PNB Bank offers Saving Fund Account for woman at higher rate of interest on deposits, You can check eligibility, features, rates & minimum deposit amount with other important information.
Features (PNB Saving Fund Account for woman)
| Eligibility | A woman who is a resident individual can open Saving Account under this scheme. There is a facility for a joint opening of the account but the first name should be a woman. |
| Sweep Facility | Depends on an individual if the customer wants the sweep facility or not. Available |
| QAB(Minimum Quarterly Average Balance) | For Rural it is Rs 500 For urban and other sit is Rs 1000 |
| Initial Deposit | Rs 500 |
| Charges for not maintaining QAB | There are applicable charges for not maintaining QAB. |
| Cheque Book | You receive 40 cheque leaves per half year. |
| NEFT Charges | Free |
| Demand Draft | Issue of Demand Draft is free per month up to Rs 10,000 |
| Relaxation in margin and interest in loan account | As applicable |
| Discount in De-mat Account Fee | 25% |
| Issue of Statement | Free |
| Issuance of Debit Card | Platinum Debit Card |
| Domestic cash ATM withdrawal per day | Rs 50,000 |
| Domestic Shopping limit POS per day | Rs 1.25 lac |
| Free Accidental death insurance cover | Rs 2 lacs Rs 5 lacs |
| SMS alert charge | Free |
Terms and Condition
The insurance claim of Rs 5.00 lac is relevant for the following points :
- if the Minimum Quarterly Average Balance (QAB) in the bank account is equal to or is Rs 25000 during the last calendar quarter.
- Within 90 days an account holder must make a minimum transaction on POS/E-Com.
- As per the extant guidelines the Platinum Card should be used within 45 days. If the customer choose to have Classic Debit Card then the Personnel Accident Insurance shall be limited to Rs 1.00 lac.
- Any customer who is holding the Platinum Card and has used it within 45 days but either of the first two condition is not fulfilled then the insurance is limited to Rs 2.00 lacs.