Dhanlaxmi Bank offers the Smart Salary Savings Account for employees with salary deposit, providing them free banking services, coupled with secure and convenient features. The account can also be opened by employers.
| Bank | Dhanlaxmi Bank |
| Account Name | Smart Salary Savings Account |
| Category | Savings Account |
| Initial Deposit Requirements | Nil |
| Average Monthly Balance (AMB) | Nil |
| Charges for Account Maintenance | Nil |
| Eligibility | Individuals, societies, associations, trusts or clubs are eligible to apply. The account can also be opened in a minor’s name. |
| Debit Card | Available with Registration Charges |
| Type of Debit Card | Classic Debit Card |
Services and Features of Smart Salary Savings Account
Dhanlaxmi Bank Savings Account provides the following services and features to its customers:
| Cheque Book | Issued for free per quarter (20 leaves) |
| Debit Card limit | Rs.20,000 in a day |
| POS limit | Rs.30,000 in a day |
| NEFT and RTGS Facility | Available – Branch and Internet Banking |
| NEFT and RTGS – Internet Banking | Charges Applicable |
| NEFT (Branch) |
5 NEFT transactions are allowed for free per month, beyond that the following charges are levied per transaction:
|
| RTGS (Branch) |
5 RTGS transactions are allowed for free per month, beyond that the following charges are levied per transaction:
|
| Cash Deposit at Home Branch | No charge |
| Cash Deposit at Non base Branch | Up to Rs.50,000 per day permitted 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. |
| Statement of Account monthly via email | Available |
| Cash/cheque pickup Delivery | Available |
Fees and Charges for Smart Salary Savings Account
Following fees is charged by Dhanlaxmi Bank for offering various banking services to Smart Salary Savings Account holders:
| Penalty for non-maintenance of AMB |
Monthly charges for shortfall in AMB:
|
| PAP Cheque Book | After 20 free cheque leaves every quarter, Rs.2 is charged for every leaf |
| Anywhere Fund Transfer | Free of charge |
| Charge for Issue and Return of Cheque – Financial reasons | Rs.250 for each cheque |
| Charge for Deposited Cheque and Return | Local cheque – Rs.50 Outstation cheque – Rs.150 |
| Cancellation of DD or PO | Rs.50 charged per instrument |
| Cancellation and Re-issue of instrument (Duplicate) | Rs.100 charged per instrument |
| DD and PO at Bank location |
Every month, 2 POs and 2 DDs are provided by the bank for free. Post which, the following charges apply:
|
| DD of Correspondence Banks |
Every month, 2 DDs are offered for free by Dhanlaxmi Bank, Post which, the following fee is charged:
|
| Debit Card Registration Fee | Rs.50 |
| Debit Card Annual Fee | Rs.25 Customers maintaining an AMB of Rs.10,000 can avail an exemption |
| Debit Card ATM pin generation | Free |
| Add-on card charges | Rs.100 for each card |
| Mobile Banking | Free |
| Internet Banking | Free |
| Phone Banking | Free |
| e-mail Alerts | Free |
| SMS Alerts | Rs.30 per quarter exempting the first quarter of account opening |
| E-mail Statement of Account | Free |
| Stop Payment Charges | Cheque leaf – Rs.50 Series – Rs.100 |
| Charges for Delivery or Pick-up of Cash |
Following rates are charged for each pick-up or delivery:
|
| Charges for Cheque Delivery or Pick-up | Rs.50 for each cheque delivery or pick-up |
| Charges for Account Closure | Nil |
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GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.
