Royal SB A/c

our latest king size sb account product

Learn more about the latest TMB Royal Savings Bank Account.

TMB has enhanced the service offerings for the royal and elite generation. This new scheme is being launched with the following features:

Target Group
High Net Worth individuals such as doctors, lawyers, C.A.s; Executives working in MNC, software companies, Public/private sector and business people.
Initial Remittance
Minimum Rs. 50,000.00.
Average Balance in the account
Minimum Monthly Average Balance of Rs. 50,000.00. Waiver of minimum balance requirement in the first month of opening the account.
Interest Rate
Savings Account Deposit Interest Rate
Periodicity of Interest Payment
Interest is calculated on daily product basis and payable on half yearly basis.
Nomination Facility
Available.
Value Added facilities
Many Many as follows.
Debit Card
Free Visa International Photo ATM + Debit Card.
Internet Banking
Free Internet Banking with e-Commerce.
Cheque Book
Free Pesonalized Cheque Books [Without Limit].
Credit Card
Free India Card [Conditions apply] [Joining fee waived and Free Annual Charge for 1st year] - [In case of Joint Accounts, First Account holder will be eligible].
Personal Accident Insurance
Free Personal Accident Insurance Cover for Rs. 3,00,000.00. [In case of Joint Accounts, First Account holder will be eligible]. Please Note: The coverage of personal accident insurance cover will be subject to the terms and conditions as well as expiry period of the master policy taken by the bank and the continuation of this facility will be at the sole discretion of the bank.
Free Tax Payments
No service charges for payment of income tax payment using Online / Offline Mode.
Any where Banking
Cash Remittance: Free upto Rs. 20,00,000.00 per month at Parent / Intracity / Satellite Branch. Cash Payment / Withdrawl: Free for Self at all Branches, Upto Rs. 50,000.00 for third party in Satellite and Intracity Branches. Transfers to Intra City Branches: Free.
Free Cheque Collection
Free Collection of Cheques drawn at TMB locations. For Cheques at non-TMB locations, Rs. 25.00 plus Other Bank charges [Postage will be collected].
Multicity Cheque Payment
Free upto Rs. 30,00,000.00 per month on payment of Multicity Cheques payable at other than parent branch under Transfer / Clearing.
Demand Draft / Local Draft / Pay Order
Free.
Fund Transfer by NEFT / FTFT / RTGS
Free.
Electronic Clearing Service [ECS]
No charges for both ECS debit and credit transactions.
Other Banks ATM Access
Free Cash withdrawals at NFS / VISA ATMs.
SMS Banking
Free SMS Alert Facility.
Demat Account
Waiver of first year Annual Maintenance Charges for demat account opened. [In case of Joint Accounts, First Account holder will be eligible].
Stock Trading Platform
Facility for opening Offline Share Trading account with M/s. Religare Securities Limited.
Standing Instructions
No charges for Standing instruction, Duplicate Pass Book & Stop Payment including stop payment under TMB eConnect.
Avg. Monthly Balance Waiver
Waiver of minimum balance requirement in the first month of opening the account.
Folio Charges
No Folio / Transaction charges.
Account Statement
Free monthly e-mail statement on request.
Non maintenance of average balance
In case of non-maintenance of average monthly balance of Rs. 50,000.00 during the month, a charge of Rs. 250.00 will be debited for every month for non-maintenance and all charges for free services will be recovered.
KYC Guidelines
The accounts should be fully KYC compliant account.
Account Closure
Rs. 500.00 with applicable Service Tax for closure within 1 year. After 1 Year - Rs. 100.00 with applicable Service Tax.
Other Condition
The account should be used only for Savings Purpose. If any business transaction is noticed in the SB account, then the Bank is entitled to recover all the costs for the free services/products offered to the customer.

Royal SB Account Quick Reference Glance:

Download the Application Form: