Be aware of minimum balance & other maintenance charges to avoid unnecessary penalty. The Monthly Average Balance required to be maintained depends on the account classification as Metro, Urban, Semi-Urban and Rural. Yes No. Check out the fees you need to pay & the charges for maintaining your NRE current account at HDFC Bank. 3,000 in urban branches, Rs. Upload the required documents as specified in the checklist, in jpeg(980x735px) or PDF formats below 1Mb. NRI Priority Salary Account – NRPBS Balance Threshold Requirement Accounts Location / Branch Category Fees in case AMB/TRV not maintained* Net monthly salary credit of minimum Rs. Non-Resident Account-Classic NRE/NRO SB Account; Domestic Account: Lakshmi Mahila, Lakshmi Youth Power, SB Others. No minimum balance to be maintained in the SB accounts The customer will be provided with the account opening Ready Kit at the bank branch. Minimum Balance: Minimum monthly balance requirement is INR 10,000 at account level or INR 25,000 at Customer ID level. * Applicant must be 18 years or older. Overview of Federal Bank Freedom SB Account. Upload a jpeg/jpg file of your signature(s) with a resolution of 980x735px pixels and of size less than 70kb. * Applicant must be 18 years or older. FOR NRI ACCOUNTS As on 01st April, 2018 . * Please keep your reference number ready for use on the next page. Other fee facilities include internet banking, mobile banking, and email alerts. General ... thousand or part thereof, with minimum of Min. With Value-Plus NRE Savings Account you have the freedom to either maintain a minimum Average Quarterly Balance (AQB^) of Rs. Easy balance requirement. Union Bank has a variety of products for your needs. Rs. Hard copy of this application shall be dispatched to* Account Number: Customer Id: Account … 10. HRENI: Some of the main features of the account are mentioned below: The account can be opened by rendering or trading professional services, NGOs, Housing Cooperative Societies, Societies, Clubs, Associations, and Trusts. 500 per month. More than Rs.1 lakh – 4.10%, Up to and including Rs.1 lakh - 2.50% More than Rs.1 lakh - 4.50%, Minimum average monthly balance to be maintained. 1.‘Account holder’ himself or ‘Mandate’ or’ Power of Attorney holder’ 2.Can make payments to all genuine local payments including for eligible investments. What is the best interest rate on a Federal Bank saving account? Most of the Top Banks opt for an Average Quarterly Balance (AQB) or Average Monthly Balance (AMB) to open an NRE/NRO Regular Savings Accounts. 6. GST of 18% is applicable on all banking products and services from July 1, 2017 onwards. Minimum Account Balance to Avoid a Monthly Service Charge. It not only helps you save your money like a regular savings account but also gives you access to a broad range of other services. The free monthly demand draft limit is Rs.50,000. The structuring of Axis NRE Account is such that it is equally suitable for all types of users, be it a student studying abroad, a businessman moving around the globe or a person deputed overseas. You can also invest your hard-earned foreign currency by opening an NRE fixed deposit through online NRI banking facilities. * Details of documents and attestation required for opening the account may be cross checked with the checklist. Delite Savings Account: The main features of the account are mentioned below: The account is available only at Urban and Semi-Urban branches. With effect from April 1, 2015, in the event of a default in maintenance of Average Quarterly Balance (AQB) as agreed to between the Bank and customer for the quarter (referred as 'Default Quarter'), the Bank will notify the customer clearly of the default and that the Average Quarterly Balance for the account has to be met in the subsequent Quarter (referred to as 'Notice Quarter'). For both the NRE and NRO savings bank accounts, the individual will have to maintain a minimum average balance of Rs 3,000 in metros; Rs 2,000 … Of RBI on extension of moratorium 40 cheque leaves are available free of cost from the Bank branch the of. For all Savings Bank ( SB ) accounts foreign currency by opening an NRE fixed deposit through NRI! And Nominee Details in the subsequent stages view facility is available only at Rural branches and.... Selfie and scanned copies of Aadhaar and PAN cards to begin saving through the various privileges of Value-Plus... 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