakh | ||
| Free Collection of outstation Cheque per qtr (Maximum)(Issued in favour of customer) | Rs.1.00 lakh per quarter | Rs.2.00 lakh per quarter | Rs.3.00 lakh per quarter | Rs.5.00 lakh per quarter | |
| Issue of Demand Drafts per quarter | 50% discount on issuance of draft upto Rs. 1.50 lakh | Waived on issue of draft of amount upto Rs.2.00 lakh. | Waived on issue of draft of amount upto Rs.5.00 lakh. | Waived on issue of draft of amount upto Rs.10.00 lakh. | |
| Concession in respect of documentation charges for HL/VL* | 50% (Housing loan upto Rs.50 lakh & Car Loan upto Rs.6 lakh)- Concession will be available after maintaining QAB for 2 quarters. | 50% | 75% | 100% | |
| Concession in respect of processing charges/ upfront fee for HL/VL | 50% (Housing loan upto Rs.50 lakh & Car Loan upto Rs.6 lakh)- Concession will be available after maintaining QAB for 2 quarters | 50% | 75% | 100% | |
| WTC (World Travel Card) | Charges for Issuance/Recharge of World Travel Card (If eligible): Nil | ||||
| Demat Account | AMC Free | ||||
| Locker Rent (subject to Availability) | 50% concession in locker rent for first year only (small locker) | Free (Small) | Free (Small/Medium) | Free (Small/Medium/Large) | |
| Credit Card | For New to Bank Customer (NTB): Credit Card facility automatically based on CIBIL records/other due diligence and satisfactory 6 months transactions.For Existing to Bank Customer(ETB): Customer having minimum 6 months of relationship falling under HNI category will be centrally offered by HO: Credit Card Division topmost variant of Credit Card, based on their eligibility and due diligence. | ||||
| Investment options | Avail investment facility through Mutual Funds/ Life Insurance & Health insurance through our channel partners. | ||||
| Debit Card | Exclusive PNB RuPay Select Debit Card*Issuance Charges: Rs. 500/- + taxes (Waived)Annual Maintenance Charges: Rs. 400/- + taxes (Waived)Airport Lounge Access:=> Domestic: 2 visits per quarter=> International: 2 visits per yearat designated lounges updated list of which is available on NPCI websiteAccidental Insurance Cover:Rs. 10 lakhs (other terms & conditions as well as claim process is same as that of existing RuPay Cards as circulated vide HO: DBD circulars issued on the subject from time to time).Offers:Features & BenefitsProgramPartnersSpa ServicesOne Complimentary Spa sessions every year (at any of the select partners)Discount Spa sessions every month(Discount rate varies from partner to partner & is available in RuPay Wellness portal post login).· O2 Spa· Four Fountains· Aroma Thai· KairaliHealth Check UpComplimentary Health Checkup – Once in an year (at any of the select partners)Discounted health checkup facility post utilization of free offer as above (Discount rate varies from partner to partner & is available in RuPay Wellness portal post login).· Thyrocare· SRL Diagnostics | ||||
Apart from the above, the existing offers of Rupay ( as updated from time to time ) would inter-alia will apply for Rupay Select Debit Cards.
* The freebies like Airport lounge access, Accidental insurance cover: Spa services, Health check up are as offered by NPCI and are subject to change along-with terms & conditions.
Other terms and conditions: –
- All other service charges other than the relaxations given above will be levied as per the Bank’s schedule of Service Charges applicable from time to time.
- For new accounts, Concessions/ Freebies will be available till completion of two consecutive quarters and after completion of two consecutive quarters concessions / freebies will be only allowed if the customer has maintained prescribed average balance for the number of days i.e. date of opening of account to the last day of the completion of all two quarters.
- The locker concession will be given at the time of upgradation/ opening of the account in one of the variants of PNB Elite SF Scheme and shall remain available to customers till the next annual rent of locker is due. If the customer loses his entitlement of freebees then the Locker rent as per applicable rate shall be charged when the same falls due.
- The existing HNI customers of PNB Saving Fund Schemes will be given option to upgrade their account under proper variant of PNB Elite SF Scheme. The customers who have maintained desired QAB/ TRV under different variant of PNB Elite Scheme for two consequent quarters shall be eligible. The SMS shall be sent to the eligible customer to visit the branch and give written consent or give consent through IBS/MBS/SMS if they want to change their account scheme to a variant of PNB Elite Saving Fund Scheme.
- Within the PNB Elite Saving Fund Scheme, the variant of the Individual customers account be changed half yearly depending upon QAB/ TRV. However, the Customer shall be informed by SMS about the change in variant of his account. Also, at time of opening of account the customer shall be informed and his acceptance shall be recorded (In physical form & CBS system). The freebies as applicable for a particular variant shall be allowed.
6.No auto down-gradation of account from PNB Elite SF scheme to any other scheme shall be done.