|
Bank |
DCB |
|
Category |
Classic Savings Account |
|
Minimum Balance Requirement |
Average Quarterly Balance (AQB) - Rs 5,000 (Tier 1 branches)/ Rs 2,500 (Tier 2 branches) |
|
Interest Rate |
4% p.a on a half-yearly basis |
|
Card Offered |
ATM Debit Card (Domestic and International) |
Services Offered by DCB Classic Savings Account
|
Internet Banking |
Yes |
|
Mobile Banking |
Yes |
|
Phone Banking |
Yes |
|
Cheque Book |
Yes; 25 leaves per month. Free of charge |
Features of DCB Classic Savings Account
|
ATM Usage |
Unlimited free of charge access to all DCB Bank and Visa ATMs in India (subject to maintenance of AQB of Rs 10,000) |
|
Facility of Online Money Transfer |
Transfer money swiftly and securely via NEFT or RTGS, free of charge. |
|
Any Branch Banking |
Free of charge any branch banking across all DCB bank branches. |
|
Joint Applicant Facility |
Any individual who is above the age of 18 years can be added as a Joint Applicant. |
|
High Daily Transaction Limits |
Enjoy ATM withdrawal limit of Rs 25,000 and POS spending limit of Rs 40,000 per day. |
|
Low Annual Fee |
All you have to pay is a one-time annual fee of Rs 99 for a domestic or international debit. |
|
Free ATM Transactions |
Enjoy up to 5 free ATM transaction at DCB and Visa ATMs. |
Fees & Charges (Standard Charges)
|
Account Opening Amount / Average Quarterly Balance |
Rs 5,000 (Tier I branches) and Rs 2,500 (Tier II branches) |
|
ATM Related Charges |
|
|
Daily ATM Withdrawal Limit |
Rs 25,000 (domestic or International Card) |
|
Card Issuance Fee |
Rs 99 (domestic & international debit card) |
|
Card Replacement Fee |
Rs 99 (Domestic & International Debit Card) |
|
Usage at DCB ATMs |
Free of Charge up to the free limit |
|
Usage at VISA ATMs |
5 Free transactions. Chargeable from 6th transaction onwards. |
|
ATM Usage Fee for Balance Enquiry (Visa ATMs) |
Rs 25 (for International Debit Card) |
|
ATM Usage Fee for Cash Withdrawal (Visa ATMs) |
Rs 125 (International Debit Card) |
|
Clearing Charges |
|
|
Any Branch Banking (Clearing/Outward clearing) |
No charge levied for unlimited number of transactions. |
|
Fund Transfer Charges within DCB Bank |
Free of charge; unlimited transactions. |
|
Charges for Cheque Issued & Returned |
Rs 500 per instrument. |
|
Charges for Cheque Deposited & Returned Unpaid (Local or Outstation Cheque) |
Rs 100 per instrument. |
|
ECS Returns |
Rs 500 per instance. |
|
Cheque Book Related Charges |
|
|
Cheque book charges above free limit |
Rs 2 per leaf (monthly). |
|
Stop Payment Charges |
Rs 50 per cheque (per instance). Maximum of Rs 200 per series. |
|
Charges for Issue of loose Cheque Leaves |
Rs 5 per leaf (per instance) |
|
Remittance Related Charges |
|
|
RTGS (Inward and Outward) |
Free of charge |
|
Pay Orders (Local DD) |
|
|
Free daily limit for non-cash transactions |
None |
|
Charges for DD non-cash transactions above free limit |
Re. 1 for 1000 transactions (Minimum Rs 50; Maximum Rs 3000). |
|
Charges for Cash Transactions |
Rs 300 per instrument. |
|
Demand Drafts (payable at HDFC and DCB branches) |
|
|
Cash Transactions |
Rs 300 per instrument |
|
Free limit for Non cash transactions |
No limit |
|
Charges for transactions beyond the free limit |
Rs 2 per 1000 9min. Rs 50; max Rs 5000) |
|
Demand Drafts (payable at non DCB and HDFC branches) |
|
|
Free limit for non-cash transactions |
Nil |
|
Charges beyond the free limit |
Correspondent bank charges + 0.10% (min Rs 50) / per instrument |
|
Charges for cash transactions |
Correspondent bank charges + Rs 300 / per instrument |
|
Visa Money Transfer |
Rs 25 per transactions per instance. |
|
Demand Draft / Pay Order Cancellation / Revalidation Charges |
Rs 50 per instrument. |
|
Charges for Issue of duplicate Demand Draft or Pay Order |
Rs 50 per instrument per instance. |
|
Cash Related Charges |
|
|
Cash Deposit at any DCB Bank branch |
|
|
Free Limit |
Unlimited free transactions if MAB (monthly average balance) of Rs 25,000 maintained. Otherwise, a total of 5 free transactions are allowed. |
|
Maximum daily limit for third party |
Rs 50,000 |
|
Charges for transactions beyond free limit |
Rs 100 per transaction. |
|
Cash Withdrawal (any DCB branch) |
|
|
Free limit |
Unlimited transactions |
|
Maximum daily limit for third parties |
Rs 50,000 |
|
Penal Charges |
|
|
Charges for Non-maintenance of Balance |
Rs 699 per quarter |
|
Charges for cash transactions at branch |
Free transactions allowed – 3; thereafter a charge of Rs 50 per transaction will be levied on a quarterly basis. |
|
Charges for Cheque book |
Rs 2 per leaf on a quarterly basis. |
|
Miscellaneous |
|
|
Account Closure Charges |
If account is closed within a period of 30 days from the first credit, no charge is levied; If account is closed post 30 days of receiving first credit but within 12 months, then a charge of Rs 250 is levied; If account is closed after a period of 12 months, a charge of Rs 100 is levied. |
|
Scheme Transfer Fee |
Rs 200 / per instance |
|
Photo Attestation |
Rs 50 / per attestation |
|
Signature Verification |
Rs 50 / per document |
|
Standing Instructions Execution |
Rs 25 /per transaction + courier / other charges |
|
Interest Certificate / Balance Confirmation Certificate |
Free for current year certificate; certificates for up to the previous 2 years, a charge of Rs 100 levied. |
|
Charges for a Duplicate Statement |
Rs 25 per page. For statements older than a year, a charge of Rs 100 per page will be levied. |
|
Physical monthly statement |
Rs 200 p.a / annually |
|
Physical statement / quarterly |
Free of charge |
|
Email statement |
Free of charge. |
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