Current Account Schemes at Vijaya Bank

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Current Account Schemes at Vijaya Bank
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Current Account

• A current account is mainly meant for
  professionals and businessmen who have higher
  number of transactions on a per day basis.
• It is is also known as Demand Deposit Account.
• In general, there is no limit on the transactions
  that can be performed through a current account.
• This account is also suitable for making payments
  to creditors by using cheques.

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Current Account at Vijaya Bank

• Who can open a Current account
• An individual/HUF, a partnership firm, a company,
  a trust, a local body, Govt. department with all
  the necessary prescribed documents.
• Know Your Customer (KYC) norms
• Prospective account holders should comply with
  the Know Your Customer (KYC) norms and should
  produce the necessary documents to support the
  address identity of the user.
• The prospective account holder should be
  introduced by a third party acceptable by the
  bank.
• Charges levied on Non-maintenance
• When below minimum balance
• Rs.392 per month for non-individuals.
• Rs.196 per month for individuals in rural area.
• Rs.258 per month for individuals who live in
  non-rural areas.

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Current Account Schemes at
Vijaya Bank

• Current Account Ordinary
• Current Account Silver
• Current Account Gold
• Current Account Platinum
• V Plus Current Account

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Current Account Ordinary

• This account can be opened by individuals, joint
  names, partnerships, trusts, companies.
• Minimum Balance
• Rs.3,000 in urban / metropolitan branches.
• Rs.2,000 in other centers
• Know Your Customer (KYC) Norms
• Same as mentioned under Current Account at
  Vijaya Bank above.

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Current Account Silver

• Minimum average quarterly balance is Rs.1,00,000
  and 50 concession is offered on various service
  charges.
• Some of the benefits of current account silver
  are

Sl.No Particulars SIlver Benefits

1 Fund Transfer NEFT/RTGS transactions 50 Discount
2 Cash remittance Limit Free
3 Credit Card Free
4 Mobile Banking Charges Free
5 Net Banking Charges Free
6 Personalized ATM Card Free
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Current Account Gold

• Minimum average quarterly balance is Rs.2,00,000
  and 75 concession is offered on various service
  charges.
• Some of the benefits of Current Account Gold
  are

Sl.No Particulars Gold Benefits

1 Cheque book charges 75 Discount
2 Cash remittance Limit Free
3 Credit Card Free
4 Demand Draft Charges 75 Discount
5 Mobile Banking Charges Free
6 Net Banking Charges Free
7 ATM Card Cash withdrawal Limit Upto Rs.50,000/-
8 Personalized ATM Card Free
9 Demat Account Charges Free
10 Cash handling charges Free
This facility not available at Petrol pumps,
Restaurants, Wine-shops, Amusement Parks and
other heavy cash depositing accounts.
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Current Account Platinum

• Minimum average quarterly balance is Rs.3,00,000
  and 100 concession is offered on various service
  charges.
• Some of them are

Sl.No Particulars Gold Benefits

1 Cheque book charges Free
2 Cash remittance Limit Free
3 Credit Card Free
4 Demand Draft Charges Free
5 Mobile Banking Charges Free
6 Net Banking Charges Free
7 ATM Card Cash withdrawal Limit Upto Rs.50,000/-
8 Personalized ATM Card Free
9 Demat Account Charges Free
10 Cash handling charges Free
This facility not available at Petrol pumps,
Restaurants, Wine-shops, Amusement Parks and
other heavy cash depositing accounts.
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V Plus Current Account

• Under this scheme, the minimum balance required
  is Rs. 5,00,000/-
• Excess amount above the minimum balance (Rs.
  5,00,000/-) will be transferred to term deposit
  in multiples of Rs. 1,00,000.
• Sweeping of balance happens on every Saturday.
• If in case the balance of this account remains
  less than the minimum balance, ie s. 5,00,000/-
  for 3 months, then this account will be
  transferred to Current account, after closing all
  V-Plus Term Deposits linked to the account.

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VIJAYA BANK

• Vijaya Bank is a PAN India Institution, serving
  diverse sectors of the society
• The Bank offers a bouquet of innovative and
  attractive products and services to its
  customers. It has also incorporated a host of
  latest Digital Banking products, to provide the
  best services to its customers.
• Digital Banking services are
• VPAYQWIK
• Mobile Banking
• Net Banking
• Vijaya UPI
• Twitter banking and many more
• For details, visit https//www.vijayabank.com

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THANK-YOU