Grouping of accounts FAQs

What is the MAB required to be maintained in grouping of account facility?


  • The MAB required to be maintained by the group as a whole will be a simple addition of MAB requirements of individual accounts.

What charges will be levied if MAB is not maintained at the group level?


  • Accounts which have defaulted in their individual MAB will be charged
  • The charge will be levied to such accounts as per the existing schedule of charges

What are the free limits offered in grouping of accounts facility?


  • Free limits enjoyed by all accounts in the group will be a simple addition of free limits of individual accounts.
  • Unused free limits in one account can be used by another account in the group.

What charges will be levied if transactions exceed the free limits of the group?


  • Accounts which have exceeded their individual free limit will be charged
  • The charge will be levied to such accounts as per the existing schedule of charges

Which Current Account variants can be grouped under this facility?


  • This facility is applicable for Roaming Current Accounts.

Are the benefits of grouping of accounts same for all variants?


  • If variants of Roaming Current Account (except trade) are grouped, the benefit of combined MAB and combined free limit will be given.

Is there any restriction on number of accounts that can be grouped?


  • Any number of accounts can be grouped.