Elite Savings Account

Catering to the special requirements of our customers with first-rate services. The Elite Savings Account allows you to deposit, transfer and withdraw from any of our branches. This account can be maintained with an average monthly balance of Rs. 5,000/-

Eligibility:

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

Minimum balance:

Initial deposit for opening the account is Rs.5000/-
Average monthly balance to be maintained is Rs. 5000/- (All branches).

Rate of Interest:

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

Free Personal Accident Cover of Rs. 2 lacs:

First year free
2nd year onwards Rs.26/- inclusive of applicable Tax

Special facilities/features:

100 personalized cheque leaves free in a financial year. thereafter Rs 5 /-per cheque leaf.
4 DD/PO free on Saraswat Bank locations in a financial year.
Online Internet Banking, Mobile Banking Facility is free.
No charges applicable on NEFT/RTGS at Branch & Online Transaction.
Demat account : Initial 2 years no AMC charges.
AMC waiver for first 3 years on Rupay/Visa debit cards.
No Cash handling Charges at home and non-home branch. (T&C apply)*

Service charges -

ATM transactions

Saraswat Bank ATM - First 10 financial transactions per month are free. Thereafter Rs 10/- + GST per financial
transaction. Non-Financial ATM transactions are free.
Other Bank ATM - Free 5 transactions per month. Thereafter Rs 21/- + GST per financial transaction and Rs 10/- + GST
per for non-financial transaction will be chargeable.