By subscribing to this program, you only need to maintain a Family account balance rather than individual account balances. The Family account balance is based on your family type & location, and can be referenced
from the table below:
Urban & Rural) OR Average Quarterly Balance of Rs. 5 lakhs across Savings and Current Account OR TRV of Rs. 15 lakhs across Savings, Current Accounts ,Fixed Deposits and Mutual Fund Investments OR
TRV
of Rs. 50 lakhs across Savings, Current Accounts ,Fixed Deposits, Mutual Fund Investments and Demat Account Holding value
| Family Type | Region | Balance requirement across all family accounts |
|---|
| Prime | Metro/Urban | Monthly Balance of Rs. 25,000 |
|---|
| Semi-Urban | Monthly Balance of Rs. 10,000 |
| Rural | Half Yearly Average Balance of Rs 10,000 |
| Prime Plus | All | Monthly Balance of Rs. 1 Lakh (OR) a Total Relationship Value of Rs.5 Lakhs across Savings account and Fixed Deposits* |
|---|
| Priority | All |
| Burgundy | All | Average Quarterly Balance of Rs.10 lakhs in the Savings Account, OR Average Quarterly Balance of Rs.10 lakhs
across Savings Accounts and Current Accounts, OR Total Relationship Value (TRV)
of Rs.30 lakhs, OR Total Relationship Value (TRV) of Rs.1 crore which includes Demat holding
|
* Only Fixed Deposits with a minimum tenure of 6 months will be considered
Note: In case the Primary member is a Prime Salary, Priority Salary or Burgundy Salary account holder, zero balance facility will be extended to all 3 add-on family accounts.
Zero balance facility for the 3 add-on family accounts will not be applicable, if the primary member ceases to be a salary account holder
