राष्ट्रीय टोल फ्री नंबर
Motor Accident Claim Tribunal (MACT) Savings Bank Account
Motor Accident Claim Tribunal (MACT) Savings Bank Account
| SCHEME DETAIL | · Special scheme formulated for disbursement of compensation to the victims of the Road Accidents. |
| TARGET CUSTOMERS | · Individuals including Minors (through guardian) in their single name |
| NATURE OF OPERATION | · Only through withdrawal slip or through Bio-Metric authentication |
| MODE OF OPERATION | · Only single operation
· In case of minor accounts, the operations will be by guardian |
| KYC REQUIREMENT | · As applicable to Normal Savings Bank account |
| AVERAGE MONTHLY MINIMUM BALANCE | NIL |
| CHARGES FOR NON-MAINTENANCE OF MINIMUM BALANCE | NIL |
| CHEQUE BOOK / DEBIT CARD/ ATM CARD / WELCOME KIT / INTERNET BANKING / MOBILE BANKING FACILITY | · By default, these facilities are not offered.
· Bank shall make an endorsement on the passbook of the claimant(s) to the effect that no cheque book and /or debit card have been issued and shall not be issued without the permission of the Court. · These facilities will be provided with the permission of the court only. |
| CONVERSION OF ACCOUNT | · Only new accounts will be allowed to be opened under this product.
· Conversion from existing SB account to this product and vice versa is not permitted. |
| SMS ALERT | · Mandatory SMS Free |
| PLACE OF OPENING | · The product is offered at all branches of the Bank.
· However, as per the directions of the Court, the account should be opened only at the branch nearest to the place of residence of the Claimants. |
| ACCOUNT TRANSFER | · Not allowed without the permission of the Court. |
| NOMINATION | · Available |
| PASS BOOK | · Available |
| RATE OF INTEREST | · As applicable to regular SB accounts |
| STATEMENT BY EMAIL | · Available |
| OTHER CONDITIONS | · A suitable certificate /undertaking that “funds are being withdrawn for the benefit of Minor” to be obtained from the guardian, in case of withdrawal from the Minor’s account.
· The operations in the account should be stopped in the event of the death of the guardian · Compliance of KYC guidelines to be meticulously ensured. · Debit card / cheque book / Welcome kit / Internet banking facility / mobile banking facility to be provided only with the permission of the court. |
( अंतिम संशोधन Nov 01, 2021 at 06:11:23 PM )
