1. What is the difference between Super Chamatkarik Sworojgar Bachat Khata (SCSBK) and Chamatkarik Sworojgar Bachat Khata(CSBK)?

The Super Chamatkarik Sworojgar Bachat Khata differs from Chamatkarik Sworojgar Bachat Khata in terms of Insurance coverage.

2. What type of account it is?

It is a saving nature account with interest rate of 6.5% p.a. which is subject to change as per management decision time to time.

3. What is the minimum balance to be held in the account?

The minimum Balance to be held in the account is NIL.

4. Who can open this account?

Self-employed people of all age group and any income level can open this account. And either of the spouse can open account and enjoy all facilities available under this scheme irrespective of registered name in proprietorship/organization owned by them based on the relationship certificate.

5. Whether Joint Account can be opened under SCSBK?

No.

6. What are the various features of account?

Basis

Features*

Target Customer

Self-employed.

Either of the spouse can open account and enjoy all facilities available under this scheme irrespective of registered name in proprietorship/organization owned by them based on the relationship certificate.

Minimum Balance

Zero

Interest Rate

6.50% p.a. (Interest Rate is subject to change as per management decision time to time)

Internet Banking

Free for First Year

Mobile Banking

Free for First Year

Debit Card

Free for First Year

Credit Card Issuance Fee

Free Joining and issuance fee for first year

Demat Account

Free account opening and 1st year account operating fee free

C-ASBA Registration/ Mero Share

Facility Available

Accidental Death/Permanent Disability Insurance

5 times of Monthly average balance or Rs. 15 lakhs whichever is lower

Annual Locker Charges [Subject to Availability]

50% discount on annual charges (For 1st Year Only)

Inward Remittance Charge

Free

ABBS Charge

Free

Balance certificate issuance fee

Free once a year

POS Installation Charge

Free

ATM Cash withdrawal/Balance Enquiry

No charge for withdrawal and balance enquiry from other Bank’s ATM terminal

Distinguished Features :


Credit Card Facility

As per PPG on Retail Loans

Business Loan Facility

Available

Retail Loans at subsidized rate

BR+ Upto 3%

Discount in Loan Administrative Fee

Upto 25 Basis Point

Missed Called Banking

Yes

Online Fixed Deposit Account Opening Facility

Yes

Recurring Deposit Account Opening Facility

Yes

Rebate on purchase and premium on sell of FCY

10 paisa

International Debit Card

50% discount on issuance fee

Other

Privilege service facility available.

Mandatory Copy of PAN Card Required

Loan Swap Facility Available

7. Is discount on locker rent available?

Yes. 50% discount on annual locker rent for 1st year.

8. What are the documents required for this account opening?

Copy of PAN, Copy of citizenship certificate, Two passport size photos

9. Whether Medical insurance is available under SCBBK?

No.

10. Whether critical illness insurance coverage is available under SCBBK?

No.

11. What is extra facility only provided in this account?

POS installation is free.