IB Salaam – Special Account for Defence Personnel
TARGET CUSTOMERS | · Personnel-Public Defence service
· Resident Individual. · Minimum 18 years of age. · Serving permanent employee of all defence personnel(Army, Navy, Air force) including BSF, CRPF, CISF, ITBP, Indian Coast Guard and Para Military Personnel. |
NATURE OF OPERATION | · Singly, Jointly, Any one, E or S, Former or survivor. |
INITIAL DEPOSIT | · NIL |
AVERAGE MONTHLY MINIMUM BALANCE | · NIL |
CHARGES FOR NON-MAINTENANCE OF MINIMUM BALANCE | · NIL |
NEFT/RTGS/IMPS | · Free |
NET/MOBILE BANKING | · Free |
TRADING/DEMAT ACCOUNT | · Free Demat Account for first year |
PREFERENTIAL ALLOTTMENT OF LOCKER | · Yes |
RENT ON LOCKER | · 25 % discount on locker rental on lockers of all sizes for locker allotment linked to Salaam Savings Bank account. |
CONCESSIONS IN INTEREST RATE ON RETAIL PRODUCT LOANS | · Available on select products
· Terms and Conditions apply. · The first name should be of IB Salaam Savings Bank account |
EXCLUSIVE PRIVILEGES | · Optional Health Insurance available at concessional rate
· Terms and conditions applies |
SERVICE CHARGES | · All other service charges are as per the service charges notification. |
( Last modified on Oct 05, 2021 at 01:10:45 PM )


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