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    RevisedTransactionFees PDF

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    Anonymous WXWQqaOn
    Beginning April 1st, 2019, the monthly cash transaction free limits and account closure fees will change for premium savings accounts. For priority customers, the new limit will be 10 free transactions or Rs. 10 lac, whichever is reached first, with fees of Rs. 5 per Rs. 1000 or Rs. 150 charged beyond that. For burgundy customers, the new limit will be 15 free transactions or Rs. 20 lac, whichever is first, with the same fees beyond that. The account closure fee of Rs. 500 will now apply if an account is closed within 1 year instead of 6 months.

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    RevisedTransactionFees PDF

    Uploaded by

    Anonymous WXWQqaOn
    15 views1 page
    Beginning April 1st, 2019, the monthly cash transaction free limits and account closure fees will change for premium savings accounts. For priority customers, the new limit will be 10 free transactions or Rs. 10 lac, whichever is reached first, with fees of Rs. 5 per Rs. 1000 or Rs. 150 charged beyond that. For burgundy customers, the new limit will be 15 free transactions or Rs. 20 lac, whichever is first, with the same fees beyond that. The account closure fee of Rs. 500 will now apply if an account is closed within 1 year instead of 6 months.

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    Beginning April 1st, 2019, the monthly cash transaction free limits and account closure fees will change for premium savings accounts. For priority customers, the new limit will be 10 free transactions or Rs. 10 lac, whichever is reached first, with fees of Rs. 5 per Rs. 1000 or Rs. 150 charged beyond that. For burgundy customers, the new limit will be 15 free transactions or Rs. 20 lac, whichever is first, with the same fees beyond that. The account closure fee of Rs. 500 will now apply if an account is closed within 1 year instead of 6 months.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    15 views1 page

    RevisedTransactionFees PDF

    Uploaded by

    Anonymous WXWQqaOn
    Beginning April 1st, 2019, the monthly cash transaction free limits and account closure fees will change for premium savings accounts. For priority customers, the new limit will be 10 free transactions or Rs. 10 lac, whichever is reached first, with fees of Rs. 5 per Rs. 1000 or Rs. 150 charged beyond that. For burgundy customers, the new limit will be 15 free transactions or Rs. 20 lac, whichever is first, with the same fees beyond that. The account closure fee of Rs. 500 will now apply if an account is closed within 1 year instead of 6 months.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Revision of Cash transaction Free Limits and account closure fees

    applicability for Premium Savings Accounts

    W.e.f. 1st Apr’19, monthly Cash transaction free limits and account closure fees applicability
    for Priority & Burgundy (NR, Savings and Salary schemes) is being revised:

    Cash transaction free limits

    Fee For Priority Customers For Burgundy Customers

    Existing free
    Unlimited Free Unlimited Free
    limit

    Revised
    10 free transactions or Rs. 10
    Free limit 15 free transactions or Rs. 20 lac,
    lac, whichever is breached
    (w.e.f 1st whichever is breached earlier
    earlier
    Apr’19)

    Charges Rs.5 per Rs.1000 or Rs.150, Rs.5 per Rs.1000 or Rs.150, whichever is
    beyond free whichever is higher higher
    limit

    Account closure fees applicability

    Fee Account Closure Fee

    a) Rs.500 per instance


    Existing
    b) Applicable if account is closed between 14 days and 6 months

    a) Rs.500 per instance


    Revised
    b) Applicable if account is closed between 14 days and 1 year

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