Whoever said wishes don’t come true hasn’t explored our offers!
  • Dhanam Yuvak Savings Account

    Savings Account
    • Instant money transfer
    • 24x7 ATM withdrawals
    • Attractive rate of interest

    The Dhanam Yuvak Savings Account by Dhanlaxmi Bank is exclusively designed for customers in the age group of 18 years to 35 years. This new entry is the latest product for the bright future of youth in the country. This Dhanam savings account comes with superior banking features making it a hassle-free experience.

    Bank Dhanlaxmi Bank
    Account Name Dhanam Yuvak Savings Account
    Category Savings Account
    Initial Deposit Requirements Nil
    Average Monthly Balance (AMB) Rs.1000
    Eligibility Should be a major and within the age group of 18 years to 35 years
    Debit Card Issued for free
    Credit Card Issued for free, based on eligibility
    Type of Debit Card Classic Debit Card

    Services Offered by Dhanam Yuvak Savings Account

    The following services are offered to customers having a Dhanam Yuvak Savings Account:

    Passbook Issued for free
    Cheque Book Issued for free
    Debit Card limit Rs.30,000 in a day
    POS limit Rs.50,000 in a day
    NEFT and RTGS Facility Available – Branch and Internet Banking
    NEFT (Branch) 2 NEFT transactions are allowed for free per month, beyond that the following charges are levied per transaction:
    • Upto Rs.10,000 – Rs.2.50
    • Rs.10,001 to Rs.1,00,000 – Rs.5
    • Rs.1,00,001 to Rs.2,00,000 – Rs.15
    • Above Rs.2,00,000 – Rs25
    RTGS (Branch) 2 RTGS transactions are allowed for free per month, beyond that the following charges are levied per transaction:
    • Upto Rs.2 lakh – Nil
    • Above Rs.2 lakh to Rs.5 lakh – Rs.25
    • Above Rs.5 lakh – Rs.50
    Cash deposit at home branch No charge
    Cash deposit at non base branch Up to Rs.50,000 per day Third party form must be submitted
    Cash withdrawal at non base branch Cash withdrawals of up to Rs.30,000 and POS at Rs.50,000 per day without any charge Third party withdrawal above Rs.50,000 is charged at Rs.1 per 1000.

    Features of Dhanam Yuvak Savings Account

    The key features of Dhanam Yuvak Savings Account are given below:

    Insurance Cover
    • Rs.4 lakh worth accidental death insurance cover without any premium, provided for 1 year.
    • The above feature can be availed only if AMB in the account is maintained at Rs.5000.
    • If minimum AMB is not maintained, the bank deducts a onetime fee of Rs.150.
    Personalised Debit card USP ATM Card which can be personalised with a photo for a onetime cost of Rs.200.
    Project Work at Bank Account holders are given preference for carrying out a project at the bank as a part of education. However, it depends on the availability of seats.

    Fees and Charges for Dhanam Yuvak Savings Account

    Debit Card ATM pin generation Free
    Penalty for not maintaining AMB Depends on the difference between the actual AMB from the required AMB. The charges based on shortfall are:
    • Shortfall of upto 10% - Rs.40
    • Greater than 10% to 30% - Rs.80
    • Greater than 30% to 60% - Rs.120
    • Above 60% - Rs.160
    Add-on card charges Rs.100
    Mobile Banking Free
    Internet Banking Free
    Phone Banking Free
    e-mail Alerts Free
    SMS Alerts 50 paisa for every SMS (Minimum – Rs.5, Maximum – Rs.250 every quarter)
    E-mail statement of account Free
    Stop payment charges Cheque leaf – Rs.50 Series – Rs.100

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.

    Savings Account
    Net Banking
    Mobile Banking
    Savings Account By Top Banks
    Savings Account By Banks
    Loading your search...

    Compare Multiple Savings Accounts. Apply Online and Get e-Approved instantly

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.