Apr 10, 2023

Special Account For Defence Personnel

IB Salaam – Special Account For Defence Personnel

TARGET CUSTOMERS •

Personnel-Public Defence service
• Resident Individual.
• Minimum 18 years of age.
• Serving permanent employee of all defence personnel(Army, Navy, Air force) including BSF, CRPF, CISF, ITBP, Indian Coast Guard and Para Military Personnel.
NATURE OF OPERATION • Singly, Jointly, Any one, E or S, Former or survivor.

INITIAL DEPOSIT • NIL

AVERAGE MONTHLY MINIMUM BALANCE
• NIL
CHARGES FOR NON-MAINTENANCE OF MINIMUM BALANCE • NIL

NEFT/RTGS/IMPS • Free

NET/MOBILE BANKING • Free

TRADING/DEMAT ACCOUNT • Free Demat Account for first year

PREFERENTIAL ALLOTTMENT OF LOCKER • Yes
RENT ON LOCKER • 25 % discount on locker rental on lockers of all sizes for locker allotment linked to Salaam Savings Bank account.

CONCESSIONS IN INTEREST RATE ON RETAIL PRODUCT LOANS • Available on select products
• Terms and Conditions apply.
• The first name should be of IB Salaam Savings Bank account
EXCLUSIVE PRIVILEGES • Optional Health Insurance available at concessional rate

• Terms and conditions applies

SERVICE CHARGES • All other service charges are as per the service charges notification

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