POWER JYOTI
Power Jyoti Current Account is an exclusive Current Account for the purpose of Collection of funds at all the Branches of SBI along with generation of MIS . The USP of this Current Account is that a Remitter can send funds under the scheme without having an account with SBI. Power Jyoti Current Account is ideal for Institutions , Firms , Educational Institute , Government Bodies etc for the collection of fees / funds / fines etc.
Features , Benefits and Advantages.
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Organizations get access to the MIS in desired format.
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Low Transaction fees of Rs. 60/- + GST per transaction.
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Collection made at any Branch will be pooled in one account.
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MAB of Rs. 50000/-.
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Zero Cash Handling Charges
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Sr. No.
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Particulars
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POWER JYOTI
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1.
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Purpose
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To provide customizedfee/funds collectionfacility for
institutions / firms /companies, etc.,through our core
banking branches
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2.
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Eligibility
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Any institution / firm/ company, etc.,desirous ofcountrywidecollection offee/funds from multi
location outlets.
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3.
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Nature of Deposit
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Current Account
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4.
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MAB (Monthly Average Balance)
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Rs. 50,000/-
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5.
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Transaction Charges
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Rs. 60/- + GST per transaction.
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6.
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Facility of Collection through INB
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Not Available
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8.
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Cheque book facility
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Not Available
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9.
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Penalty for Closing of Account
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Upto 14 days -Nil
After 14 days -Rs. 1000/- +GST
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10.
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Charges for non-maintenance of MAB
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Rs. 1000/- + GST
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For further information on Power Jyoti Account , Please Contact Nearest SBI Branch or Call - 1800112211 (Toll Free) , 18004253800 (Toll Free) , 08026599990 (Charges Apply).
