Premium Savings Bank Account Scheme | Jammu and Kashmir J&K Bank

Title of the Scheme

J&K Bank Premium Savings Bank Account Scheme

FEATURES & BENEFITS

Average Monthly Balance (AMB)
Rs.1,00,000.00 (Rupees One Lac)
AMB Non-Maintenance Charges Per Month : Rs.10.00 per Rs.1000.00 or part thereof of the shortfall in AMB plus applicable GST.

Cash Withdrawal at B/U
5 Withdrawals Per Month: Free.
Thereafter Rs.20.00 shall be charged per Cash Withdrawal.

Cash Deposit Charges

Base Business Unit : Nil
(Non-Base Business Unit): Up to Rs.2.00 lacs / Day: Free.

Thereafter normal service charges shall be recovered.'

Debit Card Issuance Charges(Gold Debit Card)
Gold Debit Card
- First Instant / Personalized Card: Free
- Rs.150.00 plus GST for Duplicate Card Issuance.

Gold Debit Card Annual / Renewal Fee : NIL

Daily Gold Debit Card transaction limits:
1. Cash Withdrawal: Rs.75,000/- (Rupees Seventy Five Thousand) per day.
2. POS / Merchant Usage: Rs.1,50,000/- (Rupees One Lac Fifty Thousand) per day.

Gold Debit Card Usage Charges
15 Transactions / Month: Free (ON-US usage)
5 Transactions / Month: Free (OFF-US usage)
Thereafter normal service charges shall be recovered.

Credit Card
- Platinum Credit Card with limit up to Rs.3,00,000/- (Rupees Three Lacs) subject to eligibility.
- Credit Card Issuance Charges : Nil

Locker Rent
50% Rebate on rent of One Small Size Locker for the FIRST YEAR only.
(Subject to availability of Lockers).

Remittances through RTGS / NEFT: FREE

Cheque Book : 200 leaves per annum: Free.
Thereafter normal service charges shall be recovered.

Demand Drafts: For amounts up to Rs.30 Lacs per month: Free
Thereafter normal service charges shall be recovered.

Payment Orders: 25 Payment Orders per annum: Free
Thereafter normal service charges shall be recovered.

Cheque Collection: Commission /Charges : Nil
(Postal charges to be recovered)

SMS / Email Alerts: SMS Alerts: Free
Combined Monthly Statement of Account through Email: Free

Insurance Cover: Free Accidental Insurance Cover of Rs.5.00 Lacs (Rupees Five Lacs only).