Titanium Privilege Account FAQs

What are special privileges of Titanium Privilege Savings Account?


  • Dedicated service area* at branches
  • Enjoy priority access and priority processing of your requests
  • Privilege benefits available to family members**
  • Free Titanium Privilege Debit Card with exciting offers & Visa Privileges
  • Unlimited cash withdrawal transactions at any bank’s ATM, free of charge
  • Avail 40% discount on annual locker rentals
  • Complete waiver of DD/PO charges
  • Waiver on Trading account opening fee of Rs. 975 and first year Demat Annual Maintenance Charges (AMC) of Rs. 500
  • Free Anywhere banking

*At select branches

 

**Maximum 6 family member’s accounts can be clubbed under family banking

What are the features of Titanium Privilege Savings Account?


  • Free Titanium Privilege Debit Card with exciting offers & Visa Privileges
  • Unlimited cash withdrawal transactions at any bank’s ATM, free of charge
  • Avail 40% discount on annual locker rentals
  • Complete waiver of DD/PO charges
  • Waiver on Trading account opening fee of Rs. 975 and first year Demat Annual Maintenance Charges (AMC) of Rs. 500
  • Complete waiver on DD/PO charges
  • 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 Titanium 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 Titanium Privilege Savings Account?


The minimum Monthly Average Balance (MAB)* required to be maintained for a new Titanium Privilege Account is Rs.1,25,000. Non-maintenance of MAB in any month will attract a charge as per the following guidelines:

MAB maintained in the account*Charges to be levied*
Rs. 50,000 =< MAB < Rs. 1,25,000 Rs. 50 per month
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


Waiver of non-maintenance of MAB charges subject to FD of minimum Rs.6.25 lacs in the same CUST ID.

Non-maintenance of MAB charges are not applicable to Salary customers.

* The above is applicable for customers who have opened a Titanium Privilege Account or upgraded an existing account to a Titanium Privilege Account on or after December 1, 2012.

The minimum Monthly Average Balance (MAB)** required to be maintained for a Titanium Privilege Account is Rs. 75,000. Non-maintenance of MAB in any month will attract a charge as per the following guidelines:

MAB maintained in the account**Charges to be levied**
Rs. 50,000 =< MAB < Rs. 75,000 Rs. 50 per month
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. 3.75 lacs in the same CUST ID.

Non-maintenance of MAB charges is not applicable for Salary customers.

** The above is applicable for customers who have opened a Titanium Privilege Account or upgraded an existing account to a Titanium Privilege Account on or before November 30, 2012.

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


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

 

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