Saving Account Details

Feature Of PNB Elite Saving Fund Schemes

  • Variants
  • Other terms and condition
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 account

SF 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 lakh

or

TRV > 25.00 lakhs upto 50.00 lakhs

SF QAB Rs.10.00 lakh and above and less than Rs.15.00 lakh

or

TRV > 50.00 lakhs upto 100.00 lakhs

SF QAB Rs.15.00 lakh and above

or

TRV > 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All freebies will be withdrawn and the customer will be informed through SMS.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For non-maintenance of desired QAB, freebies will be withdrawn and the customer will be informed through SMS.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 year

at designated lounges updated list of which is available on NPCI website

Accidental 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 & Benefits

Program

Partners

Spa Services

One 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

· Kairali

Health Check Up

Complimentary 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.

  • 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.