Overview of Indian Bank SB Power Account for Achievers
SB Power Account for Achievers is a Savings Bank Account that can be availed by individuals alone or jointly with others. Young individuals who are self-employed, have regular employment, are professionals or business people may apply for this account.
|Category||SB Power Account for Achievers|
|Minimum Average Balance Requirements (MAB)||Rs.5,000/- (monthly average).|
Services Offered with SB Power Account for Achievers
The following services are provided with Indian Bank Savings Account:
|Accident Insurance cover||The account comes with Personal Accident Insurance cover worth Rs. 1 Lakh (IB CHHATRA). This insurance cover is offered free of charge. It is offered to customer who are a maximum of 70 years old.|
|Remittance||Free remittance up to a maximum of two times in a year within India by any mode. The amount can be a total of Rs.25000/-|
|Cheque book||Personalized cheque book is offered with this account|
|Intra city transactions||No charges for Intra city transactions|
|Maximum amount||There is no upper limit|
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.