The savings account of KVB gives you maximum flexibility and advantages for your personal finances. The unique advantages given by KVB saving accounts at minimum cost are given below.
- The SB and Rainbow savings account holders are allowed to withdraw cash up to Rs.25, 000 /- per day from any of our branches.
- The SB Savings account holders are permitted to remit cash up to Rs.50,000/ per month at all our branches other than the base branch at free of cost.
(The limit of Rs. 50,000/- will be reduced to Rs.10,000/- w.e.f. 01/04/2009)
- The SB and Rainbow savings account holders are permitted to deposit their cheques at any of our branches to the credit of their account at the base branch without any charges.
- Visa Debit Cards - Free on issue AMC charges of Rs.75/- p.a. from subsequent year.
- Minimum balance of just Rs.1000/-
- Nomination facility is available
- Free Cheque book if balance of Rs. 10,000/- and above is maintained
- If the balance is less than Rs. 10,000/- free cheque books up to 40 leaves per annum will be issued. Over and above these 40 free leaves, Rs. 2/- per leaf will be collected. (w.e.f 19.05.08)
- One day interest at 15% on the cheque amount subject to a minimum of Rs. 15/- will be charged in case of cheque returns both in inward and outward clearing.
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