Instantaneous Account Opening through Aadhaar-based authentication.
Free banking transactions
Get convenient doorstep services and free transactions across all services.
Seamless Fund Transfer
Transactions at your fingertips through Internet and mobile Banking
Average monthly balance
Maintain an Average Monthly Balance of INR 1,00,000/-*.
*For Average monthly balance waiver fixed Deposit of INR 4 Lakh or above to be maintained
About Priority Plus Savings Account
Enjoy hassle-free doorstep services and free transactions across all the services
Average monthly balance of INR 1,00,000
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FAQs
Q1. What is the Eligibility Criteria to open a Priority Plus Savings Account?
Saving Accounts can be opened either as single holder or joint holder saving deposit or for entities
Single holder deposits: Individuals or entities as per KYC policy of the bank
Resident individuals above 18 years of age
Minors of any age provided the account is opened through his/her natural or legally appointed
guardian. Entities: As per the entities defined in bank’s KYC policy
Joint holder deposits
Jointly by 2 or more individuals or entities and any combination as mentioned in the bank’s KYC policy
In exchange for this payout, the policyholder makes regular premium payments to the insurance company.
Q2. What is the Average Monthly Balance Requirement?
The average monthly balance is INR 1,00,000/-
Q3. What are the ATM transaction limits?
15 free transactions per month across all Fincare and other bank ATMs.
Q4. What documentation do I require?
As per KYC norms of the bank. For account opening, an Aadhar and PAN card would suffice.
Q5. What is the frequency of Interest Payout?
Interest will be accrued on a daily basis based on end of day balances and credited to customer savings account at the end of every month.