Gold Privilege Account FAQs

What are special privileges of Gold Privilege Savings Account?


  • Dedicated service area* at branches
  • Enjoy priority access and priority processing of your requests
  • Free Gold Privilege Debit Card with exciting offers & Visa Privileges
  • Unlimited cash withdrawal transactions at any bank’s ATM, free of charge
  • Avail 20% discount on annual locker rentals
  • Waiver on Trading account opening fee of Rs. 975 and first year Demat Annual Maintenance Charges (AMC) of Rs. 500
  • Waiver of DD/PO charges of up to Rs. 1.5 lac per day
  • Free Anywhere banking

*At select branches

What are the features of Gold Privilege Savings Account?


  • Free Gold Privilege Debit Card with exciting offers & Visa Privileges
  • Unlimited cash withdrawal transactions at any bank’s ATM, free of charge
  • Avail 20% discount on annual locker rentals
  • Waiver on Trading account opening fee of Rs. 975 and first year Demat Annual Maintenance Charges (AMC) of Rs. 500
  • Waiver of DD/PO charges of up to Rs. 1.5 lac per day
  • Free Anywhere Banking
  • Money Multiplier Facility
  • Free multi-city chequebook
  • Free Internet Banking and Mobile Banking
  • Free Email Statement facility
  • Standing instructions facility

What is the eligibility criteria for opening Gold Privilege Savings Account?


The account is available for Resident Individual (sole or joint account), Foreign national and Hindu undivided family (HUF) customers, above age of 18 years.

 

This account is also available for minor customers below 18 years and Senior citizen customers who have completed 60 years.

What is the minimum balance required to be maintained for Gold Privilege Savings Account?


The minimum Monthly Average Balance (MAB) required to be maintained for a Gold Privilege Account is Rs. 50,000. Non-maintenance of MAB in any month will attract a charge* as per the following guidelines:

MAB maintained in the accountCharges to be levied*
Rs. 25,000 =< MAB < Rs. 50,000 Rs. 100 per month
Rs. 10,000 =< MAB < Rs. 25,000 Rs. 175 per month
Rs. 5,000 =< MAB < Rs. 10,000 Rs. 250 per month
MAB < Rs. 5,000/- Rs. 350 per month

*Non-maintenance of MAB charges waived off subject to FD of min Rs.2.5 lacs in the same CUST ID

 

*The above is applicable for customers who have opened or upgraded to Gold Privilege Banking account on or after August 21, 2008. Non-maintenance of MAB charges not applicable to Salary customers

What are the fees and charges of Gold Privilege Savings Account?


To know about service charges of Gold Privilege Savings Account, Click Here.

 

ONLY CHARGES w.r.t. Gold Privilege Savings Account to be included.

Do you have more questions ?


To know more about frequently asked questions, Click Here.