व्यावसायिक बचत खाता

Eligibility Criteria 

• Any individual who is associated with professional associations listed under the bank.
• Such professional associations must have an agreement with the Bank after which the accounts of associated members can be opened under this product.

Features of Professional Saving Account (PSA)

• Minimum Balance: Zero.
• Debit Card: Free for 1^st Year, 50% of STC from 2^nd Year onward.
• Mobile & Internet Banking: Free for 1^st Year, 50% of STC from 2^nd Year onward
• Demat and Meroshare: Free Demat and Meroshare account opening. Charges will be applicable as per STC from 2^nd Year onwards.
• Locker Service : 50% of annual locker charge. Locker margin 100% of STC.
• Credit Card: Free for Joining fee and Free for 1^st Year and 50% of STC from 2^nd Year onward on Credit Card Annual Charge.
• Professional Loan : Up to 15 Lakhs.
• Insurance Coverage : Total Insurance Coverage of 12 Lakh*
  • Accidental Death & PTD: 10 Lakhs for account holder
  • Critical Illness: Coverage of NRP 1 Lakh
  • Medical Insurance: Up to NPR 1 Lakh
• *Conditions applied

Below listed Professional Association members (tie-ups with Kumari Bank) are only eligible to open account into this scheme.