S.B. – SOULABHYA
Features, Privileges and Charges
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Eligibility |
Any Resident Indian aged
more than 18 years |
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Minimum Balance required to be maintained |
Daily Minimum Balance of
Rs.25,000/- |
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Privileges/Facilities
and Service Charges: ATM Transaction
charges: - |
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For ATM Transactions Done in: |
Financial [FT] |
Non Fin. [NFT] |
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Bank’s
own ATMs |
Free of
charge |
Free of
charge |
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ATMs in any
Shared Network – Domestic |
Free of charge |
Rs.15/- per NFT |
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ATM transactions
outside the country |
Charges as
specified^ by the Bank |
Charges as specified^ by
the Bank |
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Other facilities / Services: - |
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Anywhere Cash Withdrawals – i.e. at any branch other
than the base branch – for self withdrawals only – maximum Rs.50,000/- per
day |
First
one withdrawal per month free of charge. All further withdrawals charged
@Rs.2 per Rs.1000/- or part thereof – subject to a minimum of Rs.25/- per
withdrawal. |
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Anywhere cash deposit – i.e. at any non-base branch for
credit of the account at base branch with pay in challen signed by the constituent
– maximum Rs.50000/- per day |
First
one credit transaction per month free of charge. For further credits, charges
@Rs.2/- per Rs.1000/- with a minimum of Rs.25/- per transaction |
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Pass Book /
Statement of Account |
Pass
Book or monthly physical statement free of charge |
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Debit Card # |
Issued free of charge |
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Internet Banking
‘MoneyclickTM’ # |
Registration:
Free of charge. Online, intra-bank, funds transfer [maximum Rs.100000/- per
day] free of charge. Facilities, as available in ‘MoneyclickTM’
for online bills’ payments/online ticket booking will be without loading our
Bank commission. Online Inter-Bank fund transfers and other services will be
charged at the rates specified^ |
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Mobile Banking
(SMS alerts only) # |
Free
of charge |
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Demat A/c # |
A/c opening charges: Nil. Annual Account Maintenance
Charges (AMC) for the first financial year waived. Future years’ AMC @
charges as specified^ by the Bank. |
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Cheque Books |
Free
of charge |
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Cheque
collection charges – for instruments payable at other than the base branch location
‘clearing’ |
Per
month, collection of first one instrument of value up to Rs.50000/- free of charge.
Each further collection is charged @ Rs.3/-per Rs.1000/- with min of Rs.25/- |
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Multi City
Cheque # |
Per
month first one transaction of value up to Rs.25000/ is free of charge. Each
further transaction is charged @Rs.2/- per Rs.1000/- with a minimum of Rs.25/- |
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Charges for non
maintenance of minimum balance |
Rs.500/-
per month. |
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^ May be ascertained from
the branch where you maintain the account/our website www.karnatakabank.com # These facilities are
available on request and upon complying with the requirements & documentation.
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1.
Savings
Bank Account should be used to route transactions of
non-business/non-commercial nature only. In the event of occurrence of such transactions
that are of business/commercial in nature or any such transactions that may be
construed as dubious or undesirable, the Bank reserves the right to
unilaterally freeze operations in such accounts.
2.
Number
of debit transactions in SB account should not exceed 50 in one half year. As
such debit transactions over and above 9 in a month or 50 in one half year will
attract transaction charge @Rs.25/-per transaction which will be in addition to
the service charges as above.
3.
All
other rules whatsoever, governing ‘Savings Bank Account’ shall apply.
4.
Minimum
Balance means the daily closing balance in the account on clear fund basis.
5.
Base
branch means the branch at which the account is maintained.
6.
Charges
for any other service/s not mentioned above will be as specified^ by the Bank.
7.
All
charges are excluding Service Tax, Surcharge, Cess, postage, other Bank’s
charges if any, etc.
8.
All
charges are subject to change.