POWER JYOTI PUL (Pre Uploaded)

Power Jyoti Current Account is an exclusive solution for any institution desirous of collecting funds from various remitters through our core banking Branches or Internet Banking with Pre Uploaded Data . Power Jyoti Current account is highly preferable by Universities , Colleges, Schools and other Government Bodies to collect fees /funds/ fines etc. Business Firms also appreciate Power Jyoti PUL Current Account for collecting funds from Dealers , Sub Dealer , Sales Outlets etc. through any of our branches. Detailed MIS is also generated in Power Jyoti PUL Current Account.


Features , Benefits and Advantages.
  • Remitters Information would be Pre Uploaded on the System.
  • Organizations get access to the MIS in desired format.
  • Low Transaction fees of Rs. 60/- + GST per transaction.
  • Collection made at any Branch will be pooled in one account.
  • MAB of Rs. 50000/-.
  • Zero Cash Handling Charges

Sr. No.

Particulars

POWER JYOTI PUL

1.

Purpose

To provide customized fee/funds collection facility for

institutions / firms /companies, etc., through our core

banking branches with pre-uploaded data feature

2.

Eligibility

Any institution / firm/ company, etc. desirous of country wide collection of fee/funds from multi

location outlets.

3.

Nature of Deposit

Current Account

4.

MAB (Monthly Average Balance)

Rs. 50,000/-

5.

Transaction Charges

Rs. 60/- + GST per transaction.

6.

Facility of Collection through INB

Available

8.

Cheque book facility

Not Available

9.

Penalty for Closing of Account within 12 Months

Upto 14 days -Nil

After 14 days -Rs. 1000/- +GST

10.

Charges for not Maintaining MAB

Rs. 1000/- + GST

For further information on Power Jyoti Account , Please Contact Nearest SBI Branch or Call - 1800112211 (Toll Free) , 18004253800 (Toll Free) , 08026599990 (Charges Apply).