Product Details
- Minimum AMB of Rs. 5000/=
- Free cash withdrawals over the counter: 04 withdrawals per month.
- Eligible for Platinum Debit card with daily cash withdrawal limit of Rs.75, 000/ per day & POS / Merchant Usage of Rs.3, 00,000/- per day, plus 2 Airport longue access per quarter.
- Free e-banking / m-banking facility.
- Interest is calculated on the daily product basis and compounded quarterly.
- 20 Cheque leaves free per year.
- Nomination facility available.
Eligibility
- Resident Individuals (sole or joint account)
- Hindu Undivided Families.
- Minors above the age of 10 years are eligible to open self operated minor account and an ATM/Debit card can be issued to the Minor.
Documentation
- Application Form duly filled in
- Photograph of depositor/s (2 copies)
- Officially Valid Documents as per KYC Norms
- PAN Card or Form 60 or 61
- Any other related document applicable to Minors, etc.
FAQ's
- Who can open a Deluxe Savings Account with J&K Bank?
Deluxe Savings account can be opened by individuals, either singly or jointly, Parents/ Guardians on behalf of minors, literate minors above 10 years who can sign regularly, and organizations, entities, etc allowed by RBI. - What is the minimum Average Monthly Balance required to be maintained?
Minimum AMB is Rs. 5000/= - What are the benefits of the Deluxe Savings Account?
- Free cash withdrawals over the counter: 04 withdrawals per month.
- Eligible for Platinum Debit card with daily cash withdrawal limit of Rs.75, 000/ per day & POS / Merchant Usage of Rs.3, 00,000/- per day, plus 2 Airport longue access per quarter.
- Free e-banking / m-banking facility.
- 20 Cheque leaves free per year.
