Eligibility :

Any resident individual - single accounts, two or more individuals in joint accounts, illiterate persons, blind persons, pardanashin ladies, associations, clubs, societies, etc. Trusts, institutions/agencies specifically permitted by the RBI are eligible to open a “Naini Saving Platinum Account " in single/joint name/s. Minor accounts cannot be opened in this scheme.

Salient Features :

1. Earn higher interest through a sweep unit in your account.
2. Duplicate passbook at no cost.
3. Get a Hundred percent discount on PO/DD/MT facility.
4. Avail RTGS/NEFT facility without any charges.
5. No penal charges in case of liquidation of the sweep unit before maturity.
6. Free ATM card.
7. Fifty percent discount in Locker charges

Terms and Conditions:

1. Minimum Balance of Rs.2,00,000/- will be required to be maintained.
2. Sweep unit will be for a fixed amount of Rs. 50,000/-.
3. If balance in the current account goes below Rs.2,00,000/- then the last sweep out unit will be liquidated in the current account.
4. Period is will be 90 days for the sweep out unit.
5. The Bank requires a satisfactory introduction of the person/s opening the account by a person acceptable to the Bank.The Bank is required to obtain two recent photographs of the person/s opening /operating the account, as per RBI directives.
6. Minimum balance as stipulated from time to time will be required to be maintained.