Service Charge For New NR Savings Account
Product Type | KVB NRO Select SB Account | KVB NRE Select SB Account | KVB NRE Primo SB Account | KVB NRE Prestige SB Account |
---|---|---|---|---|
Monthly Average Balance | Rs 10,000/- | Rs 10,000/= | Rs.25,000/-. | Rs.1,00,000/- |
Cash remittance at base branch | Rs. 8 Lakhs per month. Beyond that, Rs. 3/- per Rs. 1,000/- Min - Rs. 15/- | Free of charges upto Rs.10.00 lakh per month Thereafter charges applicable as per service charges tariff. | Free of charges upto Rs.15.00 lakh per month Thereafter charges applicable as per service charges tariff. | Free |
Cash remittance at non-base branch | Rs. 8 Lakhs per month. Beyond that, Rs. 3/- per Rs. 1,000/- Min - Rs. 15/- | Free of charges upto Rs.10.00 lakh per month Thereafter charges applicable as per service charges tariff. | Free of charges upto Rs.15.00 lakh per month Thereafter charges applicable as per service charges tariff. | Free |
Cash withdrawal at base branch | Free without any limit (Self Cheque).Rs. 50,000/- per day per party (Third Party cheque). | Free | Free without any limit (Self Cheque).Rs. 2,00,000/- per day per party (Third Party cheque). | |
Cash withdrawal at non-base branch | Free without any limit (Self Cheque).Rs. 50,000/- per day - per party (Third Party cheque). | Free without any limit (Self Cheque).Rs. 2,00,000/- per day per party (Third Party cheque). | ||
Cheque book | Free cheque leaves of 100 per annum. Thereafter, Rs.3/- per cheque leaf. | Unlimited Free Personalized at par cheques | ||
Issue of demand drafts / pay orders | Free DD / PO Per Month upto Rs.3 Lakh Post these limits (Rs.3 / 1000 (Min 30/-) and Max Rs.15000/-) | Nil Charges | Unlimited DD / PO Free | |
IB & MB facility | Free | |||
NEFT transactions | Unlimited Free NEFT both at Branch & Online | |||
RTGS transactions | Unlimited Free RTGS both at Branch & Online | |||
IMPS Transaction | Unlimited Free IMPS both at Branch & Online | |||
Demat Account Opening | As per Schedule of Charges | No account opening fee | Free , AMC Charges Waived | |
E Statement | Free Online E Statement , Monthly Auto E Statement Free | Free, as per requirement | ||
Physical Statement | Branch - Rs 100/- & Rs 75/- through Phone Banking | Nil Charges | Free once in a quarter | Free, as per requirement |
Outstation cheque collection | Free | |||
Personalized banking services | NA | 25% Concession in Processing charges for Retail Loan accounts | Dedicated RM | |
ATM Access | KVB ATMs Other Bank ATMs - Unlimited transactions Free Rs.25/- (incl.GST) per transaction (Financial & Rs 20/- Non-Financial Txns) | Unlimited free transactions on KVB as well as non KVB Bank ATMs | ||
Non-maintenance charges | 6% of the shortfall in required AMB per month (Max upto Rs.600/-) | In case of not meeting the above criteria, NMC will be applicable at 6% of shortfall from the Savings Balance Requirement with Max Cap of INR. 600/- | ||
Folio Charges | NA | Free | ||
Account Closure Charges | Rs.300/-Charges are levied if account is closed between 14 days and 1 year. No charges would be levied if account is closed within 14 days of account opening or after 1 year | Rs.500/-Charges are levied if account is closed between 14 days and 1 year. No charges would be levied if account is closed within 14 days of account opening or after 1 year | ||
Stop Payment Instruction Charges | Rs 50/- for a Instrument , Rs 175/- for a series of instrument Stop Payment ECS -Rs.100 | Nil for a Instrument , Rs.175/- for a series of Instrument | Nil | |
Cheque Collection – Inward / Outward | 1st Return – Rs 50 2nd Return onwards – Rs 100 | Upto & Including Rs. 5000/- Rs 20/- Above Rs. 5000/- & upto & including Rs. 10000/- - Rs 40/- Above Rs. 10000/- & upto & including Rs. 100000/- - Rs 50/- Above Rs. 100000/- - Rs 100/- | 1st Return – Rs 50 2nd Return onwards – Rs 100 | |
Cheque Collection – Inward / Outward - Return Charges | 350 for first return in a month thereafter 750 for each additional return in the same month | 350 for first return in a month thereafter 750 for each additional return in the same month | ₹ 300 for first time and ₹ 500 for second time onwards | 350 for first return in a month thereafter 750 for each additional return in the same month |
ECS & NACH Mandate Charges | ECS /NACH Registration - Free ECS / NACH Credit Returns - Free ECS /NACH Return Rs.350/- for first return in a month thereafter 750 for each additional return in the same month | |||
Debit Card Variant | Visa Platinum Chip with NFS | VISA Platinum / Master Platinum | VISA Signature / Master World Chip with NFS | VISA Infinite / Master World Elite Chip with NFS |
Debit Card Issuance Fee | Free | |||
Add On / Reissuance Card Fee | Rs 200/- | Free | ||
Annual Maintanance Fee | Rs 250/- | AMC of Rs 2000/- waived | ||
ATM withdrawal limit | Rs 50,000/- | Rs 75,000/- | Rs 1,00,000/- | Rs 1,00,000/- |
POS Limit | Rs 1,00,000/- | Rs 2,00,000/- | Rs 4,00,000/- | Rs.5,00,000/- |
Airport lounge access | NA | 1 per quarter | 2 per quarter | 4 Per Quarter |
KVB Reward Points | > 1 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- | > 1.5 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- | > 3 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- | |
PA Cover | NA | NA | Rs 500000 | Rs 500000 |
Air Accident Cover | NA | NA | Rs 2500000 | Rs 5000000 |
Lost Baggage | NA | Rs 5000 | Rs 10000 | Rs 10000 |
Lost Card liability | Rs 100000 | Rs 200000 | Rs 500000 | Rs 600000 |
Purchase protection | Rs 100000 | Rs 200000 | Rs 400000 | Rs 500000 |
Discount on Locker Rentals | NA | NA | > 30% Discount on Locker rentals first Year only | > 40% Discount on Locker rentals first Year only |
Lifestyle & Alliance partners offers | NA | As per Payment Network Provider | Mention Card Offers | > Exclusive lifestyle & Engagement privileges through brands / alliance partners |
Foreign Currency Outward Remittances by WIRE / TT / SWIFT | Rs.500/- | Rs.500/- | Rs.75/- | Free |
Foreign Currency Outward Remittances by DD | Rs.125/- | Rs.125/- | Rs.125/- | Free |
Foreign Currency inward Remittances by WIRE | Nil | Free | Free | Free |
Foreign Currency inward Remittances by Instrument Collection | Rs. 500/- Cheque Collection Courier & Handling Charges - Rs 50 Correspondent Drawee Bank Charges - Cash Letter Scheme - Nil Direct Credit Scheme - On Actuals as charges by Correspondent / Drawee Bank | Rs. 500/- Cheque Collection Cash Letter Scheme - Nil Direct Credit Scheme - On Actuals as charges by Correspondent / Drawee Bank | Rs. 500/- Cheque Collection Cash Letter Scheme - Nil Final Credit Scheme - $40/- Direct Credit Scheme - On Actuals as charges by Correspondent / Drawee Bank |