Premium Khata is a variant of IPPB Savings Bank Account which is offered to customers who are willing to subscribe to the Premium account services and avail our value added services.
Key Account Features and Benefits:
• Free Doorstep Banking
• Free Cash Deposit and withdrawal
• Average annual balance of Rs. 2000 need to be maintained
• Can be linked to a POSA (Post Office Savings Account)
• *Cashback on Virtual Debit Card induced transactions.
• *Cashback on Electricity Bill Payment.
• *Cashback on issuance of Digital Life Certificate/ Jeevan Pramaan Certificate.
• Free Cash Deposit and withdrawal
• Average annual balance of Rs. 2000 need to be maintained
• Can be linked to a POSA (Post Office Savings Account)
• *Cashback on Virtual Debit Card induced transactions.
• *Cashback on Electricity Bill Payment.
• *Cashback on issuance of Digital Life Certificate/ Jeevan Pramaan Certificate.
Pricing of Premium Khata Account:
| Account opening Charges (Rs.) | New Customer | 149/- (exclusive of GST) |
| Existing Customer** | 149/- (exclusive of GST) | |
| Annual Subscription Fee (Rs.) | Annual Renewal Subscription fees | 99/- (Exclusive of GST) |
Rates:
| Annual Interest Rates | Frequency of payout |
| Balance up to INR 1 Lakh – 2.00% Balances above INR 1 Lakh & up to INR 2 Lakh – 2.25% | Quarterly |
Source:https://www.ippbonline.com/web/ippb/premium-saving-account
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