SAVING ACCOUNT DETAIL
Premium Savings Account
Highlights
Bank Syndicate Bank
Category Regular
Minimum AQB
(Average Quarterly Balance)
Rs.10000
Interest Rate 4%
Card Offered ATM cum Debit Card
ATM Cards
Membership fees Nil
Annual fee Nil
Renewal charges Nil
Late payment charges not applicable
Interest charges not applicable
Replacement charges Rs.100/-
Transaction charges for partner banks Rs.10/- per transaction
Transaction charges for non-partner banks Rs.50/- per transaction
CBS Branch same charges applicable
Main Features
  • The Bank has introduced a Premium Savings Account at e-banking branches that combines full safety, easy liquidity and highest possible interest.
  • A unique 'Sweep out, Sweep in' facility offered at our e-banking branches ensures that while the customer's money earns solid interest as a fixed deposit, it turns liquid to meet his urgent needs. That too at no extra cost.
  • Average monthly balance of Rs.10000/-to be maintained in the Premium Savings Account.
  • Balance available in the account in excess of Rs.10000/-on any day gets automatically swept out into a fixed deposit for 180 days in units of Rs.1000/-.
  • In the event of shortfall in SB for meeting your clearing cheques or for other urgent needs, the fixed deposit is swept back into the Premium Savings Account in required number of units of Rs. 1000/- free of cost.
  • No penalty is charged for breaking the fixed deposit prematurely. However, the amount swept out earns interest for the period run at the applicable rate.
  • Even while breaking the fixed deposit, only the most recently converted fixed deposit is first broken to minimize interest loss to the customer.
  • Only those amounts swept out of your Premium Savings Account are eligible for sweep in and not other fixed deposits.
  • When fixed deposits mature at the end of 180 days, the Bank will renew the principal every 180 days while crediting the interest to the savings account. Rs.100/-per month is levied as service charges whenever the monthly average balance in the Premium Savings Account goes below Rs.10000/-
 Fees & charges
 Services & Features
Show All Saving Accounts

ACCOUNTS BY BANKS
ABN AMRO
Allahabad Bank
Amanath Co-operative Bank Ltd.
Andhra Bank
Andhra Pradesh Mahesh Co-Op Urban Bank Ltd.
AXIS BANK
Bank of Baroda
Bank of India
Bank of Maharashtra
Bhartiya Mahila Bank
Bombay Mercantile Co-operative Bank Limited
Canara Bank
Catholic Syrian Bank
Central Bank of India
Centurion Bank of Punjab
Citi Bank
City Union Bank Ltd.
Coastal Local Area Bank Ltd
Corporation Bank
Dena Bank
Deutsche Bank
Development Credit Bank Ltd.
Dhanlaxmi Bank
Dombivli Nagari Sahakari Bank Ltd.
Federal Bank
HDFC Bank
HSBC Bank
ICICI Bank
IDBI Bank
Indian Bank
Indian Overseas Bank
IndusInd Bank
ING Vysya Bank
Jammu & Kashmir Bank
Janakalyan Sahakari Bank Ltd
Karnataka bank
Karur Vysya Bank
Kotak Mahindra Bank
NKGSB CO-OP Bank LTD.
Nutan Nagarik Sahakari Bank Limited
Oriental Bank of Commerce
Punjab & Sind Bank
Punjab National Bank
Rajkot Nagarik Sahakari Bank Ltd.
Repco Bank
Royal Bank of Scotland
Rupee Co-op. Bank Ltd.
South Indian Bank
Standard Chartered Bank
State Bank of Bikaner and Jaipur
State Bank of Hyderabad
State Bank of India
State Bank of Mysore
State Bank of Patiala
State Bank of Travancore
Syndicate Bank
Tamilnad Mercantile Bank Ltd
The Greater Bombay Co-operative Bank Ltd
The Haryana State Cooperative Apex Bank Ltd
THE HP State Co-operative Bank Ltd.
The Karad Urban CO-OP Bank Ltd
The Lakshmi Vilas Bank Limited
The Ratnakar Bank Ltd.
The Saraswat Coop Bank Ltd
The Surat People’s Cooperative bank
The Thane Janata Sahakari Bank Ltd
UCO bank
Union Bank of India
United Bank of India
Vijaya Bank
YES Bank

COMPARE QUICKLY
 Select a product:
 


CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Your dream car - with good Car Loans from...
Credit card finance charges in India: A...
Recurring deposit facility by IDBI Bank
Need of Financial inclusion: making the...
Financial planning: a tool to retire...