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.
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
1.
Purpose
To provide customizedfee/funds collectionfacility for
Any institution / firm/ company, etc.,desirous ofcountrywidecollection offee/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
Not Available
8.
Cheque book facility
Not Available
9.
Penalty for Closing of Account
Upto 14 days -Nil
After 14 days -Rs. 1000/- +GST
10.
Charges for non-maintenance of 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).