SAVING ACCOUNT
A savings account comes with a passbook. You can receive payments and make payments from your savings accounts. Auto debits and auto credits can be set from your savings accounts. Savings bank account holders can access internet Banking and mobile banking for their needs. Roxyment India Nidhi Limited. Offer ATM cum debit cards to savings account holders. A savings account earns interest rates but allows the customer freedom to withdraw funds at any time. Subject to a limit on monthly withdrawals. It is possible to pay bills from your savings account. RINL. Also, send
transaction alerts to their customers via SMS and email.
Features of Savings Account
| Main Features | Zero Balance | Saving A/C | Flexi Savings | Saving Gold | Saving Diamond | Saving Live |
|---|---|---|---|---|---|---|
| Account Opening | RS.0 | Rs.500 | Rs.1000 | Rs.2000 | Rs.5000 | Rs.10000 |
| avg. to maintain /month | Rs.100 | Rs.500 | Rs.1000 | Rs.2000 | Rs.5000 | Rs.10000 |
| avg. balance charge /month | Rs.90 | Rs.150 | Rs.250 | Rs.350 | Rs.500 | Rs.1000 |
| Rate of Interest | 1.50% | 2.50% | 3.50% | 4.50% | 5.50% | 6.50% |
| Senior Citizen Add-on ROI | 2.50% | 3.50% | 4.50% | 5.50% | 6.50% | 7.50% |
| Interest Payout | Yearly | Quarterly | Quarterly | Quarterly | Quarterly | Quarterly |
| Lock In Amount (if Purchased ATM Card) | Rs.0 | Rs.100 | Rs.150 | Rs.200 | Rs.250 | Rs.300 |
| SMS Charges* | Rs.25 | Rs.20 | Rs.15 | Rs.10 | Rs.0 | Rs.0 |
| Debit / Prepaid Card Charges* | Rs.500 | Rs.400 | Rs.350 | Rs.300 | Rs.250 | Rs.200 |
| Free IFSC Collection per Month | 0 per month | 2 per month | 5 per month | 7 per month | 10 per month | 20 per month |
| Free IMPS/ NEFT Transfers per Month | 0 per month | 2 per month | 5 per month | 7 per month | 10 per month | 20 per month |
| IMPS/ NEFT Single Transaction Limit | Rs.1000 | Rs.5000 | Rs.10000 | Rs.15000 | Rs.20000 | Rs.25000 |
| IMPS/ NEFT Limit (Daily / Weekly / Monthly) | 1K / 3K / 12K | 5K / 20K / 100K | 10K / 40K / 250K | 15K / 60K / 300K | 20K / 80K / 400K | 25K / 100K / 500K |
| Free HDFC Bank ATM Transactions /Month | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
| Free Other Bank ATM Transactions /Month | 0 per month | 2 per month | 5 per month | 7 per month | 9 per month | 12 per month |
| Card Limit POS (Daily / Weekly / Monthly) | 5K / 15K / 60K | 10K / 40K / 120K | 15K / 45K / 125K | 20K / 50K / 135K | 25K / 75K / 150K | 30K / 100K / 250K |
| Card Limit POS-Contact Less (Daily / Weekly / Monthly) | 5K / 15K / 60K | 10K / 40K / 120K | 15K / 45K / 125K | 20K / 50K / 135K | 25K / 75K / 150K | 30K / 100K / 250K |
| Card Limit ECOM / Online (Daily / Weekly / Monthly) | 5K / 15K / 60K | 10K / 40K / 120K | 15K / 45K / 125K | 20K / 50K / 135K | 25K / 75K / 150K | 30K / 100K / 250K |
| Card Limit ATM Withdrawal (Daily / Weekly / Monthly) | 5K / 15K / 60K | 10K / 40K / 120K | 15K / 45K / 125K | 20K / 50K / 135K | 25K / 75K / 150K | 30K / 100K / 250K |
| Door Step Collection | No | Yes | Yes | Yes | Yes | Yes |
| Free Passbook | Yes | Yes | Yes | Yes | Yes | Yes |
| Free Mobile App | Yes | Yes | Yes | Yes | Yes | Yes |
Features & Benefits
Debit Card
- Minimum Balance Withdraw 100Rs.
- Unlimited Transactions without any charges In HDFC Bank Atm Machine in All India.
- SMS Facility.
- Mobile Application Facility.
- Fund Transfer Facility through Roxyment India Application or Any ATM Machine ECOM / POS / NEFT/ RTGS.
- Statement Facility without any charge.
- No TDS Deduction on interest for members (as per current IT act)
Mobile Banking
- Mini-statements and checking of account history
- Alerts on account activity or passing of set thresholds.
- Monitoring of term deposits
- Mobile Application Facility.
- Fund Transfer Facility through Dhanadhip India or NEFT/ RTGS.
- Access to loan statements Access to card statements
- Paying third parties, including bill payments and third-party fund transfers.
NEFT / RTGS - Features & Benefits
- Minimum Balance Transfer 10. RS. & Maximum Transfer Amt 10 Lac Per Day*
- Limited Transactions without any charges*.
- SMS Facility.
- Fund Transfer Facility through Roxyment India Application or NEFT/ RTGS.
- Statement Facility without any charge*.
- No TDS Deduction on interest for members (as per current IT act).
SMS Banking - Features & Benefits
- Account balance enquiry
- Mini statement request
- Electronic bill payment
- Transfers between customer’s own accounts
- Requesting for an ATM card or credit card to be suspended
- De-activating a credit or debit card when it is lost or the PIN is known to be compromised
- Fixed deposit interest rates enquiry
Door Step Collection - Features & Benefits
- Minimum Balance –500.
- Limited Transactions without any charges.
- SMS Facility.
- Mobile Application Facility.
- Fund Transfer Facility through Roxyment India or UPI/NEFT/ RTGS.
- Statement Facility without any charge.
- No TDS Deduction on interest for members (as per current IT act).