Elite Silver Savings Account

With Saraswat Bank, be rest assured as your funds are in safe hands and your investments are growing. Along with this, enjoy unrestricted access to your account with the best-in-class premium service. This account can be maintained with an average monthly balance of Rs. 25,000/- (Urban branches) and Rs. 15,000/- (Rural branches).

Eligibility:

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

Minimum AMB :

Initial deposit for opening the account is Rs.25,000/- (Urban branches) & Rs. 15000/- (Rural branches).
Average monthly balance to be maintained is Rs.25,000/- (Urban branches) & Rs. 15000/- (Rural branches).

Rate of Interest:

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

Special facilities/features:

Free Personal Accident Death Cover of Rs.5.00 lacs for 5 years thereafter Premium Rs. 60/- p.a.
Tap card Key Chain: 50% discount on applicable charges.
200 cheque leaves are free every financial year, thereafter Rs.5/- per cheque leaf.
12 DDs/POs are free at Saraswat Bank locations in a financial year.
Free AMC waiver for first 5 years on Debit Card Issuance.
Demat account: Initial 5 years no AMC charges.
Internet Banking, Mobile Banking facility is free.
Free monthly statement on registered email ID.
No charges applicable on NEFT/RTGS at Branch & Online Transaction.
25% Discount on processing fees on Retail Loans.
Concession on International remittances/TC issue/ Currency issue (T&C apply) to finalize with IBD
No Cash handling Charges at home and non-home branch. (T&C apply)*

Service charges -

ATM transactions

Saraswat Bank ATM - Free First 15 financial transactions per month . Thereafter Rs 10/- + GST per financial transaction.
Non Financial ATM transactions are free.
Other Bank ATM - Free First 5 transactions per month. Thereafter Rs 21/- + GST per transaction and Rs 10/- + GST per
for non-financial transaction will be chargeable.