Elite Gold Savings Account

Eligibility

1. Individuals (singly or jointly)
2. Minor by guardian
3. Organizations
4. Co-op societies (Registered under Society Registration Act, 1860)

Minimum balance:

1. Initial deposit for opening the account Rs.50,000/- (Urban branches) and Rs. 25,000/- (Rural branches)
2. Average monthly balance to be maintained Rs.50,000/- (Urban branches) and Rs. 25,000/- (Rural branches).

Rate of Interest:

3% p.a. w.e.f. 1st June 2020

Special facilities/features:

1. Free Personal Accident Death Cover of Rs.10.00 lacs for 5 years thereafter Premium Rs.120/- p.a.
2. Free Tap Card Key Chain.
3. Free AMC waiver on Rupay/Visa debit Card.
4. Unlimited number of personalized cheque leaves are free.
5. Free DDs/POs is free on Saraswat Bank locations in a financial year.
6. Demat account: No Annual Maintenance Charges.
7. Sweep In Sweep Out Facility is Available
8. Internet Banking, Mobile Banking facility is free
9. Free monthly statements on registered email ID.
10. No charges applicable on NEFT/RTGS at Branch & Online Transaction
11. 50% Discount on processing fee on Retail loans ( T&C Apply).
12. Concession on International remittances /TC issue / Currency Issue (T&C Apply) 
13. No Cash handling Charges at home and non-home branch. (T&C apply)*

Service charges -

1. ATM transactions: Free Cash withdrawal / Balance enquiry at Saraswat bank ATM or at any other bank ATM.
2. Non-maintenance of minimum AMB: Rs.500/- per month (proportionate to shortfall)

1. Account closure charges:

     Within 14 days – No penal charges
     Above 14 days up to 1 year – Rs.850/- + GST

Documents:

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