Titanium Privilege Account - Eligibility

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.

Monthly Average Balance (MAB) requirement

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. 100 per month
Rs. 25,000 =< MAB < Rs. 50,000 Rs. 150 per month
Rs. 10,000 =< MAB < Rs. 25,000 Rs. 250 per month
Rs. 5,000 =< MAB < Rs. 10,000 Rs. 350 per month
MAB < Rs. 5,000 Rs. 450 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. 100 per month
Rs. 25,000 =< MAB < Rs. 50,000 Rs. 150 per month
Rs. 10,000 =< MAB < Rs. 25,000 Rs. 250 per month
Rs. 5,000 =< MAB < Rs. 10,000 Rs. 350 per month
MAB < Rs. 5,000 Rs. 450 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.