Catering to the need of salaried employees, ABN AMRO Bank has rolled out the Incentive Savings Account. The ABN AMRO Incentive is a zero-balance savings account and customers are granted a free credit card along with an add-on card when opening the account.
In addition, employees are granted a debit card which is free for the first year. In short, the ABN AMRO Incentiv savings account comes with all the benefits of a savings account and more.
Citizens of India that are 18 years and above are eligible for the ABN AMRO Incentive savings account.
For salaried employees holding the ABN AMRO Incentiv savings account, listed below are the fees and charges that come with the account.
Category | Fees and charges |
Overdraft interest | Salaried employees can avail the overdraft facility at an interest of just 1.5% per month - that's Rs.150 for a sum of Rs.10,000. Customers taking home a salary of just Rs.10,000 can pay the interest of the overdraft facility in the following month. |
Cash withdrawal at ATMs in India | All cash withdrawals from UTI ATMs are completely free. |
Debit card fees | For the first of enrollment, the debit card is completely free. |
Cheque book fees | Free |
No, the ABN AMRO Incentiv savings account caters only to salaried employees.
The ABN AMRO Incentiv savings account comes with an interest rate of 3.5%.
No, they are not. However, parents or guardians can open the ABN AMRO Incentiv savings account on their behalf.
You can make payments from your ABN AMRO Incentiv netbanking account towards your credit card but you cannot link it.
You can make payments through your ABN AMRO Incentiv net banking account.
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.