Dhanlaxmi Bank offers a savings account that doubles up as a term deposit as well. With the benefits of both term deposit and a savings bank account. This Dhanlaxmi Bank Savings Account offers flexible features and is convenient to operate.
Features of the Dhanam + and ++ Savings Account
|Average Monthly Balance||Rs.5000 (Subsequent multiples of Rs.1000)|
|Eligibility||Any individual can apply for this account|
|Cheque Book/Certificate of deposit account||With savings bank account (For free)|
|Premature Closure||Flexible term deposits with interest reduction|
|Minimum Withdrawal by Cheque||Rs.500 (Excess amount rounded off to the nearest Rs.100)|
|Minimum Remittance Amount||Rs.500 (Fixed Deposit) – Excess amount rounded to the nearest Rs.100|
|Interest||Prevailing term deposit rates of 46 or 91 days No interest, if deposit is closed in a span of 15 days from the first investment|
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.