FAMILY SAVINGS ACCOUNT “SBI RISHTEY”: PRODUCT FEATURES

Particulars Key Features (Existing) Features Revised

Family member of Gold and No Change
above variant Salary Package
1 Eligibility customers. are eligible for
opening / Converting their
account under SBI Rishtey.
Parents, Siblings, Spouse and No Change
Children (Declaration as per
Included family Annexure - II from primary
2
Members customer to be obtained for
ensuring relationship of family
member)
Maximum 4 (Four) individual No Change
Number of family
accounts can be linked to
Savings Accounts
3 Family Savings Accounts (SBI
allowed with a Salary
Rishtey) with primary Salary
Package Customer.
Account holder’s Account
4 Minimum Balance Nil No Change
Minimum Average Nil (No penalty for non- No Change
5
Balance (MAB) maintenance of MAB)
6 Debit Card Available Classic Debit Card
Debit Card - Issuance No Change
7 Nil
Charges
Debit Card – Annual As applicable to Regular Waived
8
Maintenance Charges Savings Bank Account
25 Cheque leaves in a Cheque Leaf charges: NIL (except for
Financial Year (As applicable bulk requirement i.e., in excess of 25
9 Multi City Cheque
to Regular Savings Bank cheque leaves at a single instance or in
Accounts) a month)
Online Channel: Free No Change
Offline Channel: As applicable
10 NEFT/RTGS
to Regular Savings Bank
Account
Demand Draft Issuance Waived if issued by debit to No Change
11
Charges Family Savings Account
12 Auto Sweep Facility Available No Change
13 SMS Alerts Free No Change
As per Regular Savings Bank 10% concession on Annual Locker
14 Annual Locker Rental
Account Rental
Free transaction on As per Regular Savings Bank Unlimited free transaction of SBI as
15
ATM Account well as other banks’ ATM
Up to Rs5.00 lacs
(Except Minor)
Insurance facility on SBI Rishtey
Personal Accidental accounts will start from 4th of the next
16 Insurance (Death Not Available month of opening/ converting of account
Cover) and will be governed by the provisions
of other PAI Policy procured for Salary
Package Customers, reviewed from
time to time.