Current Account

Eligibility

Individuals, Joint accounts (not more than 4), Proprietary concerns, Partnership firms, HUF, Public and Private Limited Companies, Limited Liability Partnership, Registered or Unregistered Societies or Associations, Trust/Provident Fund, Executors and Administrators, Govt./Semi Govt. Dept, Taluk /District Boards, Charitable & Religious Institutions etc.,

  • Minimum Balance
  • Periodicity of deposit
  • Interest
  • Charges
  • TDS
  • Nomination Facility
  • Other facilities

Minimum Balance

Minimum Balance

Average monthly balance Rs 5000/-.

Periodicity of deposit

Periodicity of deposit

Running (Operative) Account

Interest

Interest

No interest is paid. However in the event of death of depositor in case of individual A/cs, Joint A/cs, Sole Proprietorship A/cs - interest at SB rate will be paid from the death of death of the A/c holder till the date of settlement.

Charges

Charges

Minimum balance charges, Cheque Book Issue Charges, Ledger Folio Charges SMS Charges, ATM Card Charges, Standing Instructions etc. as per the guidelines advised from time to time.

TDS

TDS

Not applicable. However, customer should declare at the time of filing the IT returns.

Nomination facility

Nomination facility

Available for Individual Accounts, Joint Accounts, Sole Proprietorship Accounts.
Not available for all other type of Non-Individual A/cs.

Cheque Book

Cheque Book

Available for all Current A/cs.

Other facilities

ATM cum Debit Card for individuals and proprietary concern, Pass Sheet, Standing Instructions, Collection of local and outstation Cheques etc.

*All other Terms & Conditions Applied. For more information please contact our Branch nearest to you.

Elite

Eligibility

Individuals, Joint accounts (not more than 4), Proprietary concerns, Partnership firms, HUF, Public and Private Limited Companies, Limited Liability Partnership, Registered or Unregistered Societies or Associations, Trust/Provident Fund, Executors and Administrators, Govt./Semi Govt. Dept, Taluk /District Boards, Charitable & Religious Institutions etc.,

  • Minimum Balance
  • Periodicity of deposit
  • Interest
  • Charges
  • TDS
  • Nomination Facility
  • Other facilities

Minimum Balance

Minimum Balance

Minimum monthly average balance ₹ 5 Lakhs

Periodicity of deposit

Periodicity of deposit

Running (Operative) Account

Interest

Interest

No interest is paid. However in the event of death of depositor in case of individual A/cs, Joint A/cs, Sole Proprietorship A/cs - interest at SB rate will be paid from the death of death of the A/c holder till the date of settlement.

Charges

Charges

Minimum balance charges, Cheque Book Issue Charges, Ledger Folio Charges SMS Charges, ATM Card Charges, Standing Instructions etc. as per the guidelines advised from time to time. If minimum balance is not maintained for more than three months the concessions will be withdrawn. Minimum balance charges of ₹ 200/- Per Month.

TDS

TDS

Not applicable. However, customer should declare at the time of filing the IT returns.

Nomination facility

Nomination facility

Available for Individual Accounts, Joint Accounts, Sole Proprietorship Accounts. Not available for all other type of Non-Individual A/cs.

Cheque Book

Cheque Book

Available for all Current A/cs.

Other facilities

  • 500 Cheque leaves free in a calender year,
  • NEFT/RTGS - Charges Free
  • Demand Draft - Free
  • No Cash handling charges shall collected for cash remittance up to ₹ 10 Lakhs per day across all branches
  • for more details please contact your nearest KGB branch.

Prime

Eligibility

Individuals, Joint accounts (not more than 4), Proprietary concerns, Partnership firms, HUF, Public and Private Limited Companies, Limited Liability Partnership, Registered or Unregistered Societies or Associations, Trust/Provident Fund, Executors and Administrators, Govt./Semi Govt. Dept, Taluk /District Boards, Charitable & Religious Institutions etc.,

  • Minimum Balance
  • Periodicity of deposit
  • Interest
  • Charges
  • TDS
  • Nomination Facility
  • Other facilities

Minimum Balance

Minimum Balance

Minimum monthly average balance ₹ 2 Lakhs

Periodicity of deposit

Periodicity of deposit

Running (Operative) Account

Interest

Interest

No interest is paid. However in the event of death of depositor in case of individual A/cs, Joint A/cs, Sole Proprietorship A/cs - interest at SB rate will be paid from the death of death of the A/c holder till the date of settlement.

Charges

Charges

If minimum balance is not maintained for more than three months the concessions will be withdrawn. Minimum balance charges of ₹ 200/- Per Month. ₹1000 per account closing charges + penalty and applicable service charges.

TDS

TDS

Not applicable. However, customer should declare at the time of filing the IT returns.

Nomination facility

Nomination facility

Available for Individual Accounts, Joint Accounts, Sole Proprietorship Accounts. Not available for all other type of Non-Individual A/cs.

Cheque Book

Cheque Book

Available for all Current A/cs.

Other facilities

  • 300 Cheque leaves free in a calender year,
  • NEFT, RTGS, Net Banking, Mobile Banking, Whats app Banking, Merchant App, UPI SMS - Waived
  • Demand Draft - 12 occasions (1per month during Financial Year)
  • Cash handling charges upto ₹ 5 Lakhs per day in home Branches is free and up to ₹ 3 lakhs per day in non-home branches.
  • for more details please contact your nearest KGB branch.