IND Premium – NRE Savings Bank Account

True to its name, a truly premium savings account for Nonresidents.

Privileges

• International and Domestic airport lounge access
• Air accident death/Perm. disability Insurance cover
• Reward Points on debit card spends
• Loyalty offers/discounts/ tap to pay facility
• Higher Shopping limit and Daily domestic ATM withdrawal limit
• Free Cheque Book issuance
• Free Debit Card
• No AMC on Debit Card
• No charges on DD/NEFT/IMPS/RTGS
• Free Collection of cheques
• Rebate on locker rent
• Concession in Processing Fee on Home Loan and Vehicle Loan

Criteria/Fund Stipulation – Three options to choose from.

AMB in SB NRE in Rs. 2,00,000

(Or)

AMB in SB Rs. 1,00,000 + Term Deposit  Rs. 10 Lakh

(Or)

AMB in SB Rs. 50,000 + Term Deposit Rs. 25 Lakh

Terms and Conditions:

• Maintenance of AMB (Average Monthly Balance) / Term Deposit as per option chosen: While the Term Deposit criterion is to be met at and from the time of onboarding itself, the requisite AMB in SB is to be built up within 3 months of onboarding. Post 3 months, if required AMB is not built up, a service charge of Rs.1000/- per month will be collected from IND Premium accounts
• Service charges, other than referred to above, will be as per the schedule of service charges as applicable from time to time.