- Instant money transfer
- 24x7 ATM withdrawals
- Attractive rate of interest
Highlights
|
Bank |
DCB |
|
Category |
Family Savings Account |
|
MinimumBalance Requirement |
Average Quarterly Balance (AQB) – Rs. 1, 00, 000 at group level |
|
Interest Rate |
4% per annum, paid in September and March |
|
Card Offered |
ATM Debit Card (Domestic and International) |
Services Offered with DCB Bank Family Savings Account
|
Internet Banking |
Yes |
|
Mobile Banking |
Yes |
|
Phone Banking |
Yes |
|
Cheque Book |
Yes, 25 leaves every month, free of charge. |
Features of DCB Family Savings Account
|
ATM Usage |
Unlimited access to DCB Bank and Visa ATMs in India free of charge (on maintenance of Rs. 1, 00, 000 AQB) ) |
|
Online Money Transfer |
Transfer money within the country securely through RTGS services, at no cost. |
|
Any Branch Banking |
Free banking across any DCB Bank branches in India. |
|
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. 1, 00,000 and POS spending limit of Rs. 1, 50, 000 per day. |
|
Low Annual Fee |
Rs. 150 for domestic and Rs. 199 for international cards. |
|
Free ATM Transactions |
Enjoy up to 5 free ATM transaction at DCB and Visa ATMs. |
Fees & Charges (Standard Charges) of DCB Family Savings Account
|
Account Opening Amount / Average Quarterly Balance |
Rs. 1, 00, 000 at group level |
|
ATM Related Charges |
|
|
Daily ATM Withdrawal Limit |
Rs. 1, 00, 000 (domestic and international card) |
|
Annual Card Fee |
Rs. 150 for domestic and Rs. 199 for international debit card |
|
Card Replacement Fee |
Rs. 150 for domestic and Rs. 199 for international (Debit Card) |
|
Usage at DCB ATMs |
No charge |
|
Usage at domestic VISA ATMs |
No charge |
|
Charge for use at VISA ATMs (Balance Inquiry) |
Rs 25 (for International Debit Card) |
|
Charge for use at VISA ATMs (Cash Withdrawals) |
Rs 125 (International Debit Card) |
|
Clearing Charges |
|
|
ECS Returns |
Rs 500 per instrument. |
|
Fund Transfer within DCB Bank Charges |
Free of cost for unlimited number of transactions |
|
Any Branch Banking (Clearing/Outward clearing) |
Free of cost for unlimited transactions |
|
Charges for outstation cheques deposited and returned |
Rs 100 per instrument. |
|
Charges for local cheques deposited and returned |
No charge |
|
Charges for cheques Issued & Returned |
Rs 500 per instrument. |
|
Cheque Book Related Charges |
|
|
Cheque book charges above free limit |
Rs 2 for each leaf for each instance. |
|
Stop Payment |
Rs 50 per cheque (per instance). Maximum of Rs 200 in a series. |
|
Loose Cheque Leaves issue |
Rs 5 for each leaf for each instance. |
|
Remittance Related Charges |
|
|
RTGS (Inward and Outward) |
No charge |
|
Pay Orders (Local DD) |
|
|
Daily limit on non-cash free transactions |
None. Unlimited transactions. |
|
Charges for Cash Transactions |
Rs 300 per instrument. |
|
Demand Drafts (payable at HDFC and DCB branches) |
|
|
Non cash transactions (free limit) |
Rs. 1 lakh a day |
|
Cash Transactions |
Rs. 300 per instrument |
|
Charge on transactions above free limit |
Rs 2 per 1000. (minimum-Rs. 50 & maximum Rs. 3, 000) |
|
Demand Drafts (payable at non DCB and HDFC branches) |
|
|
Non-cash transactions (free limit) |
Rs. 1 lakh a day |
|
Above free limit charges |
Rs. 2 per 1000. (minimum- Rs. 50, maximum Rs. 5, 000) |
|
Cash transaction charges |
Rs. 300 (for each instrument) |
|
Visa Money Transfer |
Rs. 25 for each transaction. |
|
Revalidation/ Pay Order/ Demand Draft charges |
Rs. 50 per instrument. |
|
Duplicate Demand Draft or Pay Order issue charge |
Rs 50 for each instrument. |
|
Cash Related Charges |
|
|
For Cash Deposit (at DCB Bank branches) |
|
|
Free Limit |
If Monthly Average Balance (MAB) is maintained, unlimited free transactions. If not, 5 free transactions per month. |
|
Maximum daily limit for third party |
Rs 50,000 |
|
Transaction charges above free limit (above 5 transactions) |
Rs 100 per transaction. |
|
Cash Withdrawal (any DCB branch) |
|
|
Free limit |
Unlimited |
|
3rd party maximum daily limit |
Rs 50,000 |
|
Penal Charges |
|
|
Non-maintenance of quarterly balance |
Below Rs. 1 lakh to Rs. 50, 000- Rs. 299 Below Rs. 50, 000 to Rs. 25, 000- Rs. 399 Below Rs. 25, 000 to Rs. 10, 000- Rs. 599 Below Rs. 10, 000- Rs. 999 |
|
VISA ATM transaction charges |
5 free transactions. 6th transaction onwards- Rs. 18 per financial transaction; Rs. 7.50 per non-financial transaction. |
|
Miscellaneous |
|
|
Duplicate statement charges |
Free of cost |
|
Monthly/ quarterly physical statement |
Free of cost |
|
Monthly email statement |
Free of cost |
|
Confirmation of Balance certificate and Interest certificate |
Free of cost |
|
Execution of standing instructions |
Free of cost |
|
Setting up standing instructions |
Free of cost |
|
Charges to Transfer Scheme |
Rs. 199 |
|
Closure of Account |
Closure within 30 days of first credit- Free Closure after 30 days but within 6 months of first credit- Rs. 250 Closure after 6 months- Free |
|
Photo attestation |
Rs. 50 for each instance |
|
Verification of signature |
Rs. 50 for each instance |
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.
