Life Plus Senior Citizen Services FAQs

What are the special privileges of Life Plus Senior Citizen Savings Account?


  • Special Senior Citizens Desk to cater to all banking transactions
  • Special Senior Citizen 'Life Plus' Debit card free of charge
  • Unlimited cash transactions at branch, free of cost
  • Higher interest rates on term deposits
  • Free SMS alert facility

For privilege senior citizen accounts, Click Here.

What are the features of Life Plus Senior Citizen Savings Account?


  • Special Senior Citizen 'Life Plus' Debit card free of charge
  • Unlimited cash transactions at branch, free of cost
  • Higher interest rates on term deposits
  • Money Multiplier Facility
  • Free SMS alert Facility
  • Anywhere Banking
  • Free multi-city chequebook
  • Free Internet Banking and Mobile Banking
  • Free Email Statement facility
  • Standing instructions facility
  • Nomination facility is available

For privilege senior citizen accounts, Click Here.

What is the eligibility criteria for opening Life Plus Senior Citizen Savings Account?


The account is available for Resident Individual (sole or joint account), Foreign national and Hindu undivided family (HUF) customers, above age of 60 years.

What is the minimum balance required to be maintained for Life Plus Senior Citizen Savings Account?


The minimum Monthly Average Balance (MAB) to be maintained in your Life Plus Senior Citizen Savings Account is Rs.5,000.

 

Non-maintenance of MAB in any month will attract a charge as per the following guidelines:

MAB maintained in the accountCharges to be levied
MAB < Rs. 5,000 Rs. 100 per month

Do you have more questions ?


To know more about frequently asked questions, Click Here.