Syndicate Bank super premium Saving Account

• All person(s) / associations who are eligible to open a Savings Bank Account can open accounts under this scheme.

• Monthly average minimum balance of Rs.1,00,000/- is to be maintained under the scheme.

• Sweep-in / sweep-out facility at  e-banking branches.

Additional Facilities Offered:

• Personal Accident Insurance Cover

• Free Remittance facility

• Free Credit Cards.

• Priority allotment of Lockers based on availability.

• Recognition for customers on special occasions

In case the customer desires the sweep-in, sweep-out facility, he may avail the same with following terms and conditions : (at e-banking Branches)

• The balance available in the account in excess of Rs.1,00,000/- shall be swept out into fixed deposits for a period of 3 years in units of Rs.10,000.

• The rate of interest payable on the swept out amount shall be the rate applicable for 3 years term deposit as on the date of sweep-out. The interest amount will be credited to the Super Premium Savings Bank account on half yearly basis.

• As and when there is need for funds in the Synd-Super Premium Account, the fixed deposit is broken prematurely in units of Rs.10,000/- and swept into the savings account to the extent of meeting the need. This Sweep-in will be based on last in first out.

• The interest rate applicable for the amount swept in will be the rate applicable for the period for which it was held in the term deposit account.

• No penalty is charged for breaking the fixed deposits prematurely.

• No separate deposit receipt will be issued. All entries will be reflected in the statement of account for the special savings account.

• No loan against the amount swept-out and invested in fixed deposits shall be considered nor the same taken as security for any credit facilities.

• ABB facility with Multi-city chequebook is available for the customer in CBS branches.

• Personalized Chequebook may be issued to account holders.

• Services Charges for non-maintenance of monthly minimum average balance (Rs.1,00,000/-) shall be Rs.100/- per month.

• Service charges for closure of account shall be Rs.100/-.

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