Individual, Corporates, Prop. And partnerships (other than Banks)
Initial Deposits
50 lacs
Minimum Avg. Quarterly Balance
35 lacs AQB + Minimum balance of 15 lacs in TDR
Sweep in (Transfer Back to SB/CD A/c from TDR)
Daily
Sweep out (Transfer from SB/CD to TDR)
Daily
Multiple Amount sweep out
15 lacs
Period of Deposit
1 year
Interest Rate
As applicable to deposit of Rs,15.00 lacs & above
Charges of non-maintaining minimum AQB
Rs. 5000/- per quarter +Applicable service tax
The accounts under this scheme shall be available for tierisation and benefits & modalities of respective category of tierised account shall be applicable
