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CITI Senior Citizen Account

CITI Senior Citizen Account

 

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  • Account Type
  • Saving Account
  • Minimum balance
  • Rs. 1,000 /-
  • Daily withdrawal limit
  • Rs.25000/
  • Free debit card
  • Free ATM or Debit Card
  • Funds transfer facilities
  • yes
  • Auto sweep FD facility
  • N.A.

Features and Benefits of CITI Senior Citizen Account

Some privileges start at retirement. Choose wisely from an array of options that include investments, insurance and a lot more - all through your savings account!

Dedicated Relationship Manager

A dedicated Relationship Manager is one of the many privileges coustomers will enjoy on their Senior Citizens Account. Relationship Managers are trained and certified Investment Counsellors.

Succession Planning offered by IL&FS Trust Company Ltd. (ITCL)**

Succession planning is a facility designed to help you maintain, protect and preserve your assets across generations. The primary constituents of the Facility being-Advising on setting up trusts and drafting of wills to ensure and facilitate:

  • Protection and Preservation of your wealth across generations
  • Planning of your personal obligations and commitments
  • Protection of the interest of your 'beneficiaries'
  • Mitigation of family disputes
  • Distribution of your wealth in the most efficient manner
  • Leveraging of your asset to meet current obligations and future needs

Time Deposits

Liquidity with higher returns

With the new Senior Citizens Account, customers have the option of holding their money in Time Deposits, which can be linked to your Savings Account. Customers will enjoy both high returns on their money on easy liquidity. Here's more about Citibank:

Time Deposits:

  • Higher Interest rates
  • Deposits are held in units of Rs. 1,000 for easy liquidity
  • Choice of flexible tenures
  • Option to set the automatic roll-over facility (renew your deposit when it matures, ensuring that your money never stops earning interest!)
  • Option of overdrafts against your Time Deposit (allowing you to meet your short-term liquidity needs, while earning higher rates of interest on your deposit!)

Bill Pay: Simplify your life with FREE Online Bill Pay

Mobile Pay: Recharge your mobile online!

Documents Required for CITI Senior Citizen Account

Identity proof :

    * Passport
    * PAN card
    * Voter ID card
    * Driving licence
    * Government ID card
    * Photo ration card
    * Senior citizen ID card


Address proof :

    * Passport
    * Telephone bill
    * Electricity bill
    * Bank Statement with Cheque
    * Certificate/ ID card issued by Post office

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