Saving Bank Account for Pensioners under the scheme code SB-121 is fundamentally designed for individuals who are receiving pension through Bank of India irrespective of any age group.
Features
| Eligibility | Individual(singly or jointly) with spouse and with the operational instruction either/survivor or former/survivor. |
| Average Quarterly Balance | Nil |
| Minimum Daily Balance | Nil |
| Non-maintenance Charges | No penalty |
| Cheque Book Facility | Available, upto 50 cheque leaves free. |
| DD/PaySlip | 6 DD/PaySlip per quarter for free |
| Demat Account | Waiver at AMC Charges on Demat Account for first financial year is free. |
| Insurance Cover | You get the benefit of Group Personal Accident Insurance Cover up to Rs 5 lacs on the debit card which is activated with just one POS swipe. This is applied to every year. |
| Overdraft Facility | Available, for maximum amount eqaul to 2 months of the pension amount in their Saving Bank account upon the fulfillment of terms and conditions stipulated by the bank. |
| Special Privileges | · Get to enjoy Discounted Health Checkup through Partnership.
· This privilege could be relished by all the account holders and the members of the family under collaboration with service provider Jainam Wellness Limited (Plan My Health). |
| Nomination Facility | Available, as per the norms of the bank. |
Get more Details about Saving Account Schemes
Bank of India Star Suraksha SB Plus Account
BOI Star Senior Citizen Saving Bank Account
