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Normal Current Deposit Scheme
 
Name of Scheme Current Account (normal)
Scheme available at branch In all Branches
Eligible
  • Individual - Single Accounts
  • Two or more individuals - Joint Accounts
  • Sole Proprietory Concerns
  • Partnership Firms
  • Illiterate Persons
  • Blind Persons
  • Minors
  • Limited Companies
  • Associations, Clubs, Societies, etc.
  • Trusts
  • Joint Hindu families (accounts of non-trading nature only)
  • Municipalities
  • Government and Quasi-Government Bodies
  • Panchayats
  • Religious Institutions
  • Educational Institutions (including Universities)
  • Charitable Institutions
Initial Deposits and AQB Rs.5000/-
Minmum balance Same as above
Incentives Free Global Debit cum ATM card to Individuals and Prop(Annual Charges applicable from next year ).
SMS/phone/Internet banking free.
Free NEFT/RTGS through internet Banking.
From any branch max. cash withdrawal through cheque:50000/-, upto 25000/- per day free. Beyond Rs.25000/- charges - Rs.2/- per thousand and cash deposits. Inter-sol fund transfer to third party’s a/c is free upto Rs 1 lac per occasion per day.
BOI-National Swasthya Bima Yojana floter mediclaim policy and domestic travel Ins policy of NICL available at concessional rate of premium to individuals.
 
 
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Normal Current Deposit Scheme